About SunContract
SunContract is an energy trading platform that utilizes blockchain technology to create a new business model for buying and selling electricity. If you believe that blockchain technology can solve many of today's problems and that we are the team to take it to the energy sector, you are welcome to contribute.
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Market Stats
Market Cap
$2,366,998.50
-3.5%
FDV
$3,862,838.88
Circulating Supply
75,190,419.269 SNC
Max Supply
122,707,503 SNC
Total Supply
122,707,502.693 SNC
Diluted Valuation
$3,844,111.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$181,883.37
-0.31%
Volume (7D)
$1,389,097.66
Volume (30D)
$5,114,061.38
All time high
$0.71
Overall Price Change (1Y)
-0.46%
Additional info about SunContract
Recent trends
The price of SunContract has decreased by 0.39% in the last hour and decreased by 3.11% in the past 24 hours. SunContract’s price has also risen by 9.57% in the past week. The current price is $0.0315 per SNC with a 24-hour trading volume of $181.88K. Currently, SunContract is valued at 95.54% below its all time high of $0.71. This all-time high was the highest price paid for SunContract since its launch. The current circulating supply of SunContract is 75,190,419.269 SNC which means that SunContract has as total market cap of $2,366,998.50.
Market details
SNC vs markets
↘ 53.38%
SNC vs BTC
↘ 60.16%
SNC vs ETH
↗ 3.37%
Tags
energy
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xF4134146AF2d511Dd5EA8cDB1C4AC88C57D60404 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0315 | ↘ 3.11% |
1 Day | $0.0324 | ↘ 3.11% |
1 Week | $0.0287 | ↗ 9.57% |
1 Month | $0.0272 | ↗ 15.41% |
1 Year | $0.0581 | ↘ 45.89% |
FAQ
SunContract (SNC) is a blockchain-based platform that aims to decentralize the energy sector with a focus on improving the welfare of individuals. The platform's business model connects peers directly in an open energy marketplace, eliminating intermediaries and enabling peer-to-peer (P2P) electricity trading. SunContract strives to empower individuals, particularly homeowners, to freely buy, sell, or trade electricity. The platform is currently being implemented in Slovenia. Through the platform, Slovenian households are experiencing reductions in electricity costs while also choosing sustainable energy sources.
SunContract operates by directly connecting electricity producers and consumers into an electricity pool based on smart contracts. These smart contracts are blockchain-based programs that aim to provide trust and security, potentially improving upon traditional contract law, and reduce other transaction costs associated with contracting. The platform allows energy producers and consumers to determine the bid and the asking price of electricity, at which they would be willing to sell or buy. Trading algorithms and smart contracts then perform the matching and settlement. The minimum and maximum prices of electricity are determined by the contracts for electricity sold and bought outside the pool.
SunContract's primary use case is in the energy sector, where it aims to decentralize energy production and consumption. The platform allows individuals, especially homeowners, to buy, sell, or trade electricity freely. This can lead to cost reductions for households and a shift towards more sustainable energy sources. Additionally, SunContract's model of direct peer-to-peer electricity trading may influence traditional energy markets by eliminating the need for intermediaries. This could lead to greater efficiency and transparency in the energy sector, and potentially contribute to greater independence when it comes to energy.
SunContract was established with the goal of decentralizing the energy sector and tailoring it to improve the welfare of individuals. The company's business model, which directly connects peers in an open energy marketplace, was designed to eliminate intermediaries and enable peer-to-peer electricity trading. The project was first implemented in Slovenia and intends to expand into other countries. The platform has been operational since 2018, and Slovenian households using the platform have experienced reductions in electricity costs while also choosing more sustainable energy sources.
We update our SunContract to USD currency in real-time. Get the live price of SunContract on Coinbase.
The current market cap of SunContract is $2.37M. A high market cap implies that the asset is highly valued by the market.
The all-time high of SunContract is $0.71. This all-time high is highest price paid for SunContract since it was launched.
Over the last 24 hours, the trading volume of SunContract is $181.88K.
Assets that have a similar market cap to SunContract include TRI SIGMA, Portugal National Team Fan Token, Neurai, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SunContract is 75 million.
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Social stats
Popularity in posts
#2879
Contributors
23
Posts
61
% About SunContract
0.01%
Hold times
0 days
X (Twitter)
10% bullish
Sentiment
73 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
23 unique individuals are talking about SunContract and it is ranked #2,879 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SunContract has an average sentiment score of 73 out of 5. Finally, SunContract is becoming less newsworthy, with 0 news articles published about SunContract.
On Twitter, people are mostly neutral about SunContract. There were 10.29% of tweets with bullish sentiment compared to 2.92% of tweets with a bearish sentiment about SunContract. 89.71% of tweets were neutral about SunContract. These sentiments are based on 54 tweets.
On Reddit, SunContract was mentioned in 7 Reddit posts and there were 2 comments about SunContract. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.