About Energi project

Energi is a unique self-funded cryptocurrency. The project developers set themselves the goal of launching a functional system that will later turn into a platform for smart contracts. This development is an excellent investment object.

The fundamental mission of the company is to become in the future the main cryptocurrency of the world, which will unite a large number of smart contracts. This revolutionary new technology offers great opportunities for gaining financial independence. The project leaders decided not to conduct an ICO. An alternative to the process was the careful organization of an effective system of incentives for users through:

Treasury Department. The structure is larger in scale than other cryptocurrencies (Dash, Decred and PIVX). Decentralized format provides a high level of transaction security and information exchange;
masternodes. The network server effectively copes with the tasks and provides users with voting for the direction of funds;
expansion of cooperation. Energi opens up opportunities for transactions. The positive aspect is the presence of feedback.
High efficiency in the use of funds is achieved by encouraging user actions. Every dollar invested in a project is mastered by the developers as intended. The funds raised are being invested in marketing, technology and functionality enhancement. As a result, this creates optimal conditions for obtaining a good profit from the project.

Energi features

The technological features of the Energi project determine its main functionality. Until February 2018, the blockchain was based on a special PoW + PoS consensus algorithm. After a while, the developers decided to switch to PoS. For the content of the masternode to become available, the user must purchase 10,000 NRG coins.

It takes no more than 60 seconds to decipher one block. The reward is 22.8 coins. The development of smart contracts based on Energi should take place at the end of December 2019. This event should have a positive effect on the total capitalization of the project.

The Energi project has a wide range of applications. Thus, masternode holders will be able to receive rewards for second-tier placement using the Energi Proof of Work model. Miners will be able to make good money in the system by handing over their computing power for use. Project partners benefit from smart contracts. Constant management of the platform can significantly increase the efficiency of the ecosystem. The end consumer can use NRG as a storage, utility or transaction tool without any problems.

By leveraging the functionality of the interactive network of OS applications, you can increase your overall efficiency. In the process of scaling the project, a special Department of Protection will work with law enforcement agencies to minimize the risks of hacking and fraud. The system developers also rely on:

Business development. The launch of a unique incubator program allows you to maintain the infrastructure of the blockchain and startup. The development is aimed at advising clients, optimizing the work of business models and expanding functionality.
Reliable protection for all users. The system has its own security bureau. A special unit of EBI reliably guards the user base from attacks by hackers and fraudulent activities.
Engineering support. Energis professional team assists in carrying out complex audits of smart contracts. For the purpose of writing smart contracts, the Solidity language (analogous to Ethereum) will be used.
Marketing systems. The maximum audience coverage is achieved through the large-scale representation of the platform in social networks. The company actively promotes the project on YouTube video hosting. The founder of Energi has bet on Airdrop on social media. Each participant received a portion of the coins as a reward. This approach has ensured widespread adoption of the platform. Already in the fall of 2018, the project had more than 65 thousand official accounts and 17 thousand email addresses.

How is Energi created?

Energi was developed relatively recently in 2017 by Tommy Wald Pave. The talented programmer considered the potential in cryptocurrency organizations and decided to create his own project. Since 2012, the specialist has been studying various concepts for the development of digital systems. After thousands of hours of planning and development, the guy recorded a video about the new platform and its technological features.

Since 2017, the project has been under active development. Its early funding came from the founders own funds. After the successful implementation of the adopted concepts, the system was launched. This event took place in April 2018. Thanks to the daily work and the expansion of the team of qualified specialists, the project took place.

Today, the platform unites a large number of people who are involved in various fields (marketing, design, programming, management, recruiting, etc.). Every month the platform becomes more and more efficient when working with smart contracts. The system perfectly combines the technological capabilities of Ethereum and the treasury management model.

