Business, Technology

December 07, 2020

Apple co-founder Steve Wozniak launches cryptocurrency project

Source: Flickr (Gage Skidmore) 

The Gist

The WOZX cryptocurrency is part of Wozniak's latest venture, which seeks to make it easy to fund environmentally friendly projects. 

The List

  • Wozniak has revealed Efforce, his new company which has been secretly in development for over a year. 
  • Efforce will be a platform wherein any company can list their green energy project and be funded by investors around the world. 
  • Investors will have to buy the WOZX cryptocurrency which will be used to fund these green energy initiatives.
  • Holders of the token will also have a vote in over how the Efforce platform is run. 
  • The WOZX cryptocurrency started trading on the open market on the day it was announced, landing it an initial market cap of nearly 1 billion dollars. 

Additional information

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