Efforce WOZXPrice $ 0.000562

Efforce is a cryptocurrency-based project that focuses on energy saving. It hopes to be able to capitalize on the rapidly growing energy efficiency market and is the first platform allowing contributors to benefit from the energy savings of global energy efficiency projects. In particular, Efforce aims to tackle three main problems: complexities of linking contributors and savers, large sizes of investments required to improve energy efficiency, and the type of financial return currently on offer.

The founders created the platform to unite those interested in improving the energy efficiency of buildings and industrial business processes with contributors interested in earning rewards representing energy savings. 

Efforce’s native cryptocurrency is WOZX. It functions as a utility token. WOZX has a total supply of 1,000,000,00, there will be no new tokens ever created.

What are Efforce's key features and how does it work?

In essence, Efforce facilitates the tokenization of energy savings allowing companies or any economic entity to negotiate its energy savings directly with Consumers and Contributors. The three main components of the Efforce platform are savers, contributors, and savers.

Firstly, companies seeking to improve their energy efficiency that do not have the necessary resources or technical knowledge are referred to as savers. They can use Efforce to crowdfund for their energy redevelopment projects in exchange for sharing the generated savings. 

Contributors interested in developing energy-saving and efficiency projects can contribute their knowledge to companies looking to implement programs and receive Efforce tokens in return. They can use the Efforce auction mechanism to buy future savings generated by energy efficiency projects. This is ensured via a set of smart contracts.

Consumers are users who would like to buy energy savings generated by third parties.

Token holders will be granted access to the energy-saving projects listed on the platform. Each project has its own wallet on the platform where the KWh saved via initiates will be tokenized.

Where can you buy WOZX?

WOZX is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Huobi Global and Gate.io.