$950 #million in 13 minutes! The next #BIG tech company?
On Dec 3rd, Steve #Wozniak, Apple's co-founder launched his new #cryptocurrency
- WOZX.
#WOZX was launched for his new venture, EFFORCE, an environmental #blockchain
company that he joined last year.
They aim to enable any #investor to "help the #planet" and disrupt the $241
billion #energyefficiency market.
With a $80 million #valuation pre-launch, they attracted $950 million in the
first 13 minutes of launch as reported by the #company.
WOZX went from $0.10 per token to almost $3.50 in a week.
It has now gained $2.5+ #billion on #Singapore-based #HBTC #exchange.
• Essentially, WOZX can be used to buy into energy-efficiency #projects that
#energyservices companies can list on its #platform.
• #Efforce then #validates the project, and #develops it with the company
(evaluate #investment need, calculate #returns, and create an EPC that details
savings and duration of returns).
• The project is then listed for #crowd distribution, where #participants may
invest using WOZX #crypto.
These energy savings can be tracked through smart meters attached to the
blockchain, which is displayed on an #investor's profile as an energy #credit
for use or sale.
Can they be the next #Apple of the #tech space?
What do you think?
Posted by Tathagata Baya on LinkedIn
link: linkedin.com/in/tathagatabaya
On Dec 3rd, Steve #Wozniak, Apple's co-founder launched his new #cryptocurrency
- WOZX.
#WOZX was launched for his new venture, EFFORCE, an environmental #blockchain
company that he joined last year.
They aim to enable any #investor to "help the #planet" and disrupt the $241
billion #energyefficiency market.
With a $80 million #valuation pre-launch, they attracted $950 million in the
first 13 minutes of launch as reported by the #company.
WOZX went from $0.10 per token to almost $3.50 in a week.
It has now gained $2.5+ #billion on #Singapore-based #HBTC #exchange.
• Essentially, WOZX can be used to buy into energy-efficiency #projects that
#energyservices companies can list on its #platform.
• #Efforce then #validates the project, and #develops it with the company
(evaluate #investment need, calculate #returns, and create an EPC that details
savings and duration of returns).
• The project is then listed for #crowd distribution, where #participants may
invest using WOZX #crypto.
These energy savings can be tracked through smart meters attached to the
blockchain, which is displayed on an #investor's profile as an energy #credit
for use or sale.
Can they be the next #Apple of the #tech space?
What do you think?
Posted by Tathagata Baya on LinkedIn
link: linkedin.com/in/tathagatabaya