Eloncity project: Cornerstone Investments

crypbtc (6)in #power • 6 years ago (edited)

Overview

ELONCITY program is a decentralized renewable power system that comprises of top performance block tech to allow tracking and allocation of power generations sources. The block platform proposes on establishing a community where individuals seeking power can improve their participation and sharing power resource. The plan is in line with ELONCITY project's plan of mitigating the hurdles that hinder the adoption of the decentralized renewable power sources within the power sector.

The ELONCITY is the answer which centralized the energy infrastructure of ours into millions of small independent grids. This is sound good, right? Not only that it will interest you to understand that, via ELONCITY, but locally developed power is also being developed all day and straightly competitive utilities. Power expense is now capable to become clear to everyone. Individuals are capable of using ELONCITY’s open advanced techs to develop energy particularly free so that people are capable of electrifying the planet with super clean power. This is truly unprecedented and exceptional.

Who is a cornerstone investor?

A cornerstone investor, usually a company in a respective field, who takes a significant portion of a fundraising phase. This depends of the project phase, meaning in a public phase, their percentage might be relatively lower while in the angel investing period, it might be significantly higher. A cornerstone investor has experience and expertise in the field the project is venturing to, so their investment kind of like offers credibility to the project, and can validate it to the public. In addition, they have deep insight into the project team, or the marketing opportunity or even the product being developed. So much like, the name suggests, a cornerstone investor is a very important part of a project. To some extent, the success of a project depends on them, since they add popularity to the project by backing it. Lack of a cornerstone investor in a particularly technical project might play down the project’s appeal.

Cornerstone Investments With Eloncity

1)Krypital Group

A leading marketing firm in the comprehensive Blockchain marketing services to clients around the world. Krypital is the main collaboration partner of the Eloncity project and also a major investor. Krypital has a great history in launching highly successful cryptography projects. As an OIC came into being in partnership with the Krypital Group, being completely exhausted within minutes. Most consultancy services can be carried out at the end of the ICO. But a specialty of the Krypital Group is that they are a premium service for the project to be established as a globally recognized product or service. In fact, Eloncity had a perfect decision when selecting Krypital as a blockchain consulting service.

Clients: Cybermiles, ArcBlock, Merculet, Egretia

2) Ceyuan Ventures

Ceyuan is a Beijing based venture capital investment group that aims to advance math and science based technologies, and help entrepreneurs build world class enterprises. #Blockchain #ECT

Ceyuan Ventures is an early-stage venture capital company based in Beijing, focused on IT companies and emerging growth. We emphasize support for large teams, technology and innovation in business. Our mission is to help entrepreneurs create and build world-class business. Our conviction, network of relationships and grassroots culture gives us the opportunity to discover the next big idea early.

Despite the venture capital companies mentioned above, Eloncity has received significant investments from Interblock Capital, Fly Fund, Qingzheng Capital, Decentrust Capital, Powerlink Labs and there is certainly more to come.

3) GVC.PE, Founded in February 2018, GVC.Pe is a global blockchain investment bank. As such, some of GVC.PE’s investment portfolios cover many countries from Silicon Valley to Japan to Korea among others. Some of the projects they have invested in include: Dfinity, Coinbene, Particl, Raiblocks, Decred and Waykichain.

3) OK Capital

It is a global pool of digital assets with extensive experience in blockchain technology. They have a team of international professionals with experience in technology. OK Capital offers fully integrated blockchain services for extraordinary projects in a variety of ways, such as blockchain consulting, technology support, equity investments, etc. The OK Group invested more than $ 100 million to create a start-up fund and is a key investor in the Eloncity project.

5) Decentrust Capital. Decentrust is primarily focused on the long-term development of innovative projects, including, but not limited to, Fusion, Cybermiles, Arcblock, Vechain, and Qtum. #Eloncity #Blockchain

6) Qingzheng Capital. We look forward to utilizing your 5+ years of experience in blockchain venture capital funding. Qingzheng is a prominent investor in news, digital asset trading platforms, IoT, and app development. #Eloncity #blockchain #ECT

7) JRR Crypto

An innovative venture capital fund, seeking to decentralize the venture capital world, and unseat the legacy banking institutions.
The portfolio of this company comprises some of the top blockchain projects in the space such as Quarkchain, SAP, Binance, Multivac, Merculet, Distributed Credit Chain, Worldwide Assets Exchange and now Eloncity.

8) Fly Fund, a joint investment venture between Dalin Group and Juntian Investment Co. We are excited to utilize Fly Fund's resources and experience in the South American energy sector. #ELONCITY #Blockchain #ECT

9) investor Interblock Capital, a Canadian encrypted currency and certificate investment fund that focuses on blockchain venture investments, resource and information exchanges, and consulting services. #ELONCITY #Blockchain

Eloncity project is a very reliable project with a great concept. There are many benefits to the world from different aspects of this project. It is an environmentally friendly, low-cost, high-yielding project to deal with many of the world's energy problems at the moment. To be able to see and confirm these core investments by reputable companies in the industry that have identified Eloncity's potential for this project.

Token Allocation:

• Total volume: 1 Billion ECT token Finite number of ECT made (No Inflation)
• Max number of ECT token for allocation: 32 Percent
• Team: 7.5 percent
• ELONCITY project Lab: 15.5 percent
• Marketing: 14 percent
• Mining for stored renewable: 32 percent
• Hard cap: 33,000,000 USD
• Soft cap: 10,000,000 USD

Private Allocation: 19,000,000 USD (open)

• Vesting term: nine months locking place with 10 percent of ECT token released at the similar time as the main ECT token sale releases 6 weeks right after the end of the main allocation. After that, 10 percent token released each month in nine regular stages.

• One USD = 9.8 ECT tokens (only BTC and ETH have accepted Money, the amount will be pegged to USD listed on the Coin market cap on the time of participation. This starts from 200,000 USD and maxed out at 600,000 USD, 15 percent off discount applied).

• Public contribution: 8,000,000 USD
• Cornerstone contribution: 6,000,000 USD

For More Information Visit :

Krypital Bounty Group:https://t.me/KrypitalBounty

Eloncity Group: https://t.me/Eloncity

Krypital News: https://t.me/KrypitalNews

Official website: https://eloncity.io/

Twitter: https://twitter.com/Eloncity_io

Facebook: https://www.facebook.com/Eloncity-229599404279234/

Reddit: https://www.reddit.com/r/Eloncity/

Instagram: https://www.instagram.com/eloncity_io/

LinkedIn: https://www.linkedin.com/company/eloncity/

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