Energy Web Token (EWT)

Energy Web Token (EWT) is a blockchain-based cryptocurrency that powers the Energy Web Chain (EW Chain) – a decentralized, open source energy trading platform. Based on the Ethereum blockchain, it enables peer-to-peer (P2P) energy trading among utilities, prosumers, and other energy market participants. The Energy Web Foundation (EWF) is a Swiss-based nonprofit organisation working to accelerate energy sector decentralization and the transition to a low-carbon energy system. In order to realise their vision, they developed the Energy Web Chain (EW Chain), an open-source public blockchain built on the Ethereum protocol. To power the EW Chain, they created the Energy Web Token (EWT), a native digital asset used in all aspects of the network – from powering transactions to staking, rewards and governance. What makes Energy Web Token unique is that it is specifically designed and optimized for the energy industry. Transactions are ultra-fast, transactions costs are low, and the cryptography algorithm is quantum resistant. The EW Chain is also incredibly secure and flexible, allowing developers and entrepreneurs to build innovative applications on top of the platform. Energy Web Token is used in the Energy Web Chain, but it can also be used in any dApp built on top of the EW Chain. The tokens are used to power transactions and provide incentives to users, ensuring the sustainability of the network. Energy Web Token is available for purchase on a number of exchanges, including HotBit, BitMax, Bittrex and KuCoin. You can also buy EWT tokens through third-party services like Changelly. Lastly, you can purchase EWT tokens directly from the Energy Web website. In conclusion, Energy Web Token is a cryptocurrency designed specifically for the energy industry. It is used to power transactions and incentivize users in the Energy Web Chain, and it can be used in any dApp built on top of the platform. You can purchase EWT tokens on a number of exchanges and through third-party services.