Steve Wozniak, Apple is co-founder, is dedicated to developing a new blockchain project called Efforce. With the purpose of funding energy-efficient projects, Efforce recently launched its token WOZX on HBTC.com, a 100% Token Holder Owned Trading Platform. The cooperation between a high-tech team backed by Wozniak and a leading team from the blockchain industry has shown an ambition that may end up a revolution to the existing environment and energy industries.
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“We created Efforce to be the first decentralized platform that allows everyone to participate and benefit financially from worldwide energy efficiency projects, and create meaningful environmental change”
Linking the financing contributors and the energy savers—the first blockchain platform that makes the energy efficiency market accessible to everyone.
After the success with Apple, Steve Wozniak has long been attracted to the technology of blockchain and the use of cryptocurrencies. As a believer of the yet young but rapidly raising blockchain industry and cryptocurrency economics, Wozniak, along with other industry experts, have started an energy-efficiency company named Efforce. Efforce is a blockchain-based energy saving trading platform which provides an innovative way for companies to funding energy-efficient projects and saving energy expenses. By adopting the blockchain technology and launching a token named WOZX, Efforce allows contributors to fund the efficiency improvement projects by investing in WOZX and get repaid in tokens representing the energy savings achieved.
The energy efficiency market has always been a complex financial system with barriers for retail investors to make contributions. However, with the innovative business model launched by Efforce, anyone who is interested in contributing or investing in the energy saving projects can now easily access the market. On the other hand, companies who wish to implement solutions on its energy system or start the energy efficiency improvement projects no longer need to worry about the lack of fund or go through the tedious funding processes, instead, they will be able to negotiate its energy savings directly with consumers or contributors from the open market. Tokenization will play an important role in the funding process. With the issuance of WOZX, a contractual relationship between the contributors and the companies that need funds for their energy efficiency projects can be formed. The energy saved as a result of the energy efficiency projects will be tokenized back to WOZX and distributed to the contributors.
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“We created Efforce to be the first decentralized platform that allows everyone to participate and benefit financially from worldwide energy efficiency projects, and create meaningful environmental change,” as Wozniak stated. The goal to decentralize the $241 billion energy financing market is just like what Apple aimed in popularizing personal computers.
WOZX launched on HBTC.com, the exchange that secured by the best-in-class trading systems and adopts rigorous asset selection processes
As the most important part of realizing Efforce’s ultimate goal, the token WOZX has been carefully designed and issued. The Wozniak team has chosen HBTC.com to first launch the WOZX. The cooperation is a natural choice given HBTC’s superior technology practice, renowned industry reputation, and industry-leading trading experience.
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