Electrify.Asia ICO review, all information about token sale Electrify.Asia (ELEC) | ICORating
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Electrify.Asia

Energy & Utilities

Overview

Electrify plans to develop a decentralised energy marketplace that runs on the blockchain. The marketplace will allow anyone to source for energy from commercial energy suppliers or to buy directly from a private producer via ELECTRIFY’s peer-to-peer  trading platform "Synergy".

Features

The ELECTRIFY’s price-discovery and intelligence platforms offer consumers more choices while providing energy providers with data-driven analytics on customers usage patterns.

    The ELECTRIFY platform will be enhanced with Synergy, a peer-to-peer energy trading platform through the use of smart contract.

   The ELECTRIFY will leverage blockchain technology to facilitate the transition from a marketplace into a decentralized energy exchange.

   The development of the ELECTRIFY ecosystem will be timely in the second half of 2018, where it will undergo a significant proof of concept.

   Energy consumers will also be able to subscribe to ELECTRIFY’s intelligent switching service that will employ artificial intelligence to recommend the suitable energy plan and provider.

   The ELECTRIFY users can opt to authorize ELECTRIFY to automatically choice of energy supplier according to optimization preferences.

   The ELECTRIFY will develop an SDK layer for electricity retailers to develop and customize their own retail electricity plans that can be offered to consumers.

   The ELECTRIFY allows any individual or organization to set up a retailer business.

Crowdsale

Token Sale
ICO start date 22 Feb 2018
ICO end date 28 Feb 2018
ICO token supply 375,000,000
Hard cap size 30,000,000 USD (fiat)
Raised 30,000,000 USD
Legal
Country Limitations United States
Registration Country Singapore
Token details
Ticker ELEC
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

50% Token sale

18.4% Team and future team members (Vesting: 50% at each 6-month interval)

9.0% Advisors and Partners

18.5% Treasury and Community Development

4.1% Airdrop to the community

Funds allocation

52% Development, Technology, Research

19% - Stang

10% - Operations

10% - Business Development and Partnerships

9% - Legal and accounting

 

Ratings

Type of ratings
Rating
Status
Hype score
Medium
Active
Risk score
High
Active

Team members

Name
Position
Score
Social
BLOCKCHAIN SCALABILITY/ PAYMENT TECHNOLOGY
4
BUSINESS DEVELOPMENT
1
OPERATIONS
1
DEVELOPER
1
BUSINESS DEVELOPMENT
1
ENGAGEMENT
1
DEVELOPER
1
CEO
1
COO
1
BUSINESS DEVELOPMENT
1
SYSTEM ARCHITECTURE
1
CYBERSECURITY AND POWER SYSTEMS
1
JAPAN ENERGY MARKET, UTILITY SCALE SOLAR
1
GREATER CHINA, ML, AI, DATA SCIENCE, SOLAR STATISTICAL FORECASTING
1

Advisors

Name
Position
Score
Social
CRYPTOCURRENCY LEGAL ADVISOR
1

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Q1 2019 NA No NA NA

Exchanges

Exchange name
Country
Fiat money
Social
Hong Kong $
A-
NA m Kz
A-
Panama £ C$ $b
B+
NA NA
B+
Cayman Islands m
B-
NA £
B-
Thailand ฿
C+
Mongolia NA
C+

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info High
Electrify.Asia ICO Contacts
More on ICO

Trading

(ELEC)
$0.0032
0.02% 24H
ETH
return 0.26x
Start ICO 22 Feb 2018
End ICO 28 Feb 2018
Token ELEC
Price 1 ELEC = 0.08 USD
Product Type Marketplace
MVP Only design
KYC No
Registration Country Singapore
Country Limitations United States
Whitepaper View
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