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Energy Web

Energy Web (EWT)

$ 0.35
0.74 %
Main info
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Analytics
Market cap
$20.98M
0.74 %
Volume (24h)
$253.91K
0.74 %
Circulating supply
60,544,174 EWT
Total supply
69,017,451 EWT
Max. supply
100,000,000 EWT

About Energy Web

Energy Web Foundation (EWF) has pioneered an enterprise-grade blockchain platform tailored to the sector’s regulatory, operational, and market needs. EWF is the world's largest energy blockchain ecosystem—a growing community of over 100 energy market participants who we work with to bring energy blockchain solutions to market. The Energy Web has become the industry’s largest energy blockchain ecosystem and leading choice for decentralized technology powering the world’s energy future. EW Chain features a native first-layer utility token, the Energy Web Token (EWT). Energy Web Chain is a public, Proof-of-Authority blockchain powered by a validator network comprising a permissioned cohort of major companies from within the energy sector.

Key data

updated $0
Market cap$20.98M
Volume 24h$253.91K
Circulating supply60.54M61% of max 100M

Energy Web (EWT) is the native token of the Energy Web Chain, a public blockchain built specifically for the energy sector. In simple terms, it's a network that helps power companies, grid operators, and clean-energy projects coordinate and trade with each other without relying on a central middleman. EWT is used to pay for transactions on the network, run applications, and reward the entities that keep it secure.

Frequently asked questions

What is Energy Web and how is it different from other cryptocurrencies?

Unlike general-purpose blockchains, Energy Web Chain was designed from the ground up for the energy industry — utilities, grid operators, and renewable energy companies. Its applications track green certificates, manage EV charging, and coordinate decentralized energy trading. EWT is the token that powers this specialized ecosystem rather than a generic payment coin.

How does the Energy Web blockchain work?

The network uses a Proof of Authority (PoA) consensus mechanism, where a selected group of trusted validators — typically reputable energy companies and organizations — confirms transactions. This makes the chain fast, energy-efficient, and well-suited to enterprise partners who need predictable performance. It trades some decentralization for reliability in an industry where accountability matters.

How is EWT issued and distributed?

EWT was created by the Energy Web Foundation, a nonprofit focused on open-source decarbonization technology. The supply was allocated through a structured distribution to the foundation, ecosystem development, and early supporters rather than through mining. Since the chain uses PoA, no new tokens are minted as mining rewards.

How can you store and use EWT?

EWT can be held in wallets that support the network, including browser wallets connected to the Energy Web Chain. Holders use it to pay transaction fees, interact with energy applications on the chain, and participate in the ecosystem's governance-related activities. Always download wallets only from official sources to avoid scams.