What is Energy Web Token?
Energy Web Token is the native token of the Energy Web chain. EWT is designed to support enterprise-grade applications in the energy sector. Energy Web Chain is operated and governed by over 25 validators nodes from 15 countries, including utilities, grid operators, and startups. In addition to its native token, the EW chain supports all ERC standards.
The Energy Web chain was launched in June of 2019 by the Energy Web Foundation and its global consortium of members, that includes upstream energy companies, utilities, grid operators, software developers, and tech vendors.
Energy Web Foundation is a global nonprofit unleashing blockchain's potential in the energy sector. If you take a look at their ecosystem, there are large international companies among them.