REVIEW ICO Solarex - Blockchain Powered Solar Energy Ecosystem-HOT ICO 2018

let's read about Solarex here: https://www.solarex.io/blog

About Solarex
The Global energy demand has created a huge market which has seen countries requiring more energy to power their infrastructural developments and create an enabling economic growth over the past two decades. Solar power technology which has gained global acceptability has ultimately become the main driver in the energy market, with developed countries deploying its potential in boosting its renewable target.

The creation of blockchain technology has further accelerated solar energy penetration in the energy market. Speaking about blockchain and solar technology together is like a breath of fresh air for humanity. Technology itself empowers us to conduct business transactions efficiently and safely, build open and fair energy governance system, build network of reliable business partners and speed up welfare around Africa, which coincidentally has one of the poorest power generation records globally. In cryptocurrency space, the base technology has become a great enabler for many conventional businesses and energy is one of such space. But there is still a human factor, which may be the reason humanity fails blockchain revolution. Fraud, theft, phishing and even personal incaution pose a threat to the emergence of this new technological innovation. Over the years, there has been substantial improvement in security aspect of blockchain space. Now users are secured with the all-important technology solution.

While Solar power business is becoming a buzz words in these days across major countries in the world, very few understands the core issues of people. There are two key issues which are beyond other issues facing the nation. These are financing and reach. People need power for daily living, but they hardly can afford such big investment in the absence of a stable grid power. The other issue is to extend the reach in remote area in a structured manner which can be efficient yet simple for users and the business owners. For every business, it is Solarex (SRX) - new generation blockchain technology enabled Solar Power Solutions essential that investment and sales revenue must be protected from misuse. Here comes an innovative solution which is conceived in the business model of SOLAREX. This is a futuristic, technology enabled and secured framework of tomorrow’s solar global business with special focus on Africa, Asia and South America. The blockchain technology is adapted to much needed security around transaction and metering of solar power in decentralized mode. At the same time, funding is planned via launching of Solarex utility token to generate financing for leasing of Solar PV. This way, people can have access to clean and affordable power mostly opex model and pay for only units, they consume. Our integrated solution is going to begin a new era where everyone can access to energy in a secured manner.

What is the problem that needs to be solved?

Around 1.5 billion people worldwide do not have access to electricity and over 3 billion depend mainly on biomass for cooking. And Africa countries ranked in the top 10 of lowest access to electricity and world health records show that indoor air pollution from carbon monoxide from the cooking stove is a leading cause of death in developing countries, ahead of malaria and tuberculosis combined.

Considering Nigeria one of Africa largest countries, for example, foraging energy supply has led over 60million Nigerians to own small to medium powered generators with more than 3.5billion spent annually on generator maintenance.

The current problems can thus be itemized as follows:

-Very high cost of electricity which is exploitative.
-Erratic power supply due to grid instability
-Corruption across the power value chain
-Losses from the generation down to the distribution companies
-Alternative Power options cause Excessive CO emission which poses serious health and environmental problem
-Very low installed capacity
-Ineffective distribution of already low capacity
-Poor capacity utilization
-High deposit, setup, and equipment fees.
-The absence of grid power in remote locations
-Lack of transparency and security in power transactions
-Sabotage/destruction of Power installation facilities by vandals
-Lack of competition (barriers to entry are high with the complexity of regulation and costs of entry being the two main reasons for the monopolies operating in all major power markets in Africa)
-Lack of energy significantly hampers economic growth and hurts investors confidence.

Meet The Solution

Africa Energy profile shows low production and huge untapped potential, it is characterized by high rate of demand. The Africa continent has one of the highest levels of average annual solar radiation, 95% of the daily global sunshine which is above 6.5kWh/m2 falls on Africa during winter.

This being the case, Solarex ICO project tagged 'Solarex Powering Africa Project' is a blockchain powered solar energy solution. An innovative, disruptive, decentralized and democratized ecosystem that will release avalanches of solutions to all the problems listed above.

