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Energy Web Token

Energy Web Token

EWT
#476
$0.2891Up 4.17 percent($0.01)

Key Stats

Market Cap$24.74MUp 4.17 percent
Volume (24h)$169.96K
Fully Diluted Value$28.92M
Vol/Mkt Cap (24h)0.69%
Total Supply81.07M EWT
Max Supply100.00M EWT
Circulating Supply85.57M EWT
Launch Date2019-06-19

Energy Web Token Information

Websites
www.energyweb.orgWhitepaper
Block Explorers
explorer.energyweb.org
Supported Standards
ERC-20
Industries
Platform

Energy Web Token Price Converter

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Energy Web Token Markets

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InstrumentExchangeBenchmark DataPrice24h Change
Energy Web TokenUSDT logo
EWT-USDT
EWT-USDT
kucoin logokucoin
BB
0.2928USDT
5.33%
Energy Web TokenBTC logo
EWT-BTC
EWT-BTC
kucoin logokucoin
BB
0.0₅3782BTC
4.04%
Energy Web TokenUSD logo
EWT-USD
EWTUSD
kraken logokraken
AA
0.2920USD
5.80%
Energy Web TokenEUR logo
EWT-EUR
EWTEUR
kraken logokraken
AA
0.2550EUR
8.05%
Energy Web TokenUSDT logo
EWT-USDT
EWTUSDT
mexc logomexc
C
0.2901USDT
4.37%

About Energy Web Token

Energy Web Token (EWT) is a blockchain-based cryptocurrency designed for the energy sector, operating on the Energy Web Chain. It focuses on integrating renewable energy sources for a sustainable energy ecosystem, facilitating transactions, incentivizing participants, and supporting decentralized energy applications. EWT is part of the Energy Web Foundation (EWF), a non-profit working on decentralized, decarbonized energy systems, collaborating with energy companies, tech providers, and developers. EWT's utility includes transaction facilitation, governance through staking, incentivizing validators and developers, and access to decentralized energy applications. It's pivotal in advancing renewables, energy efficiency, and decentralized energy solutions.

Frequently Asked Questions

Energy Web Token (EWT) is the native cryptocurrency of the Energy Web Chain, an open-source blockchain platform aimed at accelerating the transition to renewable energy sources. The platform focuses on making the energy ecosystem more traceable, democratized, and decarbonized by utilizing blockchain technology for transparent energy trading, grid management, and more. Within this ecosystem, EWT serves multiple roles such as facilitating transactions and incentivizing community participation.

EWT is part of the Energy Web Foundation (EWF), a global non-profit organization founded in 2017 by the Rocky Mountain Institute and Grid Singularity. They aim to advance blockchain solutions in the energy sector and facilitate a transition to a decentralized, low-carbon energy system.

Transaction Facilitation: EWT is primarily used for transaction payments, particularly for gas consumption on the Energy Web Chain. It facilitates secure and transparent peer-to-peer energy trading, grid management, and the settlement of energy-related contracts.

Access to Energy Web Applications: Holding EWT grants users access to various decentralized applications and services built on the Energy Web Chain, including energy marketplaces, grid management tools, and renewable energy certificate tracking systems.

Staking and Governance: The first staking mechanism for EWT was launched in December 2021, introducing decentralized identifiers (DID) and verifiable credentials (VC) for enhanced user authentication. These mechanisms aim to fortify the cybersecurity of Energy Web's decentralized solutions while encouraging long-term staking. Special staking pools and 'Snapshot VCs,' which are types of verifiable credentials, offer additional rewards and governance capabilities to those who stake consistently.

Silver VC: Issued to users who joined the consortia pool later but staked consistently. Gold VC: Issued to users who have staked consistently from the beginning of the consortia pool.

Silver Pool: Open only to Silver VC holders, running for 1 week and distributing additional rewards. Gold Pool: Accessible only to Gold VC holders, also running for 1 week but with higher APY to reflect more consistent staking. Green Pool: Open to everyone subject to email verification, with a daily reward set at 0.0168% (equivalent to an APY of 6.32%).