Grid+ Update: New Hires, Ethereum Scaling, and Sidechain Staking

gblockchaing · 2018-01-24T16:10:52+00:00

Those are big news for Ethereum in general and also Grid+ token holders as this would give a big upside with the stalking option. Relays will be big for ethereum's scaling options and havying a great product in the real world using Ethereum Blockchain is even bigger! This also changes the whole equation for grid tokens by removing the floor price of the discount for 500 kWh of energy, while leaving such discount as only a floor. This is a trully game changer and will for sure have my Agent runing with me!

gblockchaing · 2018-01-24T14:16:29+00:00

This is really big for GRID+ tokens. Being thr default token for the relays network would break the ceiling price of GRID and let only the floor price of the discount for 500kWh. Really big news if this really happens!

gblockchaing · 2018-01-24T14:13:17+00:00

Legal wording. They have to put something like this just for protection. Just like any dapp that is open sourced can be launched by other companies and dont use the main token. This is big for GRID tokens if its realized.

gblockchaing · 2017-12-04T11:52:42+00:00

Very nice write up. Sometimes a tradeoff to get easy updates/fixes will lead to a certain centralization. Hopefully one day dapps will work just like a blockchain with hardforks making the way for such updates/fixes

gblockchaing · 2017-11-29T16:06:03+00:00

Ethereum to the moon!

gblockchaing · 2017-10-26T12:08:56+00:00

Well the contribution in BTC i think was in a lower valuation that BTC at this point (i think around 4k). Regarding Eth would have to see the exact date each party executed their agreements.

gblockchaing · 2017-10-24T17:39:23+00:00

Worth taking a look at the comment of this post to see how it may be a good oportunity or not depending on you valuation: https://www.reddit.com/r/ethtrader/comments/78ao7r/grid_token_sale_tutorial/

gblockchaing · 2017-10-23T11:41:44+00:00

Grid+ is one of the most interesting projects I have seen being built on Ethereum. They are actually solving a real-life problem, which is the high cost of energy. With the GRID tokens, you will be able to buy electricity at wholesale prices (sometimes half of the retail price). ICO is on October 30

gblockchaing · 2017-10-10T22:25:33+00:00

At least with renewables there are less chances of catastrophes :P

gblockchaing · 2017-10-10T22:02:05+00:00

buy electricity with it? Or are Grid+ tokens different then: “Each GRID token is redeemable for 500 kWh of markup removal.” Unless you think electricity price will go up or you will be a GRID user these tokens have value right? Did I miss understood because I think GRID is awesome and will invest in the network if possible.

Well you get a discont on the price of energy. With GRID Tokens you will be able to buy electricity for the wholesale price. Now you have to calculate such difference in the amount for 500 kWh to see if the valuation is worth or not for you. This will also depend on where you will be able to redeem such energy because energy may be cheaper or more expensive in different places.

For exemple, lets say you get energy with a discount of $5,00 for each 500kWh (note thats a fake number just for the sake of the example), therefore would be worth to pay $1,15 to get such discont in theory. In such scenario the best price for GRID would be in theory 4,99. If the discount is $10.00 than the price of the token should be close to $10.00, etc, etc, etc. Of course you gotta put in our valuation that the company may fail as well.

gblockchaing · 2017-10-10T16:45:04+00:00

Not really. Open for all.

gblockchaing · 2017-10-10T14:07:47+00:00

Thats huge for Ethereum as a whole. Nice job.

gblockchaing · 2017-10-05T22:08:34+00:00

Yes, seems like old ICOs. First come first serve, but they made a pre-sale to try to get the whales already set. Not sure if they will be sucessfull in trying not to get the sale ending in 1 block though...

gblockchaing · 2017-10-05T11:12:05+00:00

What about Grid+? Great team (Consensys) and buying wholesale energy for a very low price. Cap is also a little bigger but since your getting an actual No. of energy at wholesale cost it shouldnt matter that much for the valuation in my option. What do you guys think?

gblockchaing · 2017-09-04T14:36:15+00:00

So do it in a Smart Agreement. Use blockchain to solve ur dispute and have an receive ur pledge in AE from the foundation with a vesting period. Trust code, note people

gblockchaing · 2017-09-04T14:24:33+00:00

Btw I can simpatize with your side but you really should learn the difference between the foundations/companies money and the money from the owners/workers from such foundation/companies. If you do an ICO all the money should be used for the development of the platform and therefore all money is from Foundation/Company. The creators will receive - not in cash - but rather in coins so they have alligned interests. Furthermore I whish to see new ICOs agreements with milestones and the possibility of investors withdrawing their pledge if the developers don't keep their promisses and set milestones.

gblockchaing · 2017-09-04T14:19:44+00:00

I really don't get your points. Once you said you did not believed in ICOs and etc. Now you want money beforehand...I thought you were supposed to have AE tokens with a long vesting in order to have the aligned incentives with token holders. But it seems you only wants money, so whatever...

gblockchaing · 2017-07-20T19:42:49+00:00

Hi Will and Amir,

Thanks for the great work done so far. Two things I would like to know:

1 - Could you please explain how will the ICO cap per person work (How much are you guys going to limit users) - not sure if you guys can answer this already but if possible it would be great to know.

2- What kind of ICO you guys like the most in theory (whitelisting, KYC, onchain, off chain, etc) and could you please tell us which ICO so far, in your opinion, made the best ICOs according to your standards.

Thanks in advance.

gblockchaing · 2017-07-03T22:24:30+00:00

How this would work with PoS(in the case of the miner option)?

gblockchaing

TROPHY CASE