Solarex
Solarex Powering Africa Project
Be a part of an inovative, desruptive, decentralised, decarbonised, and democratised blockchain based solar energy ecosystem
Our Vision
To become the largest blockchain based, most efficient and sustainable energy provider, offering energy at an affordable price for all, setting a new standard for energy consumption and relentlessly, focusing on customer satisfaction.
The Problems
One and a half billion people worldwide still do not have access to electricity. And 3 billion rely on biomass for cooking. Africa is ranked in the top 10 continents with lowest access to electricity. Indoor air polution from carbon monoxide in open stoves is the leading cause of mortality in developing countries ahead of malaria and tuberculosis both put together. Solarex has identified the folowing problems in the energy industry;
Absence of grid power in remote locations.
Lack of safety and reliability.
Lack of transparency and security in power transactions.
Environmental and Public health; Major hazards from the polluting energy sources.
Adaptability and resilience; regular blackout from power failure.
Unaffordable energy cost.
Unnecessary loss of energy in a centralised grid during transmission.
Market entry barriers both as a producer and as a consumer (eg, financing and Setup charges).
Poor capacity utilisation in a critical plain area.
Blockchain and Smart Contract
The blockchain technology integration allows the ecosystem to perform transactions and read energy data into a distributed ledger. It gives a transparent, secure and accurate accounting of transactions and energy data. The use of smart contract and blockchain will directly and automatically control data flow and energy storage in the Solarex Ecosystem. The use of smart contract will also ensure the balance of activities in the ecosystem. The proof of ownership is at the very centre of fraud related cases and Solarex implementation of blockchain technology will completely eliminate fraudulent activities in the ecosystem. Blockchain and Smart contract application will eliminate the following problems;
Lack of transparency and security in power transactions.
Poor capacity utilisation.
Fraudulent activities.
Solarex SRX TOKEN USAGE
Topup Payment
Solarex Utility Token will be the main currency that will be used to Purchase Energy from Solarex Ecosystem.
Transaction Payment
Buying and Selling on the p2p energy marketplace will only be possible with Solarex Utility Token.
Product Discount
When a user purchases product in the Solarex ecosystem and pays with Solarex Utility Token, the user gets a special product discount that will be paid in Solarex Token.
Cross Border Payment
Solarex Utility Token will allow customers to access the Solarex ecosystem irrespective of their location world wide
Incentive Payment
Solarex Utility Token will be used to pay incentive to staff and customers and the beneficiaries can use the received tokens in any form they choose.
Referral Payment
Users will receive referral tokens when they introduce new user to any of the Solarex platform or signup for Solarex products.
Loan Repayment
Users who are on lease plan or those whose project were financed will be able able to do repayment with Solarex Utility Tokens.
Project Financing
The project financing platform will accept Solarex Utility Tokens as a means of funding a project on the platform.
Community Development
In a way of giving back to the community, Solarex will from time to time award token to selected community in it's operating zone.
Token Name: Solarex Utility Token
Token Symbol: SRX
Platform: Ethereum
Type: ERC20
Total Supply: 2,400,000,000
Token Price: $0.05
Amount to be sold: 1,344,000,000
Soft Cap: $5,000,000
Hard Cap: $65,000,000
Road Map
2017 Q1 - Q4
Concept
Concept Formulation
Market Research
Business Model Initiated
Team Building
Technical Feasibility Assessment
2018 Q1 - Q2
Research
Whitepaper Writing
Marketing Campaign
PreICO Initiated
PreICO Suspended
2018 Q3
Updates
Introduction of Top-rated Advisors
Product Review and Updates
Community Building
Whitepaper Updates
PFP Demo Development
2018 Q4
Private Sale
Whitepaper Updated and Published
ICO Website Redesign and Published
Private Sale
MVP Development Commences
Exchange Listing Negotiation
2019 Q1
Token Sale & Listing
P2P Energy Trading MVP Launched
PreSale
ICO (Stage1 - Stage3)
Partnership Development
Token Listed in Exchanges
PFP Plateform Development
Mobile Application Development
Solarex Energy Website Development
2019 Q2
infrastructure Development
Acquisition of Farmland for Solarfarm
Application for IPP License
Design and Manufacture of Soolarex Products
Solar Farm Equipment Arrives in Nigeria
2019 Q3
Product Launching
Solarex Lease PV goes Live
Solarex Outright Sale PV goes Live
Installagion of Solar Farm
Solar Farm Testing
Smart Meter testing
Blockchain Integration
Smart Microgrid Testing
2019 Q4
Ecosystem
Launching of Solar Farm
Complete Ecosystem Pilot Test in Nigeria
Marketing Team Expansion
Solarex Energy Goes Live
P2p Energy Trading Platform Goes Live
2020 Q1
Marketing
Launching of More Ecosystem
Expansion of Marketing Team
Collaboration With Nigeria Government
2020 Q2 - Q4
Market Expansion
Market Expansion All Over Nigeria
Rual and Urban Penetration
Solarex Penetration in Ghana, South Africa,
Republic of Benin, Gambia, Togo, Pakistan, and Nepal Commences
2021 - 2025
More Operational
Rapid Deployment and Expansion
Deployment and Expansion through out Africa
Deployment In Asia
Deployment In North America
Global Deployment
THE PROJECT TEAM
THE ADVISORY BOARD
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