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CoinMarketCap.comSunContract's intention with the SNC token is to transform the energy market and highlight renewable energy sources towards a less carbon-dependent future. Their mission is to facilitate direct infrastructure that could promote continuity within the energy sector. With the utilization of the SNC token, SunContract envisions a future where decentralized energy creation is commonplace and clean energy is readily available. Their strategic goal is to establish a self-perpetuating renewable energy platform, extending its connections by engaging with centralized power stations. The SNC token and blockchain are seen by SunContract as a potential avenue for challenging conventional energy practices.
The SNC platform utilizes blockchain to introduce new trading possibilities and functions. It encourages the direct involvement of businesses and individuals in energy trading. While smart contracts are an integral component in managing matching and settlement duties, they also play a role in verifying user identities, thus giving shape to an apt exchange environment. Significant focus is placed on increasing interactions on its peer-to-peer system, thereby exemplifying the fundamental attributes of blockchain.
The SunContract platform utilizes the SMC token, and aligns it with market prices for the platform's services. Blockchain technology is used to maintain integrity in transactions. Each transaction receives a time-stamp for traceability purposes, facilitating clear interactions. The platform primarily employs blockchain.
SunContract, linked to its token SNC, aims to introduce certain updates within the energy sector. They intend to incorporate the P2P platform at a national level, a step that may impact the energy sector. Their roadmap outlines the prospective commercialization of the P2P platform to enhance trading volume, along with the introduction of specific services. SunContract is exploring various applications for their P2P energy trading platform, even contemplating its global usage. As a part of their functional structure, SunContract completed a token sale. They offer a viewpoint towards managing expenditures and introducing digital methods in the energy market, aiming to claim a moderate standing within the industry and establish relationships with different traders.
SunContract (SNC) emerged with a vision to rethink prevailing norms in the energy sector and catalyze the adoption of renewable energy means. Its operations ensue under the guidance of a diverse team deeply acquainted with decentralized energy market dynamics. The operational structure of the platform integrates team involvement by recognizing their contributions. In undertaking its core functions, SunContract benefits from the supportive role of developers, advisors, and contributors. The underlying aim of the platform revolves around amplifying the reach of renewable energy sources and fostering equitable rewards for producers. Token-based operations are how SunContract community members engage.
The SunContract platform uses the SNC token to set up a peer-to-peer network connecting energy producers and consumers, facilitating fluid transactions between these parties, while trimming down additional costs and minimizing the role of intermediaries. Empowered by the potential of smart contracts, the platform supports adaptability and traceability in energy trading. SunContract's key objectives revolve around fostering environmental efficiency in the energy sector and advocating for the use of renewable energy sources like hydro, wind, and solar power. The platform features a simple interface, a mobile app for managing the SunContract Energy Pool, and clear trading volume analysis to streamline the energy sector. Under the SunContract framework, tokens are assigned based on trading volume. In following the principles laid out by the European Commission's SETIS program, SunContract promotes renewable energy application and strives for reduced greenhouse gas emissions. SunContract, with its energy pool, enables energy traders to operate independently, while incentivizing energy production. The SNC token is used for trading energy on the platform, and new tokens can also be acquired via a referral scheme. The company's long-term goal is to incorporate demand response services and nurture an environment where individual efforts make a noticeable difference in the energy sector.
SunContract's SNC tokens function as the principal medium of exchange on this platform. The initial distribution phase saw a certain percentage of allocation purposed towards marketing and sales as well as operations. Early traders also had the opportunity to receive a bonus. SNC tokens are primarily available through token sales, offering the potential to be converted into traditional currencies such as Euros or Dollars. An initial phase was conducted with a specific objective in mind. The SNC tokens being issued have the function of paving the way for the introduction of additional tokens down the line.
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