Energy Web has just shared its new MiCA compliant whitepaper.
You can read here - https://t.co/tX5MCN66bJ
This is a big thing because it turns $EWT from a normal altcoin to one of the tiny handful of tokens that are fully compliant and legally tradable across the entire European Union without any restrictions.
Also note there is no change in token supply. Max cap remains at 100mil same as before.
This opens gate for EWT to get listed on any MiCA licensed crypto asset service provider (CASP) in Europe like Coinbase, Crypto . com , Revolut, and many more to attract huge liquidity from this market without any regulatory hurdle.
EWT is now one of the very first non stablecoin Layer1/utility tokens with an officially notified fully MiCA compliant white paper. That is very big.
This means all those exchanges and crypto asset service providers can now offer EWT to its retail and institutional clients without regulatory objection.
Also it enables the entry of $EWT for Digital Asset Treasuries (DATs). This is going to become very exciting in coming months.
This also removes the previous gray zone status for EWT that might have scared off many European institutions to invest into Energy Web. Thats why i am saying that its a very big change for EWT token from every angle.
Big Energy utilities, grid operators, renewable project developers, and corporates (especially in Europe) now have zero regulatory friction to hold, stake, or use EWT for their decarbonization applications.
The vast majority of altcoins/Layer1s are still not MiCA compliant and are delisted or restricted on EU exchanges. EWT just jumped to the very front of the line for European market access with this compliance.
This makes EWT one of the safest green blockchain tokens from a compliance perspective. Highly attractive for ESG mandated funds and corporate treasuries.
This will attract more liquidity from the market and big institutions which means lower volatility which means more enterprises willing to build and integrate into Energy Web ecosystem.
Energy Web has a lot of big members like Shell, Vodafone, PTT, Volkswagen, AEMO, Porsche, BlackRock and more in its list and now they all have a fully compliant native token they can use to build upon or stake without any regulatory issue.
So overall we can say that EWT can become one of the default compliant green blockchain tokens for the European energy transition and has huge potential to capture a large share of the growing decarbonization blockchain market in the Europe.
Thanks for reading.
@energywebx
Contract security is critical for blockchains looking to connect to real-world energy systems.
In this article, we break down how @Hashlock_ is auditing @energywebxβs core infrastructure to secure blockchain-based energy solutions.
Read the full guide π
https://t.co/NNSy64HrCL
The Ribbit Capital Token Letter gave a direct nod to @ribbita2012
πΈ "One lesser-known agent has taken a particular interest in fintech and frogs (make of that what you will)"
Youβd have to be an idiot not to see it at this point..
$TIBBIR is clearly @RibbitCapital stealth proxy play
Happy $400m for $TIBBIR believers. Clear winner of the cycle has emerged, time to still get onboard imho, if you want to salvage whatβs left of this fucked up cycle (for most ppl).
A quiet regulatory change just unleashed the blockchain revolution
The πΉπ Thailand SEC has approved a framework for tokenized carbon credits, RECs & allowances, aiming to drive sustainability & position Thailand as a global carbon trading hub
Why this is a huge deal for $EWT?‡οΈ
@zachxbt@OpenVPP Also I can't find them on the Britsh Virgin Island Business search: https://t.co/dwytVktNBG They claim: OpenVPP Labs Limited, a British Virgin Islands company (βCompanyβ)
This week the project @OpenVPP ($OVPP) claimed to be working with the US government on the tokenization of energy.
12 hrs ago Hester Pierce replied saying she does not work alongside or endorse private crypto projects.
OpenVPP then hid her reply from the post.
I reviewed the accounts promoting OpenVPP and itβs the usual influencer suspects.