VLUX

ICO Ended
377 days 15 hours ago

Description

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.

 

General
ICO Dates
04 Jul 2018 - 07 Jul 2018
Whitelist / KYC
Country
UK
Ticket
VLUX
Token Type
ERC20
Available for Sale
Financial
ICO price
1 VLUX = 0.5 GBP
Accepting
ETH
Hard Cap
35M $
  • 1
    Q1 2015

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

  • 2
    Q2 2015

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

  • 3
    Q3 2016

    Verv started researching blockchain-based energy trading.

  • 4
    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.

  • 5
    Q1 2017

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

  • 6
    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.

  • 7
    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.

  • 8
    Q4 2017

    Crowdfunding Raise. Raised £1.1million via equity raise on Crowdcube.

  • 9
    Q1 2018

    Implementation Of P2P Community In The UK. 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).

  • 10
    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.

  • 11
    Q3 2018

    Engaging Early Adopters. Planned roll out of the energy trading platform to early adopters for trial. Scheduled beta test of Macro Blockchain

  • 12
    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.

  • 13
    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.