Megatech

1. Summary

Ranks

Liquidity

-

Developer

-

Social

52

Momentum (beta)

0

Stack Rank™

-

Price

$0.000369960000 0.0%

Market Cap

$0.00 (#10689)

Supply

/

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Price
52W High price	$0.003118885400
52W High date	1st Sep 2023 (1 year ago)
All Time High (ATH) Date	9th Feb 2025 (1 week ago)
All Time Low (ATL) Date	9th Feb 2025 (1 week ago)

Supply & Trading Volume
Trading Volume (24h)	$2,403.00

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Description

Megatech is a visionary project that leverages blockchain technology to fund and fast-track the deployment of solar energy solutions in South Africa. The project aims to address the critical demand for electricity in the region by building eight 10-megawatt solar energy plants over the next 60 months.

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Megatech is a visionary project that leverages blockchain technology to fund and fast-track the deployment of solar energy solutions in South Africa. The project aims to address the critical demand for electricity in the region by building eight 10-megawatt solar energy plants over the next 60 months.

Project Details

The project is led by MGT Solar (PTY) Ltd, an Alternate Energy Supply Company. It utilizes the MGT Token, developed in 2020 on the Apollo Blockchain platform, to fund the construction of the solar energy plants. The token enables rapid funding and shortens the typical project duration from 60 months to 18 months.

Key Benefits

• Efficient Energy Storage: Megatech addresses the issue of high energy storage costs by incorporating state-of-the-art storage technology.
• Enhanced Funding: The ICO funding model accelerates project implementation by reducing the time and costs associated with traditional energy project financing.
• Synergistic Team: The project brings together experienced professionals from both the crypto and power supply industries to create a highly effective collaboration.

Project Beta

Megatech's flagship project, Project Beta, is a 60-megawatt solar farm located south-west of Johannesburg, featuring a 100-megawatt-hour state-of-the-art storage system. This project will supply green renewable energy to blue-chip companies who have committed to off-take agreements.

Partnerships and Expertise

Megatech partners with highly qualified engineering and advisory companies to ensure successful project development. These partnerships enable the project to access the expertise required to execute large-scale energy projects efficiently.

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