Please, can someone explain the tokenomics of EWT to me.

Question

Energy Web

Arne

Please, can someone explain the tokenomics of EWT to me.

Everyone is staking and gets frech minted EWT coins.. or what?

#cryptocurrency #energyweb #english

0

09.04.2022

9 ответов

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guy incognito

No. The rewards for the first pools are being paid out by the community fund

0

09.04.2022

Arne Автор вопроса

C K
There’s a tokenomics section in here https://twitt...

Now I know who is dumping on me, but they don't explain why the price should go up... Tokenomics Simply put, EWT has extremely advantageous tokenomics. Energy Web never had an ICO, and there was no point at which the public purchased large amounts of EWT that could be dumped on the market down the road. Its tokens were distributed in eight separate tranches, but these can be simplified to four distinct groups of token holders. Affiliate investors received 21,198,208 EWT. Founders received 10,000,000 EWT. Validators will receive 10,000,000 EWT as block rewards over the next 10 years. The Energy Web Foundation received 58,801,792 EWT for use in operations and the development of new technologies. The most significant observation about EWT’s token distribution is that nearly all stakeholders are directly invested in the functioning of EWT’s actual use case. Investors were comprised almost entirely of the affiliate energy and utility companies with whom EWT has partnered. The founders who received 10M EWT are not self-interested individuals, but the two organizations who collaborated to build EWT – Grid Singularity and the Rocky Mountain Institute. Validators are also comprised of major corporations with a vested interest in EWT’s success, and the remaining token distribution went to the Energy Web Foundation, which is headquartered in Switzerland and thus forbidden from having shareholders or seeking profits. Regarding inflation, staking rewards and community fund tokens represent 48M EWT and will be released over a ten-year period. Community fund tokens have been slated to unlock at 3.79M per year, and block rewards will be released logarithmically at an average of 1M per year. At 4.78 annual inflation of the circulating supply, EWT is highly competitive compared to most other staking-based blockchain protocols.

0

09.04.2022

Rose

Arne
Now I know who is dumping on me, but they don't ex...

Hey Arne If you are looking for the circulating supply, you can check the image above. For more frequently asked questions please visit the link below. https://www.energyweb.org/faq/

0

09.04.2022

guy incognito

Arne
Now I know who is dumping on me, but they don't ex...

Imagine thinking that multi-billion dollar energy companies holding energy web is a bad thing

0

09.04.2022

Arne Автор вопроса

guy incognito
Imagine thinking that multi-billion dollar energy ...

Quote: 'These appear successful at their own scale, but primarily serve isolated communities and real estate developments that are capable of experimenting with energy alternatives off grid.' Not really the typical usecase for multi-million dollar companies.. I'm from Germany and I know that these companies are in particular not interested in off-grid..

0

09.04.2022

guy incognito

Arne
Quote: 'These appear successful at their own scale...

So read the next sentence that literally agrees with you: "As a layer-one ecosystem with its own virtual machine upon which enterprise partners can build their own products, EWT seems significantly more scalable and more appealing to the market participants who currently dominate energy distribution."

0

09.04.2022

Arne Автор вопроса

guy incognito
So read the next sentence that literally agrees wi...

Any pilot project after three years?

0

09.04.2022

Da H

Arne
Now I know who is dumping on me, but they don't ex...

Ofc they have to dump, where else do you think they get the funds to hire? Also right now the staking gets the rewards from team funds while trying the network, is expected to change to receive rewards based on real cashflows, when? We dont know, hopefully soon

0

09.04.2022

C K · Accepted Answer

C K

There’s a tokenomics section in here https://twitter.com/yieldaggregator/status/1508329360503320576?s=21&t=-RWfReLnNi7xxE6IsUcBMg

0

09.04.2022

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Please, can someone explain the tokenomics of EWT to me.

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