Energi

Introduction to Energi.

Energi was conceived by Tommy World Power on the 4th of July 2017 (Independence day in the USA), created with a heart of freedom and liberation for humanity. Tommy’s vision is that of a powerful self-sufficient and economically-optimized cryptocurrency (which alone is very rare in the space), combined with smart contract capabilities, layer 2 scalability built in, decentralized governance, and strong moral leadership.

In it’s design, Energi’s coin emission is used as the primary funding mechanism for fueling its growth. Tommy spent thousands of hours researching the cryptocurrency space and its technologies from a high level since 2013, originally in order to make good investments. Tommy recognized the enormous missed value in the space with respect to the combination of Energi’s proposed features, but recognized how difficult it was for other projects to change and understand his vision, so instead he chose to create it, and thus Energi was born. Tommy made a video on his early concept, and soon after began working on Energi.

In its first year and until launch, Energi was primarily in a development phase and funded solely by Tommy. No money was raised by outside or public investors, and there was no ICO. Finally, after the concepts Tommy engineered had been brought to life, Energi launched on April 14th, 2018. Through the bear market of 2018, Energi continued to grow and expand, at a time when most projects had gone into hibernation mode, or even completely diffused. Energi attributes its success to strong economics and skilled leadership, despite extremely challenging market conditions. As of now, Energi has over 50 active contributors building Energi (and we are always on the lookout for high-quality individuals to join us, see our Join our Team page if interested).

In regard to development status, Energi has moved to an Ethereum-based code-base (see our Roadmap). Energi has adopted all of Ethereum’s existing capabilities, in addition to our finely tuned Treasury and Governance model to drastically expand growth and adoption. We are grateful to the Ethereum developers and community, and will support Solidity devs and projects who come to Energi where they may benefit from our services, while working with the same basic coding architecture. Over time, Energi will continually upgrade the code-base to maximize capabilities, or eventually develop a brand new platform with the latest technology as the greatest needs within the cryptocurrency space become clear and continue to evolve.

Cryptocurrency is revolutionary new technology which brings an enormous realm to freedom to money. However, even after ten years, cryptocurrency adoption is less than 2% of the world population. We work to bring cryptocurrency to everyone.

To achieve mass adoption, we started by having first created a very strong foundation. Energi didn’t have an ICO or pre-mine and was thoughtfully designed to have a strong Treasury and Masternodes incentive system. Our Treasury is significantly larger than any other major cryptocurrency. Energi’s Treasury is decentralized and Masternodes vote where to direct funds. This allows Energi to pay contributors, and as Energi grows, the Treasury budget will grow allowing for more collaboration, leading to more growth, etc, a positive feedback loop

Besides having a strong Treasury, the other critical aspect is ensuring the funds are utilized most efficiently – generating great value in return for the funds spent. In Energi, we work to identify and encourage activities which bring us the absolute greatest value back in return for what we spend on those endeavors. Our approach is that every dollar we invest into our ecosystem, should yield much more than a dollar of new value added when spent appropriately in development, marketing, and impactful campaigns which expand our reach.

Energi (NRG) is a next generation Proof of Stake (PoS) cryptocurrency. Powered by the Energi blockchain, NRG combines Ethereum smart contract compatibility with a self-funding treasury, decentralized masternode governance, and a Layer 1 and Layer 2 protocol. NRG also serves in place of a governance token for the Energiswap decentralized exchange. Funded by the NRG treasury, the Energi organization is a blockchain-based financial technology provider. Energi was founded on the goal of delivering secure, decentralized financial solutions. Energi currently employs a team of over 60 contributors spread across 5 continents.

NRG Features Ethereum-Compatible blockchain with smart contract capabilities to support DApp development. Funding provided by an economically-optimized, self-funding treasury to enable the upkeep and rapid expansion of the project. On-Chain Governance driven by a masternode network to guide strategy and provide user protections. Speed and Scalability delivered by a Layer 1 and Layer 2 network that enables sustainable throughput.

The NRG Economic Model 1 million NRG are released every month and divided between the Energi Treasury, Masternodes, Stakers, and Backbone. The breakdown of the allocations can be viewed below: 40% to the Energi Treasury 40% to Energi Masternodes 10% to Energi Stakers 10% to the Energi Backbone

TREASURY Energi’s treasury is self-funded. Funds from the treasury pay for product development, marketing, merchant adoption, and team growth.

