Apple Co-Founder Steve Wozniak’s Cryptocurrency Takes Off – Decrypt

In brief

  • Apple co-founder Steve Wozniak has launched a new company called Efforce.
  • It’s focused on energy-efficient tech and decentralized networks.
  • It’s launched a new token: WOZX.

Grizzled engineer and Apple co-founder Steve Wozniak has launched a cryptocurrency for Efforce, the environmental crypto-investment platform he joined last year. 

WOZX tokens appeared for the first time on the HBTC exchange yesterday, and they’re coming to Bithumb Global next week. At present, the coin is worth just over one dollar, and the supply of WOZX is capped at 1 billion tokens.

Efforce will, according to its website, incentivize users to fund energy-efficient projects with the promise of “tokenized future savings.” 

Efforce passes on savings generated by these collective investments (like, say, insulation that lowers electricity bills) to “contributors” via a cryptocurrency called Efforce (whose ticker name is WOZX).

According to the company’s Twitter account, some DeFi troublemakers listed a token with the WOZX ticker symbol on Uniswap back in October to cash in on the hype surrounding Wozniak’s new venture.

And though Woz is listed as a “co-founder” on the company’s website, and he’s certainly Efforce’s global face, financial analyst and environmental data specialist Jacopo Visetti is running the show as “project lead.”  Visetti co-founded the company behind Efforce—AitherCO2—back in 2010.

No word yet on what kinds of companies may or may not be able to absorb investments on the Efforce platform.

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