summary: Energi is a revolutionary blockchain-based financial technology organization. 
content: Energi (NRG) (Founded in 2018) is a revolutionary blockchain-based financial technology organization founded on the goal of delivering secure, decentralized solutions that eliminate the need for traditional financial institutions. History Energi was founded by Tommy World Power, who imagined a better, sustainable cryptocurrency that had the potential for mass adoption. The project has since grown to more than 60 team members and 225,000 community members, all working together to create a cryptocurrency for the future. In April 2018, Tommy World Power launched its vision for a better cryptocurrency. After seeing so many blockchain projects fail to deliver on their promises, Tommy imagined a better, self-sufficient cryptocurrency that had the potential for mass adoption. The power of a treasury allows the project to fund not only development, but also support, operations, marketing, and defense departments. Tommy personally funded the initial development of the project himself, and this approach paid off. Throughout the recent bear market, the Energi project continued to grow and expand its team, while other projects were downsizing and cost-cutting. Overview Energi is a self-funding, Ethereum-compatible smart contract cryptocurrency with a focus on DeFi and synthetic assets. Energi (NRG) is a next-generation Proof-of-Stake (PoS) cryptocurrency that combines smart contracts, decentralized governance, and a self-funding treasury. Energi is the only cryptocurrency in the space that unifies these critical features: Ethereum-Compatible blockchain with smart contract capabilities to support DApp development. Funding provided by an economically-optimized, self-funding treasury to enable the upkeep and rapid expansion of the project. On-Chain Governance driven by masternodes to guide strategy and provide user protection. Speed and Scalability delivered by a Layer 1 and Layer 2 network that enables sustainable throughput. Energi Token NRG is built on an economic model that is unique in the space. By allocating significant portions of emissions to the self-funded treasury and masternodes, Energi’s approach ensures stability and sustainability for the ecosystem. 1 million NRG are released every month and divided between the Energi Treasury, Masternodes, Stakers, and Backbone. FUNDING: Energi’s funding model is built with long-term sustainability in mind. Instead of raising funds through an Initial Coin Offering (ICO), Energi was bootstrapped from day one and has since been funded exclusively by an innovative self-funding treasury. This eliminates the risk of large institutional investors having a disproportionate influence on the project. The Treasury funds all of Energi’s endeavors, incentivizing contributors rather than relying on volunteer work. It’s also fully transparent – instead of all the funds ending up in an ICO wallet, funding is built into the cryptocurrency rather than one unaccountable ICO pot. Energiswap Energiswap is a decentralized exchange and crypto swap protocol that facilitates automated liquidity provision. Like the protocol, it’s based on, Energiswap functions as a decentralized exchange for swapping any ERC20 compatible token with any other ERC20 compatible token. Using the constant product equation, Energiswap manages liquidity pools of token pairs to allow them to be traded. This removes the need for buyers and sellers to generate demand, locking the pair into a price match determined by the available liquidity. Tokens can then be easily swapped directly with each other. This system also helps to combat the liquidity problem that many decentralized exchanges face. In addition to swapping tokens, users will also be able to provide liquidity to the pool for a token by locking down equal amounts of NRG and the token. Energi X Energy X is a cryptocurrency exchange that represents a crucial next-step in NRG mission to make cryptocurrencies and financial technologies accessible to everyone. Energi X also brings all of Energi’s tradable assets into one platform, as well as providing a growing variety of trading pairs. Energi X offers an extensive portfolio of tradable assets with zero-commission trades on all NRG pairs. For non-NRG pairs, taker fees will be largely offset by negative maker fees. Roadmap | Year | Description | | ---- | ----------- | | Q3 2017 | Pre-development: Engineered coin emission and allocations to miners, masternodes, and the treasury, along with other fundamental designs. | | Q4 2017 | Implemented EnergiHash (ASIC-resistant hashing algorithm). Implemented Treasury and Backbone systems. | | Q1 2018 | Testnet and Block Explorer went online. Optimized and improved numerous technical and economic aspects of Energi. | | Q2 2018 | Implemented our masternode and governance systems. Energi Gen 1 launched on April 14th, 2018 as a Proof of Work blockchain, initially adapting the code of Dash. | | Q3 2018 | Masternodes went live. Masternode rewards began on September 18th, approximately 5 months after launch to ensure fair distribution and giving community members plenty of time to accumulate. Earndrop Round 1 completed. Over 1 million NRG distributed, achieved combined social media following of over 70,000. | | Q4 2018 | Optimized GPU miner and mining pool software. Earndrop Rounds 2 and 3 kicked off. Energi Gen 3 began development | | Q1 2019 | Energi Gen 2 completed with the transition from Proof of Work to Proof of Stake. Launched the Energi Bureau of Investigations (EBI), which has protected our community and prevented thousands of attempted scams and hacks to date | | Q2 2019 | Energi Impact is launched, the world’s first self-funding charity funded by our cryptocurrency. Energi Core began working on Energi X, an exchange featuring commission-free trades on NRG pairs | | Q3/4 2019 | Expanded marketing efforts to increase awareness about Energi and broaden the community. Completed one of the largest airdrops in the space, giving away 3.8M NRG (valued at more than US$6.5M) to over 45,000 individuals. Energi Gen 3 began public testing, featuring major additions to Energi's capabilities. | | Q1 2020 | Energi Gen 3 is released, upgrading our blockchain to a smart-contract platform adapted from Ethereum. This major update enables virtually all of Ethereum’s capabilities while incorporating our treasury, masternodes, and governance systems, all-in-one. | | Q2 2020 | Energi reserve reaches over 4.7M NRG (valued at the time at over US$10M), which represents the industry’s strongest and most sustainable treasury model. | | Q3 2020 | Major focus on developing our exchange Energi X, which will be the main driver of future demand for NRG. Energi begins work on synthetic assets (similar to the Synthetix project, but built on Energi). | | Q4 2020 | Tokenized NRG (NRGE) launches on Uniswap, creating a bridge between the Ethereum and Energi Blockchains and allowing users to provide liquidity on Uniswap | | Q1 2021 | Tentative launch time frame for Energiswap, our Uniswap protocol port backed by the on-chain governance and stability of the Energi blockchain | | Q2 2021 | Tentative time frame to start public testing for Energi X, our upcoming cryptocurrency exchange with commission-free trading on all NRG pairs. | | Q3 2021 | entative launch time frame for Energi Synthetic Assets. Energi Synthetic Assets will allow a variety of synthetic cryptocurrencies, stablecoins, and other assets such as gold and silver that are in demand to be traded | | Q4 2021 | Tentative launch time frame for Energi X. Energi will continue expanding our DeFi ecosystem, including lending, derivatives, and other high-demand applications |