Solarex - solar electricity from Africa
june 9,2018
Contents
- Introduction
- Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
- All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
- Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
- An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
- After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
- For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics. Today, the project I am going to present you is the Instant Assets Tokens, a better way for make property investment easier through the digitization of assets.
When you are investing, the goal is to put money to work today and allow it to increase 3x, 5x, or even 100x and more, so that the return you make is enough to cover the risk you take or taxes you pay. The same applies to real estate investment, however, there are some slight differences – it requires higher capital and it has less liquidity compared to fiat currency. Besides, there are always restrictions on foreign ownership, stringent financial regulations, and lack of transparency in the entire process that deter many potential investors.
- To date, almost everyone knows that Africa is a poor country. If you deal with this in more detail then you can understand that in Africa there is no stable electricity, the Internet and many other benefits. Many people who have already encountered similar problems try to overcome them for a long time, but this does not always work.
The Solarex project team claims that it will be able to solve a number of problems. This innovative platform opens up completely new opportunities, and also uses a radically new approach.
What does the project offer?
A stable source of electrical energy is the basic need of the modern world. It does not matter whether the country is successful or not. Solarex is the first project that is ready to offer cheap electricity for the poorly developed countries that are on the territory of Africa and the Middle East. The development of the innovative project was carried out with the help of blockchein technology, which allows to speed up the work and carry out control of each stage.
To date, many companies use fossil fuels, such as oil, to create electricity. As a result of its processing, the environment receives a lot of different emissions. Accordingly, this in the future can become a serious environmental problem. On the territory of Africa, there is completely no stable power supply and the Solarex platform is ready to completely remedy this fatal flaw. The main purpose of this platform is to generate electrical energy using special photovoltaic solar stations. In the future, the received electricity will be supplied to ordinary houses and enterprises.
What are the objectives of the team?
Basically the project is aimed at helping Africans get cheap electric energy. In addition, customers will be able to receive a variety of product packages in the future. This includes the access to the Solar package or the purchase through the lease of the Solar Package. According to many experts, such services will be very popular in Africa and the Middle East.
Also, one more goal that the team pursues can be attributed to the settlement of an emergency situation that is present all over the world. To provide a sustainable source of energy, such as photovoltaic plants, that can profit from the biological system of the territory in which it operates.
It is important to know! Relatively in a short period of time Solarex will be able to become the largest supplier of energy based on blockbuster. In Africa, which will offer electricity at an affordable price for everyone, setting a variety of goals depending on the needs of each country.
ICO details
Token: SRX
Platform: Ethereum
Standard: ERC20
Quantity: 2,400,000,000 SRX
Price: 1 SRX = 0.09 USD
Оплата:ETH, BTC, LTC
Soft cap: 5,000,000 USD
Hard cap: 120,000,000USD
Distribution of tokens
As part of the development of its platform, experts released their own tokens. Their distribution according to the technical documentation will occur as follows:
- 60% of the total amount collected will be spent on further development. This includes the acquisition of all necessary equipment and facilities.
- 20% of the amount will be allocated for marketing and trade.
- 20% of the amount is reserved and will continue to be spent on operation, security, and legal expenses.
Now you know where the specialists plan to spend the collected money. More detailed information on the distribution you can on the official website.
Main advantages
If you look at the project in more detail then you can see the following advantages :
- In the process of installing solar panels, specialists plan to use only the best technologies. This is what will ensure the good efficiency of solar energy in this region in the future.
- Africa is just a unique country in which the sun shines all year round. Accordingly, the platform will not have problems with insufficient generation of electrical energy. According to preliminary calculations, it became clear that the amount of generated electrical energy will be fully sufficient.
- In the process of buying equipment, plan to choose only solar panels from proven manufacturers. This allows to significantly extend the service life.
- The presence of an experienced team that quickly achieves the set goals.
- The cost of electricity will be low. Accordingly, this opens up new opportunities for many people.
As you can see, the list of advantages is really impressive. To learn more about them, go to the Solarex website.
The project team
The team of this project includes only experienced specialists who have considerable experience in this field. Specialists have already shown their professionalism not in words, but in deeds. The whole team was represented in the photo below:
As you can see, Solarex can really be considered an effective company. This platform is one of the few who want to solve global world problems. A useful idea is also capable of opening the doors to many investors. The success lies in the fact that a completely new approach will be used when installing solar cells. In general, an experienced team of developers can make a coup in the field of electricity supply in African countries.
Maybe just this, the reviews I made in terms of helping and telling everyone to, participate in the ICO or Bounty campaign they run today.
If there is any shortage in this review information, please forgive for your inconvenience in reading or searching for Information, but do not worry I have provided a link you can visit, to find out more about the solarex project, and surely you will get reliable Information from the team as well as the Founder of the solarex project.
All information in great detail you can find on the website of the project solarex There are also links to all social networks of the project, through which you can receive in detail and in time news and observe the process of development and establishment of the platform.
For more detailed acquaintance with the company, you can use the following links :
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