Electrify.Asia ICO (ELEC)

Be the Power


ELECTRIFY plans to develop a decentralised energy marketplace that runs on the blockchain. As an improvement from the existing marketplace business in Singapore, the new MARKETPLACE 2.0 will allow anyone to source for energy from commercial energy suppliers or to buy directly from a private producer via ELECTRIFY’s peer-to-peer (P2P) trading platform, SYNERGY.

Cryptocurrency Energy Platform Smart Contract
3.7

by expert rating and reviews


3.3
ICO PROFILE
5.0
TEAM
4.5
VISION
4.0
PRODUCT
Ended
Token ELEC
Platform Ethereum
Country Singapore
ICO Start Date 13 Feb 2018
ICO End Date 01 Mar 2018

About Electrify.Asia

60% of the world’s population lives in Asia and almost half of this population live in cities; and they’re all connected to central power grids. Japan liberalised its power grid in 2016, China has done so in parts and Singapore will be the first in Southeast-Asia. As more countries liberalise their electricity markets, consumers will get greater choice in choosing their electricity retailers and the way they want to consume energy. 

In these liberalised environments consumers still consume power from centralised grids managed by corporatised grid operators. There’s also fast growing demand for alternative energy resources like like solar panels, biomass and wind.

However centralised electricity systems are lagging in innovations and alternatives. Solutions like renewable energy and peer-to-peer energy trading are still not prevalent. Without access to alternatives, consumers are not getting the choices they deserve.

ELECTRIFY will enable the decentralisation of power production and bring the power of choice to the consumer. We aim to build a better electricity network, and it starts with an intelligent energy ecosystem.

At the heart of this new ecosystem will be energy smart contracts secured on the blockchain, fueled by the ELEC token.

Team

Julius Tan member of Electrify.Asia ICO
Julius Tan
CEO
Martin Lim member of Electrify.Asia ICO
Martin Lim
COO
Alexia Lee member of Electrify.Asia ICO
Alexia Lee
OPERATIONS
John Lian member of Electrify.Asia ICO
John Lian
DEVELOPER
Elen Cheran member of Electrify.Asia ICO
Elen Cheran
BUSINESS DEVELOPMENT
Mohan Raj member of Electrify.Asia ICO
Mohan Raj
BUSINESS DEVELOPMENT
Chan Chea Hang member of Electrify.Asia ICO
Chan Chea Hang
DEVELOPER
Adrian Lam member of Electrify.Asia ICO
Adrian Lam
BUSINESS DEVELOPMENT
Harry Choong member of Electrify.Asia ICO
Harry Choong
ENGAGEMENT

Milestones

  • 1

    MAR 2017

    LAUNCHED ELECTRIFY.SG

  • 2

    OCT 2017

    TRANSACTION VOLUME > S$5M

  • 3

    JAN 2018

    ELEC TOKEN WHITELIST PERIOD

  • 4

    FEB 2018

    ELEC TOKEN MAIN SALE

  • 5

    Q3 2018

    BETA LAUNCH ELECTRIFY MARKETPLACE 2.0 & eWALLET

  • 6

    Q4 2018

    BETA LAUNCH SYNERGY&POWERPOD

  • 7

    Q4 2018

    EXPANSION INTO JAPAN

  • 8

    2019

    EXPANSION INTO THE PHILIPPINES, AUSTRALIA

Financial

Token Sale Info
Token ELEC
Token Type ERC20
Platform Ethereum
Tokens for Sale 375000000
Investment info
Accepting ETH
Distributed in ICO 50%
Hard cap 30,000,000 USD

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