Apple Co-Founder Steve Wozniak's latest project is 100% blockchain and cryptocurrency based! It's called EFFORCE, and via a security token, the public will be able to invest in, and fund large-scale energy efficiency projects.
With the most expensive part of switching to renewable energy sources now covered by investors instead of their budget, companies will be more willing to participate. The investors reward comes when the company shares some of what they save on power costs with the investors, as dividends paid to holders of their security token.
In the short clip above, Wozniak explains why they decided the project should be tokenized!
Video Courtesy of Efforce
Video Courtesy of Efforce
No comments
Post a Comment