Solarex ICO (SRX Token) Review:

What Is Solarex?

The Solarex energy solutions want to be the largest and most sustainable solar energy company in Africa. They have the goal of offering cheap and affordable power to everyone, with a major focus on customer satisfaction at all times. The Powering Africa Project is disruptive and decentralized solar power project that has the goal of creating a solar energy ecosystem.

How Solarex Clean Energy Blockchain Coin Works

The ecosystem will be based on the blockchain. It will be an innovative, disruptive, and democratic system, which will improve lives in African and globally. Solarex is hybrid solar energy provider backed by the blockchain and cryptocoins.

The project is committed to utilize this digital technology to boost the living conditions of people in African and the world that have been denied access to power. The business model will entail setting up solar farms all over Africa in semi-urban, urban, and rural areas of Africa. The Solarex project will have an option for the Complete Solar Package solution. This will be made possible using an outright sale. There will also be the option to lease the Solar Package, which will come with support and a viable financing model.

To power the supply and distribution, the project will utilize the smart contract, the Solarex App, and smart metering. All of these aspects will run on the blockchain. For transactions and payment of fees, the Solarex tokens will be used in the ecosystem throughout Africa.

Solarex SRX Token & ICO Token Details

This token will be backed up by solar power. Thus, there is no chance of things going wrong. This token will be used to generate the funds required to execute this mega project. In the long-term, the project will solve major problems that exist in Africa and the world. If you want to be part of this project, you should purchase the Solarex tokens.

For the Solarex vision to come to life there will be an ICO to issue the SRX tokens. During the ICO, the price of the SRX will grow. The Solarex tokens will be available for trace in exchanges 14 days after the ICO ends.

Parameters Of The ICO

  • Ticker: SRX
  • Type: Utility-token
  • Standard: ERC-20
  • Additional Tokens Later: No
  • Token price: 1 SRX = 0.090000 USD
  • Accepted Currencies: BTC, ETH, LTC

PRE-ICO

  • Pre-ICO start: 15-05-2018
  • Pre-ICO end: 14-06-2018

ICO

  • ICO start: 15-06-2018
  • ICO end: 15-08-2018
  • ICO Token Supply: 1800000000
  • Soft: 5,000,000 USD
  • Hard cap: 120,000,000 USD

Token Distribution

  • 75% – Token Sale
  • 12.5% – Reserve
  • 2.5% – Advisors and Team
  • 10% – Bonus and Bounty

Funds Distribution

  • 60% – Development of Platform
  • 20% – Marketing
  • 20% – Operations, Security, and Legal issues

Solarex Conclusion

The SRX tokens will be the only token in the ecosystem. In time, this platform will become a household name. The end strategy is to make the SRX token sustainable with its value growing with time. There are already plans in place to trade the SRX tokens on three exchanges. The tokens will be tradable on those exchanges as with all other crypto coins.

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