JOIN THE WORLD'S FIRST OPEN PEER-TO-PEER ENERGY TRADING PLATFORM
WATCH OUR OFFICIAL VIDEO TO LEARN ABOUT THE SUNCONTRACT PHILOSOPHY
Introduction to SunContract SunContract is revolutionizing the energy market by leveraging Ethereum blockchain technology to establish a decentralized platform for buying and selling electricity. This innovative project combines renewable energy and cutting-edge blockchain technology to create a sustainable and transparent energy ecosystem.
The 5T's and 5D's of SunContract SunContract’s unique business model is built around the following core principles:
The 5T: - Trust
- Transparency
- Traceability
- Time Stamp
- Transaction
The 5D: - Digitalization
- Decarbonization
- Deregulation
- Decentralization
- Democratization
These principles guide SunContract in transforming the traditional energy market into a fair, efficient, and environmentally-friendly ecosystem.
How Does It Work? SunContract directly connects energy producers and consumers through an energy pool, using smart contracts as the backbone of trust and automation. Blockchain eliminates the need for intermediaries by integrating seamlessly into existing energy distribution systems without requiring changes to regulatory frameworks.
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Pilot Project: Live trading began in Slovenia on April 1st, making it the first open energy market.
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Global Expansion: The next phase focuses on European Union markets, benefiting from shared regulatory standards.
Vision SunContract envisions a self-sufficient global energy community powered by renewable energy and digitalized electricity. Through
SNC tokens, users can purchase electricity or other energy services, such as solar power systems, heat pumps, and more, within the SunContract ecosystem.
Token Economics SNC is an Ethereum-based (ERC20) token with a finite supply, ensuring a closed and sustainable ecosystem. The SNC token is the exclusive currency for energy-related transactions on the platform.
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Exchanges: SNC tokens are available on Huobi, HitBTC, Kriptomat, and Yobit.net.
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Fiat Gateway: Convert USD and EUR to SNC easily on Kriptomat.
Opportunities in the Energy Sector The energy industry is a multi-trillion-dollar market. By removing intermediaries and reducing reliance on traditional operators, SunContract provides lower energy costs for consumers and fairer compensation for producers. Future growth will be driven by:
- Increased adoption of energy storage systems.
- Rising transaction volumes in the SunContract Energy Pool.
- Expanding real-life use cases for SNC tokens.
Official Social Channels Media Highlights -
Nasdaq: Platform release.
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Cointelegraph: Platform insights.
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CryptoWorld: Expansion and partnerships.
Disclaimer I am not responsible for the accuracy or availability of the links shared in this post. All links have been taken from the official SunContract website.
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