| Full Currency Name | /EWT |
| Currency Code | EWT |
| Coin Intro | "Energy Web Token (EWT) is the native token of the Energy Web Chain, a public blockchain launched in October 2019. The total supply is 100,000,000 EWT.
The Energy Web Chain is an open-source, publicly accessible blockchain that stems from the Ethereum technology stack. It is specifically designed for applications in the energy sector and uses a Proof-of-Authority consensus mechanism compared to the Ethereum mainnet and other public blockchains, significantly increasing transaction capacity and reducing energy consumption. The Energy Web Chain supports new privacy protection and permission features, providing not only secure, low-cost, and effective hardware integration (such as smart meters) but also controlling data access for competitive and/or regulated energy market applications. Importantly, our company possesses the technical development capabilities and resources to continue advancing the Energy Web Chain infrastructure to meet the needs of the energy blockchain community, enabling developers to focus on rapidly moving their applications from proof of concept to large-scale production deployment.
Like most public blockchains, the Energy Web Chain has its own utility token, the Energy Web Token (EWT). The value of utility tokens like EWT comes from network users gaining economic benefits by using EWT and paying interest for those benefits.
In the platform protocol, EWT serves two primary purposes:
1. Security: EWT protects the network from misbehavior (intentional or unintentional) or malicious behavior (like spam) in transaction execution (such as infinite loops). A mechanism similar to Ethereum is used. Accounts submitting transactions to the EW Chain are charged transaction costs based on the computational work required to execute the transaction, estimated through a proxy called gas.
2. Validator Compensation: EWT from transaction fees and block validation rewards will be used to compensate validators for the cost of running nodes (e.g., capital investment in servers, high-speed internet connections, operational expenses).
The Founding Team and Background of EWT:
Energy Web (EW) is a global nonprofit accelerating customer-centric, low-carbon power systems by unleashing the potential of blockchain and other distributed technologies. EW focuses on building core infrastructure and shared technologies, accelerating the adoption of commercial solutions, and fostering a community of practice.
Blockchain Engineers: Joseph Bagaric, Wendell Cathcart
Solutions Architects: Nitin Gavhane, Mani Hagh Sefat
Director of Marketing: Peter Bronski
The current price of EWT is $1.88, with a 24-hour trading volume of $937,387. EWT has fallen 9.96% in the last 24 hours. It currently ranks #138 on Beebeequick’s market cap list, with a market cap of $56,420,900 USD. Its circulating supply is 30,062,100 EWT, and its total supply is 69,017,400 EWT." |
| Issue Date | |
| All-Time High | $22.292622 |
| All-Time Low | $0.49906282 |
| Total Supply | 69017450.9456 |
| Circulating Supply | 30062138 |
| Circulating Supply Percentage | 0.4355729976712001 |
| Market Cap | 1975581985790 |
| Fully Diluted Market Cap | $2.7193268865859935e-8 |
| Mkt Cap (Float) | $56420924 |
| Circulating Market Cap % of Global Total | 0.000028559140752358237 |
| Listed on Exchanges | 7 |
| Official Link | https://www.energyweb.org/ |
| Whitepaper | https://www.energyweb.org/wp-content/uploads/2019/12/EnergyWeb-EWDOS-VisionPurpose-vFinal-20191211.pdf |
| Blockchain Explorer |
"https://explorer.energyweb.org/"
|
| Telegram |
"https://t.me/energyweb"
|
| Github | https://github.com/energywebfoundation/energywebfoundation |
| Twitter | https://twitter.com/energywebx |
| FaceBook | https://www.facebook.com/energywebfoundation |
| Reddit | https://www.reddit.com/r/energyweb |
