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Bittwatt (BWT)

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Status
ICO

Bittwatt is a matchmaking platform that connects all market players (from DSOs to consumers) and provides a standardized blockchain protocol for sharing relevant business information, all the while creating a decentralized service for energy supply, billing and balancing.

Bittwatt White Paper Whitepaper

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Ticker
BWT
Type
Utility-token
Registration countrySingapore

What is Bittwatt

Bittwatt is a blockchain-driven energy trading market. The solution is designed to directly connect energy producers, suppliers, consumers and traders. Producers and suppliers will be able to place their offers that will be matched with consumers’ requests through smart contracts. The Bittwatt system will enable sharing of real-time consumption data.

The team is introducing an ERC-20 Bittwatt tokrn (BWT). One BWT will be equivalent to 1 kWh. All payments and transactions on the platform will be executed with BWT.    

Token Sale Dates

Presale Period

Start date: Mar 18, 2018
End date: Mar 22, 2018

ICO

Start date: Apr 01, 2018
End date: May 27, 2018

Token Allocation

Presale Token Supply 90,000,000
Total Token Supply 164,000,000

Funding Details

Soft Cap 25,300,000USD (fiat)
Funds Raised (as of now) 20,000,000 USD

Token distribution


254,000,000 tokens are sold during the ICO7; (75%)
33,800,000 tokens are reserved for the team; (10%)
16,900,000 tokens are reserved for advisors; (5%)
16,900,000 tokens are reserved for country advisors; (5%)
8,500,000 tokens are reserved as bounty; (2.5%)
8,500,000 tokens are reserved for country-level marketing; (2.5%)

Funds allocation


55% expansion and marketing purposes;
30% software development;
15% integration with already existing, traditional platforms

Token Price and Payment Options

Token price USD 1 BWT = 0.17 USD
Accepted Currencies BTC ETH

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