Important Notice
Deposits and withdrawals are not currently available for this coin.
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.
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.
Efforce offers several potential applications:
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.