What is Energy Web Token ? | All about Energy Web Token in Short | Crypto Currency Energy Web Token

What is ENERGY WEB TOKEN?

Energy Web Token (EWT) is the operational token behind the Energy Web Chain, a blockchain-based virtual machine designed to support and further application development for the energy sector.

When was ENERGY WEB TOKEN invented ?

Energy Web Chain was launched in June 2019. The Energy Web Foundation is the non-profit enterprise behind the project. Energy Web Token is a joint project between Rocky Mountain Institute (RMI) and Grid Singularity (GSy).

Importance of ENERGY WEB TOKEN?

EWT aims to bring diversity to the energy sector by allowing developers to create decentralized applications (DApps). The virtual machine has the potential to benefit actors from all areas of energetics, including grid operators, software developers, and vendors. One of the main selling points of EWT is that it offers enterprises the opportunity to create completely customized decentralized apps. While blockchains like Ethereum also provide this diversity, Energy Web Chain was purposefully designed for the energy sector.

Future of ENERGY WEB TOKEN?

TradingBeasts predictits that in the 2021 perspective, this coin price is predicted to reach $6.46807 with a growth to $6.69315 by the end of 2022.

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