Eloncity - Review of ICO

Almost all units and devices that people use every day can only work on electricity. Despite the fact that scientific and technological progress is not on the spot and technology is constantly being improved, electricity production remains a cost-effective, difficult and often non-environmental process. Industry needs to be developed and improved. Road electric power and centralized electric systems working on alternating current, today nobody is beneficial. Traditional existing power grids cannot boast of absolute reliability, as they have many unsolved issues in ensuring stable and safe work. Problems of environmental friendliness are equally acute in the process of extraction of electricity, since any production contaminates the environment and production of heat energy especially. I suggest you take a fresh look at electricity production and get acquainted with Eloncity Company.

Eloncity project.

           ELONCITY is not a new entrant in the energy industry, but the team intends to introduce Blockchain technology for this area. Eloncity plans to decentralize the company's entire power grid to a plethora of small hybrid networks that will operate on solar panels and capable of autonomously producing, storing and delivering energy.

Such a decision will be correct from a financial and environmental point of view, as well as safe. The pricing process for electricity will become more transparent. Any user of the Eloncity platform will be free to generate electricity. Among other things, people will even be able to sell this energy. In particular, if in the periods of the greatest load of networks one person will not have enough of the necessary amount of electricity, then another person will be able to share stored energy with it for some fee. Such exchanges will be based on Blocchin technology and will be safe and transparent. The system guarantees users access to both money and energy, as fraud will simply be impossible due to the use of smart contracts. In addition, the Eloncity platform provides a reward system, for one megawatt of electricity the user will be able to get 16 tokens of the company. It turns out that Eloncity will develop a trading system that will work on artificial intelligence algorithms using the Internet of Things (IoT) to minimize human participation in processes, and will use machine learning to calculate the demand model for community electricity.  

            The Eloncity project aims to replace classical power grids with a structure that includes millions of independent power grids, and therefore makes electricity publicly available around the clock. Everywhere, people begin to experience economic and political difficulties because of reduced fossil fuel production and the complexity of renewable energy production. Eloncity Company uses Blockchain to help humanity solve urgent energy problems. Eloncity's development will provide opportunities for producing almost free electricity than providing all people with affordable, environmentally friendly electricity. Thus, Eloncity will eliminate environmental pollution around the globe, as technology will help avoid future harmful emissions.

Road map.

The exact date of the ICO is not yet known, however, the official website of the project with the possibility of direct communication with the team through social networks is offered to your attention.

The project team.

ElonCITY developers call their project a universal decentralized safe and environmentally friendly analog of power supply. Such properties would solve two current problems of modern globalization of electricity supply. 

At the same time, the Fund plans to cooperate with large public utilities in the field to ensure uninterrupted and decentralized energy supply, thereby addressing the problem of localized limited service areas. The local production of renewable energy eliminates the need to import energy from other areas and areas with expensive and yet vulnerable T & D networks.

Final word

The creators of the project want to present to the world a decentralized system of extracting "green" electricity, which could be supplied to consumers for their tokens or to sell. "Green" this kind of energy is called from sources of its origin, sources by the standards of humanity can be called inexhaustible. "Inexhaustibility" of these energy resources in the constantly occurring processes in nature that contribute to the extraction of energy. This is the energy of the Earth itself, the Sun, which are safe for the whole environment around us. The Earth gives us energy through the use of a system of water currents, wind, tides of seas and rivers, geothermal heat. All these processes occur by themselves, naturally and independently. This also determines the self-renewability of the process of extracting safe and green energy.

The production and transmission of renewable electricity is not the only thing that the project developers offer. Eloncity will provide alternative sources of fuel, which will bring the project to a qualitatively new level in the market. Today, utilities can infrequently provide fuel and energy supplies at the same time.Decentralized network ElonCity will improve the entire fuel and energy complex in the world, changing the algorithm in general. This approach will make energy generation and power transmission affordable, quality and safe thanks to smart contracts.

For more information, visit: 

Krypital Bounty Group: https://t.me/KrypitalBounty

Eloncity Group: https://t.me/Eloncity

Krypital News: https://t.me/KrypitalNews

Website: http: // www .eloncity.io

Medium: https://medium.com/eloncity

Telegram: https://t.me/Eloncity

Facebook: https://www.facebook.com/Eloncity

Twitter: https://twitter.com/Eloncity_io

Reddit: https://www.reddit.com/r/Eloncity/

Bounty: https://bitcointalk.org/index.php?topic=4443361 

Verification Link:      

http://eloncity.io/?utm_source=Content&utm_medium=Bounty&utm_campaign=B000207

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