Buy Efforce (WOZX)
What is Efforce?
Efforce is a decentralised platform designed to democratise the energy efficiency industry. It allows individuals to participate in worldwide energy efficiency projects and benefit financially from the energy savings generated by these projects. Utilising blockchain technology, Efforce aims to provide transparent, secure, and efficient ways to invest in energy-saving initiatives.
How does Efforce work?
Efforce operates using the Ethereum blockchain to facilitate energy efficiency projects. It employs smart contracts, specifically Energy Performance Contracts (EPCs), to manage and redistribute energy savings to investors and token holders. These contracts ensure accuracy and eliminate intermediaries by using verified energy consumption and savings data. Furthermore, Efforce tokenises energy savings through WOZX tokens, enabling broad participation in energy-saving projects regardless of financial capacity or technical knowledge.
What are the potential use cases for Efforce?
Efforce offers several potential applications:
- Energy Efficiency Projects: Companies can use Efforce to crowdfund their energy efficiency plans, offering returns to investors based on actual savings.
- Tokenized Energy Savings: Energy savings are converted into tradable tokens, facilitating faster and cheaper transactions.
- Sustainable Energy Solutions: It encourages the funding of eco-friendly methods such as solar installations, promoting broader adoption of sustainable energy.
What is the history of Efforce?
Efforce was founded in January 2018 by Steve Wozniak, co-founder of Apple, along with co-founders from AitherCO2, an Italian company. The token WOZX launched on the HBTC exchange on December 3, 2020, marking a significant milestone as it quickly rose in market value. Efforce's platform development centres on using the Ethereum blockchain for smart contracts, allowing companies to fund energy efficiency initiatives through cryptocurrency. Despite notable achievements and partnerships, the platform has limited market adoption since its inception.
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Frequently Asked Questions (FAQs)
What is the current price of Efforce (WOZX)?
The Efforce price is $0.00530682 AUD, representing a -1.28% from the day prior.
Where is the best place to buy Efforce (WOZX) in Australia?
The best place to buy Efforce (WOZX) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Efforce (WOZX) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Efforce (WOZX)?
The trading volume of Efforce (WOZX) is $19.1K AUD in the last 24hrs, representing a -1.28% from the day prior.
How can I buy Efforce (WOZX)?
Efforce (WOZX) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Efforce (WOZX)?
The current market cap of Efforce (WOZX) is $3.1M AUD.
Can I convert Efforce (WOZX) to cash?
Yes - With Coinstash you can convert your Efforce (WOZX) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Efforce (WOZX) are there?
The current circulating supply of Efforce (WOZX) is 618.9M.
Is Coinstash a safe place to buy Efforce (WOZX) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Efforce (WOZX) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.