 | Eloncity (ECT) |
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.
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What is Eloncity
Eloncity model integrates advanced technologies, best practices and lessons learned to create a scalable and replicable design for unleashing the potential of the community-based renewable microgrid to attain an energy future safe, secure, healthy, sustainable and equitable, and more vibrant regenerative energy future.
The Eloncity model builds upon four key pillars:
1. Decentralized renewable energy technology architecture, which comprises
- Blockchain technology platform that provides an open secured and distributed ledger for efficient recording of energy transactions and the sources of electricity generation in the community, renewable or fossil-fuel;
- Crypto utility token (Eloncity Token or ECT) facilitates local energy exchange and incentivize investment in the battery energy storage system (BESS) for storing newly harvested renewable energy, as well as creating an open global marketplace that enables communities around the world to access advanced renewable energy products and services;
- Intelligent networked BESS harmonizes local electricity supply-demand and flattens intermittent renewable generations into predictable, reliable and dispatchable renewable resources;
- Customer-sited and community-based renewable energy generators, coupled with intelligent networked BESS, in-front-the-meter BESS and behind-the-meter BESS, fulfill all or nearly all the local energy demands;
- Community DC switching power network(s) eliminates the congestion on the last-mile networks and allow energy to flow from any party (or parties) to any other parties. The costly AC power ancillary services are no longer needed while the shared BESS makes 24x7 renewable energy reliable and cost-effective, and
- DC appliances enable the community to use the renewable powers more efficiently by mitigating losses from repeated AC-DC-AC conversions.
3. Combined performance-based projects with revolving loans create an effective strategy for mobilizing the private market capitals for wide-scale deployment of the Eloncity model.
4. Collaborative and equitable regulatory framework facilitates leveled-field markets to mitigate imbalanced market powers to unleash market innovations, protect the energy consumers, and support local economies.
Eloncity Roadmap
POMCube founded to develop battery energy storage system (BESS) for:
(a) optimizing local electricity supply and demands.
(b) enabling more usage of renewable energy.
1st BESS product, iCAN, commenced pilot production.
1st market testing of iCAN in North America.
Commercial launch 1st BESS product, user-friendly plug-n-play BESS for home markets.
Virtual Power Plant (VPP) based on intelligent BESS demonstrated.
iCAN mass market testing in North America.
Commercial launch 2nd BESS product, iCAN Light.
Commenced development off-grid markets (areas lack electricity grid).
Commenced development of BESS, NetZero, for off-grid applications.
NetZero field demo in actual off-grid areas.
NetZero successfully managed and optimized decentralized energy resources (i.e., grid power, solar PV power, gas generator, etc.)
ECT Token Sales Event.
Commence construction 1st energy self-sufficient campus based on NetZero technology.
First Eloncity microgrid (ECTP-enabled) proposed.
ECTP supports ArcBlock Open Chain Access Protocol.
Demonstration of ECTP-enabled DCbus prototype with 1500Vdc Endpoint and Scheduler.
AI-Algorithm for real-time energy price calculation.
Field pilot of 400 Vdc appliances.
Eloncity Energy Exchange and Smart Contract platform, Eloncity Token Mining Mechanism deployed on Cybermiles Plasma Layer.
ECTP Trading platform & DCbus debut.
Release Code for ECTP Trading platform and ECTP-enabled DCbus Scheduler.
Release specification & documentation for ECTP-enabled Dcbus.
ECTP-enable BESS supports Low-voltage H-Axis wind turbine.
Launch 1st & 2nd Eloncity microgrids based on ECTP platform.
1st & 2nd joint-development with local government on ECTP microgrid.
Field pilot 200 Vdc appliances.
Release Project Developer Guide for deployment of Eloncity microgrid.
BLSD hardware platform to be NRTL and FCS certified.
Release specification for Multi-Segment DCbus.
1st ECTP Conference in Cabo, Mexico
Field pilot of ECTP Platform supporting electric vehicle (EV)-to-grid applications.
Field deployed ECTP-enable BESS stored 1 Tetra * watt * hours of renewable energy.
100th developer / vendor supports ECTP.
Eloncity microgrid exchange energy with centralized AC grids.
Release proposed specification for 200 Vdc Outlet.
Field deployed ECTP-enable BESS stored 100 Tetra * watt * hours of renewable energy.
2nd ECTP Conference in Hangzhou, China.
ECTP-enabled EV released for mass production.
Launch 3rd & 4th Eloncity microgrids.
3rd & 4th joint-development with local government on Eloncity microgrid.
SAE J1772 adopts 200 Vdc proposal.
ECTP Standard widely-adopted.
Released Toolkits and Design Guides for ECTP-enabled products.
3rd ECTP Conference in Frankfurt, Germany.
ECTP-certified 1,000th developer/ vendor supports ECTP.
200V dc elected as proposed standard.
NFPA conducts safety test on 200 Vdc Connector.
ECTP Platform support inter-microgrids roaming EV charging.
Token Sale Dates
ICO
Token Allocation
Funding Details
Restrictions
China, United States
Token distribution
32% - Token Sold
32% - Mining for Stored Renewables
14.5% - Eloncity Lab
14% - Marketing
7.5% - Team
Token Price and Payment Options
Project team
Advisors
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