VLUX is an ERC20 utility token created by Verv to enable token holders to participate in their energy trading network. Verv is a AI-based smart hub that can obtain a comprehensive and real-time overview of the electricity consumption of a home. It uses machine learning algorithms to derive a real-time profile for key household appliances – providing homeowners with a view of their electrical appliances’ current status (i.e. on/off) and condition (e.g. operating at 95% efficiency).