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.
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ICO’s Details
GENERAL INFORMATION
ICO Opening Date:
To be announced
ICO Closing Date:
To be announced
Country of Origin:
USA
TOKEN DETAILS
Symbol:
SET
Blockchain Type:
Ethereum
Platform:
ERC20
Team
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
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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