Power Ledger (POWR) Coin Review

CryptoCurrencyAltcoins
Jan 23, 2018
2 min read

Updated: Jan 23, 2018

One of the exiting things that Power Ledger is attempting to accomplish, is to build a peer to peer energy market place. They are doing this by getting retailers and current utilities companies involved. This means that the energy providers are the ones hosting the market place platform. Power Ledger is also going to allow individuals with excess energy to be a part of that market place. So if your neighbor has solar panels and is willing to sell you his excess energy, this could be accomplished using the power ledger token and ecosystem. This gives the consumer options and lowers the risk of a power outages because now you can do both, buy from the providers and individuals.

They are going for a lot more than just the market place, which makes Power Ledger even more exiting. They are going for electricity metering, big data acquisitions, micro transactions and grid management. Grid management is peculiarly interesting because as of now the electricity system as it works, basically produces as much power as possible and distributes out x amount not really knowing what the actual demand will be. Grid management will offer a more proficient way to distribute the energy and will lower energy waste.

Power Ledger is not a concept, they are an actual company with a team with there feet on the ground and they are out there putting in work already. Power Ledger is an Australian based project and is currently operating in western Australia, with plans on branching out world wide.

Rating: Long Term Hold

Website: https://powerledger.io

Circulating Supply: 363,810,715 POWR

Total Supply: 1,000,000,000 POWR

Message Board: https://medium.com/power-ledger

Chat: https://t.me/joinchat/Gop-90DIMiPF7N_EtvFzjA

Competitors: We Power, Pylon Energy, Sun Contract

BUY POWER LEDGER: KUCOIN.COM, BINANCE.COM

Check out the Power Ledger Video Overview below