 | The Sun Exchange (SUNEX)ICO The Sun Exchange is a marketplace where person can purchase and then lease solar cells to power businesses and communities in the sunniest locations on earth. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is The Sun Exchange
SUNEX is stakeable into a solar project insurance fund for emerging markets & unlocks bonuses, discounts and priority access on www.thesunexchange.com, the global solar panel sharing market place.
Sun Exchange is pre-selling the SUNEX token to:
- Expand the SUNEX team, further develop tech infrastructure and boost global operational scalability;
- Seed the world's first dedicated insurance fund for solar projects in emerging markets;
- Expand the SUNEX subscriber base and brand presence;
- Establish a third regional hub outside of Cape Town and Dubai;
- Pre-finance (pre-build) a set of SUNEX PV rooftop projects for premium crowd-refinancing; and
- Execute pilot projects with rural cellular towers, mega crypto-mining rigs, rural and peri-urban village micro-grids, and cold storage/pack houses for small holder farming co-operatives.
DetailsPre-sales: Apr 01, 2018 - Apr 30, 2018Public sales: May 01, 2018 - Dec 31, 2018 Token supply: 166,666,667 Soft cap: 25,000,000 USD(fiat) Hard cap: 25,000,000 USD(fiat) LegalRegistration country: Malta | Token infoTicker: SUNEXType: Utility-token Accepted currencies: USD BTC ETH Bonus program: Private pre-sale with a 40% bonus until Public Pre-sale begins. Public Pre-sale: Starting April 2018, SUNEX tokens purchased during the pre-sale will include a 15 percent bonus. Public Sale: June 2018, on the first day of the Public Sale a 10 percent bonus will apply and drop by 1 percent every 2 days until it reaches 0. All of the above bonuses will end when all tokens available for bonuses (10 percent of total token sales tokens allocated during the sale) are attributed to token purchases. Token distribution: 50% - Token holders 37.5% - Reserve 12.5% - Management Team and Staff Funds allocation: 14% - Sun Exchange business development 20% - Solar project insurance fund 26% - Solar project pre-financing 4% - Token sale expenses 30% - Estimated taxes 6% - Rural infrastructure projects |
The Sun Exchange Roadmap
Joined Microsoft Bizspark, Founder Quit Job, Raised Funds.
Abraham Cambridge pitched solar powered money to a panel of judges and was accepted into Microsoft Bizsparks Cape Town business incubator. Abraham soon quit his prestigious solar engineering job to build the business full time. Sun Exchange then smashed it on Indiegogo, with over 100 enthusiastic backers in 30 nations contributing 1.5x the funding target.
Pre-seed financing raised via Indiegogo
The Stellenbosch Waldorf School solar project (project #1) becomes the world's first cryptocurrency infrastructure financing.
Boost VC pre-seed investment, affiliation with SolarCoin Foundation.
KAL Tire (previously "Tire Corp.", project #2) completed.
A Successful Business: More Solar Projects Funded.
Sun Exchange account holders grew to 3000, and the pipeline of viable projects expanded, with requests coming from around the world. Sun Exchange announced two new opportunities: a rural micro-grid in Lesotho, and an elephant sanctuary in South Africa. Over 15,000 solar cells were sold to power the Knysna Elephant Park, and construction commenced
C.R.O.W. (project #3 completed).
Knysna Elephant Park (project #4) completed.
Techstars incubation and pre-seed investment.
First phase of Project Proxima, the rebuild of the company's MVP, released.
Sun Exchange launches their token sale
Project team
Advisors
Social media
