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Solarex (SRX)

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A3
  • A3: “A3” rating denotes expectations of low investment risk. The project capacity is considered strong. This capacity may, nevertheless, be more vulnerable to adverse business or economic conditions than is the case for higher ratings.
hypescale
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24h followers growth
31K
total followers
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2.1K
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Twitter
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Telegram
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Bitcointalk
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24h views growth
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Blockchain Powered Solar Energy Ecosystem Around one and a half billion people worldwide do not have access to electricity and over 3billion rely on primary biomass for cooking. This number excludes another billion that have no choice but to depend on fossil fuel electric generators for day to day electricity. Africa countries ranked in the top 10 of lowest access to electricity and over 90 percent of people in Africa Countries uses biomass for cooking or Electricity generators that burn fossil fuel. Indoor air pollution from carbon monoxide in stoves is a leading cause of adults and children mortality in developing countries, and this value is ahead of malaria and tuberculosis combined. In Nigeria, foraging energy supply has lead over 60million Nigerians to own fossil fuel generators spending more than N3.5billion annually on the generators. Millions of other residents at remote location are far from the reach of the grid. Lack of electricity is significant as it hamper economic growth and hurt investors’ confidence.
A3
  • A3: “A3” rating denotes expectations of low investment risk. The project capacity is considered strong. This capacity may, nevertheless, be more vulnerable to adverse business or economic conditions than is the case for higher ratings.
-0.1K
24h followers growth
31K
total followers
Facebook
+0.0K
24h followers growth
2.1K
total followers
Twitter
+-0.1K
24h followers growth
19.9K
total followers
Telegram
+0.0K
24h followers growth
0.0K
total followers
Bitcointalk
+0.0K
24h views growth
8.9K
total views
install widget
Token Solarex (SRX)
Country UK
Platform Ethereum
Accepting BTC, ETH, LTC, BTC, DOGE, XRP
Soft cap 5000000 USD
Hard cap 65000000 USD
Tokens issued
!
2,400,000,000 SRX
Tokens for sale 1,344,000,000 SRX
Tokens per ETH 0,0004
Restricted -
Private sale
no data
Pre sale
no data
Public sale
no data

Solarex ICO Project is an innovative, disruptive, decentralized, decarbonized, and democratized blockchain based solar energy ecosystem - An ecosystem that will offer cleaner and cheaper energy for all.
Our Vision
To become the largest blockchain based solar energy provider, most efficient and sustainable energy ecosystem, offering energy at an affordable price for all, setting a new standard for energy consumption and relentlessly, focusing on customer satisfaction. The target is to make Solarex Energy available across the globe, most especially in African markets with excellent service delivery.

