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Eloncity is a solid project that aims to address existing problems in the energy sector of the world and I recently published a detaield article about the project. The Eloncity has solutions for many issues that occurs in modern centralized AC powers system. As the Eloncity project's unique and impressive concept, This project has been able to win the attention of many people. As we can see many ICO investors are eager to put their hard earned money in this project and expect future rewards considering the available almost riskless opportunity.
Today, with this article I expect to speak about The use of ECT in the future and its features, How it can break down your energy bill and a brief introduction about the Eloncity founder Mr. Andy Li.
As you know Energy is one of the key elements of the modern civilization. Energy is almost relevant to everything we do in day to day life. Most of the devices that we are using in our work require the energy. So we can understand modern civilization runs on the energy. As we already know current centralized AC power systems have a number of disadvantages, Unfortunately, We couldn't see any upgrade or development in these centralized AC power systems as well. The project is designed to address those problems in the centralized AC power systems with a solid solution. Eloncity concept is very advanced and We can already see that the project is going to be a successful one. In the end, Eloncity tokens - ECT which act as fuel in the platform also will have a great value in future. So, I think we must focus on the benefits of having ECT coins, How can we use ECT coins and the features of ECT Tokens. Because Knowing these facts will surely be useful for us in future. So, let’s try to figure out those facts with this article.
What is ECT Token?
ECT Coin or ECT Token will act as the fuel in this Eloncity platform to activate it. The whole process of the exchange of power in this platform will continue through ECT Tokens.
You can get 16 ECT Tokens as rewards for each megawatt of clean energy in this platform. This will encourage clean energy producers to produce more clean energy and also many people and institutions to invest in the energy storage equipments.
ETC Tokens have two major features, Tokens are economical and exchangeable.
ETC Token is Economical.
Every single device or instrument work with ECTP must have adequate/suitable ECT token which is equivalent to the measure of its power, that implies the energy consumption will take a part in this exchange process. This influences the cost of power to help the store of value.
ETC Token is an exchangeable media
Platform users can be rewarded by selling their extra energy which they generated from their centralized power plants in the network. Whenever some user sells their extra clean energy that excess energy generated by him will be used another user who is connected to the Eloncity network. Furthermore, the network individuals can utilize this ECT tokens to connect with the nearby power work and the items which approve of ECTP. So this is an extremely valuable feature of ECT token.
Importance of ETC Token
We can see that there are many important features of ECT Tokens. ECT Tokens can create a bridge between renewable energy supplies and consumers so that they can meet each other for trading. Eventually, It will create a new market of affordable renewable energy for everyone. This is a market that eliminates geographical barriers in the trade. and no political or economic barriers as well. So we can say that ECT Tokens open the door for new energy that many people haven't had an opportunity to access so far. In this way. ECT Token will help to solve the problems of current energy problems . So, Eloncity Token's value will increase with the time.
Summary of ECT Token features
It combines renewable energy suppliers and consumers in a community
Ability to store the renewable energy
Ability to use ECT Tokens to buy renewable energy
It can create a free marketplace that is open for any person from around the world
It acts as the medium of energy exchange in the Eloncity platform.
It brings Blockchain technology and with Al algorithm. Blockchain makes energy trade transparent while Al algorithm
finds fair market prices in real time as a reference
The future of ETC Tokens in future
Apparently, ECT Tokens will be a major crypto coin in the crypto world. This coin is about to fully active in the Eloncity platform acting as the fuel of the Eloncity ecosystem. It will act in different ways on the platform. As we can see that the popularity of project Eloncity is growing, more and more people aware of ETC Tokens day by day. As a result of it, The demand for the ECT also will be increased. eventually, It will cause to increase the value of ECT Tokens as well. So we can assume that ECT Token will be one of the highly valued tokens in the crypto market and also the most highly used token or the coin in the future power industry.
About the founder of project Eloncity
Andy Li is the founder of this project Eloncity. He has worked as CTO (Chief technology officer) of ChinaCache. He was a computer researched at Alibaba cloud. He is a person who has 12 years of working experience for Cisco in the USA. In the year of 2014, Andy decided to found POMCube, a company that is developing economical energy storage systems controlled by cloud computing is the main focus of POMCube. Then again in 2018, Andy founded project Eloncity.
Mr. Andy Li's Linkedin Profile -https://www.linkedin.com/in/andy-li-778a2b3/
A Final Word
Project Eloncity is addressing problems that occur in a very important sector in the modern world. That is the energy. This project has successful answers for the all the issues that established for decades in current centralized AC power systems. So we can say the project is a quite reliable and practical one which emmerges with real solutions for the real problems. Eloncity's aim is to provide renewable energy using blockchain technology. So the project is not only cost effective but also it is enviorinement friendly. I think it is our duty to support such projects that is good for the climate and the environment. This project has high potential of success and It has been able to win the attention of investors around the world. Even at the currrent bear market, Eloncity is still successfully raising funds for the project. With the time more and more investors will join with this project as this project is one of best investment plans for them to gain high profit and It will cause to increase the value of ECT Tokens what is act as the fuel in this ecosystem. Apparently, ECT token will gain a higher value in the crypto world in future.
I would like to invite you all to visit following links for more information about this project and to get latest updates about the project.
Eloncity Official Website: https://eloncity.io/
Eloncity Telegram Group: https://t.me/Eloncity
Krypital Bounty Telegram Group: https://t.me/KrypitalBounty
Krypital News: https://t.me/KrypitalNews
Always keep in touch with Eloncity Social Media to get get the latest news about the project
Facebook : https://www.facebook.com/Eloncity-229599404279234/
Twitter : https://twitter.com/Eloncity_io
Linkedin : https://www.linkedin.com/company/eloncity/
Instagram : https://www.instagram.com/eloncity_io/
Reddit : https://www.reddit.com/r/Eloncity/
Author's name: shirano
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1402754
Telegram: @shirano1
Eloncity is a impressive project. Apparently, it has a bright future ahead as It aims to provide solution for problems that existing in a sector which is very important for the man kind in modern civilization. Glad to help to promote this project. cheers..!
Yeah it has, Agree with you on what you have said here. Thanks for everything @manjari
You are welcome, keep it up..
It's well written! Thank you for the article! I think the project has a future because green energy is now in the trend
Thank you mate. Yeah I agree with you on the green energy factor what you pointed out here.
This type of project what world needs right now. We need to produce more clean energy. When the blockchain techonology going to add with it we will have a better world. This project addresses the problems in the current energy sector. Nice article from you. I too wanted to share this concept with others, so I too created an article about this project.
Happy to hear you too like this project and wanted to share with others. Lets spread this great news to the world. let's protect the mother earth and let's have the energy to our day to day life with a better technology.
Thank you..!
Exactly, ECT Tokens will be among top coins in future.
Keep up the good work sharing more projects like this.
Thank you @pubudu
Yeah, This concept is reliable, needful. Thank you @dulaj15