According to ICOWatchlist (icowatchlist.com/finished), the POWR Coin from Power Ledger has exploded more than 1,400% after it's ICO.
Power Ledger (powerledger.io/) plays in the Energy/Utilities space, and the POWR coin uses blockchain technology as a peer-to-peer energy trading platform enabling consumers and businesses to share excess solar power with their neighbors.
Amongst the many benefits, this type of Platform Application enables electricity metering, big data acquisition, rapid micro-transactions and grid management at an unprecedented granular scale. Trading in embedded networks breaks the nexus between generation ownership and energy consumption meaning value can be derived from an investment in DER even if the investor is absent or doesn’t consume all the energy they generate.
Power Ledger is only the latest successful ICO in the energy/utilities space. Follow us for more information.
