WOZX soared 1.400% Here's why you should invest
Since its launch of WOZX on the world's largest cryptocurrency trading platform, HBTC, on December 3, the value of the WOZX cryptocurrency has increased by 1400% in one week. Apple co-founder Steve Wozniak created WOZX and launched it as part of the Efforce (Energy Efficiency and Environmental Blockchain Initiative) project. At the same time, according to the entrepreneurship portal, the cryptocurrency attracted US $ 950 million in the first 13 minutes of HBTC, and the price reached US $ 1.41 per unit last Monday.
Wozniak explained, "We created Efforce, making it the first decentralized platform that allows everyone to participate in and benefit from energy efficiency projects around the world and create significant environmental change.
EFFORCE is proud to announce its official #WOZX token listing on two leading #exchanges this coming December 3rd, 2020!#energyefficiency #Token #blockchain #wozhttps://t.co/wlpvrJS2lV
— Efforce (@EfforceOfficial) December 1, 2020
mpelled by huge investor interest, WOZX surged nearly 1,400 % since it began trading, rising from an initial price of $0.1 to $1.41 at one point on Monday.
As announced Efforce, the token will begin trading on a smaller exchange, Bithumb Global, this week.
What is EFFORCE?
Efforce aims to democratize access to energy efficiency projects and investment opportunities. By Apple co-founders Steve Wozniak (Steve Wozniak), Jacob Visetti (Jacopo Visetti), Jacopo Vanetti (Jacopo Vanetti) and Andrea Casti Efforce, co-founded by Andrea Castiglione, believes in a world where sustainable development produces enormous benefits without the need for consumers to change energy behavior.
How does EFFORCE work?
With the Efforce platform, the project financing and execution process is streamlined:
- ESCOs register a planned energy efficiency project which is then validated by the Efforce team.
- Efforce develops the project with the company, including assessing the need for investment, calculating the anticipated return and creating an Energy Performance Contract (EPC) detailing the savings and duration of returns for the company and investors.
- The platform then lists the project for crowd contribution. Participants can buy into the project using fractional or full WOZX tokens.
- Efforce measures energy savings in these projects through smart meters connected to the blockchain. The savings data is uploaded to the investor's profile as an energy credit for use or sale by the investor. Energy credits are distributed in megawatt-hours.
- The company is led by executives familiar with the energy efficiency sector. Visetti previously founded AitherCO2, based in Milan, with annual revenues of $$ 240 million and no external investment funds. Wozniak was attracted to Efforce for its unique approach to democratizing energy efficiency, and this is the only company he has been involved in as a co-founder since Apple.
The company stated that the new cryptocurrency attracted $ 950 million in the first 13 minutes after departing. Strong investor interest has seen WOZX rise by almost 1,400% since it began trading. Its initial price was US $ 0.1 (2 Mexican pesos) and this Monday it reached US $ 1.41 (27.85 pesos) a unit.
Where to buy the new wozx cryptocurrency?
According to the company's white paper, Efforce is a "blockchain-based energy savings business platform" that "brings together those who want to improve the energy efficiency of their buildings or industrial processes with a group of interested contributors ??in the payback. Energy savings achieved ". In other words, WOZX is awarded to those who participate in the Efforce energy savings program. Coin holders can also participate in decisions related to the Efforce platform.
How do you buy? Well, WOZX is currently only available on HBTC, a cryptocurrency exchange. It will be available for purchase on Bithumb Global next week. To buy WOZX, you must create an account on the exchange. HBTCThe process takes a few minutes. Then, once on the exchange, you will not be able to buy WOZX directly, you will have to buy the currency paired with it: Tether (USDT), a stable currency pegged to the US dollar.
https://www.hbtc.com/ is currently the only platform where you can buy this cryptocurrency, although the same page has temporarily disabled to buy this cryptocurrency due to maintenance. In the same way we always recommend you to investigate on your own how you can invest in this cryptocurrency.
Buying USDT on HBTC is easy; to do so, connect your bank or credit card to the platform and click the buy button. Once USDT is in the market, you can use it to buy WOZX. You can also move USDT you've bought on other exchanges, such as Coinbase and Binance, to HBTC, and then use that USDT to buy the new Woz token.
If you want to be one of the first to use Wozniak's new cryptocurrency, you can trade on one of the lesser-known exchanges, which is easy.
HBTC will include the WOZX / BTC trading pair at 16:00 on December 8 (UTC + 8) to provide better liquidity solutions for our users. Thank you for your continued support.
About WOZX
Efforce is the first blockchain-based platform that enables everyone to participate in and benefit from global energy efficiency projects. Efforce combines blockchain technology and the extensive engineering expertise of its team. When energy efficiency projects are implemented, the savings generated will be tracked through the Efforce architecture and uploaded to the blockchain thanks to the support of Internet of Things capabilities. Ratepayers directly participate in the savings generated through the projects. Businesses directly benefit from energy efficiency improvements, as lower energy consumption results in the direct ability to lower their cost structure and reduce their carbon footprint on the environment. At the same time, Efforce combines blockchain technology with a novel financial instrument.
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