SunContract investment analysis

This blockchain project is poised to assist consumers in the energy sector. As it stands now, there’s typically only one company that consumers can purchase their electricity from. This is obviously not ideal, and it means that energy companies can effectively act however they want as there’s no incentive for them to reduce prices. However, your SunContract investment is actually a platform that allows for consumers to exchange energy with one another through the blockchain and without a middleman.

Interested parties can buy and sell energy using the SNC token. This is an interesting concept because it solves a major dilemma of the solar industry. While many people are interested in using more sustainable energy practices, most simply cannot afford their own systems still. It’s a very expensive venture to install the correct infrastructure.

However, now you can use the marketplace to take advantage of your neighbor’s panels. If someone else in your community generates more electricity than they can use, now they can sell it to you. It seems everyone wins in this scenario, and investors would do well to pay attention to blockchain energy projects.