Today, the global electricity consumption reached 22 trillion kWh, which corresponds to 12.2 billion tons of CO2 emissions in order to sustain our modern lifestyle. At present, forests, grasslands, and farmlands on the entire earth are said to absorb 3.1 billion tons of CO2. By reducing 10% of electricity consumption through elesol®, we could achieve CO2 emission reduction by more than 1.2 billion tons. XELS will enable electricity bill payments through the XELS Coin in countries, which have a liberated energy market. Furthermore, it will create a platform, on which the coin-holders can purchase energy conservation products via the coin. The community will rate various eco-friendly products, of which the best will be offered on the platform.
XELS Coin ICO will begin on December 1, 2018. The ICO token supply represents 44.4% of the total token supply, so there is a total of 1,116,357,000 XELS tokens available, for 0.14 USD each. The ICO funding cap is 1,116,357,000 XELS and is expected to end on January 1, 2019 or when the funding cap is reached.
Token Reserve Split (55.6%): TBA.