Enrgix is a decentralized physical infrastructure network (DePIN) and Real-World Asset (RWA) platform built on the Solana blockchain. ^[1] The project focuses on tokenizing sustainable energy assets, such as electric vehicles and solar panels, with the goal of accelerating the adoption of accessible, sustainable energy. ^[2]

Overview

Enrgix aims to address inefficiencies in the global energy sector, which it identifies as relating more to distribution and value utilization than to production. The project's model is designed to empower individual energy rights and enhance the value of electricity by creating a decentralized network that connects on-chain finance with off-chain physical infrastructure. It operates as a DePIN, leveraging blockchain technology to tokenize real-world energy assets like electric vehicles (EVs), battery-swapping devices, and solar panels. This process of RWA tokenization is intended to make investment in and the development of sustainable energy infrastructure more accessible to a global audience. ^{[2] [1]}

The core strategy involves creating a dual-sided marketplace. On one side, it provides low-cost access to essential energy equipment for offline users, such as gig economy riders in developing nations. This is funded by the other side of the marketplace, which consists of on-chain investors who purchase the RWA tokens. These investors are projected to earn stable returns generated from the revenue of the real-world asset usage. The platform is designed to be a comprehensive solution covering the energy lifecycle, including production, distribution, data tracking, and infrastructure development. ^{[3] [4]}

Enrgix reports that it has established offline operations in several regions, including Indonesia, Bangladesh, Africa, and the Middle East. The project also states that it is backed by undisclosed investors from publicly listed companies. ^{[5] [1]}

Architecture

The Enrgix network is built on a multi-layered architecture designed to integrate physical hardware with on-chain financial protocols on the Solana blockchain. This structure connects an on-chain financial component with an off-chain operational component, linked by a data integration layer. ^[2]

On-Chain Layer

The on-chain layer is built on the Solana ecosystem, chosen for its high transaction throughput and low costs. This layer contains all the financial logic and user-facing applications. It is responsible for managing the tokenization, sale, and transfer of RWAs through smart contracts. Products managed on this layer include the EVAT RWA tokens and the EnrgiRider NFT collection. It also includes the decentralized application (DApp) that serves as the primary interface for investors to purchase tokens, monitor their holdings, and receive yield distributions. The smart contracts are designed to automate the distribution of revenue generated by the off-chain assets directly to the token holders' wallets. ^{[4] [6]}

Off-Chain Layer

The off-chain layer consists of all the project's real-world physical operations. This includes the tangible assets that back the RWA tokens, such as the fleet of electric motorcycles and their associated battery-swapping stations. The operational scope of this layer covers the procurement and deployment of these assets, the management of service centers for vehicle maintenance, and the recruitment and coordination of the end-users (riders). This layer is also responsible for the collection of revenue from asset usage, which is the source of the yield paid to on-chain investors. The physical operations are geographically located in the project's target markets, such as Indonesia. ^{[1] [4]}

Integration and Data Layer

This layer functions as the critical bridge connecting the physical assets to the blockchain. Enrgix describes this component as incorporating "DeGen tech," artificial intelligence (AI), and the Internet of Things (IoT), collectively termed Enrgi AIoT. IoT devices are installed on the physical hardware, such as the electric mopeds, to collect and transmit real-time operational data. This data includes usage metrics, location, and performance, which is then verified and recorded. This process is intended to ensure the integrity of the RWA data and provide transparent, verifiable proof of the economic activity that underpins the on-chain-generated yield. The platform's native operating system, EnrgiXOS, likely manages the data flow between the devices and the on-chain smart contracts. ^{[2] [5]}

Products

Enrgix has developed several products that constitute its on-chain ecosystem and physical network.

EVAT (Electric Vehicle Asset Token)

EVAT is the project's flagship RWA product, representing tokenized ownership of physical energy assets, with an initial focus on electric motorcycles. First announced in June 2023, EVAT is designed with a standardized structure to facilitate the fractionalization of these assets for on-chain investment. Through the EVAT DApp, investors can purchase tokens that are directly backed by revenue-generating vehicles. The revenue collected from the vehicles' daily use by riders is then distributed to EVAT holders. The project states a target for these returns to be over 18% APY. ^{[6] [4]}

Vision1 & Vision1 Pro

Announced on January 8, 2025, the Vision1 and Vision1 Pro are described as the first Web3-powered e-mopeds. These vehicles are key hardware components of the Enrgix DePIN. They are designed to merge blockchain technology with sustainable urban mobility, serving as the primary physical assets tokenized through the EVAT platform. ^[5]

EnrgiRider NFT

The EnrgiRider NFT is the genesis Non-Fungible Token (NFT) collection for the Enrgix ecosystem. The collection is positioned as an entry point for community members to participate in the project's Web3 initiatives. Whitelist spots for the collection were promoted through community events on platforms like Zealy in late 2024. The specific utilities are intended to provide unique benefits or access within the Enrgix platform. ^{[5] [6]}

EnrgiX Point System

Launched in March 2023, the EnrgiX Point System is an incentive mechanism created to reward user participation and engagement. The system is designed to quantify and reward contributions to the network's growth and community activities. ^[6]

Features

Enrgix's platform is designed around several key features that connect its technological framework to its business model.

