What is Energy Web Token (EWT)? Blockchain Solutions for a Sustainable Energy Transition

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Bittime - In the midst of the global climate crisis, the transition to sustainable energy has become increasingly important. Blockchain , with its ability to increase transparency, efficiency, and security, is emerging as a potential solution to various challenges in the energy sector.

Energy Web Token (EWT) is one of the key players in this space, aiming to revolutionize the way we generate, distribute and consume energy.

What is Energy Web Token (EWT)?

Energy Web Token (EWT) is a utility token that supports Energy Web Chain, a public blockchain designed specifically for the energy sector. EWT enables various decentralized applications (dApps) to:

• Trading renewable energy: EWT can be used to buy and sell renewable energy directly between consumers and producers.
• Verify energy origin: EWT can be used to trace energy origin and ensure that the energy consumed comes from renewable sources.
• Managing energy networks: EWT can be used to manage decentralized energy networks and improve their efficiency and reliability.

Energy Web Token (EWT) Key Products & Features

• Energy Web Chain: A public blockchain designed for the energy sector.
• EW-DOS: Energy efficient Proof-of-Stake consensus system .
• Energy Web Marketplace: Platform for trading renewable energy and energy certificates.
• Energy Web App Platform: Platform for the development of dApps in the energy sector.

Also read: Cryptocurrency, the World of Digital Finance: A Complete Guide for Beginners

What is EWT Token?

The EWT token is an ERC-20 token used for:

• Paying transaction fees: EWT is used to pay transaction fees on the Energy Web Chain.
• Staking: EWT can be staked to earn rewards and help secure the network.
• Governance: EWT holders can participate in Energy Web Chain governance.

Tokenomic Token EWT

• Total Supply: 100 million EWT
• Circulating Supply: 35 million EWT
• Token Allocation:
  • 30% - Public sale
  • 30% - Energy Web Ecosystem
  • 20% - Tim Energy Web
  • 20% - Energy Web Foundation

Also read:

Energy Web Token (EWT) Fundamental Analysis

• Partnerships: Energy Web has partnerships with several well-known energy companies, such as Enel, Shell, and Volkswagen.
• Technology: Energy Web Chain uses advanced and energy efficient blockchain technology.
• Team: The Energy Web team consists of experts in the fields of energy and blockchain.

Comparison of Energy Web Token (EWT) & Competitors

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Expert Opinion About Energy Web Token (EWT)

• " Energy Web Token has huge potential to revolutionize the energy sector." - Dr. Rocky Mountain Institute
• "Energy Web Token is an attractive investment for those looking to get involved in the energy transition." - Forbes

Conclusion

Energy Web Token (EWT) has great potential to play an important role in the global transition to sustainable energy.

With advanced blockchain technology, partnerships with leading energy companies, and an experienced team, Energy Web Token (EWT) has the opportunity to revolutionize the way we generate, distribute, and consume energy.

However, it is important to remember that cryptocurrencies are high-risk assets. Do your own research before investing in EWT or any other cryptocurrency.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.