Eloncity Private Sale/Public Sale (Making Energy More available)

Renewable energy is the most sought at type of energy sources as it is relatively cheap to use and more environmentally friendly. This is because most of our known sources of energy are hazardous to the environment and also is propelling ozone layer depletion which in turn is affecting our environment at large. With this in mind there is need for us to device and manage other means of energy sources. Not only device and manage it, we also need a more decentralized approach to our energy sources. Decentralization to a large extent has made most areas of life in which it has been applied to be more effective, efficient and easy to access. Decentralization entails an open source protocol in which everyone has access to anything they need at all times without having to go through one or more intermediaries.

Eloncity is one of the projects which are built to bring about decentralization. Eloncity is decentralizing the renewable energy industry by introducing a decentralized renewable energy platform which is built on the blockchain. The blockchain, will enable people who has one or more energy resources to be able to deploy their decentralized energy applications on the blockchain for easy patronization by those who has need for such energy resources. Despite the fact that everything around us needs energy to function, the cost of energy has been at an exorbitant price, this has left only those who can afford to pay for their energy consumption to have access to the energy they need why some who are unable to pay for theirs are left with little or no energy to use in their firms and business. This high cost has put some out of business and only the capable ones are still operational.

In the light of this, there is a need for a more robust option to energy, there is need to make energy affordable for all who has the need for it, there is need for a decentralized energy supply as the middle men has also played a major part in the skyrocketing of cost of energy.

Eloncity is bringing to play the required changes and proffering solutions to the energy needs of everyone. Eloncity is a renewable energy platform with the sole purpose of making provisions for energy availability and consumption at a very cheap rate which everyone can afford. Eloncity is not only proving solutions to the energy needs of the masses, it is as well creating an avenue where people who has energy sources can deploy their energy decentralized apps on the Eloncity platform and as such, be a source of energy to other in need of energy supply. Through the blockchain technology which Eloncity will be built on, there will be trust and more effective ways of energy distribution. The Eloncity will be powered through their utility token which will be known with the ticker (ECT). This will serve as the access tool of the ecosystem.

ELONCITY PRIVATE/PUBLIC SALE

Eloncity is holding a tokensale event to help further the development of the project. This exercise will be carried out in two phases: private/public sale. This is to enable everyone who would want to take part in the project development funding do so. The private sale phase has already begun with the selection of those who are eligible to contribute in the phase. A total amount of 1bln ECT tokens will ever be minted, 32% will be available for sale during the tokensale event. Softcap is capped at: $10,000,000, while hardcap is capped at $33,000,000. To take part in the private sale, kindly head over to here/

Below are the details of the private sale

The registration of the private sale started on the 28th of June 2018. During this phase, the contribution cap is set at $19,000,000. Tokens sold at the private sale phase will be vested for 9 months locking period. 10% of tokens will be made available to the contributors when the public sale tokens will also be distributed to investors. This is to say that when tokens will start being distributed, those who took part in the private sale will be allowed 10% of their contribution. The remaining 90% will be released in 10% batches every month for 9 months. Contribution will be accepted in ETH and BTC. Minimum contribution at the private sale phase is $200,000 while the maximum is $600.000. After the application to participate in this phase, those who are eligible will receive a mail from here/

Public Sale

Information about the public sale will be made available once the private sale is concluded. Keep in touch with the Eloncity social media platforms to be notified when this phase will be opened.

Summary
Eloncity is revolutionizing the renewable energy industry through the introduction of blockchain technology and salient other components that will make energy more available to consumers at large.

Official Links

MY unique identification link (http://eloncity.io/?utm_source=Content&utm_medium=Bounty&utm_campaign=B000672 )
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews
WEBSITE: https://eloncity.io
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