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Solar DAO Has Enough Power To Redesign The Grid With New Partner

31.08.2018 — 0

Solar DAO, the world’s first digital, autonomous, closed-end, utility-scale PV project investment fund, has declared the partnership with the Powerchain project – a decentralized platform for energy storage that allows everyone to store electricity, transfer it within the network, or trade it. The companies intend to popularize using alternative energy sources and change the conventional and inefficient energy management system by using innovative technologies together.

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The main advantage of the companies’ cooperation will become the adoption of energy storage systems to stabilize power consumption during peak loads. It also allows to regulate alternative sources generation, that is a great avail for the Solar DAO members. Now the bad weather will not affect consumers. The Solar DAO team sees the great potential in energy storage systems and the crucial importance of their development. These systems must greatly change the electricity market in the next 4-8 years.

Powerchain offers for installation an innovative kinetic energy storage, developed by its partner company, Kinetic. The accumulator allows to balance up to 90% of the capacity of platforms participants. The system is also able to:

  1. Remember the indicators of actually produced energy,
  2. Compare them with calculated data in kW/h,
  3. Draw a conclusion about the level of energy storage and its optimal distribution between storage devices and consumers to minimize transport losses and costs for generation.

Solar DAO plans to closely integrate with the platform. Perhaps its projects will work on the Powerchain platform or the company will make its own platform, that will interact with the Powerchain.

According to GOTOSOLAR, a Solar DAO project operator and owner, the strong partnership among the Solar DAO and the Powerchain should increase demand for SDAO tokens and give them significant functionality. It will probably be possible to distribute part of the Powerchain tokens (POWECs) to the SDAO tokenholders.

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Make an ICO they said. It will be cool they said

07.02.2018 — 0

2017 is a year for a new investing way of startup projects called ICO. Initial Coin Offering is a way to attract investors’ funds at an early stage (even at absolutely zero stage) of the project.

The main difference of this method, which caused real excitement, is simplicity. With the help of a cryptocurrency, anyone could invest in a startup which inspires faith. In other words, ICO has collected the positive features of classic IPO and crowdfunding.

No one doubts the popularity of this way for raising funds. According to Coinschedule, more than 230 ICO campaigns were conducted in 2017, with a total investment of almost $4 billion. Infrastructure innovations and financial products are the most popular project’s categories, but young startups pursue a wide variety of goals
In the past year, such original coins as JesusCoin, KekCoin, TrumpCoin (also PutinCoin does exist too :D), Useless Ethereum Token, GarlicCoin, UFOCoin appeared on the cryptocurrency market.

We must mention a digital coin DOGE, which was created on the popularity wave of Doge****Meme with a cute dog breed Shiba Inu. Do you know why we mentioned it in particular? Because its capitalization exceeded $232 million.

A really cool meme, isn’t?

The pace of new projects’ development and appearance is increasing. 
90% of all conducted ICO was in 2017, and according to experts, this year will show greater results.

https://www.youtube.com/watch?v=IUurcYAJ4Tc

What will SEC say?

Along with the new projects number growth, cryptocurrency will face significant changes. Yes, we are talking about the regulation. During 2017, financial and supervisory authorities kept an eye on new ICO-projects and tried to create a legislative base for its control. For example, China even banned initial coin offerings on their territory.

SEC (Security and Exchange Commission) — a regulatory body of the United States, created to protect investors in the securities market. The main task is to prevent crimes and any fraudulent actions connected to financial manipulations. Despite the fact that SEC regulates the securities circulation within the USA, its decisions affect to almost all crypto projects.

In a recent statement, Jay Clayton (the head of SEC) said that he had not seen an ICO, which was not a sale of shares in its main idea. In other words, Clayton expressed a wary attitude to projects, attracting such investment.

