Grid+

Halal Rating :
Comfortable
Contract: 0x12b19d3e2ccc14da04fae33e63652ce469b3f2fd
Last Price $0.21 Last updated:
Rank 1025
1D Change 0.00 %
Market Cap $8.17m
Circulating supply 39,236,491
Maximum supply None

Crypto Overview

Categories
  • Energy

Overview

Grid+ is a blockchain-based energy retail company that aims to provide consumers with direct access to wholesale electricity markets through smart agents and blockchain technology. The GRID token is primarily used as a utility token within their ecosystem.

Purpose and Utility

The intended purpose of GRID tokens is to serve as a means to purchase smart agents (hardware devices) at a discount and to access wholesale electricity rates. The token provides actual utility by giving holders tangible benefits in the form of discounted hardware and electricity rates.

Business Model Evaluation

The business model focuses on providing real-world utility through energy services and hardware devices. The core activities involve legitimate commerce and service provision, with no evident involvement in prohibited activities like gambling or interest-based lending.

Real-World Adoption

Grid+ has demonstrated actual implementation of their services in Texas, USA, where they operate as a licensed retail electricity provider. They have developed and shipped their hardware product (the Lattice1 smart agent) to customers.

Platform Development

The project shows ongoing development activity, particularly in their hardware solutions and energy retail operations. Their smart agent technology continues to receive updates and improvements.

Token Distribution and Governance

The token distribution appears reasonably balanced, with no concerning concentration among founders. The project demonstrates transparency in their operations and token utility.

Rating Justification

Member Vote

Agree: 0 Disagree: 0

Login to vote on this

Comments