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Eloncity

Power the World 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.

3.6
2 1 expert rating
Benchy 3.4
Experts
4.0
5.0
3.0
View rating distribution
Unknown
Token
ECT
Price
1 ECT = 0.12 USD
Bounty
Platform
Accepting
ETH, BTC
Soft cap
10000000 USD
Hard cap
33000000 USD
Country
USA
Whitelist/KYC
KYC & Whitelist
Restricted areas
China, United States
More on ICO
Report

About Eloncity

Our modern life depends on the vast electric grids to power everything from light bulbs to mass transit subways. Despite tremendous strides in technological innovation, the existing grid is largely built on an aging design. This design is essentially a centralized grid architecture based on large power generation plants in remote locations that are connected to the customer sites through a complex labyrinth of transmission and distribution (T&D) network. The coordination of electricity production in alternating current (AC) combined with delivery through the complex T&D network is managed by regional system operators or independent system operators (ISOs). The ISOs must balance not only the electricity production and consumption in real time, but also ensure the electricity produced remotely is transported to customer sites without running into congestions on the vast T&D network. While the current electric power grids are a marvel of engineering feats, this enormously complex centralized power grid design is showing its age. Today’s centralized power grids face significant challenges in providing safe, reliable, secure, and affordable energy services.

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