Alex Miller envisions a future where people are generating their own rooftop electricity and selling it to their neighbors, who pay instantly. This cuts down on the wasted electricity losses from running electrons through miles of copper wire and it should be cheaper, for utilities not having to collect bad debts and pass them on to everyone else. And he wants to do it on the blockchain.

His company, split between East Williamsburg and San Francisco, is called Grid+ and it just raised an astonishing $29 million in a presale token launch, with plans to raise up to $60 million more in the token launch itself, which will take place on Oct. 30.

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