Eloncity Cornerstone Investment

Eloncity

The decentralized energy system generates electricity where necessary. On the other hand, a centralized network creates electricity at large remote power stations, then electricity must be transported over long distances at high voltage to customer sites.

No matter which technology is used, it is used: if the generator is remote (m, then it is decentralized energy.) Decentralized energy can include technologies that pollute the environment, such as diesel generators. However, the Eloncity model is based on the premise of using local renewable energy to meet local needs. The Eloncity model uses local renewable resources to reduce the risk to the environment and public health,

Eloncity activates the blockchain ecosystem to create and develop decentralized energy resources. The advantages of Eloncity could be emphasized as an open and enforced energy transaction - a single and efficient energy exchange, lower cost, greater reliability, increased security, social benefits, reduction of greenhouse gas emissions, adaptation, economic development, low-emission transportation and environmental advantages. Potential markets for the Eloncity solution will be components that are serviced by a centralized network with fossil fuels and nuclear power or areas that do not have electricity. The Eloncity development plan consists of three main
Eloncity Private contribution still ongoing and Eloncity dedicated $6,000,000 For Cornerstone contribution. Eloncity Already got invest from major investment firms. Here some Brief Details about Token distribution.

Volume: 1,000,000,000 ECT Finite amount of ECT created. No inflation.
Maximum token amount for contribution: 32%
Mining for stored renewables: 32%
Team: 7.5%
ELONCITYLab: 14.5%
Marketing: 14%

Soft cap: $10,000,000.
Hard cap: $33,000,000.

Private contribution : $19,000,000
Cornerstone contribution: $6,000,000
Public contribution: $8,000,000

What is cornertone investment?

A “cornerstone investor” is an investor that takes a large portion of a fundraising round. Credible cornerstone investors are people who have a deep understanding of the team, the product, and the market opportunity.
They demand appropriate valuations, conduct strong due diligence, and assist in the post-investment monitoring of investee companies. Cornerstone investors also encourage investment from others, as funds committed by them give a funding round momentum on day one, giving other investors more confidence in the proposition.

A leading marketing firm specializes in comprehensive Blockchain marketing accommodations to ecumenical clients. Krypital is the main collaboration partner of Eloncity project and withal a cornerstone investor. Krypital has a great history of launching highly prosperous crypto economic projects. The ICOs launched partnering with Krypital Group were consummately sold out within a few minutes. Most of the blockchain consultancy accommodations only accommodate their clients until the cessation of the ICO. But, the specialty of Krypital Group is, they give a premium accommodation until the project gets established as a world apperceived product or accommodation. Indeed Eloncity has made an impeccable decision on culling Krypital as their blockchain consultancy accommodation.

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Krypital Bounty Group

OK Capital provides plenarily-integrated blockchain accommodations for extraordinary projects in many ways such as blockchain consultation, technology support, capital investments and a world-leading digital asset exchange OKEx.com. OK Group has put more than 100 million US dollars to establish a commencement-up projects fund and is a cornerstone investor of the Eloncity project.

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An innovative venture capital fund, seeking to decentralize the venture capital world, and unseat the legacy banking institutions.
The portfolio of this company comprises some of the top blockchain projects in the space such as Quarkchain, SAP, Binance, Multivac, Merculet, Distributed Credit Chain, Worldwide Assets Exchange and now Eloncity.

Collinstar is An Australian based investment institution focusing on blockchain technology and digital assets. they have recently chosen the Eloncity as their investment.

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One of the blockchain venture capitalist firms which have been around for a while, since 2013.
Cybermiles, Vechain, Qash, Deepbrainchain, Elastos, IOT chain, Nebulas, INK, Beechat, Halalchain are some projects that Horman capital invested in.

GVC.Pe Founded in February 2018. GVC.Pe is a global blockchain investment bank. they have invested in many countries including Korea, Japan etc..
Previous projects they have invested are..
Dfinity, Coinbene,Waykichain, Raiblocks, Decred, Particl

LD capital is a value investing company in blockchain field. their team consisting of industrial resource advantages and professional investment research teams. they already invested in Qtum, Vechain, and Eos. they investing in Blockchain field with proper research and investigation. they have teams spread over China, the United States, Europe, Singapore, Japan, and South Korea, and have accumulated rich experience in areas of traditional internet, Fintech, and advanced blockchain technology.

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Ceyuan Ventures is an early stage venture capital company based in Hong Kong. They have made a half dozen blockchain investments including in OkCoin, Basis, and BlockSeer.

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Qingzheng Capital is a blockchain venture with more than 5 years experience . Qingzheng is a prominent investor in news, digital asset trading platforms, IoT, and app development.

Fengbushi Capital is a Shanghai-based venture capital firm and they have already invested more than $50 M worldwide.
vechain, Merculate, libra , ABRA, BIT pagos, Blockapps, Circle are some major projects that are included in Fengbushi Capital's portfolio.

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investor Interblock Capital, a Canadian encrypted currency, and certificate investment.

Eloncity Official Website
Krypital Bounty Group
Eloncity Group: https
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Auther : cryptochigga
Bitcointalk link : https://bitcointalk.org/index.php?action=profile;u=1693986