What is it?

VLUX is a subsidiary of Green Running which operates under the trading name of Verv. VLUX is launching an Initial Token Offering (ITO) in order to create VLUX (VLX) tokens that will enable energy to be traded on the renewable energy trading platform that Verv has developed. By combining deep learning AI technology with blockchain, Verv’s peer-to-peer (p2p) energy trading platform aims to improve access to affordable, low carbon energy.

Official Explainer Video

VLUX Details

Blockchain Ethereum (ERC20)
Team Location United Kingdom
First Announced March 30, 2018

Main ICO Details

ICO Start Date May 28
ICO End Date May 31
Hard Cap 25,000,000 GBP
ICO Conversion 1 VLUX = 0.5 GBP
Bonus Structure 5% May 28 2.5% May 29
Supply Distribution 70% Public Sale 20% Company 10% Reserved

Pre ICO Details

Registration Required
KYC Required
Pre-ICO Start Date Apr 21
Pre-ICO End Date May 26
Pre-ICO Hard Cap 17,500,000 GBP
Contribution Size Min: 25,000 GBP

VLUX Founding Team

Registered Company Name Green Running Limited

Registered Country United Kingdom

Peter Davies

CEO & Founder

Maria McKavanagh


Conrad Spiteri


Bobby Watkins


Steve Foster


Andy Baliou

Lead Blockchain Developer

Thomas Clarke

Team Lead Blockchain

Jon Dennis

Head of Machine Learning - Disaggregation

Lionel Ward

Deep Learning Specialist

Alexander Nicholson

Head of Investment

Yi Jean Chow

Blockchain Product Manager

Sam Fiddis

Blockchain Developer