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I. Project Introduction
EFFORCE, the first blockchain-based platform, allows everyone to participate and benefit from global energy efficiency projects. In an era where new technologies, new business models, and new concepts are emerging, EFFORCE combines blockchain technology and its engineering expertise. When the energy efficiency projects are implemented, the technology of the Internet of Things is also applied, and the data of energy savings will be uploaded to the blockchain. Companies benefit from energy efficiency improvements and the resulting energy savings are written into the blockchain. A smart contract redistributes the resulting energy savings to token holders and the companies without intermediaries based on exact consumption/savings data. At the same time, EFFORCE combines blockchain technology with finance instruments, which entitles people worldwide to participate in energy efficiency projects through the EFFORCE platform.
II. Token Information
1) Token Basic Information
- Token symbol: WOZX
- Total token amount and circulating supply : 1,000,000,000；330,250,000
- Price of tokens for early investors: 0.1 USDT
- TGE date: December 3, 2020
2) Token Distribution and Release Schedule
Category | Share of Total Supply | Release schedule |
Private Placement | 45% | The 45% of the private placement is divided into two parts, the first 38%of which will be linearly released in one year, with 285,000,000 in total unlocked by the end of August and the rest will be released in three months. The second 7% of the private placement will be released linearly over three years, with 17,500,000 in total unlocked by the end of August, and the rest will be released in 27 months. |
EFFORCE Ltd | 20% | The release rule is a linear release of 20%, and all tokens will be released in 20 years. By the end of August, 7,500,000 in total have been released, and the rest will be released within 231 months. |
Mining Incentives | 20% | Since the mainnet has not yet been launched, this portion has not yet been unlocked. It will be mapped to the mainnet after the mainnet is launched, and then the miners can mine them. |
Ecosystem and Consultants | 15% | The release rule is linear release within 67 months. By the end of August, 20,250,000 in total have been unlocked, and the rest will be released within 58 months. |
Total | 100% | / |
Table 1：Token Distribution and Release Schedule Table
III. Related Links：
Official Website: https://www.efforce.io/
Whitepaper: https://www.efforce.io/wpdirect
Blockchain Explorers: https://etherscan.io/token/0x34950Ff2b487d9E5282c5aB342d08A2f712eb79F
Communities：
- Telegram: https://t.me/EFFORCE_ICO
- Medium: https://medium.com/efforce
- Facebook: https://www.facebook.com/EFFORCE/
- Twitter: https://twitter.com/efforceofficial
- LinkedIn: https://www.linkedin.com/company/efforce/
Note:
The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, erroneous, or omit crucial information. Huobi does not take responsibility for any resulting direct or indirect losses.
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