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Frequently Asked Questions

What makes Solar Bankers coin different from other tokens? What does Solar Bankers coin offer that other tokens do not?

Solar Bankers coin is not commodity-backed in the straightforward sense: it represents the ability to participate in a global network of free energy production and exchange. More specifically, the Solar Bankers coin derives its value from the way in which its provides access to a number of services that go beyond the mere liquidity benefits of a standard cryptocurrency or the single commodity backing of other coins. Owners of Solar Bankers coin will be able to:

 

– trade Solar Bankers coins for other cryptocurrencies or fiat currency;

– buy cheaper and cleaner electricity from other members in the decentralized network;

– purchase Solar Bankers’ energy-generating equipment to produce energy for private consumption or sale on the local marketplace;

– trade Solar Bankers coin for CO2 Emission Certificates.

 

These services are in turn facilitated by a solid and mature company, which is backed by a set of strong soft assets – in the form of a game-changing international patent – and a host of ongoing partnerships and projects, cutting-edge product development, and market expertise. In the future the value of the company will also be backed by hard assets – in the form of manufacturing facilities and the decentralized electricity network run by Solar Bankers.

 

Lastly, the Solar Bankers coin, as a cryptocurrency in its own right, represents a far more efficient and secure alternative to existing digital currencies because it is based on a new generation of blockchain technology that involves a revolutionary consensus algorithm, ultra-fast transactions with no fees, and a multi-layered security structure.

Does the Solar Bankers coin represent a security?

Solar Bankers coin is not an investment-grade security of any kind. The Solar Bankers coin is a digital token for participation in a global network of free energy production and exchange and does not confer ownership of a stake in the business. Solar Bankers does not guarantee any profit, but offers instead a set of entrepreneurial opportunities to Solar Bankers coin holders to make money from the Sun.

How are you going to use the funds raised through the ICO?

Solar Bankers will use the funds to develop the system infrastructure for the SunChain community (smart meters and micro-grids).

What do you mean that I can exchange my Solar Bankers coins for Energy-Generating Equipment?

Solar Bankers offers a set of devices that you can install in your house, business facility or land to produce electricity and profit from it. Our customers can exchange their Solar Bankers coins for Solar Panels, Solar Windows, Solar Tiles and many other products at a fixed rate. This option will be available only after the successful conclusion of our fundraising campaign and our production facility is in full operation.

What is the relationship between the Arizona-based Solar Bankers LLC and Solar Bankers Singapore?

Our business activities recently migrated from Arizona to Singapore. Although the Arizona-based Solar Bankers LLC still exists as a legal entity, our main business activities, including our technology and patents, have moved to a Singaporean company called Solar Bankers Singapore. Solar Bankers Singapore is being run by the same team as its Arizonan predecessor and is working on the same projects and pursuing the same goals. Our activities have become increasingly oriented towards China and we hope that this move will allow us to better serve the Chinese and broader Asian markets.

All of the patents for energy-generating technology marketed under either Solar Bankers Singapore or Solar Bankers LLC (Arizona) are the sole legal property of Alfred Jost, the CEO and Founder of both companies.