The last few days has seen the burgeoning Power Ledger community abuzz with speculation on the imminent involvement of the crown prince of distributed energy hype, Mr Elon Musk of Tesla and SpaceX. From the Telegram channel:
Power Ledger are almost halfway into their initial coin offering and community members have been reaching out to draw Elon’s attention to a real gamechanger for the next generation of energy transformation.
His interest would not come as a surprise. Musk hopes his ventures will turbocharge the distributed solar revolution, driving uptake of solar roofs and Tesla EVs. Getting on board the token which harnesses incentives and network effects to create a global army of clean energy evangelists looks like a winner. He’s also one of the thought-leaders most likely to grasp the urgency of a platform for coordinating our democratised energy future.
But contrary to the hopes of some of my friends on the Power Ledger boards, I personally doubt we’ll be hearing from Elon any time this week. Power Ledger is running an uncapped crowdsale (token price = contributions received divided by # of coins), so if he takes a position he certainly won’t want to see his stake diluted by his own hype.
My guess is you’re not an investor who brings along the same hype :-P Buying in early is still an option to take advantage of the staircase bonuses. And even if Musk doesn’t make a post-crowdsale hype announcement, with exciting pilots underway in Australia and New Zealand, interest from energy market operators, and imminent global Power Ledger deployments, these reputation boosting announcements are just a matter of time.
We’re at the intersection of two of the biggest transformations the world economy is likely to see in our lifetimes – blockchain and energy. Best get your spacesuit ;-)
Disclosure: I’m contributing to Power Ledger's crowdsale, believe in the project, and hope others do the same :-)