what is Energi?
Energi (NRG) is a next-generation Proof of Stake (PoS) cryptocurrency that combines smart contract capabilities, decentralized governance, and a self-funding treasury. 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.
Energi (NRG) is set to soon set itself apart from the rest of the cryptocurrency space through a blockchain migration to become Energi 3.0. Before we get into that, let’s first look at what Energi is and how its strong fundamentals differentiate it.
The cryptocurrency was launched in April 2018 after 9 months of development with various features that help it stand out from other top cryptocurrencies. It’s built on four main pillars supported by its innovative features.
These features include a self-funded treasury that sees Energi allocate 40% of its monthly minted coins to fund its treasury, which in turn funds projects through a decentralized governance mechanism.
How do I buy cryptocurrency?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.