Efforce

DWF Labs is proud to announce our investment in Efforce, a platform dedicated to shaping a sustainable future for mankind. Efforce enables private contributors to take part in meaningful energy efficiency projects, aimed at helping virtuous companies reduce their impact on energy consumption and the environment.

Efforce offers a unique reward system, where contributors can fund energy efficiency projects through NFTs, stake them, and earn rewards in mWOZ and cWOZ. mWOZ is a reward token backed by energy savings, while cWOZ is backed by carbon credit certificates. The key to unlocking contributions to energy efficiency projects is the WOZX utility token, allowing users to access and participate in the governance of the Efforce platform. WOZX is multichain, currently available on Ethereum and Polygon.

Energy efficiency is the key to a sustainable energy consumption future. It enables countries to reduce their dependence on fuel imports, lessen their exposure to energy price volatility, and contribute to climate change mitigation, while making systems and societies more resilient. Efforce helps fund selected energy efficiency projects and makes them available to private contributors through NFTs minted on Polygon. Contributors can participate in these projects by minting NFTs on the Efforce platform, while companies benefit from energy efficiency at no cost, with the resulting savings tokenized and backed by Efforce.

A smart contract redistributes the savings and carbon credits to contributors staking NFTs as rewards, based on exact consumption/savings data, without intermediaries.