Grid+ (GRID)

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Description

Grid+ is a cryptocurrency platform developed by Grid Foundation, a startup run by a team of experts in blockchain technology, finance, and energy trading. The goal of Grid+ is to create a distributed peer-to-peer network of energy consumers and producers, and to enable them to transact on the platform. This platform could become the backbone of a future global energy trading ecosystem. Grid+ cryptocurrency was founded by Alex Miller, Sam Hussey and Karl Kreder in June 2017 with the objective of enabling peer-to-peer energy trading. The founders of the project — Miller, Hussey, and Kreder — recognized the need for a disruptive platform that will reduce the inefficiencies and reduce the cost of energy trading. To achieve this goal, they have created the Grid+ platform using the Ethereum blockchain and Ethereum’s smart contracts. The platform is highly unique in that it is not just a cryptocurrency exchange, but also a trustless energy trading infrastructure. Grid+ platform relies on its own token, called grid token, to facilitate transactions securely and quickly on the peer-to-peer network. Grid+’s vision is to be the go-to platform for energy trading. Grid+ tokens are used for participating in the Grid+ platform's peer-to-peer energy trading. They are also used to facilitate transactions on the platform to ensure that every transaction is verifiable, secure, and immutable. Grid+ tokens can be bought or sold on cryptocurrency exchanges such as Coinbase, Binance, Poloniex, and Kucoin. To conclude, Grid+ is an innovative platform that seeks to create a secure and transparent energy trading experience on the blockchain. It utilizes its own token, called grid token, to facilitate transactions safely and quickly on the peer-to-peer network. Grid+ tokens can be bought or sold on cryptocurrency exchanges such as Coinbase, Binance, Poloniex, and Kucoin. With its innovative platform and highly secure peer-to-peer architecture, Grid+ could very well become the go-to platform for energy trading in the near future.