ELONCITY - Power the world virtually for free.
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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|KYC||KYC & Whitelist|
|Restricted Areas||China, United States|
Eloncity uses blockchain to record transactions in the community and establish an auditable record for tracking the sources of electricity generation in the community. A crypto utility token (Eloncity Token, ECT) facilitates local energy exchange and incentivizes investment in battery energy storage systems (BESS) for storing harvested renewable energy on the customer's property.
The Eloncity Foundation will collaborate with financial partners, government agencies, and other key stakeholders to establish revolving loans, which will help initiate the Eloncity project in communities lacking necessary funds.