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Restart Energy (MWAT)

Restart Energy

Energy & Utilities


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.


The information contained in the document is for informational purposes only. ICORating received monetary compensation in the amount of $3235 from the entity listed in this report, solely for featuring this report on the ICORating website. However, ICORating did not provide and was not requested to provide a rating for the featured entity. The information contained in this document was provided by the featured entity to the ICORating Team and from data obtained from open access and information that developers provided to the team through Skype, email or other means of communication. Our goal is to increase the transparency and reliability of the young ICO market and to minimize the risk of fraud. We appreciate feedback with constructive comments, suggestions, and ideas on how to make the analysis more comprehensive and informative.


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. 


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



Bonus Program


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%.

Token distribution

80% - Issued

12% - Team

5% - Advisors

3% - Bounty

Funds allocation

20% - Upstream integration
20% - RED platform development
60% - RED Platform global expansion


Type of ratings
Hype score
Risk score

Funding Rounds


Custom blockchain
Overdue Done No NA NA

Rating Review and Analytics

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


6.13% 24H
return 0.04x
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
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