Efforce · About

Efforce is a project based on cryptocurrency that aims to promote energy conservation. It seeks to benefit from the rapidly expanding energy efficiency market by providing a platform where contributors can profit from the energy savings of global energy efficiency initiatives. The project addresses three main challenges: the complexity of connecting contributors and savers, the large investments needed to enhance energy efficiency, and the current financial returns available. The founders established the platform to bring together those interested in improving building and industrial process energy efficiency with contributors seeking rewards for their energy-saving efforts. Efforce’s native cryptocurrency is WOZX, a utility token with a total supply of 1,000,000,000 tokens, with no plans to mint additional tokens.

How does Efforce work and what are its key features? Efforce enables the tokenization of energy savings, allowing companies or other entities to negotiate directly with consumers and contributors. The platform primarily comprises savers, contributors, and consumers. Savers are companies that want to upgrade their energy efficiency but lack the resources or expertise, using Efforce to crowdfund their projects in exchange for a share of the resulting savings. Contributors can invest their knowledge and receive Efforce tokens for their participation, utilizing an auction mechanism to buy future energy savings via smart contracts. Consumers are users interested in purchasing energy savings generated by third parties. Token holders can access listed energy-saving projects, each with its own digital wallet where energy savings (in KWh) are tokenized.

Where can you buy WOZX? WOZX tokens are traded on various centralized and decentralized exchanges, with Huobi Global and Gate.io being the most popular and liquid platforms.