Powerledger (POWR) is a technology company that builds software for distributed and decentralised energy markets for a sustainable future. It has developed a blockchain-based platform that enables the tracking and trading of energy, flexibility services and environmental commodities. Its goal is to provide the platform for a fully modernised, market-driven grid that offers consumers a choice in their energy while driving the democratisation of power.
Headquartered in Zug, Switzerland, Powerledger operates in more than 10 countries. Powerledger operates on two blockchain layers; the POWR token is issued on Ethereum as an ERC-20 token, and the Powerledger blockchain - a native Solana based blockchain to process energy transactions on a more scalable network.
The POWR token is an ERC-20 token that acts as a licence required for businesses such as; utilities, renewable energy operators, microgrids, companies committed to 100% renewable energy and property developers to access Powerledger’s platform, and will be able to be used to pay for transactions on the Powerledger blockchain in future. In 2015, 30 countries had reached grid parity, meaning that the price of solar-generated energy was equal to or less than the cost of local retail electricity. Powerledger combines renewable energy and blockchain technology to offer energy solutions that are cheaper and more sustainable than traditional energy alternatives.
Powerledger was founded in 2016 to solve a pressing problem: Energy that comes from solar and wind is intermittent and lacks the steady quality that fossil fuels provide, and this causes problems for the grid.
Powerledger’s approach was to create a highly agile market that could help regulate this intermittency and start to create a transition to a more responsive, distributed network with better storage. Powerledger’s software is used by utilities and large corporations to track, trace, and trade every kilowatt of energy to improve grid stability.
Where is Powerledger available for purchase?
You can exchange POWR tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Powerledger is HTX, notably the POWR/USDT pair, which saw a trading volume of $ 3,84 MLN. in the past day. Additionally, Hotcoin and CoinUp are popular alternatives for trading tokens.
What is the highest value Powerledger (POWR) has ever reached?
Powerledger (POWR) reached its peak price at 1.89 $ on 07 January 2018, approximately 8 years ago ago. Presently, the current price is -91.25% lower than this all-time high.
What is the historical minimum price for Powerledger (POWR)?
The minimum price reached for Powerledger (POWR) was 0.03262 $, documented on 13 March 2020, more than 5 years ago. In comparison, the current price is 406.51%, it above this historical low.
What is the fully diluted valuation of Powerledger (POWR)?
The fully diluted valuation (FDV) of Powerledger (POWR) stands at $ 179,92 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 POWR tokens. The realization of this FDV might take several years depending on the emission schedule of POWR tokens.
How to add Powerledger (POWR) to MetaMask?
By integrating Powerledger (POWR) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import POWR as a token. You can either manually import POWR by copying its contract address (0x595832f8fc6bf59c85c527fec3740a1b7a361269) or use MetaMask's Chrome extension to add POWR with a single click through P.CASH.
How to add Powerledger (POWR) to TrustWallet?
Incorporating Powerledger (POWR) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include POWR, you can either manually import it using the contract address (0x595832f8fc6bf59c85c527fec3740a1b7a361269) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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