The price of Apple co-founder Steve Wozniak’s new symbol, Efforce (WOZX), has almost doubled today after a staggering series of price increases 26 times in the last week.

WOZX opens for trading on the South Korean stock exchange Bithumb on December 9 and has grown by 2490% since it was listed on HBTC on December 3. It opened at $ 0.10 per symbol and is currently trading at $ 2.59. …

The WOZX Ethereum blockchain token is a way to provide energy savings. The token has a total supply of $ 1 billion, and it was sold in private financing rounds earlier this year, with an initial valuation of $ 80 million.

According to the company, codenamed Efforce, the company’s market value was $ 950 million in the first 13 minutes of trading.

This is Wozniak’s second blockchain project since he co-founded Apple in his parents’ garage in 1976. Ivors, by marketing itself as “the first blockchain-based energy-efficient platform, aims to help significantly reduce energy consumption. does not break the behavior. ”Current person or routine.

WOZX tokens will be used on the platform by participants who want to participate in energy saving projects, as well as as a reward depending on how much energy is saved by the user.

Wozniak at Efforce has been joined by co-founders Jacopo Vizetti and Jacopo Vanetti, who are project manager and CTO, respectively. The company was founded in 2019 and is headquartered in Malta, a country that is considered by many to be a friend of blockchain companies.

In a December 4 announcement, Visetti described how Efforce will help democratize the energy efficiency market by connecting investors to energy-saving projects.

“Energy efficiency is a way to create a sustainable future, and it’s a way to tackle climate change, reduce carbon emissions and make money from doing so.”
In October 2018, Wozniak founded the blockchain-based venture fund EQUI Global in an attempt to disrupt venture capital and the financial industry.

Source: CoinTelegraph