Energi was conceived by Tommy World Power on the 4th of July 2017 (Independence day in the USA), created with a heart of freedom and liberation for humanity. Tommy’s vision is that of a powerful self-sufficient and economically-optimized cryptocurrency (which alone is very rare in the space), combined with smart contract capabilities, decentralized governance, and strong moral leadership.
In it’s design, Energi’s coin emission is used as the primary funding mechanism for fueling its growth. Tommy spent thousands of hours researching the cryptocurrency space and its technologies from a high level since 2013, originally in order to make good investments. Tommy recognized the enormous missed value in the space with respect to the combination of Energi’s proposed features, but recognized how difficult it was for other projects to change and understand his vision, so instead he chose to create it, and thus Energi was born. Tommy made a video on his early concept, and soon after began working on Energi.
In its first year and until launch, Energi was primarily in a development phase and funded solely by Tommy. No money was raised by outside or public investors, and there was no ICO. Finally, after the concepts Tommy engineered had been brought to life, Energi launched on April 14th, 2018. Through the bear market of 2018, Energi continued to grow and expand, at a time when most projects had gone into hibernation mode, or even completely diffused. Energi attributes its success to strong economics and skilled leadership, despite extremely challenging market conditions. As of now, Energi has over 50 active contributors building Energi.
In regard to development status, Energi is in the process of moving to an Ethereum-based code-base (Roadmap). Energi will adopt all of Ethereum’s existing capabilities, but will also be imbued with our finely tuned Treasury and Governance model to drastically expand growth and adoption. We are grateful to the Ethereum developers and community, and will support Solidity devs and projects who come to Energi where they may benefit from our services, while working with the same basic coding architecture. Over time, Energi will continually upgrade the code-base to maximize capabilities, or eventually develop a brand new platform with the latest technology as the greatest needs within the cryptocurrency space become clear and continue to evolve.
As Energi nears it’s 3.0 platform release, Energi may become the first and only cryptocurrency to effectually accomplish this combination of major features (strong treasury/funding + smart contracts + governance). Our goal is to bring Energi forth as one of the most dominant, if not THE most dominant cryptocurrency platform in existence in the coming years. We aspire to be a globally-impacting organization with what we feel are the right ingredients to achieve it.