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Eloncity ICO Review - Recent Eloncity Updates and News since 01/9/2018

Time is up!! Eloncity Public Sale will be opened very soon - hope to see you there. In this article, we will take a note about some recent Eloncity updates and News since Sep, 01 2018.
We can find that there are not many news and updates from Eloncity Team recently. I think the Team may be very busy now to prepare for the Public Sale event as well as developing the products/services.

Eloncity ICO Review: Recent Eloncity Updates and News since 01/9

Here are some updates from the Eloncity Team from Sep 01, 2018 until now (Sep 13, 2018):

1) September 2, 2018: The ELONCITY Model

In a tweet on Sep 2, 2018 on Eloncity official Twitter channel:
The renewable generation technologies of Eloncity Model include solar PV, windmills plus other generation technologies optimized for local renewable resources and suitable for deployment in the target community.
This is a reaffirmation of the core features and values of the Eloncity.

2) September 4, 2018: About Eloncity Micro-Grid

In the tweet on Sep 04:
The granular power flows management of an #Eloncity #microgrid offers superior delivered power quality as compare to existing centralized AC grids or other AC microgrids. The size of a DC network is also a critical factor for the quality of the power delivered.

3) September 6: Founder Andy Li helps you break down your energy bill.

On Sep 6, Eloncity Team shares a great article about Pioneering an Electric Grid in the Middle of Nowhere: Chapter 2: What’s Next — Evolving Beyond the Model of Self-Sufficient Homes to Empowering an “Off-the-Grid” Village.
The Team also officially announced via their Twitter channel:
Eloncity aims to empower local energy consumer networks that share, and exchange locally-produced #renewable #energy to overcome structural, geographical, and economic barriers and to also enable sustained #community development and well-being.
To read the entire article, please visit Eloncity Medium blog at:  https://medium.com/eloncity/

4) September 10: The future and collaboration of Eloncity

In the tweet on Sep 10 talking about the future and collaboration of Eloncity, the Team said:
Our Foundation will collaborate with manufacturers, standard bodies, customer advocate groups, and stakeholder groups to introduce the universal plugs and sockets for 200V DC; everywhere we go, we will be plugged into much more energy efficient energy infrastructure
Eloncity has high potential to grow up very fast in the feature.

5) September 11: 3Sun Electronics and the competitor - Tesla

About the competition and growth potential of 3Sun Electronics with Tesla's Gigafactry, Eloncity Team said on Sep 11:
3Sun Electronics is the primary battery supplier. Strict quality controls allow them to maintain a strong business reputation. The annual production of 3Sun is about 8GWh, which is slightly lower than that of Tesla’s Gigafactry, but it may soon exceed Tesla

6) September 12: About the Eloncity Token Protocol (ECTP)

Core ECTP core energy exchange platform based on high-performance blockchain network. The ELONCITY blockchain will be an enhanced Ethereum blockchain technology that has been optimized for the high-volume high-speed energy transaction.
The ECTP provides an open, secured and distributed ledger for efficient recording of the transaction of energy services in the community in verifiable and immutable manner. The blockchain platform also enables Eloncity to establish an auditable record for tracking the sources of electricity generation in the community, whether it be renewable or fossil-fuel.
The auditable tracking of electricity generation sources is critical for valuation of electricity based on generation sources and monitor the community’s progress toward the renewable GHG-free future. This feature facilitates a shared resource economy to maximize asset utilization rates and cost-effective access to decentralized renewable energy.

7) September 13: Eloncity's Smart Contract platform for Energy Exchange

By partnering with Arcblock and CyberMiles, Eloncity Smart Contract platform (the blockchain platform) can handle more than 10,000 TPS - enough for the future of energy-exchange.
A versatile and optimized smart contract platform to support energy-exchange contracts amongst community members, compute real-time equilibrium energy prices for a given location on an #ELONCITY #microgrid and conduct agreed energy exchange.

Overview of Eloncity: A High Potential ICO Project in 2018

Eloncity is the 5th project that introduced by Krypital Group - a leading consulting firm that provides professional and comprehensive blockchain marketing services. The firm has become very famous and legit since promoting all the succeed ICO projects, includes CyberMiles, ArcBlock, Merculet, Egretia.
Eloncity decentralizes our power infrastructure into millions of self sufficient microgrids. Locally produced energy is available 24/7 and directly competitive to utilities. Energy price becomes transparent to all. People use eloncity's open technologies to make electricity virtually free so that we can electrify the world with clean energy.
Eloncity is targeting the energy market with a blockchain solution (use the state-of-the-art blockchain technology for managing the generation and distribution of electric power). 
Climate change and the subsequent emergence of renewable energy sources have changed how energy is produced. Instead of big centralized nuclear and fossil energy production facilities, more and more smaller decentralized wind and solar energy plants come into appearance. At the same time many consumer of electricity start producing their own energy and turn from consumers into “prosumers”, producers and consumers of energy at the same time.
Eloncity Overview: One of the most potential project in 2018
To sum it up, Eloncity tries to build a community power facility by using the “decentralized new energy community power supply + energy storage equipment”, and gradually complete the group grid connection of the smart grid micro community in order to establish a decentralized community electricity exchange market.
Eloncity's goal is not to replace centralized power generation (AC system). Instead, it hopes to reduce residents’ dependence on a centralized power supply system and improve overall resource utilization.

Find more details and my reviews about Eloncity with the following articles:

For more details about Eloncity, please visit:

- Eloncity Official Website: http://eloncity.io/
- Krypital Bounty Group: https://t.me/KrypitalBounty
- Eloncity Group: https://t.me/Eloncity
- Krypital News: https://t.me/KrypitalNews
    Written by JQCrypto
    (Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2333640)

    Thanks for reading!

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