Yet another successful year in operation
for SunContract — the first crypto-funded P2P energy-trading company
We cannot believe it’s already been one year since we successfully concluded our token sale. Although the SunContract team was founded 6 years ago in January 2012, our activities went into full swing more recently:
📍January 2012: SunContract company is founded
📍October 2015: First version of SunContract White Paper is presented to interested parties — the business idea is then refurbished many times;
📍August 2016: The SunContract trademark is officially registered;
📍 August 2017: SunContract project is successfully funded;
📍April 2018: SunContract becomes the first open P2P energy trading platform supported with blockchain that is generating revenue.
Since the completion of the first ever energy-trading token sale in history, we have developed and commercially deployed the SunContract platform — an incredible milestone for us. We have you to thank for making this possible and we will be giving back in coming days and weeks. Stay tuned.
For now, here’s a recap of the year that was:
Q2 2017: SunContract Token Sale Opens
Excited to support the first ever blockchain based energy-trading token sale, multitudes of buyers join forces in June 2017, contributing towards the SunContract project.
Our token sale also gives birth to the SunContract crypto community– an assembly of enthusiasts who have proven to be very loyal to the project, some going on to form the first customer base of our business after we launched.
Today, we not only celebrate a successful year, … we also celebrate our community of diehard SunLovers!
Q2 2017: SunContract gets listed on HitBTC
HitBTC is a top Europe-based cryptocurrencies (C2C) trading platform that offers high liquidity in the market. It is easy to use for new traders and also offers a robust tool set for advanced traders.
Q3 2017: SunContract Token Sale Closes Raising $2,000,000 USD
With the project now materialized through the successful completion of the token sale, the SunContract team gets straight to work on all fronts — platform development, legal and marketing fronts, business development, you name it.
Q4 2017: SunContract partners with SONCE energija
SONCE is an energy aggregator in Slovenia that is acting as the balance group responsible party that all of SunContract’s customers belong to. By partnering with SONCE, SunContract comes one step closer to realising its goal of blockchain based, peer-to-peer energy-trading.
Q4 2017: SONCE energija obtains EIC Code
SONCE energija obtains an important legal instrument known as the EIC code. The EIC code is necessary to be able to offer peer-to-peer energy trading in Slovenia. SunContract is now able to start its testing of blockchain-backed P2P trading of energy.
Q4 2017: SunContract partners with SolarPower Europe
The SunContract team attends the Digital Solar and Storage event where they acquire membership of SolarPower Europe. This makes the project a beneficiary of a very strong support system since SolarPower Europe strives to represent organisations whose aim is to shape the regulatory environment and enhance business opportunities for solar power in Europe.
Q4 2017: SunContract becomes a member of Infrachain
Infrachain closes the gap between the maturing blockchain technologies and the regulatory and legal requirements and acts as SunContract’s trusted verifier.
Q4 2017: Pioneers program for early SunContract Adopters is Launched
The Pioneers program for early SunContract adopters is launched. By Q1 2018, 976 community members — majority of whom are Slovenian, become pioneers — creating SunContract’s first customer base in anticipation for the launch of the platform.
Q1 2018: SunContract Pleased with Platform Testing Phase
First stage of the platform is successfully launched on 1 January, 2018. Limited users are able to see first transactions on the blockchain and first settlements. With launch of the platform around the corner, platform testing phase is determined to be successful. We witness demand for our product and we have many early-bird customers. Power unit investments using the SunContract token are also in full swing at this time — majority of the orders coming from the SunContract community.
Q1 2018: SunContract listed on world’s TOP 5 crypto exchanges
SunContract token SNC is listed on some of the most prestigious cryptocurrency exchanges in the world. Among them are OKEx, Huobi as well as Kucoin. OKEx and Huobi are global leaders when it comes to trading volume, transacting billions of dollars daily.
Q2 2018: SunContract Platform Officially Launched!
In celebration of the passing of the testing phase, the team hosts the SunContract Launch event at the Rikli Balance Hotel in Bled, Slovenia on April 13, 2018. The launch of stage 2 of the SunContract platform is set to revolutionize the way energy is traded and for the first time in history, individuals can now freely buy & sell electricity with each other in an open, public marketplace, using blockchain technology.
10 new partnerships are also confirmed at the SunContract Platform launch.
Q2 2018: SunContract signs partnership with Microsoft
We enter a strategic partnership with Microsoft that aims to leverage their technology to optimise dev work — reducing development time from months to days. Cooperation on the AI front is also discussed and agreed upon by both parties.
Q2 2018: Businesses sign up on the SunContract Platform
Registration for businesses is officially available on the platform. Businesses sign up and are set to join the P2P trading pool in January 2019. This is because most businesses sign annual contracts and are therefore bound by their existing contract until year’s end.
Q2 2018: SunContract becomes a member of the European Blockchain Hub
SunContract CEO is a board of the board of directors at the European Blockchain Hub whose aim is to bring together various stakeholders who will facilitate the development of blockchain technology and start-ups which will be based on European values and principles of good corporate governance. Members of the hub include: Government of the Republic of Slovenia, Consensys, Digital Innovation Hub, Blockchain Alliance Europe, Kenup Foundation, Adriatic Council, COTRUGLI Business School, Institute for Superior Digital Technology, Blockchain Lab: UM and others.
Q2 2018: Promising meetings with partners
SunContract team makes significant breakthroughs while attending various conferences including the United Nations’ High-Level Political Forum 2018 Event. Here we meet prospective partners who will help us penetrate the untapped African market. We also have had meetings in South America as well as here at home, within the European Union, that prove to be very promising for the expansion of our project. Follow up meetings have been scheduled and we are unable at this time to disclose any more information.
Q3 2018: Stage 2 iOS and Android Mobile apps are completed
The SunContract dev team achieves yet another milestone, completing the development of both iOS and Android mobile apps. By doing so, all necessary customer data is conveniently available to our users — right in the palm of their hand.
Q3 2018: Fiat Gateway integrated on the platform
The SEPA fiat gateway is integrated on the platform making it possible for regular civilians to take advantage of the benefits of the SunContract platform without needing to have crypto knowledge. The fiat gateway is a significant milestone for the team and platform users as it also strives to protect users of the platform from crypto volatility making for a better customer experience.
Q3 2018: SNC token listed on Next.Exchange:
This is an important milestone for the SunContract team as it means that people can now buy or sell SNC directly with real USD or EUR which means SNC is no longer dependent on ETH or BTC. Trading of the SNC token on Next.Exchange is officially live. Trading pairs include: BTC, ETH, USD, EUR.
Needless to say, it’s been a very busy year for the SunContract team — our busiest year in fact. While it’s important to look back and see where we are coming from, we understand that it is even more important to pay attention to where we are today and where we want to go from here. In terms of potential, this is only the tip of the ice berg for us.
Not on the platform yet? Register today and join us in the quest for a globally Open Energy Market
Chat with the team on Telegram where we are always active. We are also on Twitter, Reddit, Facebook and LinkedIn. SNC token is available on the following exchanges: HitBTC, Kucoin, OkEx, Huobi, Next.Exchange, Yobit and ForkDelta.