Altcoin Investing Pick: 2
Altcoin Premium Pick #2
WHAT IS IOEN
A community-driven network that enables connection and value exchange between any energy device, user, or market.
The Internet of Energy Network is an interconnected system of minigrids that facilitate transactions within and between minigrids: from the appliance level and consumption, to storage and generation. This re-engineers grids to operate as an intelligent cooperative system, where devices in the network adjust their behaviour to suit local grid needs and the needs of individuals, based on economic incentives.
TEAM
To find out more about the team, click here.
TOKENOMICS
The IOEC primary functions run on Holochain, a peer-to-peer distributed platform that does not require mining or gas; the cost at launch is given a 10x multiplier, although further benchmarking is showing this is falling rapidly. In the next few decades improves in renewable energy and distributed technologies will see this plummet to a fraction of a cent.
Total Supply: 1,000,000,000
Tokens for Public Sale: 2%
Initial Circulating Supply: 6,000,000
Initial Circulating Supply %: 0.60%
*As of Oct 17, 2021:
All-Time High: $0.271 (Oct 16, 2021)
Circulating Supply: 20,000,000 IOEN
Market Cap: $3,539,019
Market Rank: #1360
Market Launch: Oct 16, 2021
TECHNOLOGY
Using blockchain and Holochain technology, IOEN enables homes anywhere to function together as an intelligent, cooperative electricity system. By connecting homes in this way, they become a local, virtual energy microgrid.
IOEN is powered by RedGrid - A technology company that helps households stop using fossil fuels by changing the way people use energy. Their app makes it simple for people to use energy when the grid is greenest, saving them money, and making them feel great for helping the planet.
WALLETS/EXCHANGE
