P2P RENEWABLE ENERGY TOKEN POWR NOW AVAILABLE IN COINOMI WALLET

Integrated solution enables seamless in-app purchase of POWR tokens for users of leading Android cryptocurrency wallet

Leading blockchain-powered peer-to-peer renewable energy marketplace, Power Ledger, has today announced a strategic partnership with popular Android cryptocurrency wallet Coinomi to enable in-app purchase of POWR tokens.

Coinomi will allow one-click contributions directly from the wallet into Power Ledger’s ongoing Token Generation Event, which concludes on 6th October 2017. Coinomi users will be able to pay using ETH, BTC or LTC, and will automatically assign POWR ownership to their Ethereum address.

Once the sale closes and tokens are distributed, Coinomi will make a permanent POWR wallet available, significantly simplifying the process of trading POWR tokens.

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With pre-sale investment in the P2P renewable energy marketplace having raised in excess of $17M in 72 hours, the company anticipates high levels of demand for the 140M POWR tokens available in the uncapped public sale.

“We are delighted to partner with Coinomi to make it quicker and easier for the community to buy POWR tokens,” said Dave Martin, Power Ledger co-founder and Managing Director.

“Making it simpler for people to trade renewable energy is key to the success of the Power Ledger platform, and a critical element of this is the ease with which people can trade POWR tokens. The simplicity of the integrated solution with Coinomi is precisely what we need to ensure frictionless trading.”

George Kimionis, CEO of Coinomi said: “We are excited to bring Power Ledger on-board, especially whilst their token generation event is live. The Coinomi wallet is not only secure, and focused on privacy, but installation is incredibly easy offering investors a simple way to get hold of the POWR token.”

The integration with Coinomi is a significant step for Power Ledger, which is continuing to experience rising popularity with both individual and institutional investors, as well as community and energy industry partners.

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