Apple co-founder Steve Wozniak's crypto token takes off—but you can't buy it in the US

On Friday, Wozniak launched his new company Efforce, a blockchain-based “energy efficiency market” for crowdfunding eco-friendly business projects. (“We created Efforce to be the first decentralized platform that allows everyone to participate and benefit financially from worldwide energy efficiency projects, and create meaningful environmental change,” Wozniak, who is cofounder but not CEO of Efforce, said in a press release.)

The launch came with the listing of a digital token, WOZX, and Efforce says investors drove the token to a $950 million market cap “in the first 13 minutes” of its listing. The company had already raised $80 million in funding from private investors before its token sale.

The token is up another 5% on Monday. And the company hasn’t done anything yet.

The stunning numbers come with a range of investor caveats.or now, you can only buy the WOZX token on Singapore-based crypto exchange HBTC (formerly called BHEX, launched in 2018 by the former CTO of Huobi). To buy WOZX on HBTC, you must buy the stablecoin Tether (USDT-USD), then use Tether to buy WOZX. (Or you could send Tether from a U.S. exchange to your HBTC wallet.)

WOZX will also get listed soon on Bithumb, a Korea-based crypto exchange. (Unlike stocks, cryptocurrencies list on multiple exchanges, which is why different exchanges list a different all-time-high price for bitcoin, for example.) But you can’t buy and trade WOZX through a U.S. exchange site.

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