Internet of Energy Network Price

Internet of Energy Network is a cryptocurrency designed to revolutionize the energy sector through blockchain technology. Launched in 2021, IOEN aims to create a decentralized network that enables connectivity and value exchange between energy devices, users, and markets. The project's goal is to establish a new energy economy driven by blockchain and Holochain technologies. Key features of Internet of Energy Network: 1. Protocol for connecting clean energy microgrids 2. Enables peer-to-peer energy trading 3. Built on Ethereum, Polygon, and BNB Chain Current market data: - Price: $0.000746 - 24h change: -36.78% - Market cap: $236.54K - Circulating supply: 317.05M IOEN - Total supply: 110.4M IOEN - All-time high: $0.4429 (November 16, 2021) - All-time low: $0.0002374 (May 24, 2025) Internet of Energy Network aims to create an open protocol and standard for connecting energy devices, facilitating a more efficient and sustainable energy ecosystem. As the project develops, it has the potential to play a significant role in the transition to clean energy and decentralized power systems.

Internet of Energy Network was created on October 13, 2021. The cryptocurrency was launched on the Ethereum platform and aims to establish a new energy economy driven by blockchain and Holochain technology. Internet of Energy Network is designed to enable connectivity and value exchange between energy devices, users, and markets within clean energy microgrids. Since its creation, Internet of Energy Network has been working towards building an open protocol for connecting and facilitating transactions in the energy sector.

The founders of Internet of Energy Network (IOEN) are David Martin and Adam Bumpus. They established the project with the goal of creating a decentralized energy network powered by blockchain technology. David Martin brings extensive experience in the energy sector, while Adam Bumpus contributes expertise in climate change and sustainable development. Together, they aim to revolutionize the energy industry by enabling peer-to-peer energy trading and promoting the adoption of renewable energy sources through the Internet of Energy Network ecosystem.

Internet of Energy Network works as a decentralized protocol for connecting and enabling value exchange between energy devices, users, and markets. It utilizes blockchain and Holochain technology to create a new energy economy. Key features include: 1. Connecting clean energy microgrids: Internet of Energy Network allows devices within microgrids to communicate and trade energy with each other. 2. Community-driven network: The system is powered by a network of community participants. 3. Open protocol: Internet of Energy Network provides open standards for energy connectivity and value flow. 4. Cross-chain compatibility: The IOEN token operates on multiple blockchains, including Ethereum, BNB Chain, and Polygon. 5. DeFi integration: Internet of Energy Network incorporates decentralized finance elements to facilitate energy trading and investments. The IOEN token, with a current price of $0.000746, serves as the native cryptocurrency for transactions and governance within the Internet of Energy Network ecosystem. With a circulating supply of 317.05M IOEN and a maximum supply of 1B IOEN, Internet of Energy Network aims to revolutionize the energy sector by creating a more efficient, sustainable, and interconnected energy marketplace.

The technical architecture of Internet of Energy Network (IOEN) is built on a combination of blockchain and Holochain technologies. It utilizes a protocol that enables connectivity and value exchange between energy devices, users, and markets within clean energy microgrids. The system allows devices to trade energy with each other, creating a decentralized energy economy. Key components of the Internet of Energy Network architecture include: 1. Ethereum blockchain: IOEN tokens are ERC-20 compatible and run on the Ethereum network. 2. Holochain: Provides a distributed computing framework for scalable peer-to-peer applications. 3. Smart contracts: Enable automated energy trading and settlement between participants. 4. Microgrid connectivity: Allows local energy systems to interact and trade resources. 5. IoT integration: Connects various energy devices and sensors to the network. This architecture aims to create an open, interoperable standard for energy exchange, fostering a more efficient and sustainable energy ecosystem. As of 2026-05-02, Internet of Energy Network has a market cap of $236.54K and is ranked #3823 among cryptocurrencies.

The future of Internet of Energy Network (IOEN) looks promising. The project aims to revolutionize the energy sector by creating a decentralized network for clean energy microgrids. Key milestones on the roadmap include: 2026: Expand partnerships with energy providers and device manufacturers to increase adoption. 2027: Launch improved version of the IOEN protocol with enhanced scalability and interoperability features. 2028: Integrate with major smart home ecosystems and IoT platforms to reach mainstream users. 2031: Achieve widespread adoption, with IOEN powering millions of connected energy devices globally. Long-term price predictions: --: $$0.000746 --: $$0.000746 --: $$0.000746 --: $$0.000746 As Internet of Energy Network continues to develop its technology and expand its ecosystem, it has the potential to become a leading player in the emerging decentralized energy market. However, as with any cryptocurrency project, actual results may vary based on market conditions and adoption rates.