Verv (VLUX token) ICO

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ICO details

VLUX by Verv - Live energy trading protocol

At Verv, we believe it’s time to challenge the status quo and bring energy into the digital economy.

By combining our deep learning Artificial Intelligence with disruptive blockchain technology, we have developed a Peer-to-Peer (P2P) energy trading platform that aims to put power back into the hands of the consumer, all the while improving access to affordable, green energy.

What is a VLUX token?

VLUX (VLX) is a utility token which is being created in order to enable token holders to access our blockchain-based energy trading network and benefit from low cost, low carbon energy. Tokens are exchanged within the network for KWh energy which is then directed to the user for their consumption needs.

We’re using blockchain technology with the aim of providing an inherently secure platform which uses a decentralised distributed ledger to keep continuously updated digital records of who owns what. Importantly, with the platform distributed across multiple nodes, having a trading system built on the blockchain aims to ensure its recorded value can be maintained.

The system also has a second key utility where users can sell their own energy, appliance usage and information data, automatically generated using Verv, on the platform to third parties and use it to further offset their energy bills.

Pre Sale

Starts 2018-04-04

Ends 2018-05-26

Token Sale

Starts 2018-05-28

Ends 2018-05-31

Introduction video

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Verv (VLUX token) has no bounties.

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