Sun startup Exchange of South Africa pay for electricity with bitcoin

Sun startup Exchange of South Africa pay for electricity with bitcoin

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Yes, that’s right. The essence of a startup is that it offers to invest in the construction of the farms that supply solar energy to where need it most. Investment Exchange Sun collects on Indiegogo, allowing investors to buy individual solar cells, and then in proportion to their contribution, allows to obtain some income in Bitcoins.

The idea is that the startup collects first necessary for the construction amount, and then when everything is ready and the solar power plant is already operational, and each depositor, having its own serial number, pay a certain income.

Usually the station put in Sunny regions, such as Africa, for example. There is a lot of sun, but with the electricity often has problems. Investors have the opportunity to track the fate of purchased items, observe how they are used. Buy solar cells is possible for the South African Rand or bitcoins, but the second, of course, is preferable, because bitcoin is far more popular and it can be easier to sell or, for example, transfer to another country. Payments to investors are made in the currencies in which they were paid for the purchase of solar cells.

Sun Exchange assures that the investors actually own the purchased solar cells, so if you want the owner can even get them in the mail, then it will just send a brand new solar cell. While startup specializiruetsya on the installation of solar power plants in Africa, but in the near future is going to start working in other countries.

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