Eloncity decentralizes our power infrastructure into millions of self sufficient microgrids.
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.
Environmental and Public Health Problems, California October 23, 2015 – The underground natural gas storage located in Aliso Canyon (Los Angeles) had a massive leak.
Safety and Reliability Problems, California September 8, 2011 – A deficient equipment maintenance procedure at a transmission switch station in Yuma, Arizona, initiated cascade grid power failures that left more than seven million residents without electricity, from San Diego County to western Arizona and Tijuana.
Adaptability and Resilience, Melbourne, January 28, 2018 – More than 10,000 homes in Australia’s second most populous state were stuck without power as a surge in power demands from the scorching heat wave overloaded the grid.
Unaffordable Electricity Cost, USA April 14, 2016 – According to a study by Groundswell, a nonprofit renewable energy advocacy group, the cost of electricity is increasingly burdensome for America’s working class.
With the challenges of natural disasters, population growth, and climate change, new approaches to energy production and distribution are needed. The solutions must warrant vibrant and sustained growth for all. AI Grid Foundation (Foundation) is a non-profit organization based in Singapore who advocates for employing decentralized renewable energy as a possible pathway to address the problematic centralized AC grids as mentioned above.
The Foundation has collaborated with global organizations and local communities to develop the Eloncity Model; a multifaceted solution that employs decentralized renewable energy resources to eradicate barriers to attain safe, healthy, vibrant and equitable energy future.
The proposed Eloncity Model integrates advanced technologies, best practices and lessons learned to create a scalable and replicable recipe for unleashing the potential of the community-based renewable microgrid to attain a more vibrant regenerative energy future. The Eloncity Model builds upon four key pillars:
Blockchain-based Trade System with AI algorithm
Blockchain based trade systems make energy trade transparent while AI algorithm finds fair market prices in real time as reference.
Smart Energy Storage Systems
Energy storage systems with IOT technologies balance the demands with supplies of locally produced renewable energy.
Switching DC Power Bus
The new last-mile network helps remove peak load permanently.
Direct Current Appliances
New appliances, driven directly by DC, eliminate the repetitive power conversion and improve the competitiveness of locally produced renewable energy.
Proof of Stored Power (PoSp)
New mining scheme makes ESS investment grade financial property.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public sale —
|0.12 USD||No||0.1 ETH - 3 ETH||Uncapped||8,000,000 USD|
Private sale —
28 Jun 00:00 UTC
|0.12 USD||No||0.1 ETH - 3 ETH||10,000,000 USD||19,000,000 USD|
POMCube founded to develop battery energy storage system (BESS) for:
iCAN mass market testing in North America.
Eloncity Energy Exchange and Smart Contract platform, Eloncity Token Mining Mechanism deployed on Cybermiles Plasma Layer.