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Energy Ledger


9/28/2022, 7:23:07 AM

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Energy Ledger price is unchanged in the past week.

The current price is $0.00 per ELX. The new price represents a new all time high of $0.00.


What Is Energy Ledger (ELX)?

Energy Ledger is a cryptocurrency that aims to serve the energy industry for managing oil containers. Energy Ledger also aims to incentivize long-term crude oil storage through investment in the ecosystem. The whitepaper of Energy Ledger states that Energy Ledger Inc., which is the developer of the cryptocurrency, aims to make ELX the standard software development platform for trading energy value on the blockchain.

According to the whitepaper, the development team of Energy Ledger realized the lack of advancement of crude oil markets due to a lack of computer system blockchain technology. Therefore, Energy Ledger aims to prove the gradual execution of deployed energy blockchain solutions for crude oil storage units.

Notably, the advanced ecosystem utilized for smart contract development within Ethereum Solidity Ecosystem and IBM Hyperledger platforms played an essential role in the development of Energy Ledger. As stated on the official website of Energy Ledger, the platform utilizes both Ethereum and Binance. This helps Energy Ledger aim to reap the benefits of lower fees and deploy contracts effectively.

ELX is the native token of the Energy Ledger platform, and the primary function is to carry out data related to the energy industry. The platform seeks to help organizations quantify emissions created by the supply chains of such companies and suggest the offsets and credits that such companies need to purchase. Such offsets and credits are bought through the NFT marketplace directly.

History of Energy Ledger (ELX)

Energy Ledger was founded in 2018 by William G. Pete, the founder and CEO of Energy Ledger Inc. Pete is well versed in computer programming and the crypto industry. Lucas Hoath is the cofounder and CFO of Energy Ledger. He is experienced as an infantryman and civil air specialist and lived in high-tempo environments. The maximum total supply of ELX tokens is 714 million.

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What is the current price of Energy Ledger?

The price of 1 Energy Ledger currently costs $0.0000000038.

What other assets are similar to Energy Ledger?

Assets that have a similar market cap to Energy Ledger include Ethereum 2, Ethereum, Tether, and many others. To see a full list, see our comparable market cap assets.

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