VLUX

VLUX

ICO Ended
15,959 Views
VLUX is a subsidiary of Green Running which operates under the trading name of Verv. VLUX is launching an Initial Token Offering (ITO) in order to create VLUX (VLX) tokens that will enable energy to be traded on the renewable energy trading platform that Verv has developed. By combining deep learning AI technology with blockchain, Verv’s peer-to-peer (p2p) energy trading platform aims to improve access to affordable, low carbon energy.
8.6
TOTAL SCORE
8.5
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
ICO Time: 04 July 2018 - 07 July 2018
Whitelist/KYC: Whitelist + KYC
Country: United Kingdom
Token info
Ticker: VLUX
Platform: Ethereum
Token Type: ERC20
Available for sale: 59,500,000 VLUX (70%)
Total supply: 85,000,000 VLUX
Financial
ICO Price: 1 VLUX = 0.5 GBP
Accepting: ETH
Hard cap: 35,000,000 USD
Q1 2015
Verv, the AI-based smart hub was created.<br /> <br />
Q2 2015
Verv received seed funding from Ignite (the social impact arm of Centrica PLC, the parent company of British Gas).<br /> <br />
Q3 2016
Verv started researching blockchain-based energy trading.<br /> <br />
Q4 2016
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.<br /> <br />
Q1 2017
Verv started gathering real home electricity data for energy trading trials.<br /> <br />
Q2 2017
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.<br /> <br />
Q3 2017
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.<br /> <br />
Q4 2017
Raised £1.1million via equity raise on Crowdcube.<br /> <br />
Q1 2018
Verv is implementing a p2p trial site located in Hackney, London, UK alongside 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).<br /> <br />
Q2 2018
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. With regards to blockchain, the plan is to transition to a private permissioned blockchain, minimising the carbon footprint of the blockchain solution.<br /> <br />
Q3 2018
Planned roll out of the energy trading platform to early adopters for trial. Scheduled beta test of Macro Blockchain - a blockchain of blockchains containing digests of transactions anticipated to be rolled out to our trial sites.<br /> <br />
Q4 2018
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.<br /> <br />
Q1 2019
Fully operational foundation planned for International roll out. Scheduled inclusion of next generation of apps and third party services.
Screenshots taken on 16 May 2018
Peter Davies
CEO & Founder
Participates in a number of projects
Maria McKavanagh
COO
Participates in a number of projects
Conrad Spiteri
CTO
Participates in a number of projects
Bobby Watkins
CCO
Participates in a number of projects
Steve Foster
CFO
Participates in a number of projects
Ewald Hesse
Head of Grid Singularity
Participates in a number of projects
David Shipworth
Professor at UCL Energy Institute
Participates in a number of projects
Francis Griffiths
Non-executive director at Verb
Participates in a number of projects

Advisors (1)

James Cameron
Chairman at Verv
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Active
BitMinutes
BitMinutes is the first prepaid airtime token to provide low-cost financial services to the world's two billion unbanked consumers. BitMinutes serve as the universal cryptocurrency for enabling global telecommunications providers, retail merchants and a network of trusted agents to offer free money transfer and guaranteed loans to six billion cellphone users. The primary goal of Bitminutes ICO is to provide access to key financial services for over two billion unbanked worldwide.
Upcoming
Acta Finance
The first Cross-Chain Interoperable DeFi Ecosystem, built natively on Avalanche The ActaFi Ecosystem brings a complete DeFi suite that incentivises user-base growth and motivates the user activity, offering both DeFi products and features in a single ecosystem. Every interaction within the ActaFi Ecosystem is executed on-chain, by smart contracts.
Active
Liker
LIKER WORLD is a block-chain-based educational content platform. This is accompanied by a donation policy related to educational projects. Innovation in future education through technology is oriented towards a better society and humanity. Based on the idea that all corporate activities should pursue social values, LIKER has 3 main aspects: TRUST, REWARD, and DONATION.
Pre-Sale
Planport
The current supply chain industry is a $64 trillion market that employs millions around the world. Planport is building a decentralized business-to-business platform for the supply chain industry and our initial product focuses on procurement and its components. Procurement is one of the core sectors of the supply chain industry. It involves buying of goods and services that enable organizations to carry out their day-to-day operations. Someone involved in procurement may be responsible for sourcing raw materials from suppliers globally and bringing them into an organization by working with C-level executives, finance and engineering as well as external suppliers. While procurement is a vital aspect of operations, the process has critical problems that are costly for all businesses from small companies to big corporations. The obstacles include legacy systems with inefficient and closed networks that are expensive, risky and time-consuming, cash flow problems that take weeks or months, contractual nightmares, poor supplier management and closed and centralized access to goods and services. A company spends 30 to 70% of its revenue on outsourced goods and services, yet many still underinvest. The Planport Platform powered by the PORT token aims to solve these problems by unifying the entire procurement process end-to-end and empowering enterprises and suppliers using a decentralized business-to-business network in the supply chain industry. Buyers and sellers can use the platform for procurement, auctions, payments, and contract management. At the end of the supplier and buyer interaction, our invoice marketplace enables suppliers to push invoices to a network of global investors where they can access a diverse range of funders. This marketplace is built on the Blockchain distributed technology allowing participants to have a secure and efficient way to settle trade finance assets in the $3 trillion factoring industry. Planport, as part of Planport Platform, has built and is building the following products: Planport RFX - a procurement product for buyers and sellers. Planport Supplier Manager - a product for enterprises to communicate with and assess suppliers. Planport Auctions - a product for performing reverse auctions with multiple suppliers. Planport Payment Systems - a payment system empowered by the PORT token for business-to-business payments. Planport Contracts - a full contract management product for creation, storage, and discovery of contracts. Planport Experts Networks - an on-demand network of supply chain experts for enterprises. Plnaport Invoice Marketplace - a trade finance network for suppliers. Planport will revolutionise the supply chain industry by building a platform that streamlines the processes and is built on trust, mutual benefit and user-centric as part of the Web 3.0 by using the Blockchain technology.
Active
Origin Protocol
Origin is building a platform that enables the creation of many decentralized marketplaces, allowing buyers and sellers to connect and transact directly on the blockchain. The company is building a set of protocols, developer libraries, and a decentralized application using the Ethereum blockchain and IPFS, with an initial focus on disrupting sharing economy marketplaces. Origin's mission is to reduce or remove transaction fees, promote open and transparent commerce, redistribute value more fairly to buyers and sellers, and empower the 2 billion currently unbanked individuals around the world to participate in digital marketplaces.
Upcoming
Co-DEX Exchange
Co-DEX is a Decentralized trading platform for cryptocurrencies, built on vanguard security infrastructure and using a revolutionary system. Co-DEX is an exchange created by the community, for the community, thus Co-DEX will be the first exchange that will apply a NO FEES policy on transactions, the users being required to cover solely the transaction cost of the miners and/or validators that register the action on the blockchains. Experience direct peer-to-peer trading without the security risk of trusting a third party, thus having complete control of your assets at any time.