- Apple co-founder Steve Wozniak started a new company called Efforce.
- It focuses on energy efficient technologies and decentralized networks.
- A new token has been introduced: WOZX.
Grizzled engineer and Apple co-founder Steve Wozniak launched a cryptocurrency for Efforce, the environmental investment platform he runs joined last year.
WOZX token appeared for the first time on the HBTC exchange yesterday and they’re coming to Bithumb Global next week. Currently the coin is worth just over a dollar and the supply of WOZX is limited to 1 billion tokens.
Efforce will be after his websiteCreate incentives for users to finance energy-efficient projects with the promise of “symbolized future savings”.
Efforce passes on the savings achieved through these collective investments (such as insulation that lowers electricity bills) to “contributors” via a cryptocurrency called Efforce (whose ticker name is WOZX).
According to the company’s Twitter account, some DeFi troublemakers have a token is listed with the WOZX ticker symbol on Uniswap in October to benefit from the hype surrounding Wozniak’s new company.
And although Woz is listed as a “co-founder” on the company’s website and is certainly the global face of Efforce, the financial analyst and environmental data specialist Jacopo Visetti runs the show as “project manager”. In 2010 Visetti co-founded the company behind Efforce – AitherCO2.
No word yet on what types of companies can or cannot invest on the Efforce platform.