Restart Energy ICO review, all information about token sale Restart Energy (MWAT) | ICORating
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Restart Energy

Energy & Utilities

Overview

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.

Features

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. 

Crowdsale

Token Sale
ICO start date 22 Jan 2018
ICO end date 22 Jan 2018
ICO token supply 500,000
Raised 30,000,000 USD
Legal
Registration Country Hungary
Token details
Ticker MWAT
Type Utility-token
Additional Token Emission No
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

Ratings

Type of ratings
Rating
Status
Hype score
High
Active
Risk score
Medium
Active

Team members

Name
Position
Score
Social
CTO
1
Online Sales Manager
1
CEO & Founder
1
CFO
1
Head of International Business Development
1
Head of Large Accounts
1
Head of Gas Supply
1
CSO
1
Co-Founder & Head of Energy Acquisitions
1
Energy Operations Manager
1
Swisscom Digital Lab
1
PR Manager
1

Advisors

Name
Position
Score
Social
Energy Adaptive Networks Expert
1

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Overdue Done No NA NA

Exchanges

Exchange name
Country
Fiat money
Social
NA m Kz
A-
Panama £ C$ $b
B+
Hong Kong $
B
Turkey $
B-
NA NA
B-
NA NA
NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info Medium
Basic Review
Restart Energy ICO Contacts
More on ICO

Trading

(MWAT)
$0.0145
1.53% 24H
ETH
return 0.15x
Start ICO 22 Jan 2018
End ICO 22 Jan 2018
Token MWAT
Price 1 MWAT = 0.1 USD
Product Type Ecosystem
MVP Only design
Registration Country Hungary
Whitepaper View
Restart Energy (MWAT) widget
Rating Get this widget
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