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Energi (NRG) exchange rate

Price for today

0.518 USD 2.55%

0.00002606 BTC -1.75%

Market Cap
27,998,702 $
Volume 24h
153,622 $
  • Name Energi

  • Symbol NRG

  • Circulating supply 54 006 026 $

  • Max supply 0 $

  • Cmc rank 499

  • Volume 24h 153 622 $

  • Percent change 1h -0,26 %

  • Percent change 24h 2,6 %

  • Percent Change 7d -10 %

About Energi

Energi cryptocurrency turned into conceived  at the 4th of July 2017, created with a coronary heart of freedom and liberation for humanity. The assignment’s vision is that of a effective self-sufficient and economically-optimized cryptocurrency (which on my own is very uncommon inside the space), mixed with smart settlement skills, decentralized governance, and robust ethical management. In it’s layout, Energi’s coin emission is used because the primary funding mechanism for fueling its boom.  Energi attributes its fulfillment to strong economics and skilled management, despite extremely difficult marketplace conditions. As of now, Energi has over 50 active participants building Energi. In regard to development repute, Energi has moved to an Ethereum-based code-base. Energi has adopted all of Ethereum’s present skills, similarly to our finely tuned Treasury and Governance version to considerably expand increase and adoption. Energi will constantly upgrade the code-base to maximize competencies, or eventually broaden a latest platform with the modern-day generation because the finest needs within the cryptocurrency space emerge as clear and preserve to adapt.

What is Energi (NRG)? 

Energi is a self-financing peer-to-peer cryptocurrency project which operates on an Ethereum-compatible network. Energi's goal is to become a semi-store of value and an easy way to transfer crypto across the globe. Energi token goes by a ticker NRG.

NRG history started in July 2017, when its founder, Tommy World Power, decided to create his own crypto. Before starting his project, Tommy used to run a blog about cryptocurrency on Youtube. This allowed him to establish a community of followers. Today, Energi represents a team of 64 senior blockchain developers and other specialists. 

In April 2018, Energi launched its mainnet. Energi cryptocurrency embodies four main principles:

  • Ethereum-compatible smart contracts (you can seamlessly transfer any Ethereum coin, project, decentralized application (dApp) to Energi network);
  • Second-layer Masternode Network (allowing integrating decentralized finance (DeFi) apps, high transaction throughput, as well as scalability);
  • on-chain governance (providing top user protections and blockchain security);
  • a self-funding Treasury (The project  had no Premine/ICO, and it doesn’t rely on external funding).

On February 26, 2019, Energi went from proof-of-work PoW and an application-specific integrated circuit (ASIC) resistant algorithm called Energihash (similar to Etherium's Ethash) to a proof-of-stake (PoS) consensus protocol with a network of masternodes. Staking is more energy-efficient compared to mining and therefore suits the principles of the Energi ecosystem.

There was no premine or initial coin offering (ICO) concepts of NRG. Instead, Energi distributed coins through earn-drop programs. The participants could earn up to 100 coins as rewards for doing tasks like following Energi's social media pages, posting comments about the project, and liking tweets. During this campaign, the company handed out more than 3.8 million NRG coins to over 45 thousand users all over the world.

Energi needed a way to build capital, and that's where the crypto Treasury system came into play. So, what's NRG Treasury and how does it work? The Treasury model works by allocating one million NRG tokens to the network every month. Then, a decentralized smart contract distributes NRG stocks between the participant parties in the following manner:

  • 10% goes to stakers (PoS);
  • 10% goes to the Backbone (reward for the project leadership);
  • 40% goes to holders of Masternodes;
  • 40% is allocated to the Treasury.

This process repeats every month, and no single party can alter or terminate it. Recently, the Energi network introduced a new decentralized finance (DeFi) feature called Energiswap Dex. The team is also planning to launch the Energi-Ethereum Bridge that will enable freely sending assets from one platform to another.

