Power Ledger POWR

Power Ledger's price today is $0.04, with a 24-hour trading volume of $671,050. POWR is down 7.21% in the last 24 hours and ranks #668 by market cap.

Power Ledger is the first Australian based ICO whose objective is to decentralize and create an efficient trading platform for digitalized energy assets through the Ethereum blockchain network. Power Ledger basically brings the renewable energy market place straight to POWR holders.

This way they can easily and freely trade unused renewable energy when available because special Power Ledger DApps can monitor each user’s renewable energy consumption. If excess energy is detected, then it is sold in exchange for POWR tokens which the fuel is running the Power Ledger blockchain. The amount of energy units sold is measured in Sparkz Token. Each token is fixed to say a Dollar or Euro depending on country. You first need to have POWR tokens which can then be converted to Sparkz tokens.

Power Ledger has some special applications to facilitate this smart and secure energy economy. Users can for example, take advantage of Autonomous Asset Management applications which enables trading of energy and transfer of POWR/Sparkz tokens. Moreover there is a Carbon Trading application that rides on smart contracts and comes in handy for those wishing to carbon trade. Other apps include Power ports, Electric Vehicle and Distributed Market Management.

Founders: Dr Jemma Green
Release date: November 1, 2017
ICO End date: October 6, 2017

What type of cryptocurrency is Power Ledger?

The POWR token on the Power Ledger network is classified as a type of Currency.

What is Power Ledger's all-time high (ATH)?

On January 6th, 2018, Power Ledger hit a historic high of $1.89, 8 years ago.

What is Power Ledger's all-time low (ATL)?

On March 12th, 2020, Power Ledger bottomed out at $0.0326253700, 6 years ago.