Grid+

Grid+Leverages the Ethereum blockchain to give consumers direct access to wholesale energy markets. It allows them to respond intelligently, which increases efficiency and decreases cost.

Project website

ICO start date: to be announced later

Concept

Creates economic incentives through market-based energy pricing and encourages adoption of distributed generation (solar panels) and distributed energy storage (batteries)- Encourages the adoption of distributed energy resources allowing more efficient utilization of existing grid infrastructure- Dis-intermediates parties who offer little value from the electricity supply chain, removing administrative and financial overhead, decreasing prices for consumers- The Grid+ Smart-Energy Agent is an always-on device that pays for your electricity in real time and always finds the best price available- Grid+ customers will prepay with US dollars, which are converted to BOLT tokens. The price of 1 BOLT will always be 1 USD and BOLTs are fully backed by deposits- GRID tokens are used to waive fees and give users extra privileges in the Grid+ platform and in the Grid+ Raiden hub

More information in the project whitepaper: https://drive.google.com/file/d/0Bz90riPGRHquRnJLdFdEWTBhY0E/view