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Solarex Utility Token (SRX) – Disrupting the Renewable Energy Market in Africa

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Solarex Utility Token
Solarex

Africa is a continent that has amazing potential but is also plagued with a myriad of problems in virtually all sectors ranging from finance, energy, agriculture, and land registry. Unfortunately, more than 50 years of poor governance has not helped alleviate these crunching challenges besetting most African countries.

Fast forward to 2008 and the world got wind of a new lexicon called Bitcoin. It was a new technology that few privileged, young tech-savvy entrepreneurs took advantage of. It wasn’t until 2009 before Satoshi Nakamoto mined the first ever block on the chain, called Genesis Block. Today, the Blockchain has evolved into a decentralized digital ledger via which transactions made in Bitcoin or other cryptocurrency are recorded chronologically and publicly.

The emergence of Blockchain technology which took Africa by storm with its multiple functionalities, in the area of finance, healthcare, governance, and telecommunication, has continued to find immense relevance in the continent. Blockchain can reduce endemic corruption in a continent where there is lack of trust and transparency. Blockchain technology with its vast potential can also help overcome electoral fraud, land theft and educational deficits that have persisted in most African countries.

The key area where most African countries have suffered the most is in the area of energy. As at April 2017, only 15.3% of the entire Tanzanian population had access to electricity. South Sudan is even worse off, with just 5.1% of its total population having access to clean and cheap electricity. The problem is more evident in Nigeria, which prides herself as the Giant of Africa but can only generate an average of 3200MW of electricity daily for over 180 million populations. This has indeed slowed down economic growth in Africa and also impacted negatively on other sectors that depend heavily on electricity for its survival.

Fortunately, Africa has come to embrace renewable energy as a means of bridging the widening gap that has been created by the energy deficit. One of such renewable energy options which were initiated by Africa Blockchain Research Council (ABRC), a holding company of Auto Republic Ltd, UK, is codenamed “Powering Africa Project”. The Powering Africa Project is set to create a clean, cheap and sustainable energy solution to bridge the huge energy gap in Africa. The Project will deploy both the renewable energy and Blockchain technology.

The Solarex ecosystem which will build a decentralized network of energy resources via solar farms which will be connected through Blockchain technology, will aim to become the largest, most efficient and sustainable solar energy provider in Africa, offering energy at a cheap and affordable price for all, and setting a new standard for energy consumption in Africa.

The Solarex utility token (SRX), is an innovative off-grid solar energy technology token that is built around the Ethereum platform and gives access to the services provided on the Solarex ecosystem. Each Solarex token is expected to increase in value based on its multiple functionality and fact that the token will be listed on major exchanges 14 days after the end of its ICO.

The Solarex official ICO website is now opened for private investors and partnership. For those interested in partnership and private sale, simply contact the CEO at ceo@solarex.io

You can also reach Solarex Team in various ways:

Chat on Telegram: https://t.me/SolarexICO

Visit ICO Website: https://solarex.io

Read the Whitepaper: https://solarex.io/content/site/whitepaper.pdf

Subscribe on Facebook: https://www.facebook.com/solarexico

Follow on LinkedIn: https://www.linkedin.com/groups/8657063

Subscribe on YouTube: https://www.youtube.com/watch?v=_SxEFSpTkoM

Follow on Twitter: https://twitter.com/SolarexICO

Follow on Instagram: https://www.instagram.com/solarexico/

*This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company, product or service. Bitcoin Africa Ltd. is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in the press release.*

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Earn PoS Staking Rewards During Volatile Markets With CREDIT

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Staking Rewards

South Africa-based blockchain project Terrabit provides an opportunity for users to earn an investment income in the current volatile market condition.

TerraBit

The cryptocurrency market has become very volatile since the novel coronavirus spread was officially declared a global pandemic. The bitcoin price, for example, took a significant dip on March 12 but recovered to the $6000 range. However, the price has failed to get past the $7000 price point despite getting close on several occasions. Such a volatile market makes it difficult for users who depend on cryptocurrency earnings for income. 

