Fundraising is a key feature of the ecosystem that Smart Electrum is creating. The team have recognised the need for a more efficient and transparent means of raising funds for charity. Users will be able to collect funds for worthy causes, while the Smart Electrum project will allocate 5% of their income to certain projects each month. 

Smart Electrum plans to introduce a transparent energy trading platform, focused on the electric power sector, with a specific energy trading token that will allow consumers to monetize their excess energy. The project is originally based on the Ethereum network, but will transform to provide cross-chain solutions to adapt to customers needs and ensure the best transaction prices.

Smart Electrum Token (SELECT) is the native token for the ecosystem. It will act as the fuel for the network by facilitating access to use the platform, providing loyalty rewards to holders, connecting with charities, lowering fees on the platform, allowing stakers to secure the network and act as governance for decision-making affecting the platform.

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