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Energy Web Token buy CrazyEights

Start price
€8.12
21.11.21 / 50%
Target price
-
21.11.22
Performance (%)
-43.74%
End price
€4.57
04.03.22
Summary
This prediction ended on 04.03.22 with a price of €4.57. Massive losses of -43.74% were the result for the BUY prediction by CrazyEights. CrazyEights has 50% into this prediction

Energy Web Token (EWT) is a utility token that powers the Energy Web Chain, which is a public, permissioned blockchain specifically designed for the energy sector. The Energy Web Chain enables decentralized energy marketplaces, traceability of green energy, and secure identity and data streams for devices connected to the grid.

The main application of the Energy Web Token is to incentivize and reward participants in the energy market who contribute to the Energy Web Chain's ecosystem. This includes renewable energy providers, grid operators, electric vehicle fleet managers, and developers of energy-related decentralized applications.

One of the key benefits of the Energy Web Token is its ability to facilitate peer-to-peer trading of energy between producers and consumers. This allows for a more decentralized energy system, which can help reduce greenhouse gas emissions and create new revenue streams for energy producers.

Other applications of the Energy Web Token include identity and access management for connected devices, certification of renewable energy production, and enabling the development of new energy-related applications on the Energy Web Chain.

Overall, the Energy Web Token is a promising platform for the energy industry and has the potential to revolutionize how energy is bought, sold, and distributed in a more sustainable and efficient manner.

Performance without dividends (%)
Name 1w 1m 1y
Energy Web Token 11.331% 11.331% -8.734%
iShares Core DAX® 2.112% -0.367% 13.466%
iShares Nasdaq 100 -2.197% -3.794% 38.426%
iShares Nikkei 225® -1.555% -7.320% 18.451%
iShares S&P 500 -0.472% -2.078% 27.488%

Comments by CrazyEights for this prediction

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In the thread Trading Energy Web Token
Prediction Buy
Perf. (%) -43.74%
Target price
Change
Ends at 21.11.22

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