PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of WOZX, being available to trade on the 21st April 2021 at 10:00AM UTC. WOZX was created by the EFFORCE team, including Apple Co-founder Steve Wozniak, as the energy savings token to allow contributors of their EFFORCE platform to benefit from the energy savings generated by efficiency projects worldwide. WOZX will start trading with ETH and USDT pairs.
At the same time EFFORCE opens to the public its software platform after finishing the closed beta and launching the new EFFORCE Genesis Pool (https://app.efforce.io/).
In a constant effort to bridge the gap between the retail market and energy efficiency, the EFFORCE team spent the past few months designing a product roadmap which will help create an increasing understanding about a rather complex, multi-party ecosystem.
What is EFFORCE?
The Energy Efficiency market is a complex financial system. Thanks to EFFORCE, this market is becoming easily accessible to everyone for the first time. The linking between the financing partners and those in need of investments to improve the energy efficiency of their structures is made possible by Energy Service Companies (E.S.Co).
Through Energy Performance Contracts (EPC), these structured companies are able to generate returns on initial contributions: energy efficiency translates into savings in bills for the beneficiaries. The EFFORCE platform solves the three main problems of the energy efficiency market:
- The difficulty of putting contributors and savers in contact.
- The size of the contribution required.
- The type of financial return.
Through EFFORCE, energy saving financed by the contributor is tokenized and used or sold to energy-intensive consumers, who can thus stop paying their bills.
