Apple co-founder, Steve Wozniak, is rolling out his second company, Efforce, to transform and disrupt the energy efficiency market.
A token listing yesterday sent Efforce market capitalization to $950M in the first 13 minutes, 10 times the listing price.
The company had received an initial valuation of $80M by investors in private sales.
Efforce is a marketplace that enables companies to undertake energy efficiency measures at no cost.
Thus, the energy efficiency market is accessible to investors who can then monetize the transferable energy savings.
Efforce uses an web-based platform to leverage the blockchain, and tokens called WOZX, as the mechanisms to create a seamless platform to spur global energy efficiency.