Until now there has been no incentive to save energy. EnergiToken aims to disrupt the $2 trillion global electricity markets which are naturally closed and controlled by a handful of large players. Energy companies are currently incentivised to sell more energy at the highest possible price with no real transparency.
EnergiToken rewards energy saving behaviour. Our blockchain solution will create a platform to reward energy efficient behaviour through EnergiToken. Our token will offer incentives for a range of energy-efficient behaviour such as taking low-carbon transport and buying energy-efficient appliances. ETK can then be re-used in our eco-system to trade energy or charge your EV.
EnergiToken rewards people for energy reducing behaviour, such as taking public transport, turning off lights and using energy efficient appliances. Our global partners reward users with our token ‘ETK’; this is used to pay energy bills, charge electric vehicles or convert in to cash.
“We want to make energy overconsumption considered a social taboo, much like what has happened with smoking in public places. We have the power to shift social norms firmly toward making energy saving behaviour an unconscious reflex.