SEC vs ICO

As we have already said, the main goal of SEC is to ensure investing transparency and to protect investors from fraudsters. One of the ways to recognize an ICO project as dangerous for an investor is a** low score in the Howie test**. This test was specially developed in US judicial practice to determine whether the object is a security.
According to the Howie test, any token will be a security if it comes to:
Investment of funds,
Receiving profit,
Shares of an enterprise,
Profits exclusively from the seller or third parties work.

Unlucky with SEC decision:

  • ReCoin. The first case in history, initiated against the ICO project. The Securities Commission accused Maxim Zaslavskiy, head of the ReCoin Group Foundation project of** fraud and violation of the rules for registering** securities. Recoin was a digital asset, secured by real estate. The project team intends to challenge Regulator’s decision.
  • The DAO. One of the most famous ICO — the DAO project also attracted Commission’s attention. In July 2017, SEC recognized DAO tokens as securities, with all ordinary consequences.
  • PlexCoin. Gathered over $15 million in crowdfunding, the PlexCoin project was also defeated in a fight with SEC. On December 1, SEC quickly froze project’s assets due to the failure of the registration requirements. The project promised high profitability to its investors, who made a contribution to the development of a new promising decentralized cryptocurrency.
  • Munchee. One of the most promising projects. Its token was usable already at the fundraising stage. Munchee project was forced to stop its activities and return funds to investors, after the recognition of its ICO as a securities deal.
  • AriseBank. Recently, SEC has filed charges against a banking organization that conducted its ICO. AriseBank was accused of fraud and sale of unregistered securities. The team is sure in rightness and plans to fight for the right to sell its own token.

What’s the answer?

Of course, the best and most favorable development for any project is the choice in favor of taking into account regulators’ views.

Solar DAO constantly monitors the opinions of commissions and government, considering it. We do the best to ensure that our project meets the requirements and is convenient for our participants. Thank you for participating!

Solar DAO — a tokenized fund designed for everyone to easily participate in PV solar plants construction across the globe. SDAO tokens on: YoBit.

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Israel can finally legitimize Bitcoin

22.11.2017 — 0

Ambiguity in matters of law is always a problem. This is the case with the use of bitcoins in Israel, where citizens have not yet received a formal decision from the state on this issue. 
However, this problem can be finally solved.

On Tuesday, it was announced that the Ministry of Finance of Israel will create a working group on digital currencies together with the heads of large accounting firms and relevant professional chambers.

Israel, perhaps, will create clear rules with respect to bitcoins. This was decided at a meeting initiated by Finance Minister Moshe Kalon with the same bodies that had previously reported that Israel was not yet ready to deal with the issue of digital currencies.

One of those who insisted on considering the problem is an Israeli entrepreneur and a bitcoin supporter Moshe Hogeg. Last month, he met with the Minister of Finance to discuss issues of blockchain and cryptocurrencies.

In his speech, Hogeg said that he was very pleased that the minister was meeting halfway. In addition, he added: “Committees will start their activities very quickly. I think we will see clear results within six months. “

Current state of affairs

As mentioned above, the current lack of official regulations on bitcoin created a lot of problems in Israel for both individual users and business in this area.
In June, the Tel Aviv District Court ruled that banks can refuse to service businesses associated with bitcoin (eg, exchanges) because of the inability of banks to conduct a full audit. 
And at the beginning of the year, the Israeli tax administration ruled that if bitcoin is not legally defined as a currency, its sale will be taxed with a number of taxes that could seriously interfere with the implementation of the crypto currency.

It is also necessary to remember that any proposals will eventually come out for general discussion and are unlikely to find broad support. It is known that at least one high-ranking Israeli public official is very concerned about the dangerous potential of the cryptocurrency, and will certainly express his opinion.

Professor Shmuel Hauser, head of the Israeli Securities Agency (ISA), spoke in favor of “paternalism” with respect to both ICO and bitcoins. Since then, the ISA has set up its own committee to discuss possible rules and resolve the issue of crypto-currency in Israel.

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ICO. What’s new?

