The Energi project names itself as a cryptocurrency for world adoption as it’s based on the idea of decentralization. Energi was launched on April 14th, 2018, though the idea was conceived a year earlier by Tommy World Power, the creator of Energicrypto and EnergiImpact. Energi is positioned as a Proof of Stake cryptocurrency with its own blockchain.
According to the official website, Energi has completed its 3.0 platform release at the time of writing. It combines the features which help it stand out from other cryptocurrencies such as decentralized governance, masternodes, and a treasury that funds the team of professionals. In the process of introducing Energi 3.0, Energi was rebuilt as a smart contract platform compatible with all Ethereum-based apps.
Energy NRG token
There was no ICO and no pre-mine, and no public investors were invited. The total available supply is infinite.
The monthly release of Energi amounts to approximately 1 million. It is distributed under the "10/10/40/40" formula:
10% allocated to Stakers
10% allocated to the Energi Backbone
40% allocated to Masternodes
40% allocated to the Treasury
If users want just to hold the coins they can take advantage of Coinomi wallet, a third-party wallet that supports more than 125 cryptocurrencies and thousands of tokens. However, Coinomi is not suited for coins staking. If users would like to do this, then they have to download and install the core wallet which is available for Windows, Linux, and Mac. The download link can be found on the official website of the project.
Energi is listed on several exchanges, where users can buy, sell or trade this cryptocurrency with Digifinex, CITEX and Kucoin providing the biggest share of the daily trading volume. At the time of writing, 6 more exchanges are mentioned on the project’s official website.
How to get Energi NRG
The process of making money on Energi staking is pretty standard. First, download the Energi Core wallet, which should be fully synced with the network. Then go to settings and click on start staking. Make sure that there is at least 1 NRG on your account as it is a required minimum to start staking.
In addition, any person is able to host a masternode. In order to do that, you should have at least 10,000 NRG coins on your balance. Launching a masternode launching,requires the following steps:
Set up a cloud server with at least 1 GB of RAM.
Install Energi software on it.
Recharge your local wallet.
Configure the masternode.
Energi NRG team
The Energi CEO and founder is Tommy World Power, as he names himself on the official website and on his YouTube and Twitter accounts. He is a well-known blockchain adopter and popular educator. His ideas of the blockchain and its potentials have formed the basis for the Energi platform.
Ryan Lucchese is one of the owners and the President of Energi, whose responsibility is to manage daily operations. His experience in software development is extensive as he worked as an engineer at Hyland Software and NCH Software before joining Energi.
These are only some of the team members while more than forty of them are listed on the official website. The Company is also open for top-notch talents with different professional backgrounds.Read More