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Efforce (WOZX) is a cryptocurrency that aims to revolutionize energy efficiency. It provides a platform for virtuous companies to participate in meaningful energy efficiency projects, reducing their impact on energy consumption and the environment. Through non-fungible tokens (NFTs), contributors can fund energy efficiency projects and stake them to earn rewards in mWOZ and cWOZ tokens. The mWOZ token is backed by energy savings, while the cWOZ token is backed by carbon credit certificates.
WOZX serves as the utility token for Efforce, unlocking access to contributions towards energy efficiency projects. By holding WOZX tokens, users can not only take part in the governance of the Efforce platform but also make proposals or vote for those made by others. WOZX is available on multiple chains, including Ethereum and Polygon, and can be traded on various exchanges and decentralized exchanges (DEXs).
Efforce believes energy efficiency is vital for a sustainable future. By promoting energy efficiency, countries can reduce their dependence on fuel imports, mitigate the effects of energy price volatility, and contribute to the fight against climate change. Efforce facilitates the funding of selected Energy Efficiency Projects by making them available to private contributors through NFTs minted on the Polygon chain. This allows for low transaction fees and the availability of secondary markets, such as OpenSea, for token sales.
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