Edgeware (EDG) is a smart contract blockchain that operates on a Proof-of-Stake (PoS) mechanism. According to the official document, the Edgeware platform is a community-driven network and proposal system developed to support DAO (decentralized organization). This framework, in turn, is meant to allow the platform to provide users with multiple operational facilities, including:
According to the website, the platform has sustainable funding, a growing organizational structure, and open culture. These features accommodate the next generation of blockchain-enabled ideas, tools, and services that can help users to develop projects on the platform in a more simplified manner. Further, to support this overall operational framework on the platform, Edgeware launched its cryptocurrency, the EDG token.
EDG is the native token of the Edgeware platform and serves many different utilities on the platform. The functions of the token include: