Energy Web Token is a crypto project that links energy-generating devices together using blockchain technology. Owners of such devices can sell their energy. The blockchain takes care of managing and selling the energy.
MoreEnergy Web Token is a fork of Ethereum and has its own network where 50 nodes (in-house) are running and Proof of Authority (PoA) is used. The EWT token is used to pay transaction fees and exchange information.
MoreYou can buy an EWT token with iDEAL at Coinmerce. You can invest in Energy Web Token quite easily by indicating in the sales window (on the right) how many euros you want to buy Energy Web Token for.
MoreDo you want to buy Energy Web Token with iDEAL, SEPA or credit card? You can buy the EWT token easily at Coinmerce. In the sales window you indicate how many euros you want to buy EWT, or indicate how many EWT tokens you want. We will then automatically calculate the price for this number of tokens. Then you can pay directly with iDEAL, Giropay, MyBank, SEPA or credit card, and we will transfer the EWT tokens to your crypto wallet.
The Energy Web Chain is a platform to which energy-generating devices can be linked. Any owner of such a device can do so. The Energy Web Token (EWT) plays an important role within the platform. With this, the creators of this project hope to contribute to making the energy sector more efficient. The Energy Web Chain provides an infrastructure where energy can be managed and distributed.
In fact, it is a fork created from Ethereum's blockchain. However, the network uses a different consensus mechanism called Proof of Authority (PoA). Within this network, only nodes set up by the team behind EWT run. This makes it a fairly centralized crypto project.
The EWT token allows users to pay for the transactions they perform on the network, and also allows for the exchange of information.