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Electrify.Asia (ELEC)

ICO

Electrify plans to develop a decentralised energy marketplace that runs on the blockchain. The marketplace will allow anyone to source for energy from commercial energy suppliers or to buy directly from a private producer via ELECTRIFY’s peer-to-peer  trading platform “Synergy”.

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Overview

Project industryEnergy & Utilities
Product typeMarketplace
FoundedSingapore
WhitepaperElectrify.Asia White Paper Open

What is Electrify.Asia

The ELECTRIFY’s price-discovery and intelligence platforms offer consumers more choices while providing energy providers with data-driven analytics on customers usage patterns.

    The ELECTRIFY platform will be enhanced with Synergy, a peer-to-peer energy trading platform through the use of smart contract.

   The ELECTRIFY will leverage blockchain technology to facilitate the transition from a marketplace into a decentralized energy exchange.

   The development of the ELECTRIFY ecosystem will be timely in the second half of 2018, where it will undergo a significant proof of concept.

   Energy consumers will also be able to subscribe to ELECTRIFY’s intelligent switching service that will employ artificial intelligence to recommend the suitable energy plan and provider.

   The ELECTRIFY users can opt to authorize ELECTRIFY to automatically choice of energy supplier according to optimization preferences.

   The ELECTRIFY will develop an SDK layer for electricity retailers to develop and customize their own retail electricity plans that can be offered to consumers.

   The ELECTRIFY allows any individual or organization to set up a retailer business.

Details

Public sales: Feb 22, 2018 - Feb 28, 2018
Token supply: 375000000
Hard cap: 30,000,000 USD
Raised: 30,000,000 USD

Legal

Country limitations: United States
Registration country: Singapore

Bounty

Bounty: 4%

Token info

Ticker: ELEC
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.080000 USD
Accepted currencies: ETH
Token distribution:
50% Token sale
18.4% Team and future team members (Vesting: 50% at each 6-month interval)
9.0% Advisors and Partners
18.5% Treasury and Community Development
4.1% Airdrop to the community
Funds allocation:
52% Development, Technology, Research
19% - Stang
10% - Operations
10% - Business Development and Partnerships
9% - Legal and accounting

Electrify.Asia Roadmap

1
MAR 2017

LAUNCHED ELECTRIFY.SG

2
OCT 2017

TRANSACTION VOLUME > S$5M

3
JAN 2018

ELEC TOKEN WHITELIST PERIOD

4
FEB 2018

ELEC TOKEN MAIN SALE

5
Q3 2018

BETA LAUNCH ELECTRIFY MARKETPLACE 2.0 & eWALLET

6
Q4 2018

BETA LAUNCH SYNERGY&POWERPOD

7
Q4 2018

EXPANSION INTO JAPAN

8
2019

EXPANSION INTO THE PHILIPPINES, AUSTRALIA

Project team

Julius Tan
Julius Tan
CEO
Julius Tan linkedin
Martin Lim
Martin Lim
COO
Martin Lim linkedin
Alexia Lee
Alexia Lee
OPERATIONS
Alexia Lee linkedin
John Lian
John Lian
DEVELOPER
John Lian linkedin
Elen Cheran
Elen Cheran
BUSINESS DEVELOPMENT
Elen Cheran linkedin
Mohan Raj
Mohan Raj
BUSINESS DEVELOPMENT
Mohan Raj linkedin
Chan Chea Hang
Chan Chea Hang
DEVELOPER
Chan Chea Hang linkedin
Adrian Lam
Adrian Lam
BUSINESS DEVELOPMENT
Adrian Lam linkedin
Harry Choong
Harry Choong
ENGAGEMENT
Harry Choong linkedin

Advisors

Jun Hasegawa
Jun Hasegawa
BLOCKCHAIN SCALABILITY/ PAYMENT TECHNOLOGy
Shirley Wong
Shirley Wong
GROWTH STRATEGY, INFOCOMM AND PARTNERSHIPs
Yang Dazhi
Yang Dazhi
GREATER CHINA, ML, AI, DATA SCIENCE, SOLAR STATISTICAL FORECASTINg
Licheng Liu
Licheng Liu
JAPAN ENERGY MARKET, UTILITY SCALE SOLAr
Foo Ming Qing
Foo Ming Qing
CYBERSECURITY AND POWER SYSTEMs
Daniel Sim
Daniel Sim
SYSTEM ARCHITECTURe
Nizam Ismail
Nizam Ismail
CRYPTOCURRENCY LEGAL ADVISOR

Social media

Electrify.Asia web-siteElectrify.Asia MediumElectrify.AsiaYouTubeElectrify.Asia TelegramElectrify.Asia TwitterElectrify.Asia Facebook

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