Power Ledger (POWR)
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Power Ledger Price: $0.117023 0.11%
What is Power Ledger?
Power Ledger (POWR) is an Australian blockchain-based cryptocurrency and energy trading system that allows for decentralized selling and purchasing of renewable energy. The platform provides access to consumers to many different energy markets around the globe and is supposed to be scalable to power infrastructures and regulations.
The marketplace is based on a dual-token ecosystem working on POWR, two blockchain layers and Sparkz. POWR tokens allow hosts and consumers providing power to port with the ecosystem and therefore are secure through Smart Bond technology. POWR tokens can be converted into Sparkz tokens, which can be used for frictionless trades in the energy market market.
The initial coin offering for POWR tokens became the greatest crowd financing endeavor in Australia and the 14th highest in the world.
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