SunByte price

SUNBT

SUNBYTE is a utility token developed by Berkarya Tech that operates a blockchain-based decentralized energy trading network for electric vehicles (EVs). The platform addresses infrastructure inefficiencies in the EV ecosystem by enabling peer-to-peer energy trading, Vehicle-to-Grid (V2G) integration, and micropayment solutions for charging transactions.

The SUNBT token serves multiple functions within the ecosystem: facilitating payments for EV charging sessions, providing rewards for energy trading participants, granting access to premium platform features, enabling network staking for security validation, and supporting decentralized governance through voting rights. The platform utilizes smart contracts to automate energy transactions, dynamic pricing, and reward distribution without intermediaries.

SUNBYTE's technical architecture focuses on interoperability with existing EV charging standards including OCPP 1.5, 1.6, and ISO 15118. The platform evaluates high-performance blockchain networks capable of supporting micropayments with extremely low transaction fees and high throughput requirements. Data integrity is maintained through immutable distributed ledger technology, while privacy protection incorporates cryptographic techniques and selective disclosure mechanisms.

The tokenomics model features a fixed total supply with a deflationary mechanism through transaction burns and periodic buyback-and-burn programs. Token allocation includes 30% for ecosystem development, 25% for staking rewards, 20% for team and advisors with vesting schedules, 15% for community and marketing initiatives, and 10% for public distribution. The platform operates on a Proof-of-Stake consensus mechanism with delegation capabilities for network participants.

Berkarya Tech brings practical industry experience as an authorized distributor of Delta Electronics EV charging solutions through Tri Energi Berkarya, providing real-world infrastructure knowledge to support the blockchain implementation. The project development follows a phased approach beginning with pilot programs, expanding to broader ecosystem integration, and advancing to AI-enhanced optimization features and global scalability initiatives.

The platform maintains regulatory compliance by classifying SUNBT as a utility token focused on functional ecosystem use rather than investment purposes. SUNBYTE adheres to relevant frameworks including MiCA regulations in the EU and addresses data protection requirements through GDPR-compliant privacy protocols and blockchain-based identity management systems.