16.11.2017 — 0

Recently only a few could predict the rapid growth and development of ICOs. For reference, for the first half of 2017 in the world was attracted more than 1.3 billion dollars during the ICO. The popularity of this method of fundraising continues to gain momentum, and therefore there are difficulties that need to be overcome by future successful projects.

Strict control and prohibition of ICO

The governments of all countries basically divided into two categories:

  • Those who prohibit ICO (China) or strictly regulate it, equating tokens to securities (USA, Canada, Singapore)
  • Those who allow and facilitate ICO in order to increase the attractiveness of their country for business:

One of them — the Isle of Man, where the Ministry of Finance sees financial prospects and is already developing its legal regulation.

By the end of the year Gibraltar Blockchain Exchange plans to launch a service that allows licensed listing and digital tokens trading.

In Estonia it is proposed to hold the first state ICO in the world.

Another example is the Swiss “Cryptovalley” Zug. The government supports the established industry group for the management of blockchain assets.

Tendencies and rules in the world of cryptocurrency and blockchain change constantly. We monitor the situation and continue to work on creating a legally correct structure for conducting a legal ICO. This is important, because those who conducted the ICO without regard to legal aspects, today faces the impossibility of withdrawing funds to Fiat. We do not want our investors to face such problems and continue to look for a solution.

Stay tuned! 
Join our group chat in Telegram: https://t.me/solardao

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How to choose? Signs of Scam projects in ICO (By Alexey Krol)

06.11.2017 — 0

A huge holivar has recently appeared on the subject of ability to identify the signs of a scam of projects in the ICO. Popular theme by the way. Now wherever you spit — anyone starts to pear over the analysis of projects that he thinks is a scam.

  1. Any innovation = uncertainty = inability not only to give, but especially to fulfill their promises. Accordingly, if in a serious innovative project you see promises of exact metrics — this is SCAM.

  2. Uncertainty follows from the nature of innovation, when you solve a problem that no one has solved before you.

  3. This is a typical scientific methodology — put a hypothesis, check, break off, again and so on in a circle.

  4. How long? As long as the investor has faith.

  5. Why do some invest in such a risk? Because if it happens, then profit from the exponential becomes an asymptotic vertical.

  6. Who can afford it? Those who are capable to burn 4–5% of their capital on 100% R&D projects. And this is not a scum, it’s a sober calculation for the future, which is inaccessible to ones who are used to do simple things. Or those who shift risks to LP.

Thus, a really serious project for the ICO is about the intention to solve a problem that meets 3 criteria:

  1. The task is absolutely socially significant, which means that it will not just give money, but possibly give market shift.

  2. The problem solved by the project is obvious, i.e. if more than 10 lines are needed to explain it, it’s bullshit.

  3. There is simply no existing solution in the framework of known technological approaches.

The very difference between the ICO paradigm is that a person decides to give money for several motivations:

  1. He wants this problem to be solved, he is interested. He wants to be involved in the process.

  2. He hopes to benefit from investment or support.

And now the ratio of these factors of altruism and greed gives the whole spectrum of investors ICO.

2–3% — those who can ratio 50 altruism / 50 greed — this is the psychology of traditional business angels Valley of the beginning of the century (now almost extinct …)

The rest — who has the ratio of 0 altruism / 100 greed in the form of a desire to catch a wave.

Conclusion: What will change.

  1. As the stage of hype is going on, the share of investors of the second type prevails, but, IMHO, the share of investors of an altruistic type will grow with time, because at the moment this is the only mechanism giving access to financing for a huge number of enthusiasts. This is precisely the mechanism for financing the development of ideas.

  2. Average investments will be significantly reduced, because such amounts simply are not necessary. Before ICO startups raised 50–100K and this was enough, sometimes to show a suitable prototype. And then suddenly such a startup gets 20 millions! And immediately the question of how to make a good product becomes into the question — how to justify / master this money. But the meaning of the startup has not changed. This means you invested 10 dollars or 10 millions — the risk is still 100%.

