At Verv, we believe it’s time to challenge the status quo and bring energy into the digital economy. By combining our deep learning Artificial Intelligence with disruptive blockchain technology, we have developed a Peer-to-Peer (P2P) energy trading platform that aims to put power back into the hands of the consumer, all the while improving access to affordable, green energy. How? Our AI-based smart hub, Verv, which can obtain a comprehensive and real-time overview of the electricity consumption of a home, forms the basis of our p2p framework.The specialised AI used in our Verv smart hub provides us with the opportunity to add a unique layer of intelligence to the trading process. With an ability to predict the supply and demand of energy of a home, our intention enables trading to be done at optimal times in advance, reducing costs and prioritising green energy consumption. With two government-backed P2P projects now underway, and having just executed the first peer-to-peer trade of energy on the blockchain in the UK, we are looking forward to the next step on our journey to digitising energy; creating a VLUX Token.

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ICO’s Details

  • GENERAL INFORMATION
  • Pre-ICO Opening Date:

    Fri, May 4th, 2018 12:00 AM

  • Pre-ICO Closing Date:

    Mon, May 28th, 2018 12:00 AM

  • ICO Opening Date:

    Wed, Jul 4th, 2018 12:00 AM

  • ICO Closing Date:

    Sat, Jul 7th, 2018 12:00 AM

  • Country of Origin:

    UK

  • TOKEN DETAILS
  • Symbol:

    VLX

  • Blockchain Type:

    Ethereum

  • Platform:

    ERC20

Team

Peter Davies - CEO & Founder
Maria McKavanagh - COO
Conrad Spiteri - CTO
Bobby Watkins - CCO
Steve Foster - CFO

Advisors

Ewald Hesse - Head of Grid Singularity
Prof David Shipworth - Professor at UCL Energy Institute
James Cameron - Chairman at Verv
Francis Griffiths - Non-Executive Director at Verv

Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.

Initial Offering News