Hello, this time I will give an article discussing about crowdsale that is being held by SunMoney, in this article I will try to explain to you about what the purpose of this project according to the understanding that I get through the website, this article does not discuss about what is on the whitepaper but only limited to see the value for this crowdsale that has been provided by the existing listing ico website.
SunMoney Solar Group (SSG) is a community-funded
renewable energy company, established in 2013 with an investment of 2
million euros from private investors. With over 10,000 members in 28
countries, SSG owns / operates / has a solar power plant option with an
active capacity of 20 MW. To date, four solar power plants operate in Hungary and Germany. 2 is under construction. The other 10 are in the plan.
The Problem
Urges their time to meet the demand for exponential
growth in energy demand. According to preliminary calculations, in 20
years the use of electricity will be 2 times higher than at present. The complexity of developing and maintaining the operation of the
entire infrastructure requires a significant amount of funds, which
directly affects pricing, as a consequence – the increase in electricity
costs. According to estimates, in the next 15 years the cost of tariffs
will increase by 2.5 times. A small number of environmentally friendly methods for discharging
electricity. For example, to date, the share of solar power is only 1%.
Going forward, significant expansion is expected to reach 30% within the
next 20 years. Decision Every private and individual organization has an
opportunity to build their own business related to the production of
their energy source, which will then be exported to the public network.
The availability of adequate capital allows the realization of the
overall infrastructure based on the latest energy-saving developments.
SunMoney will implement its own projects in the industry. To add new capacity and grow its people, SSG plans to raise funds with Initial Coin Offering (ICO). SunMoney Solar Group aims to build 30 MW of solar power capacity in Germany and Hungary by 2018 with increased funding. SSG will also expand its investment platform to open services for third-party solar power plants.
About Ico
SunMoney Solar Group promises to implement a special
purchase program for TPS tokens, which plan to use 20% of annual profit
or 3% of annual turnover (whichever is higher) to redeem SMT tokens,
which will then be destroyed. The following benefits for TPS token
holders are planned: Discount ICO Special Participants will get a special discount for all business packages provided. IPO Priority When holding an IPO, SMT token holders will have priority access to buy shares. Commission After
launching SSG investment platform for investors (with amount more than
100 thousand euro), the owner of SMT token will be able to buy right of
income from function of investment platform. The received ink will be destroyed.
By participating in ICO TPS, you have the opportunity to invest in
renewable energy on any scale. Its breakthrough and promise is the
development and implementation of alternative and renewable sources of
electricity production. The greatest prevalence develops, using wind,
solar and geothermal energy. Suffice it to analyze this development in
order to conclude that the most universal technology is the use of solar
energy.
TOKEN DISTRIBUTION
• 15% - Closed Pre-Sale;
• 15% - Pre-ICO;
• 42% - ICO;
• 10% - Team;
• 5% - Counselors;
• 3% - Bounty;
• 10% - long-term reserves.
TEAM
Gabor Eisenbart Founder, Owner
Dr. Levente Tóth Owner
László Balogh CEO
Zoltán Rendes Global Marketing Director
Timur R. Magomedov Global Business Development Director
Péter Bahorecz Global Community Director
Tamas Szerémy IT Security and ICO Advisor
Bence Báthi
Digital Marketing Advisor, Brutal Media UK
Péter Tóth Energy Trading Advisor – CEO
of HUPX Hungarian Power Exchange,the Chairman of the Supervisory Board
of the Central Eastern European Gas Exchange(CEEGEX) and the chairman of
the Board of Directors of HUDEX Energy Exchange Ltd
Sergiy Yermilov
International Specialist in Energy Sector, Former Minister of Fuel and Energy of Ukraine
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