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Swytch

UPCOMING 367 views
7.8
Total Rate

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.
General
Website: Visit
White paper: Read
Whitelist/KYC: Whitelist & Kyc
Country: USA
Token Info
Ticker: SET
Token type: ERC20
Available for sale: 200,750,000 SET (70%)
Financial
Pre-sale Price: $0.50
ICO Price: 1 SET = 1.00 USD
Social Media
  • 1

    Q2 2017

    Token Commons Foundation formation Initial Funding Swytch Development partnerships and technology development

  • 2

    Q4 2017

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

  • 3

    Q1 2018

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

  • 4

    Q2 2018

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

  • 5

    Q3 2018

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

  • 6

    Q4 2018 and Beyond

    Trusted IOT device protocol integration Government and corporate engagement

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

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