(The Short Version)
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, layer 2 scalability built in, 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 (and we are always on the lookout for high-quality individuals to join us, see our Join our Team page if interested).
In regard to development status, Energi has moved to an Ethereum-based code-base (see our Roadmap). Energi has adopted all of Ethereum’s existing capabilities, in addition to 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.