Rowan Coin RWN

1. Summary

Ranks

Liquidity

84

Developer

-

Social

77

Momentum (beta)

88

Stack Rank™

-

Price

$0.09 +6.0%

Market Cap

$17.60M (#1012)

Supply

195.00M / 545.00M

Tags

Energy Environment

More Metrics

Price
52W High price	$0.20
52W High date	14th Mar 2024 (4 months ago)
All Time High (ATH) Date	14th Mar 2024 (4 months ago)
ATH Price	$0.21
% From ATH	-27.89%
All Time Low (ATL) Date	18th Jul 2020 (4 years ago)
ATL Price	$0.000000002877
% From ATL	5246511345.49%

Supply & Trading Volume
Trading Volume (24h)	$261,020.00
Total Supply	545.00M
Max Supply	545.00M
Circulating Supply	195.00M

Less Metrics

Description

Rowan Coin

Read More

Rowan Coin

Rowan Energy Blockchain is the world's first community-supported Green Energy Blockchain. It employs a low-powered Proof of Authority consensus mechanism where each member either validates energy transactions or generates renewable electricity and sells it back to the community.

Key Components:

• Rowan Blockchain and Backend Software: This allows for the generation, storage, and exchange of both the Rowan Coin (RWN) and tokenized energy and carbon offset certificates by anyone connected to the network.
• Rowan SmartMiner: This acts as a node of the blockchain having two key functions:
  • Tokenization: The miner tracks renewable energy generated and stores it onto the blockchain, converting it into tokenized certificates.
  • Transaction Validation: It verifies transactions on the blockchain, ensuring that exchanges are valid and correct.
• User Software: This suite of software options allows several functions onto the solution, including:
  • User Management: For home green energy producers to monitor and manage their tokens and Rowan rewards.
  • Tokenized Certificates:
    • Rowan Offset Certificate (ROC): A tokenized certificate used by businesses and individuals to offset their carbon footprint.
    • Renewable Energy Certificate: Used in peer-to-peer energy trading.

Tokenomics:

• Rowan Coin (RWN): A token designed to facilitate transactions and incentivize renewable energy generation within the network.
• Supply and Demand: The tokenomics model is grounded on supply and demand fundamentals, aiming to decrease the circulating supply while incrementing the demand through real-world applications, driving the token's value.

Blockchain Functionality:

• Low-Carbon Consensus: Rather than traditional energy-hungry mining, blockchain validation requires the generation of renewable energy, making the process environmentally friendly.
• Applications: The blockchain is ideal for hosting decentralized applications (DApps) with various energy-related uses, such as peer-to-peer energy transactions and rewards-based platforms.

Show Less