TECHNOLOGY

Energy Web Token (EWT)

EW-DOS features a native utility token, the Energy Web Token (EWT). The token protects the network against misbehavior, compensates validators via transaction fees and block awards, and can be used to pay for services that streamline and enhance dApps.

Frequently Asked Questions

Where can I get EWT? What exchanges is it listed on?

EWT is currently listed on global exchanges KuCoin, BitMart, and Liquid.
Note: Please only trade EWT on these officially supported exchanges. We are aware of at least one rogue token under the same ticker ($EWT) listed on another exchange. This is NOT the Energy Web’s native EWT.

How can I store my EWT?

Many popular wallets allow you to interact with the Energy Web Chain and store EWT, including MyCrypto, MetaMask, and hardware wallets such as Ledger and Trezor.

We have deployed a web-based custom wallet (based on the open-source MyCrypto wallet), which is pre-configured to connect to our Volta test network and the production Energy Web Chain and has been tested with hardware wallets such as Ledger and Trezor. You can read more on our Wiki here or go directly to the wallet at https://wallet.energyweb.org/.

What is the circulating supply of EWT?

Circulating supply represents the approximate number of tokens that are available and can readily enter the token economy. The following table calculates EWT’s circulating supply, beginning with the total supply of EWT in existence, minus three accounts with limited or no liquidity.
AMOUNT
NOTES
CURRENT TOTAL SUPPLY
Increasing to 100M maximum supply over 10 years.
ENERGY WEB TEAM
Static. EW’s endowment and operating funds.
FOUNDING ORGANIZATIONS
Static. Locked until June 2021.
COMMUNITY FUND
Increasing over 10 years.
CIRCULATING SUPPLY
30,062,138
LAST UPDATED: 15 July 2020

Is EWT an ERC20 token?

No. The native EWT is not an ERC20 token. However, we have developed the EWT Bridged (EWTB) token, which is an ERC20 token that can be minted through a bridge, offering a method for transferring EWT from the Energy Web Chain to the Ethereum mainnet quickly and cost-effectively. For more, please visit https://bridge.energyweb.org/.

Do I have to use EWT in my dApp?

Users and application developers are not required to use EWT for their own applications beyond paying for transaction costs on the EW Chain. They can use cryptocurrencies or fiat currencies, as well as second-layer tokens native to their particular applications.
For all other questions about EWT, please visit the conversation over at our Official Energy Web channel on Telegram.
IMPORTANT
All or part of solutions based on EW-DOS using EWT and/or running on the EW Chain are frequently open-source and decentralized, developed and maintained by the broader Energy Web ecosystem. All such projects—including the Energy Web Wallet—are offered “as-is”, without warranty, and disclaiming liability for damages resulting from their use.
The Energy Web is accelerating a low-carbon, customer-centric electricity system by unleashing the potential of open-source, decentralized, digital technologies.

Latest Tweets

We're proud to partner with @IFFunic at @UNIC_ENG to fund a PhD / doctoral ... studentship focused on advancing #blockchain research and implementation. https://medium.com/energy-web-insights/energy-web-endows-phd-doctoral-studentship-at-university-of-nicosia-to-advance-blockchain-9a6e3a29191

Congratulations to @Third_Deriv and #EnergyWeb cofounder @RockyMtnInst on your ... big launch today! Exciting to see such investment in #climatetech #innovation. We're with you, doing our part with #opensource #decentralized #digital tech to accelerate a low-carbon energy future. 🙌

#energy sector #digitalization "is allowing a new business ecosystem to ... emerge...and ultimately increased participation in the electric system ... [including] balancing services through battery storage & [DERs], electric vehicle charging services." https://www.greentechmedia.com/articles/read/grid-edge-innovation-summit-2020-ibms-brad-gammons-on-utility-digitalization-in-the-age-of-decarbonization

Coming up shortly! Don't miss #EnergyWeb chief commercial officer @ja_morris ... speaking about technology and innovation at the @INNOVATIONTX. https://www.eventbrite.com/e/energizing-north-america-opportunities-for-a-clean-energy-transition-tickets-128433525131

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