 | Restart Energy (MWAT)ICO The Restart Energy Democracy Platform connects energy producers and traders with retail customers around the globe in a transparent, decentralized manner that creates value for all the parties. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Restart Energy
Restart Energy is a private gas and energy provider based in Romania. Their RED-P project (Restart Energy Democracy Platform) is a global blockchain-based decentralized energy supply platform.
Registered RED-P consumers and producers will get access to global energy supply, intelligent Wi-Fi meters, watt prediction software and P2P energy exchange. Consumers will also receive Restart Energy green certificates.
Restart Energy issued RED MegaWatt tokens (MWAT). The tokens are batteries backed by minimum 0,11 KWh of active energy. The Restart Energy tokens holders will be able use them to pay for energy or sell it to other RED platform participants. The platform, however, will use another proprietary KW (1 KWh of energy) token for internal transactions. MegaWatt token holders accessing the RED platform will get KW tokens each month.
Restart Energy expect their blockchain-driven ecosystem to help reduce the costs and eliminate difficulties associated with bureaucracy and monopolists. Thus, Restart Energy team also offer MegaWat token holders the option to obtain Restart Energy Franchise so that they could develop their own power retail business and get revenues.
DetailsPublic sales: Jan 22, 2018 - Jan 22, 2018Pre-sale token supply: 500000 Token supply: 500000 Raised: 30,000,000 USD LegalRegistration country: HungaryBountyBounty: 3%Translation: 15% Social media: 45% Bitcoin talk signature campaign: 35 % Other: 5 | Token infoTicker: MWATType: Utility-token Token standard: ERC-20 Token price in USD: 1 Token = 0.100000 USD Token price in BTC: 1 Token = 0.000065 BTC Token price in ETH: 1 Token = 0.000814 ETH Accepted currencies: ETH, BTC Bonus program: Pre-ICO: 10000$ - more - 20% ICO: During Day 1 of ICO sale period - 15%. Each day the bonus will go down by 1% down to a minimum of 0%. Token distribution: 80% - Issued 12% - Team 5% - Advisors 3% - Bounty Funds allocation: 20% - Upstream integration 20% - RED platform development 60% - RED Platform global expansion |
Restart Energy Roadmap
Integration of blockchain in the RED platform
Development of peer to peer energy exchange module
MVP (Minimum Viable Product) Development
Platform testing (internal)
Product launch with a selected producers/consumers
Country-wide launch
Start of world expansion
Project team
Advisors
Social media