RWA Tokenization

The central feature of the project is the tokenization of real-world assets. This process converts the economic value and ownership rights of physical energy equipment into fungible digital tokens on the Solana blockchain. This makes the assets liquid and divisible, allowing them to be traded and accessed by a broader range of global investors who might otherwise be unable to invest in physical infrastructure directly. ^[1]

DePIN Framework

The project utilizes a Decentralized Physical Infrastructure Network (DePIN) framework to build and manage its network of physical hardware. In this model, decentralized participants contribute capital to fund the deployment and maintenance of the infrastructure. The framework is designed to align the incentives between the asset operators, the end-users, the investors, and the platform itself, fostering a community-driven approach to network growth. ^[2]

Yield Generation

The platform provides a mechanism for investors to earn yield that is derived from the real-world economic activity of tangible assets. Through the EVAT product, yield is generated from the fees paid by riders for using the electric motorcycles. This model links DeFi yields to the performance of an offline business, which aims to provide more stable and predictable returns compared to yields from purely speculative on-chain activities. ^[4]

Energy Data Verification

Enrgix has implemented a system for tracking, verifying, and recording data related to the entire lifecycle of the energy used within its network. This feature is intended to provide transparent data on energy production, consumption, and carbon footprints. This verifiable data can be used for purposes such as carbon accounting and other sustainability initiatives, adding another layer of utility to the network. ^[2]

Ecosystem

The Enrgix ecosystem is designed as a symbiotic relationship between several key groups of participants and organizations.

Key Participants

• On-Chain Investors: These are users of the EVAT DApp and other on-chain products who provide capital to the network by purchasing RWA tokens. Their primary motivation is to gain exposure to the green energy market and earn passive income from the yield generated by the underlying physical assets. ^[4]
• Offline Asset Users: This group consists of the individuals and businesses who use the physical equipment provided by the Enrgix network. This primarily includes gig economy riders in developing markets, such as Jakarta, who are granted low-cost access to electric motorcycles for ride-sharing and delivery services. ^[1]
• Hardware Members: These are the companies that supply the physical energy equipment, such as EVs, batteries, and solar panels, for deployment within the Enrgix DePIN. They are key partners in scaling the physical infrastructure of the network. ^[2]

Green Energy RWA Alliance

Enrgix is the founder of the Green Energy RWA Alliance, which it announced on October 15, 2024. The project describes this as the world's first industrial collaboration organization focused on the green energy RWA sector. The alliance's stated goal is to unite various stakeholders—including energy enterprises, financial institutions, and technology providers—to explore new opportunities, establish industry standards, and promote the growth of tokenized green energy assets. ^{[5] [6]}

Use Cases

The Enrgix platform is designed to support a range of applications for different participants in its ecosystem.

• Investment in Sustainable Energy: It serves as a vehicle for individuals and institutions to invest in green energy infrastructure projects without the complexity of direct ownership or management of physical assets. ^[1]
• Accessible Energy Infrastructure: It provides an alternative financing model that offers low-cost access to essential energy equipment, aiming to empower income-generating activities for users like electric motorcycle riders in emerging markets. ^[1]
• Yield Generation from Real-World Assets: It enables token holders to earn passive income from the revenue generated by the real-world commercial use of electric vehicles and other deployed energy equipment. ^[4]
• Portfolio Diversification: The platform allows investors to hold tangible, RWA-backed tokens as a form of portfolio diversification away from purely digital crypto assets. ^[4]
• Sustainability Data Tracking: The network can be used for tracking and verifying energy data, which can support carbon footprint accounting and other corporate or individual sustainability initiatives. ^[2]

The combination of these use cases positions the platform to connect capital from developed markets with infrastructure needs in developing regions. ^[2]

Tokenomics

The Enrgix ecosystem is designed around a dual-token model, which includes its RWA tokens (like EVAT) and a native utility and governance token, reportedly to be named $ENRGX. ^[2]

$ENRGX Token

The $ENRGX token is anticipated to be the native utility and governance token of the Enrgix protocol.

• Utilities
  • Serving as the medium for participating in the platform's on-chain governance mechanism.
  • Functioning as a reward for participants who contribute to the network's operation, security, and data verification.
  • Staking to help secure the network and earn additional rewards.
  • Facilitating transactions and paying for services within the EnrgiX marketplace.
• Allocation
  • Specific details regarding the total supply, token allocation percentages, and vesting schedules for the $ENRGX token have not been published in the available source materials.
• Governance
  • Enrgix plans to implement an on-chain governance model that will allow $ENRGX token holders to participate in key decisions. This includes voting on proposals related to protocol upgrades, treasury management, and the future development of the platform, with the goal of transitioning towards a decentralized, community-led operational structure.

EVAT Token

EVAT is the primary RWA token within the ecosystem, representing an economic stake in the physical assets.

• Utilities
  • Represents a fractionalized ownership stake in a pool of real-world energy assets, such as electric motorcycles.
  • Entitles the holder to a share of the daily revenue generated by the commercial use of the underlying physical assets.

The information regarding the platform's tokenomics is primarily derived from its official documentation. ^{[2] [4]}

Confirmed Partnerships

Enrgix has established several collaborations and makes claims regarding its financial backing, although specific details are limited in some cases.

• BitradeX: The project announced a strategic partnership with the entity BitradeX. ^[4]
• Green Energy RWA Alliance: Enrgix is the founding member of this alliance, which it initiated to foster collaboration within the green energy RWA sector. ^[5]
• Hardware Members: The project collaborates with an unspecified number of hardware suppliers who provide the physical equipment for its DePIN network. ^[2]
• Listed Company Investors: Enrgix states that it is backed by investors from publicly listed companies, though the names of these companies have not been disclosed. ^[1]