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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
ICO Platform 3
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 scores
Score
Status
Hype score High Active
Risk score Medium Active

Team members

Name
Position
Score
Social
Online Sales Manager
1
CTO
1
CEO & Founder
1
CFO
1
Lead Software Architect
1
Head of International Business Development
1
Head of Large Accounts
1
Head of Gas Supply
1
CSO
1
Marketing Manager
1
COO & Co-Founder
1
Chief of Markets
1
PR Manager
1

Advisors

Name
Position
Score
Social
Swisscom Digital Lab
1
Investment Banking Analyst
1
Investment Banking Specialist
1
Vision Sprout, Founder & CEO
1
Energy Adaptive Networks Expert
1
Head of Legal
1
Advisor
1

Funding Rounds

Development

layout.headers.Pre_launch
Launch
Custom blockchain
Testnet
Mainnet
Overdue NA 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
Website

Trading

(MWAT)
$0.0208
4.76% 24H
ETH
return 0.09x
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 rating widget
Rating Get this widget
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