SUNMONEY foundation:
SUNMONEY is an already established platform with its roots developed for last four years with working solar plants in Germany and Hungary. As the name described SUNMONEY is related to money generated by SUN means the solar power. SUNMONEY is generating 20 Mega Watt electricity which is then sold to the companies who provide this to the end users. The private investors are always welcome to enter this SUNMONEY SOLAR GROUP by investing up to 85.000 Euros.
Features of SUNMONEY platform:
- Already well established solar power generating system
- Profit sharing on monthly basis
- Solar packages are available for new comers who can also build their own communities.
- State of art account system to record transactions and make it transparent publically.
- Their end goal is to provide electricity to areas of need.
- Already established parks can collaborate with SUNMONEY ecosystem in order to generate more profit.
- SUNMONEY community will also built new solar park on different locations keeping in mind the risk factors such as climate of that area to reduce the risk rate.
- Make research for renewing the energy.
Future:
SUNMONEY platform already anticipated the need of electricity will grow so the world will tend to utilize solar energy even more but SUNMONEY has established it before. By this year 2018, they plan to integrate this ecosystem with blockchain integration and third party solar farms.
Pillars of SUNMONEY:
Three basic pillars of SUNMONEY ecosystem are the POWER PLANTS, community networks and Expansion. These are the power plants through which the energy is generated. They are built for long term service providing idealism. They guarantee of supplying the power for no less than 25 years and for this they are ensured. The members who built a community will also get profit for 25 years without getting a new package during these years. And lastly, the 100k Euros invested platform expanded itself via blockchain integration so there is no chance of any failure. The reason of this expansion is to provide even more electricity and generate capital from people from every part of the world and will provide them the power supply in near future.
Token details:
The main reason behind making this platform blockchain based is financial institute establishment. In order to generate more capital SUNMONEY has released its tokens of amount 10.000.000. The tokens are termed as SMT and ERC20 format. And out of mentioned number 72% will be allocated for sale. And the transaction of these tokens will be considered via SMART CONTRACT instead of state of art protocol.
- The token holders don’t hold the label of owner. And will not receive the capital profit directly.
- 20% proportion of annual profit generated by the ecosystem will be utilized to buy back the tokens. Moreover, the token are mineable, and the token holder will also get profit by mining the SMT tokens.
About the ICO:
Initial coin offering for the SMT tokens will start on 15th March 2018. To buy 150 SMT tokens 1 ETH must be paid. Only BTC and ETH cryptocurrencies are accepted to but SMT tokens. The capital generated by the ICO will be utilized for launching new solar parks at new locations, (75%), relevant operations (10%), marketing (8%), R&D (5%) and legislation (2%). For further insight about the project please visit whitepaper.
ETH: 0xAcBfF971aaEc80cAc1D9fe4f9a5E735841cADF68