Energi (NRG) is a next-generation Proof of Stake (PoS) cryptocurrency. Operating on the Energi blockchain, NRG merges Ethereum smart contract compatibility with a self-funding treasury, decentralized masternode governance, and both Layer 1 and Layer 2 protocols. Additionally, NRG functions as the governance token for the Energiswap decentralized exchange.

Supported by the NRG treasury, the Energi organization acts as a blockchain-based financial technology provider. Established with the aim of providing secure, decentralized financial solutions, Energi currently has a team of over 60 contributors located across 5 continents.

NRG Features

• An Ethereum-Compatible blockchain featuring smart contract capabilities to facilitate DApp development.
• Financing from an economically-optimized, self-funding treasury that supports project maintenance and rapid expansion.
• On-Chain Governance managed by a masternode network to direct strategy and ensure user protections.
• Speed and Scalability achieved through a Layer 1 and Layer 2 network that allows for sustainable throughput.

The NRG Economic Model Each month, 1 million NRG are released and distributed among the Energi Treasury, Masternodes, Stakers, and Backbone. The allocation breakdown is as follows:

• 40% to the Energi Treasury
• 40% to Energi Masternodes
• 10% to Energi Stakers
• 10% to the Energi Backbone

TREASURY The Energi treasury is self-funded. These funds cover costs for product development, marketing, merchant adoption, and team growth.

MASTERNODES Masternodes primarily ensure network stability by validating transactions. Secondarily, they handle governance by submitting and voting on proposals that determine Energi’s long-term strategy and resource distribution. To incentivize this, masternode owners receive a larger share of staking rewards.

STAKING Staking allows users to ‘stake’ their NRG on the network, meaning they validate the transactions needed to create a new block. This offers a straightforward method for users to utilize the Proof of Stake mechanism and earn rewards.

BACKBONE Rather than conducting a pre-mine or an ICO, Energi’s founder opted for distributed compensation over time. This approach links his financial gains from the project to Energi’s long-term success and sustainability.

You can purchase, sell, or trade NRG on several established platforms. As of now, the following exchanges support NRG:

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

For a list that is updated regularly, please check the provided link.

@TommyWorldPower (Twitter) established Energi in 2018, aiming to make it the first cryptocurrency to achieve genuine global adoption. Tommy entered the crypto space in 2012 as an early adopter and trader. His trading research revealed significant gaps in existing cryptocurrencies, leading him to build Energi as a scalable and sustainable solution to those specific problems.