What is Power Ledger
The Power Ledger Token is the fuel of the Power Ledger Ecosystem with bespoke private trading applications creating Sparkz in exchange for POWRs. Sparkz are currently purchased and redeemed using fiat currencies with individual trading platforms hosting closed-loop exchanges for energy and Sparkz.
The Power Ledger Ecosystem supports a growing number of energy trading applications. The key classes of Platform Applications developed by Power Ledger are listed below:
- P2P Trading: This class of Power Ledger Platform Application gives retailers the ability to empower
consumers to trade electricity with one another.
- NEO Retailer: This class of Power Ledger Platform Application provides Neoretailers with demand and supply management.
- Microgrid: This type of Power Ledger Platform Application enables electricity metering, data acquisition, rapid micro-transactions, and grid management at granular scale.
- Wholesale Market: This Power Ledger Platform Application class offers dispatch and management, data aggregation, reconciliation.
Power Ledger is working with property developers, one of which is Sustainable Settlements at the Witchcliffe Ecovillage. Power Ledger supports the creation of sustainable urban settlements.
Public sales: Aug 25, 2017 – TBA
Raised: 26,000,000 USD
Blockchain Platform: Ethereum
Office address: Geneva Place, Waterfront Drive, P.O. Box 3469, Road Town, Tortola, British Virgin Islands
Token price in USD: 1 POWR = 0.088 USD
Accepted currencies: BTC, ETH, LTC and FIAT
70 % of funds will be used to fund Power Ledger’s Ecosystem and Platform Development and Operations, where 30 % of funds may be used for purchasing renewable assets; and 40 % of funds will be used to fund Power Ledger’s Platform Development. • 15 % of funds will be used to fund marketing expenses. • 15 % of funds will be used to meet other general operational costs.