Grid+ (GRID) ICO Review

Democratizing access to wholesale energy markets

  • Token:GRID
  • ICO start: 30. Oct 2017
  • ICO end: 13. Nov 2017

Official WebsiteWhitepaper

Technology: Ethereum blockchain

Grid+ ICO Short Review

Grid+ functions as a commercial utility in select deregulated markets in the United States. Grid+ agent devices pay for all electricity bills automatically and in real-time. All payments are done over state channels using BOLT tokens. Each BOLT token is equal to $1.00USD and is 100% backed by USD deposit. For transparency, all fees from these payments are held by a fee vault smart-contract called Karabraxos.

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