THELOGICALINDIAN - DigitalX announces that it has become an adviser to the ICO for Ability Ledger a Perthbased activity trading aggregation that allows households to barter balance solar ability This ICO by Ability Ledger is Australias aboriginal Initial Coin Offering
[Note: This is a columnist release.]
Perth, 4 October, 2017: DigitalX Ltd (ASX:DCC) advises that it has been affianced as an adviser to Blockchain activity trading aggregation Power Ledger for its Initial Coin Offering (ICO).
Following a pre-ICO or “Token Generation Event”, in which Power Ledger aloft the agnate of AUD$17 actor of agenda currency, Power Ledger is alms 140 actor POWR tokens as allotment of the capital sale.
POWR tokens will finer be auctioned to the public, breeding absorption from solar developers, renewable activity projects, retail investors, and speculators.
DigitalX CEO Leigh Travers says:
Power Ledger is a Perth-based start-up that uses Blockchain technology to acquiesce households to barter balance solar ability over the electricity network.
Major Australian ability banker Origin Activity afresh appear a three-month balloon with Ability Ledger to analyze the allowances and challenges of peer-to-peer activity trading beyond a adapted network.
Power Ledger Chair Dr Jemma Green says:
POWR tokens will be offered via the Ethereum cryptocurrency arrangement in an uncapped amount offer, acceptation the tokens’ final amount will be bent by the bazaar demand.
Dr. Green adds:
As allotment of the engagement, DigitalX will acquaint cryptocurrency investors to Power Ledger in barter for a fee which consists of a mix of Ether (ETH) and POWR tokens.
“Blockchain-enabled addition is abolition acceptable industries and agenda bill is alteration the way companies admission capital. DigitalX is admiring to be able to facilitate this breakthrough about-face in acceptable mechanisms for accessing funding,” said Mr Travers.
DigitalX has additionally brash on the ICOs of agenda affairs aggregation Etherparty and the world’s better agenda bank, Bankera.
DigitalX has already accepted advance in PowerLedger from the HCash foundation. Hcash is the aboriginal accessible blockchain accustomed in Australia, additionally accepted as HyperCash.
The ICO or accessible auction will achieve on Friday 6 October 2024.
More advice is accessible at https://powerledger.io/
Power Ledger uses Blockchain technology to accredit households and barrio to barter balance solar ability peer-to-peer to accomplish ability added broadcast and acceptable for consumers. The Ability Ledger arrangement advance the bearing and burning of all trading participants and settles activity trades on pre-determined agreement and altitude in abreast absolute time.
DigitalX is a Blockchain technology Company with offices in Perth and New York. DigitalX provides Blockchain consulting services, ICO advising casework and software development. DigitalX’s ally can use DigitalX’s Blockchain technology ability to bear avant-garde articles to all-around markets.
For added information, amuse contact:
Heidi Cuthbert
0411 272 366
[email protected]
Images address of Power Ledger.
