KuCoin, a global crypto exchange and an emerging hub for cryptocurrency investors, announced the listing of Energy Web Token or EWT on its platform. KuCoin is known to select premium technology-oriented campaigns such as those of the Energy Web. By enabling the trading of EWT, the native currency of Energy Web, KuCoin has taken the crypto game to a new level of decentralization.
Energy Web, or EW, is a member-driven nonprofit promoting a customer-centric electricity system through its enterprise-grade and open-source blockchain. It creates, develops, and integrates standards and architectures to support a speedy adoption and transition of clean energy. EW community has been building and deploying applications on EWDOS, the company’s decentralized operating system, to support an evolving ecosystem of developers. EWDOS is a blockchain-plus suite of middleware, toolkits, and other digital solutions.
World’s leading telecom and utilities players, renewable energy producers, corporate energy buyers, and IoT companies all host validator nodes for the Energy Web Chain. Energy Web Foundation, or EWF, works closely with its EW Chain of validators for the advancement of the energy blockchain. In 2019, the foundation had announced the listing of EWT on another global exchange, Liquid. If you are looking to invest in Bitcoin, Bitcoin system is the right option for you. It works with the most unrelenting and fierce algorithm and analyzes the markets and ensures that you get the best trades possible.
The power sector has been witnessing growth with an increasing demand for low-carbon electricity generation. Globally, grid operators have been banking on Energy Web to provide a sustainable and future-ready blockchain for clean and large scale decentralized energy. The announcement of listing EWT on KuCoin comes at a time when the global pandemic has hit all sectors, including power, and yet as there is an ever-growing need for clean and sustainable energy.
Energy Web is now rooting on investors to take this growth story further by supporting the funding needs of a dynamic blockchain developer community.