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Swytch

TBA
11,760 Views
Swytch is a blockchain based application that seeks to verify and reward the production of renewable energy through the issuance of an ERC20-compliant utility token. Swytch has a 1.5 gw pilot program operating in Germany, and has signed MOUs with four cities in Korea. Swytch attaches an IOT device to renewable energy sources that verifies the energy produced and reports it to an oracle that determines how many tokens that energy is worth based on a number of factors, which includes: geography, time of day, source of energy produced. We call this Proof of Production, and for this industry it solves the problems inherent with PoW and PoS.
7.9
TOTAL SCORE
6.2
ICO PROFILE

(weight: 45%)

9
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Dates: TBA
Whitelist/KYC: Whitelist + KYC
Country: USA
Token info
Ticker: SET
Token Type: ERC20
Available for sale: 200,750,000 SET (55%)
Total supply: 286,293,627 SET
Financial
Pre-sale Price : $0.50
ICO Price: 1 SET = 1.00 USD
Q2 2017
Token Commons Foundation formation Initial Funding Swytch Development partnerships and technology development

Q4 2017
Core technology partnerships Design and Build Proof of Concept, Dashboard, data estimator and Pilots

Q1 2018
Germany Energy aggregation pilot completion Additional fund raising round complete Core technology development, IOT security and team growth

Q2 2018
Complete additional POC's with partner cities Oracle AI refinement for DACM (Adaptive Module) Oracle Consortium development

Q3 2018
Pro-consumer residential token generation Oracle open source International Partnerships growth and scale.

Q4 2018 and Beyond
Trusted IOT device protocol integration Government and corporate engagement

Screenshots taken 7 Feb 2018
Shawn Harmsen
Senior Fullstack Developer
Eric Miller
Director of Product and Lead Blockchain Developer
Youngsook Park
VP of Business Development
Andrew Pearsons
Managing Director
John Clippinger
Cofounder and Head of Token Innovation
John Redpath
Cofounder
Evan Caron
Cofounder and Managing Director
Troy Martin
Director of Compliance and Governance

Advisors (9)

Richard Kastelein
Founder, Blockchain News Writer, Publisher, & Entrepreneur
Samuel Visscher
Founder, Fish & Bits B.V. Blockchain & Software Engineer
Curt Lefebvre
CEO, nDimensional
Thomas Hardjono
Technical Director, MIT Internet Trust Consortium
Brad Hardin
CTO, Black and Veatch
Peter Hirshberg
Principal, Maker City Project
Tony Seba
Stanford University – Clean Energy Expert
Kent Larson
MIT Media Lab – Director, City Sciences
Mickey McManus
Visiting Research Fellow at Autodesk, Senior Advisor at BCG, Co-Author, Trillions
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