Power Ledger (POWR) is heading to Necker Island for the XTC 2018 Finals

Janica San Juan 14 January 2018

shutterstock lightbulb energy power hand 738x410

Power Ledger made it to the top three of the 2018 Extreme Tech Challenge (XTC).

Energy cryptocurrency provider Power Ledger has hit the top three of the 2018 Extreme Tech Challenge.

On 12 January 2017, Power Ledger announced that it has been included in the top three finalists in the 2018 Extreme Tech Challenge (XTC). All three finalists are going to appear on Richard Branson’s Necker Island in order to pitch their ventures to a judging panel.

XTC is a competition that empowers entrepreneurs and their companies by providing them with visibility and resources as well as helping them get the ability to grow exponentially. The ultimate winner of the XTC will have the chance to scale, get mentorships and access to key investors.

Power Ledger co-founder and Chairman Jemma Green commented:

Getting the chance to present our peer-to-peer renewable energy trading platform at CES 2018 was a fantastic opportunity to get our message out to even more markets around the globe. We know that our solution is one that can truly make a difference in humanity, in both developing and developed nations. Visiting Necker Island for the Blockchain Summit was a great privilege and I’m so excited that Power Ledger can return as an XTC finalist.

The other two finalists are Revl and Owlet. Revl is a smart action camera company which uses AI-powered editing software while Owlet is an infant health platform which seeks to empower parents to care for their children.

Due to the recent natural disasters that devastated the British Virgin Islands, the XTC 2018 Finals have been rescheduled and will take this fall 2018.

This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Latest cryptocurrency news

Latest crypto guides

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question