Energi Price Live Data

After its bull run on March 31, 2021, and reaching a peak price of $4.41, NRG coin price started descending to its current value of $2.05 (June 14, 2021). Similar to other digital coins, NRG token has entered a bear market phase and stands at about the same level as the beginning of March 2021. Right now, Energi occupies 340th place on the market capitalization ranking. 

How to Convert Energi

Ethereum (ETH) and Bitcoin (BTC) are among the most popular pairs with Energi crypto. Godex is one of the platforms where you can buy NRG using both of these coins. Let’s say you want to quickly and most importantly safely swap your BTC to NRG. All you have to do is to utilize our exchange platform and follow this simple step-by-step guide:

  • In the middle of the page, find two fields with numbers. By clicking on the left side of the "You Send" field, you will be able to enter the number of BTC tokens that you want to convert to NRG. In the "You Get" field, you will see the amount of NRG tokens you will receive.
  • If you are satisfied with the ratio, click on the "Exchange" button. After that, you will need to enter your NRG wallet address in the "Destination address" field.
  • After you ensure that your input data is accurate, press the "Exchange" button one more time.
  • Godex will automatically generate a deposit address with a unique transaction ID. Send the amount of BTC you want to swap to NRG via the generated link.
  • Wait for the confirmation of your transaction. You will find a detailed report of your transactions on the "Completed" page.

Can You Mine Energi? 

So, is Energi mine available? Essentially, the coin is a fork from Dash and Dash implemented PoW consensus protocol at that time. In February 2019, Energi switched from PoW to PoS. Now, you cannot mine NRG coin, but you can lock its value ('stake' coins) and earn rewards for it. You can obtain Energi tokens by trading other digital tokens for them on Godex exchange platform.

F.A.Q.

How Does Energi Work?

Energi PoS consensus protocol rewards its stakers with masternodes for their continued upkeep and maintenance of blockchain nodes. Anyone who possesses one NRG token can participate in the Treasury model.

Energi masternodes receive 40% of the one million coins released every month. 10,000 coins are required to run a masternode.

Once you obtain a masternode, you will have a right to propose and vote where to allocate the funds generated monthly for the Treasury system (40%). You will also receive up to 50% of the annual return for staking.

You can use NRG native wallets such as MyEnergiWallet and Core Node for storing and staking your NRG tokens. These wallets work on macOS, Windows, and Linux software systems. They also have automatic backup support.

What Makes Energi Unique?

Unlike other cryptocurrencies, Energi has unique security features. Those features are implemented through one of the main pillars – on-chain governance. Energi has team members that are specifically responsible for safety within the native coin’s community. Those people protect users from scammers and hackers. Furthermore, Energi has a fund recovery system and 24/7 live support. On the whole, here is why this project is unique:

  • outstanding security system
  • 24/7 live client support
  • 3.5-day delay policy
  • positive environment impact

Energi established their bureau of investigation called EBI and has people working from the cybersecurity space. It also has a 3.5-day delay policy, meaning they can freeze your transaction and recover it in case of some suspicious activity with your funds.

Through its Treasury model, Energi can invest in programs like its native Impact. It  focuses on environmental issues, child education, and eco-tourism. Energi projects such as Bali Orphanage, Trash Cleanups, and Sharkgirl Madison are helping to solve and bring light to problems the world is facing today.

As for NRG, paying with this coin guarantees that you are purchasing the actual green energy produced in your local district within the last 15 minutes. These coins are issued at a stable rate by a decentralized smart contract, which no single party can alter or terminate. It provides more confidence and stability in the ROI of renewable generators.

How Many Energi (NRG) Coins Are There in Circulation?

There are 41,879,330.86+ NRG tokens under circulation. The current coin’s supply is unlimited. This platform has a fixed amount of one million coins created every month (via CoinMarketCap). 

Is Energi (NRG) a Good Investment?

NRG coin price will increase to $4.145 in 2022. NRG has the potential of hitting a 113.05% boost in value in one year from now. The predicted price for the end of 2026 is $10.939 (According to WalletInvestor).

Company's generous staking system and its ambitious team make NRG a superior long-term investment for those who seek security and passive income. Now is a perfect time to buy NRG tokens.