  3. This means that there will inevitably arise rounds, for this is common sense. I collected 1000 dollars, took a step, reported, proved that I was not a scammer, collected 5000, and so on.

Therefore, all the estimates of the SCAM project or not the scam — are not adequate. 
Listen, wise people, who are trying to show us SCAM projects here — what would you say about Tezos and, incidentally, Bancor, who started to experience certain problems. In fact, nothing can be said. As stated by Draper — we will wait 2 years. Do not want to wait? Impatient? Sorry, nobody cares. So you do not understand the nature of creating a new. What does it mean if these projects win? What does it mean if the projects fail? NOTHING.


Original: http://telegra.ph/Tut-na-rovnom-meste-voznik-holivar—na-temu-sposobnosti-opredelit-priznaki-skam-proektov-v-ICO-11-05

By Alexey Krol

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Fueling Development: what Solar Energy can do to fight energy poverty

02.11.2017 — 0

Learn how solar companies and governments are helping developing countries to fight fuel poverty.

According to Nick Butler, an FT columnist, for one person in six, worldwide energy is not a tradeable commodity but a matter of survival. More importantly, it takes the form not of electricity from the grid or petrol from the pump but wood or dung collected by hand.

Today 17% of global population lack access to electricity, and 38% lack clean cooking facilities. Modern energy services are crucial to human well-being and to a country’s economic development; and yet globally 1.2 billion people are without access to electricity and more than 2.7 billion people are without clean cooking facilities. More than 95% of these people are either in sub-Saharan African or developing Asia, and around 80% are in rural areas.

**Picture credit: **http://www.theenergycollective.com/roman-kilisek/363886/tackling-energy-poverty-renewables

**Energy access **is about providing modern energy services to everyone around the world. The IEA defines these services as household access to electricity and clean cooking facilities (e.g. fuels and stoves that do not cause air pollution in houses). Although already in 2014 global electrification reached 85.3% in 2014, over 1 billion people still do not have electricity. Some countries made rapid progress, including Kenya, Malawi, Sudan, Uganda, Zambia, and Rwanda. Others, such as Afghanistan and Cambodia, are progressing rapidly by making greater use of off-grid solar energy, underscoring how new technologies can drive progress.

Some of these countries also experience rapid population growth, especially in Sub-Saharian Africa, which makes the modest progress in terms of the living conditions negligible. The IEA predicts that even in 2030 almost a billion people will still be lacking electricity, and this figure could be even higher if the population growth in India and Africa continues at the same pace.

In general, energy and fuel poverty follow poverty as such, so energy access is related to socio-economic modernization of the countries. In general, modernization, or development, means a transition to better living and governance standards, from an agrarian to an industrial economy, in parallel with urbanization and a demographic shift — from high birth rates and high mortality to modest population growth and low mortality. Moreover, historically the countries who modernized successfully have been equipped with country-wide electric grids. Remember Vladimir Lenin’s famous words that socialism is the power of Soviets and electrification of the whole country. Whatever the historical record of the Leninist-style socialism, it has undoubtedly been an effective development project that pushed many countries of the global periphery from poverty to industrial economies with modern living standards.

For those countries who modernized after the Second World War, electrification is no longer an issue. However, for the poor countries of the bottom billion that currently lack any infrastructure, industrial electrification might not be an option. This is not only because it is unsustainable, but also because it requires massive investments and consolidated political effort, both of which are often lacking in Sub Saharian Africa and other similar countries of the Global South.

This is not to say that governments cannot use the proven industrial modernization scenario. Thus, China has succeeded in lifting hundreds of millions out poverty and subsistence in the recent decades. However, China is currently a leading player on the global solar market, because the resources of the 20th-century-style industrial modernization — including energy modernization — are limited.

But what to do in the countries with weak governments, poor population and lacking infrastructure? Where millions of people are living in energy poverty, relying on an excessive use of kerosene which is dangerous to both their lives and their environment, and also quite expensive? In such conditions, energy modernization might take another route, skipping the industrial stage — large scale fossil fuels power generation — in an attempt to start with a greener, renewable technology provided by private companies.

