Apple co-founder Steve Wozniak'southward new token, Efforce (WOZX), almost doubled in cost today after an amazing run that saw the toll increase around 26 times in the past week.

WOZX will open up for trading on Republic of korea-based exchange Bithumb on December. 9, and is already upward 2,490% since start being listed on the HBTC exchange on Dec. iii. It opened at $0.10 per token and is currently trading at $2.59.

Ethereum blockchain token WOZX is a mode to securitize energy savings. The token has a full supply of one billion and was sold via private funding rounds conducted before this yr, receiving an initial valuation of $80 million.

It reached a marketplace cap of $950 meg in its outset 13 minutes of trading, according to the eponymous visitor behind the token, Efforce.

It is Wozniak's second blockchain-related venture since co-founding Apple in his parents' garage in 1976. Touting itself as "the first blockchain-based energy saving platform," Efforce aims to encourage the reduction of energy consumption in a mode that is meaningful merely does not disrupt current man behavior or routine.

WOZX tokens volition exist used on the platform by contributors who want to take part in energy-saving projects and every bit rewards based on the corporeality of energy a user has saved.

Wozniak is joined at Efforce past co-founders Jacopo Visetti and Jacopo Vanetti, who serve as project atomic number 82 and chief technical officer, respectively. The visitor was founded in 2019 and is based in Malta, a nation widely considered to be friendly to blockchain-based enterprises.

In a December. 4 announcement, Visetti described how Efforce volition help democratize the energy efficiency market by connecting investors with energy savings projects.

"Energy efficiency is a style to create a sustainable time to come, and this is a style to assist counter climatic change, reduce carbon — and make money while you practice it."

In Oct. 2018, Wozniak founded the blockchain-based capital venture fund EQUI Global in an effort to disrupt the venture capital and funding manufacture.