Wozniak’s Crypto Gamble: A Quick Dive into a Failed Token

The Promise

Steve "Woz" Wozniak, the renowned co-founder of Apple, once backed a venture called Efforce, which aimed to revolutionize investments in energy-saving projects.

• Simple Idea: Register a project, sell tokens to the public, and reward holders with energy credits as efficiency improved.
• Token Boom and Bust: The token, labeled WOZX, surged above $3 before crashing to about a tenth of a cent.

The Claims and Contradictions

Efforce positioned its token as a tool for businesses to raise funds, supporting profitable, efficient companies. However:

• Security Concerns: The description resembled a security, prompting Efforce to warn that U.S. residents could not buy its tokens.
• Sparse and Conflicting Updates:
• A July update claimed a 10.75% return from a Vietnam energy-efficiency pool, but the website lacked details.
• Other pools raised nothing.
• The last blockchain transaction was a year and a half ago.
• The smart-contract code hasn’t been updated since June 2024.

Wozniak’s Silence

• Wozniak’s mentions of the project ceased in 2021.
• No recent posts on LinkedIn or Medium.
• All signs suggest a venture that failed to deliver, casting a shadow over his legacy.