MASTERNODES The primary role of masternodes is to provide stability for the network by validating transactions. Their secondary role is to provide governance by submitting and voting on proposals that dictate the long-term strategy and resource allocation for Energi. Masternode owners are awarded a larger portion of staking rewards as an incentive.

STAKING Staking enables users to ‘stake’ their NRG on the network; that is, to validate the transactions required to make a new block. Staking creates a simple, easy way for users to take advantage of the Proof of Stake mechanism and get rewarded for doing so.

BACKBONE Instead of issuing a pre-mine or holding an ICO, Energi’s founder chose to take distributed compensation over time. This ties his financial rewards from the project to Energi’s long-term success and sustainability.

Where Can You Buy NRG? NRG is available on a number of well-established exchanges. Currently, NRG can be bought, sold, or traded on the following exchanges:

Energiswap Uniswap Kucoin DigiFinex Bitbns Mercatox Bithumb WhiteBIT HitBTC Hotbit Indodax Changelly CoinEx

Check here for a regularly updated list of exchanges to trade NRG.

Who Is the Founder of Energi? Energi was founded in 2018 by @TommyWorldPower (Twitter) with the goal of being the first cryptocurrency to drive truly global adoption. Tommy has been involved in cryptocurrency since 2012, starting out as an early-adopter and trader. Through his research as a trader, he identified several key issues that were not being addressed by cryptocurrencies at the time. He created Energi to directly address those issues and provide a sustainable, scalable platform for the future of cryptocurrency.

Links: Learn more about Energi here: https://www.energi.world/

View staking rewards, treasury funds, and more here: https://nexus.energi.network/

Energi (NRG) is a next generation Proof of Stake (PoS) cryptocurrency. Powered by the Energi blockchain, NRG combines Ethereum smart contract compatibility with a self-funding treasury, decentralized masternode governance, and a Layer 1 and Layer 2 protocol. NRG also serves in place of a governance token for the Energiswap decentralized exchange. Funded by the NRG treasury, the Energi organization is a blockchain-based financial technology provider. Energi was founded on the goal of delivering secure, decentralized financial solutions. Energi currently employs a team of over 60 contributors spread across 5 continents.

NRG Features Ethereum-Compatible blockchain with smart contract capabilities to support DApp development. Funding provided by an economically-optimized, self-funding treasury to enable the upkeep and rapid expansion of the project. On-Chain Governance driven by a masternode network to guide strategy and provide user protections. Speed and Scalability delivered by a Layer 1 and Layer 2 network that enables sustainable throughput.

The NRG Economic Model 1 million NRG are released every month and divided between the Energi Treasury, Masternodes, Stakers, and Backbone. The breakdown of the allocations can be viewed below: 40% to the Energi Treasury 40% to Energi Masternodes 10% to Energi Stakers 10% to the Energi Backbone

TREASURY Energi’s treasury is self-funded. Funds from the treasury pay for product development, marketing, merchant adoption, and team growth.

MASTERNODES The primary role of masternodes is to provide stability for the network by validating transactions. Their secondary role is to provide governance by submitting and voting on proposals that dictate the long-term strategy and resource allocation for Energi. Masternode owners are awarded a larger portion of staking rewards as an incentive.

STAKING Staking enables users to ‘stake’ their NRG on the network; that is, to validate the transactions required to make a new block. Staking creates a simple, easy way for users to take advantage of the Proof of Stake mechanism and get rewarded for doing so.

BACKBONE Instead of issuing a pre-mine or holding an ICO, Energi’s founder chose to take distributed compensation over time. This ties his financial rewards from the project to Energi’s long-term success and sustainability.

Where Can You Buy NRG? NRG is available on a number of well-established exchanges. Currently, NRG can be bought, sold, or traded on the following exchanges:

Energiswap Uniswap Kucoin DigiFinex Bitbns Mercatox Bithumb WhiteBIT HitBTC Hotbit Indodax Changelly CoinEx

Check here for a regularly updated list of exchanges to trade NRG.

Who Is the Founder of Energi? Energi was founded in 2018 by @TommyWorldPower (Twitter) with the goal of being the first cryptocurrency to drive truly global adoption. Tommy has been involved in cryptocurrency since 2012, starting out as an early-adopter and trader. Through his research as a trader, he identified several key issues that were not being addressed by cryptocurrencies at the time. He created Energi to directly address those issues and provide a sustainable, scalable platform for the future of cryptocurrency.

Links: Learn more about Energi here: https://www.energi.world/

View staking rewards, treasury funds, and more here: https://nexus.energi.network/