New Listing — Energy Web Token (Bridged)

iRaiseTheBar
NEXT.exchange
Published in
2 min readJan 22, 2021

Choosen by the public, we’re extemely excited to announce that the bridged version of Energy Web Token (EWTB) is now tradable on NEXT.exchange. Energy Web has an amazing community, voting their way to the #1 spot in our recent Twitter poll. What is Energy Web and what makes them special? Read all about it in this article.

Energy Web is accelerating a low-carbon, customer-centric electricity system by enabling any energy asset owned by any customer to participate in any energy market.

The Energy Web Token Bridged (EWTB) is the bridged EWT token of the Energy Web Chain, a public, Proof-of-Authority Ethereum Virtual Machine blockchain specifically designed to support enterprise-grade applications in the energy sector. Please make sure to not send this token to exchanges that trade EWT, the native token. Swap it first using the bridge.

About Energy Web

Energy Web (EW) is a global nonprofit organization accelerating a low-carbon, customer-centric electricity system by unleashing the potential of open-source, decentralized technologies. EW focuses on building core infrastructure and shared technology, speeding adoption of commercial solutions, and fostering a community of practice.

In 2019 EW launched the Energy Web Chain, the world’s first open-source, enterprise blockchain platform tailored to the energy sector. EW’s technology roadmap has since grown into the Energy Web Decentralized Operating System (EW-DOS), a full stack that includes front-end applications and a variety of software development toolkits. EW also grew the world’s largest energy-sector ecosystem — comprising utilities, grid operators, renewable energy developers, corporate energy buyers, and others — focused on open-source, decentralized digital technologies.

EWTB is an ERC-20 token that represents the native utility token of the Energy Web chain (EWT)

The Energy Web Network

The Energy Web Chain is one of the only public blockchains among any industry worldwide whose validator nodes are run by known corporations, many of them are some of the largest and most-respected energy companies globally, current validators can be found on validators.energyweb.org

As with most public blockchains, the EW Chain features a native first-layer utility token, the Energy Web Token (EWT).

The token serves two main purposes:

  1. protect the network against misbehavior
  2. compensate validators via transaction fees and block validation awards.

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.

Supply information
Circulating supply 32.90 million EWT
Total supply 61.02 million EWT
Max supply 100.00 million EWT

It’s very important to only send EWTB to the NEXT wallet, not native EWT. The NEXT/EWT Team wishes you happy trading! For more information you go to the Energy Web website or join the conversation at Telegram.

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