ICOs Verv (VLUX token)

Verv (VLUX token)

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.
Infrastructure Energy Cryptocurrency Big Data Artificial Intelligence Platform Software

About Verv (VLUX token)

What is VLUX?

Peer-to-peer energy and data trading protocol.

Team

Ewald Hesse

Ewald Hesse

Head of Grid Singularity

James Roy Poulter

James Roy Poulter

CEO at Blockchain Reserve

Bruce Pon

Bruce Pon

Founder of BigchainDB and Ocean Protocol

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

Conrad Spiteri

Conrad Spiteri

CTO

Steve Foster

Steve Foster

CFO

Michael Jary

Michael Jary

Managing Director

Q1 2015 - Verv Created

--- Verv, the AI-based smart hub was created.

Q2 2015 - Seed Funding

--- Verv received seed funding from Ignite (the social impact arm of Centrica PLC, the parent company of British Gas).

Q3 2016

--- Verv started researching blockchain-based energy trading.

Q4 2016 - Awards

--- Verv CEO & Founder won Innovator of the year at the Business Green Technology Awards and was named one of the top 50 entrepreneurs in the last 15 years by SETSquared.

Q1 2017

--- Verv started gathering real home electricity data for energy trading trials.

Q2 2017 - Launchpads

--- Verv was one of a handful of companies in the UK selected to be on Launchpad, Google’s global startup program, as well as Amazon’s Launchpad.

Q3 2017 - Government Grant For P2P Simulation

--- Verv received a £150k grant from BEIS’ Energy Entrepreneur's fund to simulate its blockchain based peer-to-peer energy trading solution across the UK.

Q4 2017 - Crowdfunding Raise

--- Raised £1.1million via equity raise on Crowdcube.

Q1 2018 - Implementation Of P2P Community In The UK

--- Verv is implementing a p2p trial site located in Hackney, London, UK alongside Repowering London aiming to reduce energy bills of residents and start trading surplus energy. Public Blockchain - Transactions expected to be made visible on the Ethereum public Testnet (Ropsten).

Q2 2018 - Technology Development

--- More advanced electrical generation and consumption prediction algorithms expected to be introduced into live system. Planned deployment of Verv’s combined three channel CAD units. With regards to blockchain, the plan is to transition to a private permissioned blockchain, minimising the carbon footprint of the blockchain solution.

Q3 2018 - Engaging Early Adopters

--- Planned roll out of the energy trading platform to early adopters for trial. Scheduled beta test of Macro Blockchain - a blockchain of blockchains containing digests of transactions anticipated to be rolled out to our trial sites.

Q4 2018 - Product Development

--- Planned integration of the energy trading platform into the new generation of Verv hubs, scheduled for public roll-out in 2019. Planned establishment of International system.

Q1 2019 - Full Scale International Roll-Out

--- Fully operational foundation planned for International roll out. Scheduled inclusion of next generation of apps and third party services.

Token Info

Token VLUX
Platform Ethereum
Type ERC20
PreICO price
Price in ICO 1 VLUX = 0.67 USD
Tokens for sale

Investment Info

Min. Investment
Accepting ETH
Soft Cap
Hard Cap 35000000 USD
VISIT ICO WEBSITE
Token VLUX
preICO Price N/A
Price 1 VLUX = 0.67 USD
Bonus N/A
Bounty N/A
MVP/Prototype N/A
Platform Ethereum
Accepting ETH
Minimum Investment N/A
Soft cap N/A
Hard cap 35000000 USD
Country UK
Whitelist/KYC KYC & Whitelist
Restricted areas United States, China