The development of a powerful self-financing system has all the prospects for large-scale development. In the next two years, the project will bring together tens of thousands of people from all over the world. The founder of the project plans that in a while the total capitalization of the system will exceed $ 100 million. To visually explore how Energi is created, you need to research the official roadmap:

2017 year. Implementation of fundamental projects, organization of the output structure. In the fourth quarter, the Energi Hash algorithm was launched. Also, the developers have introduced remuneration systems of the treasury, mainline types;
2018 year. Launching Testnetes and Block Explorer. The programmers also performed technology optimization and solution to a number of economic problems. After the implementation of masternodes, the Energi project was presented. More than 1 million NRG coins were distributed in September. The digital asset dump continued in the fourth quarter;
2019 year. Upgrading the system to a proof-of-stake level. Experts begin the development of the Energi X project. Expanding the marketing sphere to increase the scale of the structure. Contract platform update;
2020 year. The team has planned a massive expansion of the system. The project will be popularized by opening a mobile wallet. For this, the Venmo and Cash App applications will become available to users. The Energi system will provide grants and invest in decentralized dApps.
Expanding the marketing work will greatly simplify the application of the protocol. As a result, the demand for a digital asset on exchanges will increase.

Is Energi infinite?

The emission of Energi cryptocurrency is unlimited. The system is designed so that 1 million NRG coins are generated every month. The distribution of assets has a certain structure, namely:

Professional team - 10%. Developers earn good income for project improvement and leadership.
Profile miners - 10%.
Official masternode owners - 40%.
The total budget for project development and technological development is 40%.
The absence of a supply limit creates an additional demand for payments to official masternode holders. These transfers play an essential role for the continuous operation of the system, its decentralization and longevity. The reward system for masternode holders is pleasantly surprising. It takes 63 seconds to decipher the block. Users receive 400 thousand coins every month.

Strengths of Energi

One of the strengths of the Energi project is having a team of experienced professionals. Today, the top management of the system looks like this:

Tommy is the creator and CEO of the company. The specialist deeply understands the economic structure of blockchain technology.
Ryan is the president. The expert oversees operational activities and new software development. The specialists work is also aimed at popularizing the digital asset in the world.
Carolyn is VP of Operations. The Financial Analyst has a personal qualification degree at the ACAA level. Its task is to formulate a development strategy and improve the efficiency of the work process.
Greg is Vice President of Skilled Human Resources. The specialist also has deep skills in semiconductor development, UNIX kernels and a range of cloud computing.
Parker is the head of energy impact. Born in Los Angeles and attended Arizona State University. His motto is: "The more I give, the more I get." As head of Energi Impact, he embodies his truth and helps others to do the same.
Andrey is a CTO with extensive experience in programming, developing payment cards and launching startups. Software development.
Omer is the manager of the transformation process. Previously, the specialist worked for Exxon Mobil, Verizon and Pfizer.
Daniel is a UI / UX designer. The employees specialization is user interface design.
Energi cryptocurrency has a self-financing system that will soon be transformed into a functional platform for smart contracts. The successful functioning of the structure is achieved through stable funding from mined coins. The principle of equality allows for a strong community. Energis top management decided not to conduct an ICO, which significantly reduced decentralization.

Today, developers are actively working towards launching smart contracts. Registered users can take advantage of a number of benefits in the form of technical expertise and an efficient communication system. The main requirements for using a mining tool are:

the presence of a personal EnergiCore wallet;
10 thousand NRG coins on the account;
launching a virtual private server (VPS), which operates 24/7;
availability of a dedicated IP address for the VPS.

Energi in TOP currencies

The successful implementation of the official roadmap is the best proof of the projects prospects. At the beginning of December 2019, the NRG coin rate was $ 1.53. Experts agree that in 600-900 days the value of a digital asset will increase significantly. This is primarily due to the technological breakthrough that the developers promise.

The market capitalization of the project is $ 32.5 million. The average daily trading volume is $ 256 thousand. These indicators indicate a high liquidity of the asset. System scaling is inevitable. This is primarily due to the following factors:

There is no need for the formation of infrastructure for payment / reception of NRG.
High speed of transaction processes, which is comparable to transfers to bank cards.
Favorable reward system for Masternode owners and hosters.
The NRG coin is not limited in issue, which makes it in demand in the market. The cryptocurrency is ranked 76th in CoinMarkerCap.