Energi aims to bring cryptocurrency to the world.
Cryptocurrency is a revolutionary new technology that brings huge realms to monetary freedom. However, even after 9 years, the adoption of cryptocurrencies is only 0.5% of the world population. Our goal is to introduce and bring cryptocurrency to the masses. We intend to create a strong foundation first - with a treasury system much larger than any other cryptocurrency currently available.

This treasury is decentralized, with masternodes voting on where the funds go. This allows Energi to pay developers and contributors, and as Energi grows, our budget will increase, allowing for more collaborations, which leads to more growth, etc. It's a positive feedback loop . Also, we have a higher rate of inflation because we encourage consumption and reinvestment. Energi will seek to utilize all of our treasury budget on a monthly basis, especially in the first few months of our existence, and identify the highest value activities and best contributors who will get the greatest return in system value addition, rather than spending the value of. We will identify and encourage those activities that give us the absolute greatest value for the money we spend. Our philosophy is that every dollar invested in the system, when properly invested with developers, best marketing efforts and other expenditures that expand our reach, can yield far more than a dollar in return.

Our History

Energi was founded by Tommy World Power in the summer of 2017, out of Tommy's clear understanding of the power and potential of well-designed self-funding cryptocurrency organizations that rely on issuing tokens for contributors as their primary funding mechanism. The concept is starting to catch on now, but was barely discussed at the time. Tommy made a video about the concept around the same time he started creating the Energi we see today. Over the past 5 years Tommy has spent thousands of hours understanding the cryptocurrency space and its technology from a high level perspective, initially to make good investments, however, Tommy recognized the immense power he could create and thus Energi was born .

For the first year and prior to launch, Energi was largely in development, funded exclusively by Tommy. There was no funding from outside or public investors, and no ICO. Finally, Energi was launched on April 14, 2018, following the implementation of the concept designed by Tommy. Due to the very strong Energi design coupled with very strong leadership, Energi is now growing rapidly.

As of now, Energi has about 50 full-time contributors in development, marketing, operations, business development, human resources and defense. Energi is evolving into a smart contract platform with all the features of Ethereum combined with our treasury and governance model - a very powerful combination of features. There are many cryptocurrencies with the same goal (some of which have raised over $100 million in their ICOs). If we were the first cryptocurrency to implement this combination of major features, we would be the only cryptocurrency in existence. We envision Energi as an organization of thousands of people, and due to our strong self-funding design, established governance, strong direction and leadership. All in all, we think Energi will become one of the most dominant major cryptocurrency platforms in the next few years.

Our Mission

Aspires to be the leading cryptocurrency, ensuring long-term development and achieving rapid growth by unifying smart contracts, governance and self-funding treasury.

The ENERGI Difference

Most cryptocurrencies these days have a system that rewards mining with graphics cards or CPUs or specialized mining hardware. This is equivalent to inflation and can even be seen as a kind of "tax" on cryptocurrencies. Bitcoin has a market capitalization of about $100 billion, and mining "burns" more than $5 billion a year.

We consider Bitcoin's large mining rewards to be an overkill and believe Bitcoin can be secure if some of the mining rewards are reduced (Bitcoin has excellent network security and no corresponding problems, even if market cap and mining rewards reduced to a tenth of what they are now). If Bitcoin had a similar system to Energi, Bitcoin would currently have millions of dollars in funding each year for development and growth. That's a huge missing value, and it's a void that Energi seeks to fill.

Energi still allocates some funds for mining rewards, but distributes most of the tokens to treasury and masterbytes. Masterbytes provide security, instant and private transactions to the network, while treasuries provide our cryptocurrency community with the necessary funds for development, user protection, marketing and other services in perpetuity.

It is important to realize how powerful our design is, combined with strong leadership. Our vault funds can fund thousands of developers working on the cutting edge of the space while retaining thousands of business development and marketing experts, expanding user awareness and building merchant adoption - even hiring lobbyists to help clear our path and Navigate through existing world government bureaucracies. Check out our roadmap to get a better idea of ​​where we're going.

Related links:

https://b.today/coindesc/energi/