SunMoney Solar Group (SSG) is a community-funded renewable energy company, established in 2013 with a 2 million euro investment from private investors. With more than 10 000 members in 28 countries, SSG owns/operates/owns options of solar power plants with an active capacity of 20 MW.To add new capacity and grow its community, SSG plans to raise funds by means of Initial Coin Offering (ICO). SunMoney Solar Group is aiming to build 30 MW of solar power capacity in Germany and Hungary in 2018 with the funds raised. SSG will also to extend its investment platform to open service for 3rd party solar power plants.By participating in the SMT ICO, you have the opportunity to invest in renewable energy at any scale.SunMoney will raise funds by means of Initial Coin Offer (ICO).
Sunmoney Solar Group (SSG) is a community-funded renewable energy company, established in 2013 with a 2 million euro investment from private investors. With more than 10 000 members in 28 countries, SSG owns/operates/owns options of solar power plants with an active capacity of 20 MW.
This project is, just the same, a group of private investors who have been working since 2013. At the same time, they already have implemented and ready-made projects that they can boast of. This project is that these investors have already built and launched four solar power stations in Germany and Hungary, which is a significant indicator of the work of this team. At the same time, there are two more stations in the status of the building. This company has already a whole group of followers from different countries, their total number is about ten thousand people. Which is also a very significant indicator. The main goal of the ICO is to attract large investments for the further implementation of the company’s plans.
SSG produces electricity from its solar power plants located in different countries. This electricity is being sold daily to either end-users or to the public utility companies. The buyers pay for the electricity monthly to SSG. New members can become a part of SSG by purchasing a solar package from SSG, and as members they will have their own share from the total production capacity based on the purchased amount of watts and get monthly payments for 25 years. One can buy a solar package priced from 2 euros to 85.000 euros. Electricity is being generated, then sold on the member’s behalf who will receive a monthly income from the 1st month of the purchase to the end of the 25th year. Members can also build their own communities by buying our community packages and inviting other people to join through our referral system.
The value produced by the solar packages are connected to the rights of the solar panels owned by SSG and its partners. The revenue from the sales of electricity produced by our power plants is proportionally distributed each month within the community.
This company buys high-quality equipment for its stations, for example solar batteries are the brainchild of Bauer Energiekonzepte GmbH. This is a very famous and reliable German company. The most interesting thing is that the project uses such a wonderful technology as a blockade. It allows you to visually show the users and the investor about the fair implementation of the collected funds. Also, the platform uses smart contracts that allow the safe execution of transactions. Thanks to them, investors and users will be able to see absolutely all information about the affairs on the platform.
THE EXPANSION OF THE PLATFORM
We are in the process of integrating blockchain to Sunmoney’s Solar Account System and our payment system too. Also the new investment platform and the monitoring of all solar power plants will be based on blockchain and smart contracts to provide security and transparency.
TransparencyUp-to-date Solar Farm production data will be stored in the blockchain to guarantee transparent production information both for partners and investors. All existing Solar Farms are outfitted with a sophisticated real-time monitoring unit which provides all necessary technical and production data to SunMoney’s operation center. This data will be stored directly in the blockchain, guaranteeing both partners and investors unmatched insight both into operations and financial insights.
Investment platformSunMoney plans to offer access to its investment community and energy trading partners to third party Solar Farm owners and operators. These third-party capacities will enter SunMoney’s energyand financial settlement network via smart contracts on the Ethereum blockchain. Financial settlement will be automatic, secure and transparent to third party operators and investors both.
MARKET OUTLOOKThere is an exponentially growing demand for electricity.The present usage will double in the next 20 yearsand quadruple in the next 40.
The price of electricity is getting higher every year, in 15 yearsthe price will be 2 and a half times of today’s.
The use of solar power in electricity generation will be growing from 1 percent to 30 percent in the next 20 years.
THE BUSINESS THE SUNMONEY TOKEN
Profitability is based on the 2 core activities of the SUNMONEY SOLAR GROUP:All these activities guarantee the growth of the company and the dynamic growth of the value of the SUNMONEY Token. All these activities are backed by physical assets, which generate value every day.SUNMONEY owns, installs and supports all its solar parks. New parks are built on a regular basis. All these power plants have long term contracts for selling electricity to public utilities and companies.
The solar panels used in our parks are manufactured by the prestigious German company, Bauer Energiekonzepte GmbH and come with 25 years warranty. All the plants have insurance and are regularly audited. The exploitation rights of these plants based on Watt output are sold in packages to our members. The power plants are built at different geographic locations with different weather conditions to mitigate local risks and increase the average output of our solar parks. All the members buy the rights in this pool of solar power plants.
