Steve Woznia, founder of Apple’s EFFORCE, said in return that his list of WOZX tokens has increased the company’s market value tenfold to $ 950 million, according to the New York Post.
On Thursday, December 3, the currency began trading in the HBTC cryptocurrency exchange. Starting at $ 0.1, the WOZX has risen above $ 1.42 at its peak. At the time of writing, the token budget is about $ 1.26.
WOZX is expected to be listed on South Korea’s Bithumb platform next week.
EFFORCE aims to facilitate the financing of energy efficiency projects using blockchain and cryptocurrencies.
“We created EFFORCE to be the first decentralized platform to participate in and benefit from energy efficiency projects around the world, as well as to make significant changes to the environment,” Wozniak said.
Investors can purchase and use the company’s tokens to participate in projects hosted on its platform. EFFORCE controls energy savings and returns them to investors as energy loans that can be used or sold.
According to co-founder Jacopo Vizetti, many small businesses find it difficult to find the money to implement effective energy solutions that will save them money in the long run.
“EFFORCE allows business owners to securely register their energy modernization project on the Internet and receive funding from all types of investors around the world,” he stressed.
Wozniak became one of the founders of EFFORCE last year. According to the company, EFFORCE has spent most of its time building the architecture of its blockchain platform and maintaining the first batch of test projects.
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