Phase 1 will be open for everyone to supply either through automation via multisig or manual fillings . For other additions see my remarks about the referral system on other questions.
That’s a good question which is not exactly determined yet i will be able to provide you an answer on that in a later time point .
Introducing a referral system post phase 1 will incentivize energy providers. I’m curious about the details of this system.
Could you outline key goals for phase 1 and its features?
TRON’s energy rental advantage is notable. How is risk mitigation ensured?
How will TronEnergize manage borrower-set prices to maintain market stability?
I think it has been answered already in above questions , Phase 1 will be a standard energy rental platform where people can borrow energy from 1 hour upto 14 days.
There is 0 risk as the user funds will never leave their wallets , for the multisig setup ( automation ) only DelegateResource and UndelegateResource permissions is needed this eliminates any risk for the users as no other functions will be required .
Borrowers can determine their own pricing , it starts from a minimum in par with the other platforms but if a borrower want his order to be filled quicker or in times there is less energy available they can raise it to any price they want.
Thanks for the clarity, I’m really satisfied with your responses about your build. Keeping a close watch to monitor how high this soars as hackathon progresses.
@TronEnergize. Hello buddy have gone through your projects is good but have some ideas to add.
(1) Developing a marketing plan that will raise awareness of the project,and also Create educational materials about TronEnergize and its benefits.
(2). Organize meetups and events to promote the project, and write articles and blog posts about TronEnergize.
(3) Create social media posts and share them with your followers,and also give presentations about TronEnergize to potential users.
(4) Testing of the platform and also providing feedback to the developers,and using the platform to enhance growth of the user base.
Okay! I have read about the referral scheme and it’s a very great way of incentivising the users and driving the growth of the project. And, thanks for considering my other question. I will look forward to read more on it.
All the best to you in your HackaTRON participation
I would like to give an update on your question regarding the minimum energy rent rate , we have lowered the minimum to be rent to 32k energy to supply the needs for people who need lower amounts .
Nice one! This will be a catalyst that will drive the success of TronEnergize and put you ahead of other energy projects as the demand for a reduced minimum rate of energy rentals has been in the increase.
Another factor that the community will prioritize in deciding whether or not to rent energy from TronEnergize is if the contract will cover the renting fees of energy transactions in the platform, as you will agree with me that it won’t make any sense for someone that want to buy energy that worth less than 10 TRX to spend like 11 TRX in processing fees.