What is SunMoney?
SunMoney Solar Group (SSG) is a community-funded renewable energy company, established in 2013 with a 2 million euro investment from private investors. With more than 10 000 members in 28 countries, SSG owns/operates/owns options of solar power plants with an active capacity of 20 MW.To add new capacity and grow its community, SSG plans to raise funds by means of Initial Coin Offering (ICO). SunMoney Solar Group is aiming to build 30 MW of solar power capacity in Germany and Hungary in 2018 with the funds raised.
SSG will also to extend its investment platform to open service for 3rd party solar power plants.By participating in the SMT ICO, you have the opportunity to invest in renewable energy at any scale.SunMoney will raise funds by means of Initial Coin Offer (ICO).
Use SMTs (SunMoney Tokens): to buy discounted investment packages or rights to commissions, or sell it in SSG’s (SunMoney Solar Group’s) buyback program or on Crypto Trading Platforms Well established global group of companies with existing investment platform and solar power plants in the EU
International experienced management team and expert advisory team10.000 members in the worldwide community.
Pre-ICO Start DateFeb.1. 2018ICO Start DateMarch.15. 2018RoundsPrivate Sale, Pre-ICO, ICOToken SymbolSMTToken Pool Supply10.000.000Token Price150 SMT/ETHAccepted ContributionsBTC & ETHToken ProtocolETC, ERC20
A total of 10.000.000 SMT tokens will be issued on the Ethereum blockchain using a smart contract, of which 7.200.000 will be offered during the ICO process. SMT will comply with the ERC20 standard andwill be freely transferable on the Ethereum platform. SMT tokens do not indicate ownership of a company, SSG will not pay dividends and SSG owners will not earn any direct interest. The tokens value will reflect SunMoney Groups activity on the energy market. SunMoney Group undertakes to create a buy-back program for the SMT tokens in which SMG uses 20% of its yearly profits or 3% of its yearly turnover (whichever is higher) to buy back and destroy SMT tokens.
The Sunmoney Tokens’ profitability is based on the 2 core activities of the SUNMONEY SOLAR GROUP:
Solar Power Plant
All these activities guarantee the growth of the company and the dynamic growth of the value of the SUNMONEY Token. All these activities are backed by physical assets, which generate value every day.
SUNMONEY owns, installs and supports all its solar parks. New parks are built on a regular basis. All these power plants have long term contracts for selling electricity to public utilities and companies. The solar panels used in our parks are manufactured by the prestigious German company, Bauer Energiekonzepte GmbH and come with 25 years warranty. All the plants have insurance and are regularly audited. The exploitation rights of these plants based on Watt output are sold in packages to our members. The power plants are built at different geographic locations with different weather conditions to mitigate local risks and increase the average output of our solar parks. All the members buy the rights in this pool of solar power plants.
The two most popular business trends, renewable energy and cryptomining combined in a new package and service with all the network benefits. Members are now able to buy SunMining packages to earn money from the SunMoney cryptomine for 2 years. The SunMoney cryptomine is running on solar energy.
Community Building/Network Marketing
All the members joining the SUNMONEY community add to the value of the group. The ones who buy solar packages increase the total Watt output in the system. The members who buy community/ business packages help to grow the community and also add to the Watt output in the system. The key element of the network and referral system is that the members will enjoy the benefits of their packages and the benefits of their referred members’ packages for 25 years without having to buy another package.
The Expansion of the Platform
Currently the SSG’s investment platform is limited to investments below 100K euro. SSG is planning to expand its platform to receive investments above 100K euro. This platform will be complementary to our existing system. This platform will also welcome the owners of 3rd party solar power plants, who will be able to sell short and long term investments by the Watt on any scale.
All these solar power plants will be audited by independent auditors – PWC, Deloitte - and will be monitored by blockchain technology. Sellers will be able to realize short-, mid- and long term earnings immediately on their solar power plant projects to accelerate ROIs Buyers will be able to invest in renewable energy remotely for short-, mid- and long term earnings to realize profit without the initial investment of building a solar power plant.
SSG has an initial line up of 50 companies to use this new investment platform for selling investments. In the first year of operation of the new platform SSG expects 2000 solar power plants to be listed on it with 15,000 signed up investors. SSG will charge commissions on all 3rd party transactions. On the long run, SSG will broaden this investment platform to a 360º indexed trading platform for renewable energy All these activities guarantee the growth of the company and the dynamic growth of the value of the SunMoney Token.
We are in the process of integrating blockchain to Sunmoney’s Solar Account System and our payment system too. Also the new investment platform and the monitoring of all solar power plants will be based on blockchain and smart contracts to provide security and transparency.
Up-to-date Solar Farm production data will be stored in the blockchain to guarantee transparent production information both for partners and investors. All existing Solar Farms are outfitted with a sophisticated real-time monitoring unit which provides all necessary technical and production data to SunMoney’s operation center. This data will be stored directly in the blockchain, guaranteeing both partners and investors unmatched insight both into operations and financial insights.
SunMoney plans to offer access to its investment community and energy trading partners to third party Solar Farm owners and operators. These third-party capacities will enter SunMoney’s energyand financial settlement network via smart contracts on the Ethereum blockchain. Financial settlement will be automatic, secure and transparent to third party operators and investors both.
- Solar energy industry is rapidly growing field of business and has room for crowd-investment ventures
- Team has good advisory networks on the relevant fields of business
- The project is a member of a couple of relevant international development organizations that can boost the progress
- Long track-record and readily established solar energy production units
- Justifications for the good looking financial predictions could be more extensive
- Roadmap does not reveal longer term focus after 2019
- GitHub content is not yet public for technical review