A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance Smart City Coin (SCC), a utility token used for the pre-purchase of smart house hardware and units of services has arrived.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is Smart City Coin Test?
Smart City Coin (SCC) is a utility token used for the pre-purchase of smart house hardware and units of services. Designed to serve the European smart city community, it is comparable with API keys, which are used to access the service.
The focus of SCC is to provide Smart House Hardware for community members. This will enable them to start monitoring their usage in real-time. The platform also provides members of the community with business opportunities, as they will be able to collect SSC tokens in exchange for their energy data.
The platform also applies blockchain technology and SCC Utility token. The two developments will help bring transparency, traceability, and safety of the whole network and community.
Smart City Coin Test Network Blockchain Smart Home Features
The platform’s team is working on a community of Smart Houses, which will empower the community. The empowerment will be seen when a member provides information and enable management of energy usage. Another way of empowerment is through energy production.
Perfect Purchase Opportunity
Members who purchase a minimum purchase of 500 EUR or more are liable to the free smart home installation kit. The user can then use their SCC tokens to expand their smart home capabilities further. This can be done through the purchase of extra sensors or by trading SCC on the exchanges.
The team has a long roadmap of good record that dates back to 2010. The team is therefore capable of sourcing reliable and user-friendly Smart House Hardware and software.
Users who are interested to join will acquire membership in the Smart City community. They will also enjoy a deeper understanding of energy usage and management. Such users stand higher chances of earning SCC tokens in exchange for contributing to the community. Above all, they can build their own Smart City!
How It Works?
With a special kit available in the online store and in App4SmartCity, we can follow and set the limits of the energy you use. With the largest number of households participating in this project, more advanced learning and data analysis solutions can be introduced. This is also a reason why Smart City has decided to use a blockchain technology. With SCCTN Token members who deliver their smart home, the data is given at their fingertips. In addition, any kind of useful information on energy saving published by them will be rewarded with a proportional number of chips.
Smart City Test Network SCTTN Token & ICO Details
The SCC utility token will be used as a payment medium among community members, both in the webshop and in the interaction with utilities.
Furthermore, the SCCTN token used for a Smart City ecosystem is based on the ERC-20 protocol. As a utility token, it can be used to buy in the Smart Store (intelligent hardware), as well as a reward and loyalty payment tool for other services.
The token is not only digital, but also designed with blockchain technology and smart cryptocurrency.
Besides, there is an initial plan to release a limited number of tokens at the token Generation event. The tokens will be released as per the Token Distribution plan.
An Initial Token Offering will happen in public with an aim of gathering contributions from supporters and awarding them with SCC tokens. In this regard, 1,000,000,000,000 SCC will be deployed.
Members will get the tokens on their dedicated ICO account after being transferred as an exchange of payment. Sept 2019 is the date for the pre-ICO stage.
How To Become a SmartCityCoinTestNet(SCCTN) user?
Purchase SCCTN tokens - TOKENHOLDER
"The easiest way to get SCCTN tokens is to purchase them in Smart City Shop. Click the link and you will get directly into our shop where you can pay with 50 different cryptocurrencies, Paypal, Credit cards or bank transfer."
Buy Smart Home Starter Kit - USER
"If you like to convert your home to Smart Home this is the unique opportunity where you get Smart Home hardware and start earning SCCTN tokens by sending data to our cloud."
Join Bounty Program - COMMUNITY MANAGER
"If you notify your followers and friends about opportunities in Smart City Project you will be awarded the bounty. SCCTN might the perfect project for you especially if you like sharing energy awareness tips and you believe in tokenized econom."
WHY YOU SHOULD CHOOSE SCTTN?
ICO successful - more than 50 million dollars raised
MVP in operation (App4SmartCity), as well as the Smart City coin test network, launched on August 1, 2018.
The Smart City store is working and ready for cooperation.
The project office is based in Switzerland. A country is known as cryptocurrency friendly (enough to say the Zug valley)
Strong advisory board
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Lightpaper: https: // www. smartcitycointest.net/light-paper/
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.