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Vlux

Vlux

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favicon Vlux vlux.io
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Status
Closed

AVERTISSEMENTThe vast majority of ICO are only vulgar ponzi scheme scams

Presentation
Peer-to-peer energy and data trading protocol.

Company overview
VLUX combines deep learning AI with blockchain, to improve access to affordable, low carbon energy by enabling peers to trade.
Using VLUX's existing energy monitor ("Verv"), VLUX obtains a comprehensive and real-time overview of the electricity consumption of a home.
Combining this with blockchain technology, VLUX aims to provide a secure and transparent ledger through which energy (and consumer data in a GDPR compliant fashion) can be traded on a p2p basis.
Green Running, the parent company of VLUX, was founded in 2009 with the initial focus on reducing energy consumption within the commercial market.
VLUX believes their blockchain-based trading platform represents a powerful solution to enable decentralized control and production of energy at the grid edge.
VLUX is an ERC20 token with limited supply.
VLUX tokens will be used for every single transaction within the network.
VLUX Tokens will be utility tokens providing participation and reward capabilities within the network.
There is a staking function, as local aggregators have to hold tokens.
There is a 1% burn function on all transactions in the network.
Tokens allocation:
70% of the total supply of tokens will be distributed to the public.
10% will be reserved for distribution among the first 500,000 VHH units sold.
20% of the tokens will be kept by the company - 10% will be kept for the VLUX float and 10% will be reserved for future growth.
Specs
PlatformETH
Start Date2018-07-04
End Date2018-07-07
Completed
Raised Amount (in dollar) N/A
Category Infrastructure
Languageenglish
Monitored since2154 days
Accepted countries All
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