How to do this? Butler writes that

“Of course money matters, but this is not particularly about aid. The challenge is much more about organisation to give people the opportunity to use the technology that is already available. A crucial element is finding a viable financial mechanism that can help families and villages to get the equipment and to pay back the cost out of the revenue it can generate. This is a matter of spreading risk, creating revenue flows and of developing a system to collect payments in communities completely unaccustomed to financial transactions”.

**Picture credit: **https://www.odi.org/coal-and-poverty-faq-energy-access

Fueling Development: Solar Companies Off Grid

In East Asia, 27 million people live without electricity. Every year they are compelled to literally burn $3 billion in kerosene equivalent, living in complete absence of electrical grid. To heat their homes and cook food, they have no other choice but to buy large quantities of kerosene, unsafe batteries, and other unsustainable and dangerous devices. That is the problem Solar Home, a solar energy startup, intends to solve.

SolarHome installs integrated solar energy and appliance units in customers’ homes, and offers radically affordable “rent-to-own” plans of energy service subscription. This dramatically lowers the barriers to adoption of solar technology by the bottom-of-pyramid clients. For people living in developing countries and suffering not only from “conventional” poverty, but also from fuel poverty, contemporary renewable energy generation systems are not an option, because of their unbearable costs. Even the cheapest ones require at least $100, which way too much for a one-time payment for many people living in poverty.

https://solar-home.asia

Solar Home offers a more flexible payment model, similar to conventional loans, but integrated into the technical system itself. Basically, a user pays only when he or she needs energy, be it every day, every week or every month. In about 2 years since the beginning the payments will be covered, and the users acquire the ownership of the system. Since the majority of the population earn $85 a month (on average), they can afford payments ranging from $3 to $15. Solar Home expects 10’000 of such systems to be installed next year.

The company aims to address 27 million households across Southeast Asia living outside of the electric grid. Headquartered in Singapore, SolarHome presently operates in Myanmar.

In Africa, similar issues are getting solved by a similar startup company called Off-Grid Electric. The company plans to equip 1 million of rural African homes with cheap solar panels, costing $6 for the installation. The monthly payment will be not much higher than the initial installation price, so that 600 million of people living without electricity in Africa will be able to afford it. In 2016, the company won the prestigious Zayeed Future Energy Award in small and medium-sized business (SME) category.

**Picture credit: **http://offgrid-electric.com

Similarly to Solar Home, Off-Grid Electric utilizes the pay-as-you-go business model. The solar panels costing $6 are affordable and can provide enough electricity to power simple home appliances like lighting, TV, and radio. After the installation is completed, the users rely on the mobile platform called M-Power to pay the monthly rate of $6-$15, depending on the amount of electricity consumed. With the solar panels comes an individual meter, a pack of LED lighters, and a mobile phone charger.

Off-Grid Electric is already operating in Tanzania and plans to expand in Rwanda and elsewhere. Currently it operates 50’000 homes monthly.

From Firms to Policies: The Indian Case

Some of the energy issues faced by developing countries might be solved by more conventional means. For example, the Manchester-based company Inventid started the production of lamps based on solar batteries to be sold by $5 each. The idea is to sell them in African countries that face electricity problems. The project is co-sponsored by the Chinese company Yingli and the charity organization Solar Aid. The product has been tested by 9’000 of African families, successfully. The solar bulb is quite flexible and can be used in many everyday life contexts: it could be installed onto different surfaces, tied to a bicycle, used at home or as a torch. A fully charged battery is capable of working for 8 hours.

Narendra Modi, the Indian Prime Minister, started 16 billion rupees (1.8 billion of Euros) electrification programme called Saubhagya Yojna that is expected to have provided all households in the country with electricity by the end of 2018. The policy initiative will involve more than 40 millions families in both rural and urban India, which is roughly equivalent to one fourth of the country’s population. BBC and PV Tech have reported on this programme recently.