Terrabit provides an entire cryptocurrency ecosystem that includes an exchange, utility token with a hybrid POS/POS blockchain, and digital payment solution. The exciting passive income opportunity in the Terrabit ecosystem is the web staking platform for the utility token, CREDIT.

Holders of the CREDIT token holders can stake their holdings to tokens online to earn up to 100% staking reward per annum via Terrabit simple-and-easy-to-use web staking platform.

The web staking option allows every user with an internet connection to earn rewards. This lowers the entry barrier considerably compared to mining. Cryptocurrency mining requires expensive hardware, electricity, and a constant internet connection, while web staking requires you to have only an internet connection to get started.

Also, web staking is more suitable for emerging markets where a higher entry barrier makes it difficult for further cryptocurrency adoption.

CREDIT web staking features include:

  1. Web-based CREDIT staking up to 100% per year
  2. Profit is paid hourly
  3. No lock-in period
  4. Easy-to-use

Beyond staking, Terrabit also offers users other opportunities to earn rewards. Referring new users to the Terrabit exchange is also lucrative. You receive 100% of trading fees from all users you send to the platform. 

Other projects by Terrabit include Terra Hub – a social media platform with monetised actions paid in CREDIT, Terra Mart – a zero fee shopping marketplace, and Terra Dax – an all-in-one trading platform that connects to other exchanges.

Considering the current volatile nature of the cryptocurrency market, Terrabit’s web staking platform is worth checking out:  www.terra-bit.io

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

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Mercuriex Cryptocurrency Exchange Launches New Utility Token, SURF

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Mercuriex

MercuriEx Cryptocurrency Exchange, originally developed in 2017, came under new ownership in December 2019. Since taking over the exchange, the new owners, London-based SurfTheWeb Ltd, have started to take steps towards expanding operations to a global userbase, as outlined in their Whitepaper and Roadmap.

As part of their plans for expansion, they have developed a new Exchange Utility Token (an E.U.T.) called SurfExUtilityToken (SURF) and have employed the services of LATOKEN to host their initial exchange offering for SURF token. The IEO officially opens on 23rd March 2020. LATOKEN is one of the world´s largest cryptocurrency exchanges and arguably one of the most successful launchpads for company IEOs and token sales.

As above, the Surf Token IEO officially opens to the public on Monday 23rd March. As a special offer, SurfTheWeb Ltd has arranged with LATOKEN to give a massive 50% discount to LATOKEN users who purchase SURF in the first week of the IEO. The IEO is due to end on 24th April 2020 (or before if all SURF tokens are purchased before the closing date).

As stated on the LATOKEN landing page for the SURF IEO, all funds raised from the upcoming sale will be used directly for expanding operations of the exchange, including hiring and training new support staff globally, obtaining global licenses, improving and expanding the exchange infrastructure, providing market liquidity support services and more.

According to the SurfExUtilityToken Whitepaper, SURF will be integrated into all levels of the exchange, allowing exchange users to pay trade-fees with SURF as well as earn SURF through referral commissions, giveaways, and competitions hosted by the exchange owners in the future.

SurfTheWeb Ltd has also stated that it will be accepting SURF as a form of payment for services on the exchange, such as listing new coins and hosting IEOs for other companies and crypto developers.

MercuriexExchange Utility Tokens are not a new idea. In fact, we have seen several exchanges create their own unique exchange tokens in the last few years. Some of these exchange utility tokens have been extremely successful in terms of monetary gains, with some increasing in price as much as 40,000% between launching and all-time highs (ATH). However, for the exchanges themselves, these tokens represent much more than monetary gains, these tokens can help to foster loyalty with the exchanges users directly, who will opt to stay and trade on an exchange when the token offers them an edge over another exchange where they perhaps not have the ability to get discounted trade fees.

Mercuriex Exchange users who opt to pay their trade-fees with SURF can receive very generous discounts on their trade-fees, on market-orders this will be 50% discounts on trade-fees, but users will also have the ability to gain 0% (Zero percent) trade-fees for limit orders (limit orders are orders placed onto the order books, as buy orders of sell orders), if the user maintains a specified amount of SURF tokens in their Exchange Account.

