SunMoney logo

SunMoney (SMT)

Status
ICO

SunMoney Solar Group (SSG) is a community-funded renewable energy company. SSG is aiming to build 30 MW of solar power capacity in Germany and Hungary in 2018 and intends to raise funds by means of ICO.

SunMoney White Paper WhitepaperSunMoney Onepager Onepager

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User Rating
Medium
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Ticker
SMT
Type
Utility-token
Token standard
ERC-20
FoundedUnited Arab Emirates, 2014
Registration countryUnited Arab Emirates
Registration year2014
Office addressCreative Tower, Fujairah, United Arab Emirates

What is SunMoney

SunMoney offers business packages, which will be available for purchase with SMT:

  • Solar packages include the exploitation rights for the SSG solar parks based on Watt output. All power plants come with 25 years warranty and the solar packages offer monthly profits for these 25 years.
  • Community packages function as a network/referral system and allow buyers to receive benefits of their packages as well as the benefits of their referred members.
  • SunMining packages allow buyers to earn money from the SunMoney cryptomine for 2 years. The cryptomine runs on solar energy.

Participants of the SMT ICO get discounts on the SSG business packages, if they pay with SMT, BTC or ETH. SSG intends to create a buy-back program, which will use 20% of its yearly profits or 3% of its yearly turnover (whichever is higher) to buy back and destroy SMT tokens.

 

SunMoney Roadmap

1
2013

First Company establishment of the SUNMONEY Group.

2
2013 Q4

First operational solar power plant.

3
2014-16

System development.

4
2016

Second and third company establishment of the SUNMONEY Group.

5
End of 2016

Pilot project.

6
2016 Q4

Soft Launch.

7
March, 2017

Full scale launch.

8
2017 Q4

New Solar Power Plants Operational.

9
2018 Q4

Financial Institute establishment and the launch of Investment Platform for 100K+ investors and 3rd party solar farms.

10
2018 - 2019

ICO Solar Power Plants installations and blockchain integration.

11
2019

IPO.

Token Sale Dates

Presale Period

Start date: Feb 01, 2018
End date: Mar 01, 2018

ICO

Start date: Mar 14, 2018
End date: Apr 15, 2018

Token Allocation

Presale Token Supply 1500000
Total Token Supply 4200000

Funding Details

Funds Raised (as of now) 4,000,000 USD

Token distribution


42% - ICO
15% - Private Sale
15% - Pre-ICO
10% - Team
10% - Long-term Reserve
5% - Mentors
3% - Bounty

Funds allocation


75% - Construction of new Solar Parks
10% - Operations
8% - Sales and Marketing
5% - Research and Development
2% - Legal and Compliance

Token Price and Payment Options

Token price USD 1 SMT = 5.3 USD
Token price ETH 1 Token = 0.006660 ETH
Accepted Currencies ETH, BTC

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