Power Ledger (POWR)
Power Ledger is a blockchain-based peer-to-peer energy trading platform enabling consumers and businesses to sell their surplus power (often solar, but not exclusively) to other network participants without a middleman. The platform tracks the power generation and consumption of all trading participants, then settles energy trades on pre-determined terms and conditions in near real-time.
Mining/Staking
The POWR token is an ERC-20 token on the Ethereum platform. Thirty-five percent of these tokens were available to early investors, and the rest have been reserved for a growth pool, a developers' pool, and a platform reserve.
Development Team
This project has a mid-sized development and management team which draws heavily from traditional industry, and there is extensive information about each team member on the official website.
Criticisms, Caveats, and Competitors
This project started out as a specialized regional (real-world) project in Australia, and is currently expanding aggressively in North America. Because of its strong ties between the cryptoassets and real-world use, we believe that further global interest in the underlying asset could be enhanced by more real-world implementation in Europe, Asia, and Africa. This will be a long-term goal for the project.
Additional Resources
The project's main website: https://web.powerledger.io
Link to Wikipedia Page: https://en.wikipedia.org/wiki/Power_Ledger
Link to Reddit Community: https://www.reddit.com/r/PowerLedger
Link to Twitter account: https://twitter.com/PowerLedger_io
Link to Team information: https://web.powerledger.io (scroll down near bottom)
Link to data on Live Coin Watch: https://www.livecoinwatch.com/price/PowerLedger-POWR
Whitepaper: https://powerledger.io/media/Power-Ledger-Whitepaper-v3.pdf