Hey everyone so I have a really cool project to share with you called Energi. They have a coin called NRG and I was fortunate enough to meet with part of the team at the Futurist blockchain conference a couple of week ago. They have some awesome change that they are implementing to the game and I’d like to share some of that with you as I widen my investing spectrum and get some free NRG through their earndrop too!
Introduction
Before we really get into what makes them different, it’s probably easiest to start off with an introduction. Energi builds on the concept of self-funded governance and currently has the largest treasury fund in the world of crypto!
Running since early 2017, they have taken a less traditional route of having no ICO and doing multiple rounds of “earndrops.” These are airdrops that require some basic action to earn the cryptocurrency.
Here are some of their main features:
- Support major operating systems
- Utilize an ASIC-resistant Ethereum hash algorithm
- Use proposals and masternode voting for on-chain decentralized governance
- Support a private and instant send on their wallet and offer wallet support with automatic backups
- They launched without an ICO
- They have a treasury dedicated to their development and marketing
- They have masternodes
This covers the framework, but the coin itself also has some awesome benefits too!
Their coin NRG has tons of features, but let’s cover the main ones:
- Their block time is 1 minute
- Their hashing algorithm is the dagger-hashimoto algorithm
- Their masternode requires 10,000 Energi
- Their treasury cycle runs every 2 weeks
- About 1 million Energi will be released every month
- Their inflation and treasury allocation are the engine that drives Energi
They really emphasize that they want to fuel re-investment using their treasury and create a positive feedback loop which is really ideal!
This post details their ROI calculations for running a masternode so you can decide if you want to potentially run a masternode yourself or invest in it. This just became possible on September 16h where you can now earn masternode reward payments for your contribution.
https://medium.com/energi/two-weeks-three-days-to-go-b6a2413f4b9a
If you’re serious about getting a masternode going, they have a guide on their medium you can check out here: https://medium.com/@rici_78480/84dbc7be5a1c
I won’t get into that as it’s much more involved and in-depth and I presume many of you won’t be that heavily invested, but I highly recommend checking it out. The ROI is pretty amazing especially early on.
You can also use the guide on their site which covers their masternodes tab as well within their wallet
How Can I Get NRG?
You can earndrop up to 100 NRG easily and also get referral bonuses and prizes.
They currently are running round 2 and 3 for their earndrops which enable USA and Canadian citizens for earndrop 2 and European, Australian, and New Zealand citizens for earndrop 3.
You can read the guidelines here:
https://medium.com/energi/energi-earndrop-round-2-is-live-47dbd0168b1e
https://medium.com/energi/energi-earndrop-round-3-now-live-18329870089d
Though it is straight forward and easy to claim your NRG! In my video I will quickly go through the process to earn from the earndrop so you can also follow along!
After you go through the process of signing up and confirming your email and phone number
Then when you sign in, you can do the normal KYC verification and get your NRG via different social engagements.
Cryptopia, Cryptobridge, and Coinexchange.
You can also check their price and see what exchanges they are on as well as their cryptocurrency rank on CoinMarketCap: https://coinmarketcap.com/currencies/energi/
It is performing pretty well and is already rank 802, which is very impressive. Below is an exert from their site for Energi’s performance since its inception.
Setting Up Your Wallet
Navigate to https://www.energi.world/downloads/ and you can download the wallet or miner there and get started easily.
Once installed, you will load in the wallet
After that you will have to connect to peers and sync up your wallet
Then after sometime you’ll get to your wallet and be able to send and receive your NRG! I will go through the process a bit more in the video attached.
What’s Next?
They have done a lot and have a lot coming down the pipeline. You can check their updated roadmap here: https://www.energi.world/roadmap/ or check it out below.
I can’t comment really on their upcoming updates, but they have a lot in the works as you can see and I highly recommend you follow them and keep up with them.
Where To Learn More
You can check out their website, but I’d say a better place to start is to go through their YouTube explanation video for a more visual walkthrough by the company
Get Connected
They have a pretty strong social presence that is still growing, so you can go ahead and follow them to keep up with their latest happenings below:
Twitter: https://twitter.com/Energicrypto
Discord: https://discordapp.com/invite/sCtgNC3
Telegram: https://t.me/energicrypto
Reddit: https://www.reddit.com/r/energicryptocurrency/
Facebook: https://www.facebook.com/Energi-Cryptocurrency-195355164580336/
Medium: https://medium.com/energi
Feel free to donate to me to help keep me going
ETH: 0x3fcb3018cbd53e0a6c93048eb5c7199487d7b7fe
paypal.me/scottcbusiness
Social Media And Contact Info
Twitter - https://twitter.com/Scottcbusiness
Facebook - https://www.facebook.com/ScottCBusiness
Instagram - https://www.instagram.com/scottcbusiness
LinkedIn - https://linkedin.com/in/scottcbusiness
YouTube - https://www.youtube.com/channel/UCDBycVghUbnimnzqirsU1Jg
Steem - https://steemit.com/@scottcbusiness
Minds - https://www.minds.com/scottcbusiness
Whaleshares - https://whaleshares.io/@scottcbusiness
Bit Tube - https://bit.tube/scottcbusiness
SOLA - https://sola.ai/scottcbusiness
Peepeth - https://peepeth.com/scottcbusiness
Connect on Lit - @scottcbusiness
▶️ DTube
▶️ IPFS
I'm on the fence when it comes to decentralized governance. Straight democracies don't tend to make the best decisions over long periods of time, especially as the number of generally uninformed/disengaged people grow and vote based on the opinions of their immediate circle.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well I mean you'd be informed enough to be running a masternode though. I do understand the concern, but I mean they will also be using the treasury to help alleviate issues as we press onward
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Please help this Blue Baby Patient, Laine Kharece by upvoting the link below. This is not a scam, we just need your support as part of steemit community. Thank you very much for reading and extending a little help.
https://steemit.com/upfundme/@wews/steemit-help-a-blue-baby-patient
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good to know!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah! Cheers
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good concept love to see your post keep it up
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey Hi From Montreal
Good to see Steemians from Canada
Cool content! Keep it up!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey hey! Thanks :) Yeah great to see other Canadians
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi, @scottcbusiness!
You just got a 0.43% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @scottcbusiness!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.542 which ranks you at #1822 across all Steem accounts.
Your rank has improved 3 places in the last three days (old rank 1825).
In our last Algorithmic Curation Round, consisting of 516 contributions, your post is ranked at #89.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations you got resteemed!
Resteem your Posts to 10650+ Followers — just send 0.1 SBD or STEEM to @yougotresteemed with link in memo (you also will receive a 100% upvote)!
You have a reputation of 30+? Make sure to grab your Steemit only Byteball Airdrop worth up to $160 USD.
For daily bloggers we offer a Resteem subscription including at least one Resteem a day and a daily feature + daily upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit