Swytch

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Swytch

Swytch

Swytch is a blockchain based application that seeks to verify and reward the production of renewable energy through the issuance of an ERC20-compliant utility token. Swytch has a 1.5 gw pilot program operating in Germany, and has signed MOUs with four cities in Korea. Swytch attaches an IOT device to renewable energy sources that verifies the energy produced and reports it to an oracle that determines how many tokens that energy is worth based on a number of factors, which includes: geography, time of day, source of energy produced. We call this Proof of Production, and for this industry it solves the problems inherent with PoW and PoS.

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TOKEN SALE 286,293,627 SET

Ticker: SET
Token type: ERC20
ICO Token price: 1 SET = 1.00 USD
Whitelist: Yes

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Team from: USA
Number of Team Members: 8

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