Why Solarex is needed;
1.5 billion People across the globe lack ELECTRICITY supply, half of which live in AFRICA, (Daily Post Nigeria 2018).
Across 36 AFRICAN countries, just 4 in 10 enjoy a reliable supply of energy throughout the day; this means regular blackouts and vulnerable security (CNN 2016).
7 out of every 10 people DO NOT have access to electricity in Sub-Saharan Africa (washingtonpost, 2015)
The Problems Solarex Has Identified
•    An absence of grid power in remote and developed location.
•    Lack of safety and reliability.
•    Environmental and Public health; Major hazards from the polluting energy sources.
•    Lack of transparency and security in power transactions.
•    Adaptability and resilience; regular blackout from power failure.
•    Unaffordable energy cost.
•    Unnecessary loss of energy in a centralized grid during transmission.
•    Market entry barriers both as a producer and as a consumer (e.g. financing and Setup charges).
•    Poor capacity utilization in a critical plain area.
•    Energy thieves.
How Solarex will Address Problems
Solarex has come up with a unique solution and strategies to remedy the global mammoth energy crises. The Solarex Ecosystem which is design upon 8pillars, when fully implemented it will be 'ENERGY FOR ALL'
Blockchain and Smart contract application will eliminate the following problems;
•    Lack of transparency and security in power transactions.
•    Poor capacity utilization.
•    Fraudulent activities.
Peer 2 Peer Energy Trading will address the following problems in the current electricity network;
•    Unnecessary loss of energy in a centralized grid during transmission.
•    Poor Capacity utilization.
•    Adaptability and resilience.
•    Excessive load in a centralized system.
Smart Meter will address the following problems;
•    Energy theft – Smart meter will detect any bridge in the network.
•    Lack of transparency and security in energy transactions – Smart meter will give accurate energy consumption and users will be able to get a real-time report of their energy data.
•    Poor capacity utilization in a critical pain area – Smart meter will ensure the actual energy purchased is delivered to a consumer. Excess energy will be read by a smart meter and referred into the grid.
•    Adaptability and resilience – The Smart meter will be able to isolate a line in the grid that has a fault and allow the other part of the grid to function without fully disruption of energy supply to that network. Thereby avoiding a total and regular blackout.
AI and IOT will eliminate the following problems;
•    Unnecessary loss of energy in a centralized grid during transmission: The use of Artificial Intelligence (AI) in the Solarex ecosystem means the Solarex energy network will be very intelligent and be able to determine factors consumer consumption habit, consumers distant from nearest solar energy generating point. These data will be used by Solarex to deliver better services.
•    Poor capacity utilization in a critical plain area: The use of AI will ensure that the right amount of energy is delivered to the right consumer.
•    Adaptability and resilience; regular blackout from power failure: The IoT provides the intelligence for you to identify issues in real time, as the error occurs so the source can be located and resolved quickly.
Smart Microgrid will solve the following problems;
•    An absence of grid power in remote locations – Microgrid can be set up in any small settlements to take cake of energy distribution in a locality.
•    Safety and Reliability – Solarex Microgrid will be below ground in most cases and if a microgrid is down, it will not affect other microgrids unlike the centralized network.
•    Adaptability and resilience; regular blackout from power failure – Solarex microgrid will also contribute to solving this problem as Solarex grid is a smart one that will detect any problem and relay messages to an operator in Real-time. Each grid is a segment of its own and cannot affect operation in another grid.
•    Unnecessary loss of energy in a centralized grid during transmission – Solarex is using the latest technology and Solarex smart grid has inbuilt parameters to help curtail this problem.
Solarex Project financing options will solve the biggest problem –
Solarex will solve market entry barriers both as a producer and as a consumer (eg. financing and Setup charges). Resolving the problem of financing project will create room for wider adoption of Solarex ecosystem, thus more people, communities, villages and towns will have equal opportunity to access energy
Solar energy will to a large extent solve the problems below;
•    Environmental and public health; Major hazards from the polluting energy sources – Energy will be generated from the Sunlight, thereby eliminating the burning of fossil fuel or use of nuclear (Radioactive) elements to generate energy.
•    Access to energy in a remote location – There will be no need to transport energy over a long distance to a remote location.
•    Centralization problems – energy will be generated in a decentralized method and it will eliminate ineffectiveness of the centralized grid.
•    Unaffordable energy cost – solar energy is one of the cheapest forms of energy generation as such the problem of high cost of electricity will also be eliminated.
•    Energy theft – Solarex Ecosystem will eliminate energy thieves with the home-based energy generation will put an end to energy theft.

Token Solarex (SRX)
Country UK
Platform Ethereum
Accepting BTC, ETH, LTC, BTC, DOGE, XRP
Soft cap 5000000 USD
Hard cap 65000000 USD
Tokens issued
!
2,400,000,000 SRX
Tokens for sale 1,344,000,000 SRX
Tokens per ETH 0,0004
Restricted -
Project lifecycle
i
Very high risk zone. The project has not established a steady stream of revenues, while bearing investments costs. Breaking out of the death valley curve can be a turning point towards growing beyond the startup phase.

High risk zone. The project has passed the turning point at which it started to generate revenues, but has not yet reached breakeven.

Low risk zone. The project already maintains a steady stream of revenues with capability of self-financing.
Hi-Fi Prototype
very-high risk zone
high risk zone
low risk zone
Product lifecycle
i
Very high risk zone. Early stage of product definition based on expected requirements from potential customers. The product may be already designed “on paper”.

High risk zone. MVP is present, but it is always possible that something doesn't work well in any phase enough to back up into a prior phase – perhaps all the way back to conception or research.

Low risk zone. The product/service has at least passed “beta” stage and may be ready to be mass manufactured, maybe with insignificant revisions.
very-high risk zone
high risk zone
low risk zone
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