Verv - Live Energy & Data Trading Protocol

VLUX is launching an Initial Token Offering (ITO) in order to create VLUX tokens that will enable energy to be traded on the renewable energy trading platform that it has developed. By combining deep learning AI technology with blockchain, VLUX's peer-to-peer (p2p) energy trading platform aims to improve access to affordable, low carbon energy.

ICO Status

Status
Successful
Symbol
VLUX
Start Date
2018-04-04
End Date
2018-05-28
Hard Cap
35,000,000 USD
Initial Price
1 VLUX = 0.5 GBP
Token Supply
...
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Basics

PlatformEthereum
TypeERC20
AcceptingETH
Circulating Supply70%
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

VLUX by Verv - Live energy trading protocol

At Verv, we believe it’s time to challenge the status quo and bring energy into the digital economy.

By combining our deep learning Artificial Intelligence with disruptive blockchain technology, we have developed a Peer-to-Peer (P2P) energy trading platform that aims to put power back into the hands of the consumer, all the while improving access to affordable, green energy.

How?

Our AI-based smart hub, Verv, which can obtain a comprehensive and real-time overview of the electricity consumption of a home, forms the basis of our p2p framework.The specialised AI used in our Verv smart hub provides us with the opportunity to add a unique layer of intelligence to the trading process. With an ability to predict the supply and demand of energy of a home, our intention enables trading to be done at optimal times in advance, reducing costs and prioritising green energy consumption.

With two government-backed P2P projects now underway, and having just executed the first peer-to-peer trade of energy on the blockchain in the UK, we are looking forward to the next step on our journey to digitising energy; creating a VLUX Token.

Team View All

Ewald Hesse
Ewald Hesse
Head of Grid Singularity
James Roy Poulter
James Roy Poulter
CEO at Blockchain Reserve
James Cameron
James Cameron
Chairman at Verv
Francis Griffiths
Francis Griffiths
Non-executive director at Verv
Peter Davies
Peter Davies
CEO & Founder
Maria McKavanagh
Maria McKavanagh
COO