As outlined in the SURF Whitepaper, the allocation of SURF token is as follows, further details can be found below;

  • Max Supply; 250,000,000 (100%)
  • Exchange Reserve; 100,000,000 (40%)
  • Public Distribution; 75,000,000 (30%)
  • Exchange Staff Wages; 25,000,000 (10%)
  • IEO Sales; 50,000,000 (20%)

The Exchange Reserve is an emergency fund. SurfTheWeb Ltd has said there are no plans to access this reserve unless in an emergency situation. In December 2020 they will start to verifiably burn 10 million SURF tokens per month until all 100 million reserve tokens are destroyed, this will effectively reduce the total supply to just 150,000,000 SURF Tokens.

Public Distribution of 75 Million tokens will likely take 3-4 years to be fully distributed to exchange users. The distribution will take the form of sign-up bonuses, referral commissions to users who invite others to trade at the exchange, giveaways, and competitions.

Exchange Staff Wages 25 Million tokens. This fund has been allocated to pay the wages to exchange staff members until such time that the exchange is fungible, after which time this fund will be used as incentives and bonuses to staff members.

IEO Sale of 50 Million tokens. 5 Million Tokens are being sold in Pre-Sale and 45 Million tokens will be sold in the public IEO hosted by LATOKEN starting Monday 23rd March 2020.

As stated on the LATOKEN IEO landing page, the Mercuriex exchange is built from the ground up, meaning there is massive scope and versatility for expansion and growth, this is not a turn-key or white label exchange. The exchange supports high-volume / high-frequency trading and employs a clutter-free simplified user interface.

Sign up to join the SURF token IEO at LATOKEN

You can also stay up to date with the latest news by joining the official exchange Telegram channel and checking the Surfex website where there is a News & Updates section, and of course, sign up to the Mercuriex Exchange where you can currently access 0% (Zero percent)  trading until the end of March 2020.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

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5 Reasons to Invest in the WhiteStripe Project

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WhiteStripe

The 21st century is, unambiguously, the century of hurricane development of technologies. This is an amazingly interesting time that gives modern users great opportunities. Those principles and foundations that were applicable before today are questioned and even ostracized.

Several centuries ago, the state was the main instrument for ensuring the observance of the law and fair conditions of human relations. Today, humanity has come up with a technology such as blockchain, which allows us to ensure a high level of honesty and transparency in almost all areas of our lives: from complying with laws to holding fair draw games and lotteries.

WhiteStripe is a spectacular example of the non-standard use of blockchain technology. WhiteStripe is a cryptocurrency lottery, the prize fund of which is formed through mining. Moreover, not only a professional large miner can participate in it, but also anyone who just mines on a simple computer. The range of participants is almost endless.

Why is it Worth Paying Attention to this Particular Project?

Daily draws. There is no need to wait for a certain moment and save money. Everything is fast, simple and clear – a new day, a new draw and new opportunities to increase your capital.

If you bought WSLT tokens, then you made the right choice. Indeed, all owners are provided with a daily incentive for owning WSLT, which will also help you to increase your financial capital.

Forget about the long search for correct information, passing control and the need to adapt to the conditions of the project. Everyone can participate in the White Stripe project. The audience is not limited, the coverage is enormous.

WhiteStripeEach miner has the opportunity to become part of the White Stripe project. And you don’t need to do anything, you just have to try your luck. The more powerful the mining, the greater the opportunity to get the very that happy ticket with a big prize. But for owners of weak equipment there are solutions for making money (read more on the site).

Connecting is easy, even if you haven’t had such an experience before. Simple registration takes just a couple of minutes – and that’s it, you are a member of the White Stripe project. 

White Stripe is a project which is able to change the procedure of earning in the cryptocurrency market. All the best in blockchain and cryptocurrency is collected in one place. And everyone has the opportunity to become part of a large project that can change the future. If earlier you could earn only on the purchase, sale and growth of coins, now you can get rewards just by owning WSLT tokens.

Become a part of the ICO White Stripe and open your way to the future with financial independence. Start: April 5, 2020.

Read more about the project on the website: https://landing.wslottery.net/

Disclaimer: This is a paid sponsored post. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this sponsored post. 

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