Decentralised energy supplier, Energi Mine, has announced the first exchange listings for its ETK token.
Energi Mine, which sold $15m-worth of its EnergiToken (ETK) in just 82 minutes of its ICO, has now announced that it will list on its first exchange. Owners of ETK are now able to deposit and withdraw the tokens, and trade ETK with Bitcoin (BTC) via Coinsuper, a Hong Kong-based service. Though it is a Top 20 exchange, according to Coin Market Cap, it will be one of only a few utility tokens traded there.
Energi Mine is looking to apply decentralisation and blockchain technology to the global energy market, rewarding its users – both businesses and consumers – with ETK for engaging in energy saving behaviours, and pairing them up with its own network of suppliers. For example, under phase 1 of the EnergiToken Rewards App roll-out will reward users with ETK when you prove ownership of an electric car.
Energi Mine is also working with business groups and number of other partners, to apply its energy supply model in a range of industries.
Omar Rahim, CEO of Energi Mine says: “The Coinsuper team has great experience servicing the community with a reliable and stable exchange with high liquidity. We believe this is the ideal place to list ETK.”
Dr. Anthony Ng, COO of Coinsuper says: “We are excited to be part of Energi Mine ICO journey by being the first exchange that is going to list Energi Token. Their unique idea of rewarding businesses and end users to make energy saving choices marks them out as a company to watch out for in the crypto space.”
Energi Mine also announced that it will soon be listed on another exchange, CoinBene – which is used by customers in over 150 countries.