Review ElonCity ICO: Power The World Virtually For Free

Project Overview:

Eloncity is a decentralized renewable energy ecosystem that comprises of high-performance blockchain technology to enable tracking and distribution of electricity generation sources. The blockchain platform proposes on establishing a community where individuals seeking energy can enhance their collaboration and sharing of energy resources. The concept is in line with Eloncity's idea of mitigating the barriers that hinder the adoption of decentralized renewable energy sources within the energy sector.

Eloncity modern life depends on the vast electric grids to power everything from light bulbs to mass transit subways.Despite tremendous strides in technological innovation, the existing grid is largely built on an aging design. This design is essentially a centralized grid architecture based on large power generation plants in remote locations that are connected to the customer sites through a complex labyrinth of transmission and distribution (T&D)network.

The coordination of electricity production in alternating current (AC) combined with delivery throught he complex T&D network is managed by regional system operators or independent system operators (ISOs).

The ISOs must balance not only the electricity production and consumption in real time, but also ensure the electricity produced remotely is transported to customer sites without running into congestions on the vast T&D network. While the current electric power grids are a marvel of engineering feats, this enormously complex centralized power grid design is showing its age. Today’s centralized power grids face significant challenges in providing safe, reliable, secure, and affordable energy services.

Why Do We Need Eloncity?

The world's population is increasing day by day. With that, the demand for electrical energy is increasing too. So centralized AC grids will not be a cost-efficient solution for transmitting a huge amount of electrical energy for long distances when considering the losses ( transmission loss and distribution loss ). And with the increasing demand, the above-mentioned problems in centralized AC power electrical systems too get more effective. So this technology must change, there must be a better way or a way without these problems. Project Eloncity seems to be a very good solution for this when considering the "Eloncity Model" which was created to address all the challenges faced by this centralized AC power electrical systems.

Another important fact which we must consider is the blockchain platform which provides efficient, secure, open recording of energy transactions. It is very significant. The Blockchain stage is the major cause for a secured and efficient record for a proficient chronicle of vitality exchanges in the network in a reliable manner. The blockchain platform also motivates and empowers the Eloncity project community group to build up an auditable record and it is a very significant advantage.

So when considering these facts we can very easily understand the reliability and value of this "Eloncity Model" for the future generations or for the power industry in the future world. And this project gives what people actually want, a safe, cost-effective, reliable power system. So according to my point of view if you a going for an investment project Eloncity is the right place for that. It will be a safe and more profitable place for your money. I'm inserting all the URL's related to this project and all the links to their social media platforms. Don't forget to follow them and keep in touch with the project. Eloncity is the future of power indusrty and it's future of world !

Potential advantages of Eloncity's energy service

• Open-source and secure: The Eloncity blockchain protocol works on an open and secures distributed ledger for the efficient recording and tracking of transactions for the energy services.
• Reliability: There is greater reliability that comes with using Eloncity since the decentralized energy structure bears an inherent design to allow the platform to anticipate, adapt, absorb or recover from potentially disruptive scenarios
• Low costs: The Eloncity energy model helps lower the energy expenditure of its individuals by combining local DC grid networks, appliances, and retrofits to decrease energy consumption or losses.
• An efficient energy marketplace: By using the Eloncity Token for its open market, the platform enables users to access a unified network for global renewable energy solutions
• Emissions reduction: Eloncity also reduces GHG emission by replacing or limiting the use of fossil fuel-based electricity generation and lowering energy consumption.

Eloncity’s target Markets:

The potential markets for the Eloncity Solution would be areas that are being served by fossil fuel and nuclear powered centralized grid, or areas that lack electricity services. Eloncity’s market penetration strategy intends on providing full turnkey solutions in areas that lack electricity infrastructure, while simultaneously offering tailored Eloncity solutions to incumbent utilities to address the chronic challenges facing the existing centralized grids. The restructuring of existing utility regulatory regimes is not prerequisite for the success of Eloncity market transformations.

During the initial market development phase, the Foundation will focus on disaster-prone and rural areas because these areas:

(a) either have no electricity services or most vulnerable to electricity service disruptions, which would benefit the most from the Eloncity Model;

(b) typically lack the local capacity to plan and create the safe, secure and sustainable energy future;

(c) are hard-to-reach and underserved communities. With a more reliable, secured, affordable decentralized renewable energy system, Eloncity microgrids aid underserved communities in rural areas to join the mainstream economy.

Token Details

• Ticker- ECT
• Platform- Ethereum
• Token type- ERC20
• Accepts- ETH
• Token supply- 1,000,000
• Amount for sale- 32%
• Conversion rate- 1 ECT= $0.12
• Hard cap- $33,000,000

For more information:

• Identification link :  http://eloncity.io/?utm_source=Content&utm_medium=Bounty&utm_campaign=B000478
• Krypital Bounty Group:  https://t.me/KrypitalBounty
• Eloncity Group: https://t.me/Eloncity
• Krypital News: https://t.me/KrypitalNews
• Official Website: https://eloncity.io/
• Twitter: https://twitter.com/Eloncity_io
• Facebook: https://www.facebook.com/Eloncity-229599404279234/
• LinkedIn: https://www.linkedin.com/company/eloncity/
• Instagram: https://www.instagram.com/eloncity_io/
• Reddit: https://www.reddit.com/r/Eloncity/

Author: mocmien

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1257474