About 300 million of Indians are still living without electricity and access to the grid. The programme is intended to help them, and is financed through the federal budget. The primary beneficiaries are poor families and household spread all over the country, but mostly clustering in the rural areas where the electrification coefficient is the lowest.

The Indian government have been active on this policy arena in the recent years, having started a similar programme called DDUGJY that connected thousands of villages to the electric grid. Although similar in terms of intentions, Saubhagya Yojna targets separate households as opposed to villages, and has an explicit emphasis on green energy. Since many Indians still rely on kerosene to provide heat and power to their homes, the programme will make their power supply significantly safer, promote usage of more sustainable appliances based on solar batteries, and reduce carbon emissions.

This will both help India achieve its green targets and increase the quality of life in the distant villages that are difficult to connect to the power grid. More specifically, the programme will supply the unelectrified homes with solar batteries of 200–300 W capacity with an accumulator and other necessary tools. The beneficiary families will be guaranteed a right to maintenance services for the next 5 years, free of charge.

Power transforms lives in many ways. Households can have access to clean water, and communications systems can link the most remote villages to web-based health systems. Most important of all, accessible power can help create productive enterprises and the potential for exchange and trade, as Butler concludes in his article.

Since most of the future growth of energy business will be clustered in the emerging markets, including the poor countries, solar companies might be a viable option to fight energy poverty there. One of the challenges to make solar energy a means for development is creating viable financial mechanisms — and this is whatSolar DAO is doing. We will write more about energy poverty and how solar energy can beat it; meanwhile, support us and stay tuned.

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New date of the ICO

27.10.2017 — 0

As you know, Solar DAO team is doing the best for a successful ICO. Thats why we need to change the date of starting core Crowdsale. Here’s why…

The world of cryptocurrencies and blockchains undergoes constant changes. ICO itself falls under many regulations and restrictions. Before the ICO we need to develop and create reliable and safe legal structure.

The Solar DAO could work only with appropriate legal structure. And we cannot move further without it. Current companies cannot meet current requirements.

So. To conduct a good ICO it is necessary to create a legal structure. This is a very serious and complex task. Nowadays only a few countries have decided on their position towards the cryptocurrencies, tokens and ICOs. Also positions of governments changes very often. Solar DAO is working hard to find the best way for its structure. It will helps both our participants and projects growth.

Why it is also important?

We all want Solar DAO tokens to be available on free market (exchanges). So we need a structure 🙂

We appreciate your feedback and mind all of your suggestions to make Solar DAO project long-term and trustworthy!

So that’s why:

The ICO launch date will take place between December 4th, 2017 and January 1st, 2018

Right now our attention is focused on:

  • development of the legal structure;
  • finalization of the Marketplace and involvement of additional product engineers and advisors;
  • staff expansion;
  • ad campaign testing and smart contract audit.

We look forward to your support and are always ready to answer your questions!

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Trends in Energy Tech Funding

10.10.2017 — 0

Energy tech funding trends: ICOs challenge traditional VC, solar attracts most investments in renewable energy, and leads the number of exits.

Funding Trends in 2016: Summary

Before looking at the recent trends in renewable energy funding, it is worth looking at what’s been the case a year ago, in 2016.

On the one hand, 2016 has been a peak year for energy startup funding for almost a decade. According to VentureScanner.com, who track 752 Energy Technology companies in 12 categories across 46 countries, with a total of $48 Billion in funding, 2016 has the most funding to day, at over $12B. 2013 comes in at second with around $4B in funding.

On the other hand, capital markets have been tough for renewable energy in 2016.

According to a recent report by Frankfurt School of Finance & Management, in total, clean energy companies raised $6.3 billion on global public markets that year. That’s a 53% decline from the level of 2015 and 60% down on 2014. IPO environment was relatively more favourable, with an increase by 12% to $2.6 billion of funds raised. However, as researcher carefully note, this is almost entirely due to Innology’s fantastic debut on the stock market, where it raised $2.2 billion. Overall, wind energy outperforms solar in terms of fundraising, with $4.2 billion versus $1.7, respectively.

