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Energy Web Token Price

(EWT)

$0.29966
0.00%(5m)

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Energy Web Token (EWT) Live Price Chart

    Energy Web Token Live Price Data

    The live price of Energy Web Token is 0.29966, with a total trading volume of -- in the last 24 hours. The price of Energy Web Token changed by +3.71% in the past day, and its value has increased by +0.06% over the last week. With a circulating supply of 30,062,138 EWT, the market cap of Energy Web Token is currently 0 , marking a +3.71% increase today. Energy Web Token currently ranks #1002 in market cap.

    How do you feel about EWT today?

    Note: This data is for reference only.
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    EWT(EWT) Profile

    altRank1002
    rateB
    Expand
    $0.28701
    $0.3077

    ATH
    $22.22484866
    Price Change (1h)
    -0.43%
    Price Change (24h)
    +3.71%
    Price Change (7d)
    +0.06%
    Market Cap
    24h Volume
    Circulating Supply
    30,062,138
    Max Supply
    100,000,000

    About Energy Web Token

    • What is Energy Web (EWT) Token?

      The Energy Web community is the world’s largest open-source, decentralized ecosystem looking at ways to leverage blockchain technology for the energy sector. It consists of the Energy Web Chain, a first-of-its-kind public, enterprise-grade blockchain network that the energy industry can use to create and deploy completely customized decentralized apps.

      The Energy Web Decentralized Operating System (EW-DOS) is an open-source, multi-layer digital infrastructure based on the Energy Web Chain blockchain. The project focuses on supporting a low-carbon, customer-centric energy future powered by decentralized technology.

      The Energy Web ecosystem also offers the Energy Web Stack or EW-STACK, a set of open-source tools built on the Energy Web Chain, which can be used to develop decentralized apps (dApps) to support enterprise-grade applications for businesses in the energy sector. As of August 2021, the initiative has already forged more than 100 partnerships across 21 countries and supports 50 projects.

      The Energy Web Token is the native digital asset of the Energy Web Chain. It is used to pay transaction fees while interacting with dApps within the EW ecosystem and can also be staked by validator nodes to help secure the network.

    • How Does Energy Web Chain Work?

      The Energy Web Chain operates as the Trust Layer of the Energy Web Stack. The open-source public blockchain utilizes a proof-of-authority (PoA) consensus mechanism to secure its infrastructure and offers support for smart contracts and dApps.

      In addition to the Energy Web Chain, the EW-STACK’s Trust Layer also includes the Energy Web Token (EWT), validator nodes that help verify transactions and contribute to block production, as well as the block explorer for the network. Derived from the Ethereum blockchain technology, EW Chain supports decentralized identities (DIDs) to power the trust element and supports decentralized infrastructure and dApps operating on it.

      The EW-STACK also consists of the following critical components on top of the Trust Layer provided by the Energy Web Chain:

      Infrastructure

      The EW-STACK offers identity solutions, including:

      • Switchboard decentralized identity and access management (IAM) interface
      • Decentralized identifiers (DIDs) to manage the identity of any connected assets within the network
      • IAM Client Lib package consisting of high-level functions for IAM within enterprises

      In addition, the utility layer within the infrastructure component consists of several services, including staking, bridge, and more.

      Applications

      The Energy Web ecosystem offers various applications across DER Management, E-mobility, Traceability, and DeFi categories. The applications are designed keeping in mind the needs of businesses in the energy sector.

    • History of Energy Web Chain and EWT

      Energy Web launched in 2017 as an initiative co-founded by energy think-tank Rocky Mountain Institute and blockchain developer Grid Singularity (GSy) in association with ten founding Affiliates. In the initial stages following the launch, the Energy Web Foundation’s testnet used Ethereum’s Kovan network. The company launched its own dedicated testnet, Tobalaba, in November 2017.

      The Energy Web Foundation increased the number of Affiliates from 10 to 37 by the first quarter of 2018. This figure exceeded the 100-mark a year later, by the end of Q1 2019.

      The mainnet of Energy Web Chain was launched in June 2019. It was the world’s first enterprise-grade blockchain tailor-made for the energy sector.

      The EW-DOS launch followed a few months later, going live in December 2019. A month later, it was implemented in partnership with Austrian Power Grid for the first time.

    FAQ

    • How much is 1 Energy Web Token (EWT) worth?

    • Is Energy Web Token (EWT) a Good Investment?

    • What is the Energy Web Token Price Prediction?

    • What is EWT Token Used For?

    • Who Are the Partners of the Energy Web Token Project?

    • How to Stake Energy Web Token (EWT)

    • What is the all-time high price of Energy Web Token (EWT)?

    • What is the all-time low price of Energy Web Token (EWT)?

    • How much Energy Web Token (EWT) is there in circulation?

    • How do I store Energy Web Token (EWT)?