What does it do?
According to their website
“We develop and deploy open-source decentralized technologies—the Energy Web Decentralized Operating System (EW-DOS)—with our global community of more than 100 energy market participants.”
Going into further detail on this, the EW-DOS is utilised to focus, notably, on the renewable energy markets, and grid integration of distributed energy resources.
Where does EWT come into it?
“The token protects the network against misbehaviour, compensates validators via transaction fees and block awards, and can be used to pay for services that streamline and enhance dApps.”
Energy Web Ecosystem/Partners
EWT has a market cap of around $250m at the time of writing which places it at roughly 60th among cryptocurrencies. However, the EW ecosystem seems to be far ahead of many coins with similar market caps when it comes to partners with many household energy companies already utilising the EW blockchain.
Notable inclusion are:
- EDF Energy
At the time of writing EWT is currently valued at 53,000 sats or $8.20.
EWT has enjoyed a meteoric rise in recent months having previously been relatively unknown until May 2020, where it rose from below 10,000 sats ($0.60) to a peak of 113,000 sats ($13.50).
Where can I buy it?
The highest volume exchanges are:
Other exchanges include:
Where can I learn more or join the EWT community?