The innovative and disruptive “Powering Africa” project is set to create a clean and cheap solution to the huge energy demand problem in Africa. Solarex renewable energy solution is a solar energy solution and will unleash value from the unmet energy demand across Africa. The end product will see something which is technologically advanced, financially self-sustaining and assured value generation for long-term investment. The project will be driven by two powerful and exciting chain value fields: blockchain and renewable energy. The Solarex energy solution will be utilizing multiple sources including smart meters, inverters and solar PV panels. This measurable output is tokenized on the blockchain to create Solarex Utility Tokens. The Solarex Utility token will be for the transactions in the ecosystem for the purchase of energy and services. The company, which is already at the Pre-ICO stage, aims to raise $102million that will help actualize the “Powering Africa” Project.

ABOUT ROADMAP:
1
Q1 2017
Concept Formulated.
Market Feasibility Assessment .
2
Q2 2017
Research and Evaluation.
Data Analysis.
3
Q3 2017
Business Model Initiated.
Team Building Initiated.
4
Q4 2017
Website Development.
Technical Feasibility Assesment.
Marketing and HR.

5
Q1 2018
Solarex ICO Platform Launched.
Marketing Campaign.

6
Q2-Q3 2017
Solarex Pre -ICO.
Solarex ICO Public Events.
Team Inauguration Meeting.
7
Q3 2018
Solarex Farmland Acquisition Initiated.
Design And Manufacture of Products Commenced.
Solarex Application Development.
Solarex Blockchain Development.
Listing Of SRX Token In Exchange.
Wallet Development.
8
Q4 2018
First Batch of Solar Farm Equipment Arrives Nigeria.
The launch of Solarex Lease PV.
The launch of Solarex Outright Sale PV.
Solar farm Installation.
9
Q1 2019
Solar Farm Testing.
Smart Meter Testing.
Blockchain Integration With Solar Farm Testing.
Mobile App Testing.
10
Q2 2019
Solar Farm Launched.
Full Solarex Ecosystem on Pilot Testing in Nigeria.
Scaling of Solarex Operations.
Operation Licenses in Place.
Expand Product Marketing Team.

11
Q3 2019
2nd Solar Farms Launched With full Operational Ecosystem.

12
Q4 2019
More Solar Farms Launched With full Operational Ecosystems in Nigeria.

13
2020 - 2025 Q1 - Q4
Rapid Deployment/Expansion Across Africa, as Decided in the Operational Growth Management Plan.

ABOUT TOKEN INFO:

Token:SRX
Platform:Ethereum
Type:ERC20
PreICO price:1 SRX = 0.05 USD
Price in ICO:1 SRX = 0.06 USD
BONUS:
PreICO :20% Bonus.
Tokens for sale:1,800,000,000

ABOUT ICO :

*PREICO TIME
2018-05-15 - 2018-07-31
PreICO Price :1 SRX = 0.05 USD

*ICO TIME

2018-08-01 - 2018-09-30
Token SRX

Price :1 SRX = 0.06 USD
Bonus :Available
Platform: Ethereum
Accepting: BTC, ETH, LTC
Soft cap: 5,000,000 USD
Hard cap :120,000,000 USD
Country: UK
Whitelist/KYC: KYC
Restricted areas: USA

Summary
This is a ico that is highly rated on the ico review site, they have a strong team, clear and transparent project along with detailed roadmap. In my opinion, this is a ico worth the investment. , so invest immediately

more information:
website: https://solarex.io
blog:https://www.solarex.io/blog
Whitepaper: https://solarex.io/content/site/whitepaper.pdf
Facebook: https://www.facebook.com/solarexico/
Twitter: https://twitter.com/Solarex_ICO
Telegram : https://t.me/SolarexICO
LinkedIn: https://www.linkedin.com/groups/8657063

Profile : https://bitcointalk.org/index.php?action=profile;u=2005736;sa=summary

ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583