What is Energi

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About Energi

Key Points

  • Energi (NRG) is a next-generation Proof of Stake (PoS) cryptocurrency.
  • Features Ethereum-compatible blockchain with smart contract capabilities.
  • Funded by a self-funding treasury, with 40% allocated to the treasury.
  • On-chain governance driven by a masternode network.
  • Layer 1 and Layer 2 protocol for speed and scalability.
  • 1 million NRG released every month, divided between treasury, masternodes, stakers, and backbone.
  • Treasury funds product development, marketing, merchant adoption, and team growth.
  • Masternodes provide stability and governance

About Energi: Empowering a New Era of Cryptocurrency

Introducing Energi (NRG): A Revolutionary Cryptocurrency

Energi (NRG) is a pioneering next-generation Proof of Stake (PoS) cryptocurrency, powered by the Energi blockchain. This innovative platform seamlessly integrates Ethereum smart contract compatibility with a self-sustaining treasury, decentralized masternode governance, and a dual-layer protocol comprising Layer 1 and Layer 2. Furthermore, NRG serves as the governance token for the Energiswap decentralized exchange. The Energi organization, a blockchain-based financial technology provider, is funded by the NRG treasury. Founded on the principle of delivering secure, decentralized financial solutions, Energi boasts a diverse team of over 60 contributors spanning 5 continents.

NRG boasts an Ethereum-compatible blockchain, empowered with smart contract capabilities to facilitate seamless DApp development. A judiciously optimized, self-sustaining treasury provides the necessary funding to ensure the project’s upkeep and rapid expansion. Furthermore, an On-Chain Governance system, driven by a decentralized masternode network, guides strategic decision-making and provides robust user protections. Additionally, the network’s architecture is designed to deliver exceptional speed and scalability, courtesy of a hybrid Layer 1 and Layer 2 infrastructure that enables sustainable throughput.

The NRG Economic Model is designed to release 1 million NRG units every month, which are subsequently distributed among four key entities: the Energi Treasury, Masternodes, Stakers, and Backbone. The allocation breakdown is as follows: 40% is allocated to the Energi Treasury, 40% to Energi Masternodes, 10% to Energi Stakers, and 10% to the Energi Backbone.

TREASURY Energi’s treasury operates on a self-sustaining model, where internal funds are allocated to drive product development, marketing initiatives, merchant adoption, and strategic team expansion.

Masternodes play a pivotal role in maintaining network stability by validating transactions. Additionally, they are responsible for governance, submitting and voting on proposals that shape Energi’s long-term strategy and resource allocation. As an incentive, masternode owners receive a larger share of staking rewards.

STAKING By leveraging the Proof of Stake mechanism, staking empowers users to ‘lock up’ their NRG on the network, thereby facilitating the validation of transactions necessary for the creation of new blocks. This innovative approach provides a seamless and effortless means for users to capitalize on this mechanism, yielding rewards in return.

BACKBONE In a departure from the conventional approach, Energi’s founder opted to forgo a pre-mine or initial coin offering (ICO), instead choosing a distributed compensation model that unfolds over time. This strategic decision effectively links his financial incentives to the project’s long-term viability and sustainability, fostering a profound sense of alignment and accountability.

Where to Acquire NRG: A Comprehensive Exchange List. NRG is proudly listed on a multitude of reputable exchanges. Presently, you can buy, sell, or trade NRG on the following esteemed platforms:

Notable exchanges that have listed Energiswap include Uniswap, Kucoin, DigiFinex, Bitbns, Mercatox, Bithumb, WhiteBIT, HitBTC, Hotbit, Indodax, Changelly, and CoinEx.

Discover a frequently updated roster of exchanges where you can trade NRG.

Meet the Visionary Behind Energi: Founded in 2018 by @TommyWorldPower (Twitter), Energi was conceived with the ambitious goal of driving widespread, global cryptocurrency adoption. As an early adopter and trader since 2012, Tommy has been deeply immersed in the cryptocurrency landscape. Through his meticulous research and trading experience, he pinpointed several critical issues that the existing cryptocurrencies failed to address. Undeterred, Tommy created Energi to tackle these shortcomings head-on, crafting a sustainable and scalable platform poised to propel the future of cryptocurrency forward.

Discover more about Energi at:

Energi


Explore the comprehensive dashboard at

https://nexus.energi.network/

, featuring staking rewards, treasury funds, and more.

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