Pylon Network: A Review of 2020 & Outlook for 2021

Starting the new year we took a pause. We reflected on the distance we have covered over the past year and the path we are setting for the year to come — and for the future.

In our Manifesto, which was published on the first day of the year (see here ), we have reflected the outcomes from our reflections.

The following lines offer an overview of the most important moments of 2020, followed by the milestones and objectives set for 2021.

Enjoy!

Review of 2020

Organization of Webinars & Publication of Technical White Papers

The first webinar, which took place on May 7th 2020, was on the topic of Efficient Municipalities and the role they can play in engaging with the end consumers and helping them participate in the energy market.

The second webinar, which took place on October 8th 2020, was on the topic of Collective Self-Consumption, looking at its market momentum and possibilities within the fast-changing, regulatory landscape of Spain.

Each webinar was accompanied by a technical white paper on the same topic.

Information about both webinars (blog posts, video highlights), as well as links to the full versions of the White Papers can be found below:

Updated Tokenomics & Token Paper

These changes were later reflected on an updated version of our Token Paper.

Our blog for the updated Token Paper can be found here. The full pdf version can be found here.

Preview of the new branding of Pylon — Official launch to come

The updated identity of PYLON comes in a time of a new and exciting chapter, not only for the project and its market implementation efforts, but also for the energy market and the long-awaited energy transition process.

Presentation of Pylon Use Cases

  • Our blog post for the use cases of Pylon Network, can be found here. The full pdf version can be found here.

Demonstration of Use Case #1

Users that wish to upload energy data on Pylon’s blockchain demo, need to complete the form by accessing this page. Instructions for both Spanish and non-Spanish citizens are provided in it.

All transactions with Pylon’s NDH can be tracked via Pylon’s blockchain explorer. Every time that the energy data permission is uploaded on Pylon’s NDH, using the PylonData service, the transaction appears in the next confirmed block of Pylon’s blockchain — with the corresponding PYLNC fee for the transaction.

A publicly accessible visual dashboard has also been created (here), to offer a more user-friendly monitoring / visualization experience. The demo dashboard is using the open-source software Kibana, to extract and present the important information from Pylon’s explorer.

The following credentials will be needed for the log in process:

  • Username: community
  • Password: demo_community

Whitelist

  • We remind you that by getting whitelisted you are eligible for a 30% discount on the staking cost for setting up a Federated Node. This means that instead of 5,000 PYLNT you will need to stake 3,500 PYLNT for each Federated Node.
  • For completing the registration form, you are required to indicate the number of nodes you wish to run. There is no limitation in the number of nodes that one person can operate.
  • The Whitelist will remain open until the Mainnet launch. Once the Mainnet is launched, the Whitelist will close and no new registrations will be accepted.

IMPORTANT NOTE ABOUT “NORMAL USERS” AND “PRO USERS”: The ten first federated node whitelist applicants that are interested in becoming Normal Users will be set up for free and provided by the team. The rest will be Pro Users which means that they will be required to set up the node by themselves.

PYLON Manifesto

You can access and download the Pylon Network manifesto document here.

Articles and opinions

Outlook for 2021

The three (3) highlights:

  • Demonstrate use cases with real customers.

Use case #1 was released and is live (see above). The demonstration will be updated with more features (see below).

Use case #2 in the Pylon.COMMUNITY portal (see below).

  • Enable the participation of the first companies in Pylon’s ecosystem.

Both from a technical and operational perspective, we are preparing for scaling up the onboarding process and polishing our customer acquisition channels for that purpose.

  • Launch of Pylon MainNet

We understand how important it is, however, the correct moment will be set up by the market. We will start the onboarding process in February to demonstrate our strategy and value proposition in the testnet and, based on the real usage data and facts, we will time the launch of Mainnet.

As we have repeated in the past, we see no value in launching the MainNet without any user. (Read relevant information below: “Staking process for Federated Nodes”.)

The important milestones for 2021 are explained below, in more detail.

Staking process for FN

Within the first week of February we are also releasing a intro manual / tutorial for the mounting / unmounting process of Federated Nodes.. The publication of the smart contract for staking will follow approximately 2–3 weeks after the publication of the smart contract. The smart contract will be uploaded on our Github page for testing.

During the testing period, the participation of the nodes will be accumulating “Test-PYLNC” which will be turned into “Real-PYLNC” at the launch of Mainnet.

New branding official launch (new logo, new websites)

Demonstration of Use Case #2

The public portal for the energy-communities ecosystem of Pylon will be setup via the Pylon.COMMUNITY website

Pylon.COMMUNITY Official Launch

The Pylon.COMMUNITY website is currently under development.

When ready it will be providing public information about the ecosystem of Pylon Network and the operations taking place in Pylon’s NDH. It will also offer an dashboard demonstrating and quantifying the positive impact of the energy communities ecosystem.

The launch of Pylon.COMMUNITY will be the birth of Pylon ecosystem with the onboarding of the first energy communities. More news will be coming soon — stay tuned!

Mainnet

The steps that will be taken, leading to the launch of Pylon Mainnet will be the following:

  • Release information, smart contract, manuals and promo material for the PYLNC distribution processes.
  • Release technical performance test reports for Pylon blockchain.
  • Launch Mainnet and migrate all demos to commercial operation (NDH).
  • Continue onboarding energy communities — increase the transactions taking place in the NDH.

Beyond Mainnet

The focus will be on the onboarding of new communities. As mentioned earlier, we are preparing for scaling up the onboarding process and polishing our customer acquisition funnels for that purpose.

This will be our obsession. Listing PYLNC in exchanges will NOT be our number one priority. PYLNC be circulated and distributed during that time, being a period of accumulation. We will initiate the exploration of the available options and, in the correct timing, we will begin the PYLNC listing process.

Stay tuned. Stay connected. Share the energy.

Join us on Telegram and talk directly to the team!

Pylon Network is a neutral energy database by-design. Our aim: to instigate cooperation in the digitalized energy sector - #Blockchain #EnergyWise $PYLNT $PYLNC