COMMUNITY BUILDING / NETWORK MARKETING:
All the members joining the SUNMONEY community add to the value of the group. The ones who buy solar packages increase the total Watt output in the system. The members who buy community/ business packages help to grow the community and also add to the Watt output in the system. The key element of the network and referral system is that the members will enjoy the benefits of their packages and the benefits of their referred members’ packages for 25 years without having to buy another package.
THE EXPANSION OF THE PLATFORM:
Currently the SSG’s investment platform is limited to investments below 100K euro. SSG is planning to expand its platform to receive investments above 100K euro. This platform will be complementary to our existing system. This platform will also welcome the owners of 3rd party solar power plants, who will be able to sell short and long term investments by the Watt on any scale. All these solar power plants will be audited by independent auditors — PWC, Deloitte — and will be monitored by blockchain technology.
Sellers will be able to realize short-, mid- and long term earnings immediately on their solar power plant projects to accelerate ROIs
Buyers will be able to invest in renewable energy remotely for short-, mid- and long term earnings to realize profit without the initial investment of building a solar power plant.
Example: Seller has 20,000 kW solar power plant in Germany. Seller wants to sell the exploitation right of 1,000 kW because of a sudden need of cash. Buyer wants to invest in a fully licensed and operational solar farm for 5 years to gain profit without the initial investment. SSG’s investment platform will allow these types of transactions securely and transparently.
SSG has an initial line up of 50 companies to use this new investment platform for selling investments. In the first year of operation of the new platform SSG expects 2000 solar power plants to be listed on it with 15,000 signed up investors. SSG will charge commissions on all 3rd party transactions.
On the long run, SSG will broaden this investment platform to a 360º indexed trading platform for renewable energy
SUNMONEY TOKEN SALE
The issued SMT tokens do not guarantee the acquisition of a stake in the company, the receipt of dividends. The cost of the tokens will reflect the activity of SunMoney Solar Group in the energy market.
SunMoney Solar Group undertakes to implement a special buyout program for SMT tokens, for which it is planned to use 20% of its annual profit or 3% of annual turnover (whichever is higher) in order to redeem SMT tokens, which will then be destroyed. The following benefits for SMT token holders are planned:
Special discounts. Participants of the ICO will be granted special discounts for all provided business packages.
Priority on IPO. When holding an IPO, holders of SMT tokens will have priority access to purchase shares.
Commission. After the launch of the investment platform SSG for investors (amounting to more than 100 thousand euros), owners of SMT tokens will be able to purchase rights to income from the functioning of the investment platform. Received SMT tokens will be destroyed.
Redemption program. SUNMONEY SOLAR GROUP undertakes to create a buy-back program for SMT tokens, for which SSG will use 20% of its annual profit or 3% of annual turnover (whichever is higher) in order to redeem SMT tokens. SMT tokens purchased under the buy-back program will be destroyed.
The distribution of SMT tokens looks like this:
15% — Closed Pre-Sale;
15% — Pre-ICO;
42% — ICO;
10% — Team;
5% — Advisers;
3% — Bounty;
10% — Long-term reserve.
The basic ICO parameters are as follows:
Start Pre-ICO: 01/02/2018;
The beginning of ICO: 03/15/2018;
Stages: Closed Pre-Sale, Pre-ICO, ICO
Token Token: SMT;
Total Tokens: 10,000,000;
Cost of the Token: 150 SMT / ETH;
Accepted funds: BTC & ETH;
Token Protocol: ETC, ERC20
Gabor EisenbartFounder, Owner
Dr. Levente TóthOwner
Zoltán RendesGlobal Marketing Director
Timur R. MagomedovGlobal Business Development Director
Péter BahoreczGlobal Community Director
Tamas SzerémyIT Security and ICO Advisor
Bence BáthiDigital Marketing Advisor, Brutal Media UK
Péter TóthEnergy Trading Advisor — CEO of HUPX Hungarian Power Exchange,the Chairman of the Supervisory Board of the Central Eastern European Gas Exchange(CEEGEX) and the chairman of the Board of Directors of HUDEX Energy Exchange Ltd
Sergiy YermilovInternational Specialist in Energy Sector,Former Minister of Fuel and Energy of UkrainePROFILE
Ivan NadeinRenewable energy advisor , International Expert of Renewable Energy, Chairmain of the Ukranian Energy Independence Committee
Andreas BauerSolar Energy Advisor CEO and Owner of BAUEREnergiekonzepte GMBH (Germany)PROFILE
Alekszej BorscsEnergy Investment Advisor — Gazprom
Dr Kanth MiriyalaICO and Blockchain Advisor — TuringLabs
Parag AroraICO and Blockchain Advisor — TuringLabs
Divyashish YindalCryptocurrency and ICO Advisor — Jacobi Partners
Official website: http://www.sunmoney.solar/
White Paper: http://www.sunmoney.solar/SunMoney_SMT_WhitePaper_v1_1.pdf