The decline of private equity and venture capital investment in renewables is less dramatic: 4% down in 2016, achieving $3.3 billion, which is less than a third of its peak in 2008, but 46% above the recent low, in 2013. Here solar attracted most of the investment, having capturing more than two thirds of the total. The US remained the centre of worldwide VC/PE investment in renewables, at $2.3 billion, representing a fall of 2% but still more than two-thirds of the total investment. Investment in Europe doubled to $516 million, and that in the Other Asia-Pacific region jumped almost 28-fold to $55 million from a low base.

Venture capital is usually considered as the most viable alternative to capital markets for young and techy companies. However, due to the relative decline of both stock market and VC opportunities witnessed in 2016, blockchain funding becomes more attractive for energy tech companies. According to Coindesk, token sales challenge the traditional venture capital investments for blockchain projects. In 2016, ICOs absorbed 46% of funding for blockchain-based startups.

According to CBInsights, over the past four quarters, 28% of total early-stage blockchain funding dollars came from ICOs, and the figure is growing. In Q1’17, 37% of all blockchain funding (not just early-stage) came via ICOs.

What’s going on now?

While it is still too early to judge, 2017 has been more favourable for renewable energy funding, and especially solar.

First, 2016 was rich in exits, both by means of an acquisition and IPO. With its 17 acquisitions and 1 IPO, 2017 is followed by 2015 with its 11 and 6 exits in both respective categories.

According to VentureScanner.com data, solar energy was leading the renewable energy sector with 18 acquisitions and 18 IPOs. Energy infrastructure companies were running up with 24 acquisitions and 8 IPOs.

This comparatively large number of exits suggests that solar is becoming more established, and, as a result, more profitable. So:

Stay tuned. With Solar DAO.

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Solar DAO is Making Progress

28.09.2017 — 0

Time to look at how the project is doing.

Since the end of the Pre-ICO the team has achieved the following milestones:

1. We have started developing the interface for project management.

Besides the main functionality, it will allow us to change the character of electric current at the utilities, and raise financing for the use of a product that is already there and running, instead of raising funds for a work-in-progress. This will make life a lot easier by significantly reducing the risk of regulatory complaints and interventions.

Last but not least, the interface is one of the core products of Solar DAO, the skeleton of the whole project.

2. We keep gathering the pool of our marketing partners to conduct the core ICO.

Our marketing programme for the ICO will be very different from what is now mainstream in the blockchain scene. We believe it will allow for a much greater marketing efficiency. So be prepared for pleasant surprises 🙂

3. We have started negotiations with financial partners and foundations to raise more funds.

For example, now we are in touch with Humaniq, a blockchain-based banking service. We will keep you posted about how things are going on the financial front.

4. We are working hard to enroll advisers and partners in Solar DAO.

This will help us increase the project’s visibility, legitimacy, and manage risk more effectively. We will keep you updated on our successes and on what is ahead.

Stay tuned with Solar DAO.

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How to set up an Ethereum wallet for Solar DAO tokens

26.07.2017 — 0

To see your SDAO tokens balance you need to add info about them. Here are 4 steps you need to do.

At a glance. Just add custom token in your Ethereum wallet

  • Below wallet balance click button “Add Custom Token”
  • Enter Token smart contract address: 0x646Cec6ee42d258336165cBbD5deB4AF14F0f476
  • Enter Token symbol: SDAO
  • Enter decimals: 4

Step by step manual

Below the Account Balance, you will see the Tokens box. You can click on “Show All Tokens” to view all the tokens. If you have participated in earlier ICO’s and you will see the balance of the token there. If it doesn’t exist there, you click add Custom Token.

After that your wallet is able to see SDAO tokens. Once added, you can see these tokens and the token value in the same page.

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