The tokenized energy traded on the EcoTech® can be physically delivered at local rates in countries with deregulated energy markets where Energzine Integrated Energy will be present directly or through franchise. The ChargeBEE® Franchise is the first EV charging station franchise that makes it simple and easy to start and operate your own EV Charging station.
The Energzine Token: The Energzine (ENZ) Tokens are ERC20 utility tokens that give access to the EcoTech® Software and to the ChargeBEE® Franchisee. Eco- Tech® is a blockchain based decentralized energy trading platform that makes it possible for ChargeBEE® Stations and producers Trade Energy Worldwide.
Token distribution and secondary markets Tokens are distributed immediately after end of sale, via smart contracts, including BTC payments, please note that the confirmation of payments on Bitcoin network might take longer than on Ethereum. They will be available for use within 7-14 days post crowdsale token launch depending on the platform where it will be listed.
Lockup structure Use and lockup of team tokens (12%) 50% of them will be available in the same time as for the public, roughly 1 week after the ICO Event. 25% of them will be locked for 6 months and 25% will be locked for 60 months. A locking period is applied because we want to demonstrate that we are in this for the long run and that the team’s incentives are aligned with the token holder’s interest.