The Sun Exchange
blockchain . exchanges/trading platform
FOUNDING YEAR: 2015
LOCATION: South Africa
Last Update: 19/01/2021
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About
The world's peer-to-peer solar cell micro-leasing platform. #MonetiseSunshine #Bitcoin #RenewableEnergy #Solar #SolarPoweredMoney #Blockchain #Africa
MEDICI Analysis
The company operates a solar micro-leasing marketplace for users. The company allows users to distribute solar generators and collect rent every month. The platform uses blockchain technology for it's operations.
Focus
PRODUCTS & SERVICES
Through its platform called The Sun Exchange, the company enables users to build wealth by investing in the solar projects and by earning rental income on the solar cells. The payment is done through the blockchain and digital currency (Bitcoin and national currencies).
EXISTING PARTNERSHIPS
Powerhive
United Nations Development Program
COMMENT
The company has recently introduced SUNEX, its own digital rewards token, which can be earned to get discounts as well as bonus rental income on the Sun Exchange marketplace, which can also be staked into a ground-breaking solar project insurance fund. The SUNEX Network Token is currently available for purchase through a public token sale event which will run through December 31, 2018. (Oct. 2018)
Traction
COMPANY TYPE:
For Profit
TRACTION COMMENT:
The Sun Exchange has built a global community of over 14,000 registered members across 90 countries to date. (Oct. 2018)
People
FOUNDERS
Abraham Cambridge (CEO)
Abraham Cambridge
Larry Temlock
BOARD MEMBERS AND ADVISORS
Max Keiser
Stacy Herbert
Thierry Schang
NUMBER OF EMPLOYEES
1-10
INVESTORS:
Network Society Ventures Management
KEY EMPLOYEES:
Lisa Lyhne (COO)
Lourens Coetzer (CTO)
Momentum
FUNDED
NO
NUMBER OF FUNDING ROUNDS
5
TOTAL FUNDING
$3.99 M
DATE OF LAST FUNDING
May 2020
IPO STATUS
Private
TOTAL FUNDING COMMENT
The company will use its funds for growth and towards the goal of solar-powering the world through the crypto-economy. (Oct. 2018)
ESTIMETED REVENUE RANGE
$1M to $10M
SEED & PRIOR FUNDING
$260 K
SEED CLOSED ON
Jun 2019
LISTED
NO
ICO
1000000
company provided insights
Web Traffic
MONTHLY VISITS
12,232
AVERAGE VISITS (6 MONTHS)
20,043.48
MONTHLY VISITS GROWTH
-54.87%
VISIT DURATION
531
VISIT DURATION GROWTH
82.76%
PAGE VIEWS VISIT
3.75
PAGE VIEWS VISIT GROWTH
-6.04%
BOUNCE RATE
28.13%
BOUNCE RATE GROWTH
-10.59%
GLOBAL TRAFFIC RANK
1,099,047
MONTHLY RANK CHANGE
278,466
MONTHLY RANK GROWTH
33.94%
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