POWR (Power Ledger) coin information:$POWR
Overview
POWR is the native cryptocurrency of Power Ledger, a blockchain-based renewable energy trading platform.
Key Features
1. Peer-to-peer renewable energy trading
2. Decentralized energy marketplace
3. Smart contract-based settlements
4. Energy data analytics
5. Governance and voting
Current Stats
- Market Cap: $50 million
- Circulating Supply: 400 million POWR
- Total Supply: 1 billion POWR
- All-time High: $2.62 (January 2018)
- All-time Low: $0.035 (March 2020)
Use Cases
1. Renewable energy trading
2. Decentralized energy marketplace
3. Energy data analytics
4. Governance and voting
5. Carbon credit trading
Availability
- Listed on cryptocurrency exchanges like Binance, Huobi, Uniswap
- Stored in compatible wallets like MetaMask, Ledger
Additional Resources
- Website: powerledger.io
- Whitepaper: powerledger.io/whitepaper
- Twitter: @PowerLedger_io
Partnerships and Collaborations
- Australian Government
- Origin Energy
- Vector
- various renewable energy companies
Potential Benefits
- Decentralized renewable energy trading
- Increased energy efficiency
- Reduced carbon emissions
- Governance and voting
- Growing ecosystem
Risks and Considerations
- Regulatory uncertainty
- Market volatility
- Competition from established energy trading platforms
- Smart contract vulnerabilities
Other similar coins
- WePower (WPR)
- Energy Web Token (EWT)
- Grid+ (GRID)
- Electrify Asia (ELEC)
Technical Details
- Consensus Algorithm: Proof-of-Stake (PoS)
- Block Time: 2 minutes
- Token Standard: ERC-20
Power Ledger aims to create a decentralized renewable energy ecosystem.
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