Eloncity is the blockchain network decentralizes with the power infrastructure for millions of self-sufficient microgrids. This network providing organization utilizes the locally produced energy directly to the competitive form of utilities availing the energy for 24/7. This system makes the energy price reduces so that people can use the open technology by making the electricity virtually free to electrify the world with full of clean energy. The Eloncity token incentivized the investment in ECTP to the battery energy storage system rewarding the renewable energy competency. This will also create an open global marketplace enabling the communities throughout the world creating highly efficient and trusted community-based electricity through the exchange of the platform. This will specify the hardware devices in terms of powering the network requirements for devices in exchange for electricity to the blockchain platform.

Power Source

Eloncity microgrid is powered by the sources for supply in order to govern the demands for this. The power sources include some infrastructure such as:

• Rooftop Solar PV Panels: The solar PV panels are varied depending on the time-of-the-day. This will define the condition of the panel location and resources if it is not elastic and not sensitive to price.

• Behind-the-meter BESS: It is the customer-sited energy storage device like POMCube NetZero, Tesla Powerwall or electric vehicles to building-to-building. The resources are elastic enough and power sensitive as they will sell the electricity likely whenever there is some shortage at the time of evening hours and will bid the price in high.

• Community-Based BES: It is the commercial versions for ECTP BESS where the operators of BESS will operate by BLSP or Base Load Service Providers. It is basically the supply for elastic and price sensitive issues.

Import Electricity from the Local Utilities: It is applied for the utility energy by the demand of local utilities and it depends on the elasticity of the demand but it also lies in a semi price sensitive mode. The on-peak and off-peak pricing systems are coarse together and do not have any reflection on the real-time and locational values of the electricity.

Demand Side

The equation of ECTP has another side of demand where the sources are like this:

• Critical Needs: On this part, critical needs are in contact of lighting in the evenings, cooking, refrigeration, internet connection like an internet modem and the basic air conditioning like fans are not included in the elastic and price sensitivity issues.

• Comfort Needs: The comfort needs are the part of the demand source where the entertainments will also include HVAC, clothes, washer and dryer, vacuum machine which are elastic and price sensitive too.
  Behind-the-meter BESS: This component can be recharged when the electricity price becomes low to the arbitrage for the high electricity prices at the time of peak and demand periods. This is how the demand gets elastic and prices become sensitive.

• Community-Based Energy Storage Devices: It is installed by the commercial operators outside from the customer premises and the operator by BLSP. This makes sure the energy source may come out from the local generation of from the microgrids. Such resources are also elastic and price sensitive as well.

ELONCITY Private sale and Public Sale

We can separate Eloncity token deal to essentially 2 fundamental stages

• Private sale

• public sale :

private sale is dynamic at this point. On the off chance that you keen on joining currently please visit the official site through the given connection toward the finish of this article and fill the application which is given on the site. At that point you have to hold up at some point till the check procedure is finished. What's more, you need to pass the KYC check process effectively. Afer each progression in the check procedure is over you will get an email with facilitate directions.

ICO Details

• Type: ERC20 – Utility
• Symbol: ECT
• Platform: Ethereum
• Minimum Investment: 0.1 ETH
• Maximum investment in the public sale: 3 Eth
• Soft Cap: $ 10 million
• Hard Cap: $33 million
• Payments Accepted: ETH and BTC
• Restricted from Participating: USA, China, New Zealand, and anyone who is a citizen or resident in a geographic area sanctioned by the USA as well as anyone subject to USA and/or United Nations sanctions

Private sale : $19,000,000

Vesting period: 9-months locking position with 10% of token discharged in the meantime as the principle token discharge (six a month and a half after the finish of the fundamental commitment). From that point, 10% token discharged every month in 9 back to back stages.

Public token sale

• ICO Token Price: 1 ECT = 0.12 USD
• Fundraising Goal: 33,000,000 USD
• Total Tokens: 1,000,000,000
• Available for Token Sale: 32%

The tokens of Eloncity can be mined through a mechanism awarded to the ECT so that the customers can store the renewable energy using ECTP compliant to the BESS. The function is also long-term where the smart business contracts with the enhanced Ethereum blockchain technology platform in support of high-volume and high-speed transactions.

Website: https://eloncity.io/
Twitter: https://twitter.com/Eloncity_io
Facebook: https://www.facebook.com/Eloncity-229599404279234/
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Eloncity Group: https://t.me/Eloncity
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