The Sun Exchange

blockchainexchanges/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:

Alphabit

Alphabit Fund

Barclays Accelerator

Boost VC

Kalon Venture Partners

Network Society Ventures Management

powered by Techstars - London

Powerhouse

Techstars

Yossi Hasson

Network Society Ventures

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

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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