Restart Energy (MWAT) ICO
Past ICOJan 22, 2018 – Jan 22, 2018
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.
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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.
ICO DetailsPre-ICO token supply: 500000
ICO token supply: 500000
Raised: 30,000,000 USD
LegalRegistration country: Hungary
Social media: 45%
Bitcoin talk signature campaign: 35 %
Token infoTicker: MWAT
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
10000$ - more - 20%
During Day 1 of ICO sale period - 15%. Each day the bonus will go down by 1% down to a minimum of 0%.
80% - Issued
12% - Team
5% - Advisors
3% - Bounty
20% - Upstream integration
20% - RED platform development
60% - RED Platform global expansion
Restart Energy (MWAT) 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
Start of world expansion
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