Energy Web Token (EWT)

The current architecture is centred on Energy Web X, a public, permissionless nominated proof-of-stake blockchain. This network is paired with the Verified Compute Cloud, which handles off-chain business logic while preserving verifiability for enterprise and market applications. Together, these layers allow Energy Web to support blockchain-native settlement and identity functions while also processing more complex workflows that may not be practical to run entirely on-chain.

EWT also circulates as an ERC-20 token on Ethereum, which acts as an important settlement and custody environment. A validator-governed, two-way bridge connects Ethereum with Energy Web X, allowing the token to move between the networks while preserving total supply and maintaining its utility across the ecosystem. The original Energy Web Chain, a proof-of-authority network where EWT first launched in June 2019, remains operational for archival purposes and compatibility with earlier applications.

EWT is used to secure and operate the network, pay for activity, and support participation in the platform’s decentralised services. Its distinction in the crypto market is its sector focus: rather than targeting general-purpose finance alone, Energy Web applies blockchain infrastructure to energy and sustainability markets. The token has also been included in the European Securities and Markets Authority register in connection with MiCA compliance.