Energy Web Token (EWT)

1. Project Introduction

Energy Web (EW) is a global nonprofit organization accelerating a low-carbon, customer-centric electricity system by unleashing the potential of blockchain and other decentralized technologies. EW focuses on building core infrastructure and shared technology, speeding adoption of commercial solutions, and fostering a community of practice.

In 2019, EW launched the Energy Web Chain, the world’s first open-source, enterprise blockchain platform tailored to the energy sector. EW’s technology roadmap has since grown to include the Energy Web Decentralized Operating System (EW-DOS), a “blockchain-plus” suite of decentralized solutions. EW also grew the world’s largest energy blockchain ecosystem comprising utilities, grid operators, renewable energy developers, corporate energy buyers, and others.

Highlights: 

• BUILDING CORE INFRASTRUCTURE AND SHARED TECHNOLOGY:

Energy Web developed and steward the Energy Web Decentralized Operating System (EW-DOS), an open-source stack of decentralized software and standards—including the Energy Web Chain and various SDKs—that support two primary use cases: 1) clean energy and carbon emissions traceability and 2) using distributed energy resources to increase grid flexibility. 

EW-DOS is the grid’s new digital DNA, a shared technology running on a decentralized network maintained by some of the world’s most-respected energy companies.

• SPEEDING ADOPTION OF COMMERCIAL SOLUTIONS:

Energy Web works directly with energy market participants to build and deploy market-specific commercial solutions on top of EW-DOS. They also support, convene, and advise market participants on how to create business and customer value with blockchain and other digital technologies.

• FOSTERING A COMMUNITY OF PRACTICE:

As a mission-driven nonprofit, Energy Web is fostering a sustainable ecosystem around EW-DOS. They built the world’s largest energy blockchain ecosystem of companies, and now support a community of practice of people—energy industry experts and software developers alike.

Energy Web fosters community through a) training and education on decentralized technologies and b) connecting peers across the industry who are facing similar challenges and pioneering decentralized solutions together.

2. Coin Info

As with most public blockchains, the EW Chain features a native first-layer utility token, the Energy Web Token (EWT). Native tokens, intrinsic to a platform’s protocol, serve two main purposes: a) security and b) validator compensation (via transaction fees and/or block validation awards). A total of 90 million EWT have been created to operate the EW Chain and an additional 10 million will be released over ten years as a block validation award.

Token Allocation and Categories:

3. Useful Links

• Official Website: http://energyweb.org
• Whitepaper: The Energy Web Chain
• Explorer: http://explorer.energyweb.org/
• Telegram: https://t.me/energyweb
• Twitter: https://twitter.com/energywebx
• Facebook: https://www.facebook.com/energywebx
• LinkedIn: https://www.linkedin.com/company/energy-web-foundation