 | Grid PlusICO Leverages the Ethereum blockchain to give consumers direct access to wholesale energy markets. It allows them to respond intelligently, which increases efficiency and decreases cost IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenTechnical details
Grid+ will operate with a two-token model, with each token being ERC-20 compliant. The BOLT token is a stable-coin, redeemable by Grid+ customers for $1 worth of energy and backed by USD deposits. The GRID token allows Grid+ members to waive fees both on the Grid+ platform and when using the Grid+ Raiden hub. They may also be used to purchase new versions of the Grid+ smart-energy agent.
What is Grid Plus
GridPlus creates products that enable mainstream use of digital assets and cryptocurrencies. We are hardware, software, and cryptocurrency experts building the foundation for a more efficient and inclusive financial future. GridPlus Lattice1 and SafeCards use uncompromising security to enable the most secure cryptocurrency storage ever created. GridPlus Pay mobile app and merchant tools allow users to easily spend their securely stored assets. GridPlus products form a new, fully integrated infrastructure stack for the burgeoning world of cryptocurrencies.
After developing and incubating cutting edge methods for energy trading using Ethereum blockchain technology with our partners, we branched out from the larger ConsenSys team to bring efficiency and savings to the retail energy industry. GridPlus Energy leverages GridPlus technology solutions to bring next generation efficiencies to energy markets and welcome savings to consumers.
GridPlus proudly designs and engineers its products in Austin, Texas.
DetailsToken supply: 300,000,000 GRIDTotal tokens for sale: 90,000,000 GRID LegalBlockchain Platform: Ethereum | Token infoTicker: GRIDToken standard: ERC20 Token price in USD: 1 GRID = 0.06 USD Token price in ETH: 1 GRID = 0.0037 ETH Accepted currencies: ETH |
Grid Plus Roadmap
TransactiveGrid is formed to demonstrate tokenization and trading of energy between participants with atomic functionality. Prototype is tested on a microgrid in Brooklyn.
Co-Tricity project is born to explore energy trading between residential and commercial customers. Prototype is developed with European partners.
ConsenSys engages with multiple Fortune 50 energy companies. Several engagements are still ongoing. A small network of Ethereum-aware smart-batteries is deployed in Europe, successfully trading energy with one another.
Alex, Mark, and Karl branch off of Enterprise engagements to form Grid+. Software MVP is developed in parallel with hardware agent prototype. The Grid+ white paper is released.
GRID tokens are sold. See white paper for more information.
First utility is established in targeted region (Q4 2017)
Agent production begins (Q1 2018)
Agents are shipped to first customers and service begins (Q2 2018)
Software reaches v1.0 (Q3 2018)
Raiden hub opened and payment channels migrated (Q4 2018)
Hardware agents contain secure enclaves and production process scales (Q1 2019)
Agent opened to external data feeds, allowing crude AI (Q1 2019)
1-3 new utilities established and many more customers onboarded (Q2 2019 - Q3 2019)
Software reaches v2.0 (Q1 2019).
Hardware production fully scalable (Q4 2019 - Q2 2020)
Many more utilities established, including international expansion (Q4 2019 - Beyond)
AI optimized to facilitate much more intelligent energy decisions (Q1 2020 - Beyond).
Project team
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