Restart Energy Democracy Blockchain Infrastructure for Energy Supply

bambang (10)in #crypto • 7 years ago (edited)

Restart Energy, an independent European Union electricity and gas supply company with USD 20 million in current annual revenue that developed the first energy retail franchise is building a global decentralized and delocalized electrical energy supply platform and ecosystem.
Restart Energy is the fastest growing private energy and gas provider operating in an EU country (Romania), offering an innovative online and customer-centric service with greater transparency. The current customer base (December 2017) of Restart Energy includes over 3,000 SMEs and multinational companies for energy, gas and fuel packages; and over 27,000 household customers for energy and gas. Restart Energy is the first energy supplier in Europe to accept energy invoice payments in Bitcoin (September 2017).Official Website https://restartenergy.io/

Restart Energy Democracy (RED)

PLATFORM RESTART ENERGY
RED platform is the platform where users(and Restart Energy clients) can log in and trade(buy; sell) energy directly P2P(peer-to-peer), in a decentralized and easy to use manner. Users can get access to Restart Energy services, also obtain and use electricity.
RED-P is a global, decentralized energy supply platform.Consumers and producers register to use the RED-P to gain access to

global energy supply
intelligent wifi meters
watt prediction software
peer-to-peer (P2P) energy exchange
Earn green certificates
Innovative features of RED-P include:

Any registered user can buy or sell from any other registered user
Some consumers are also generators (e.g. wind/solar) as large power stations (gas, coal, nuclear) are being replaced with thousands of consumer-generators.
P2P: All parties in our ecosystem are able to trade with each other.
Consumers will be awarded with Restart Energy standard green certificates for using renewable energy.
With the new platform, we anticipate energy companies to adapt to the new economy. Energy companies will start to take payment of energy bills in tokens as there will be a market for those tokens and a value associated with them.

Finally, RED-P will increase competition in the electricity market. For instance, with our model, consumers will be able to “auto-switch” their energy supplier every 30 days. The system will tender consumer contracts every 30 days seamlessly, ensuring a more competitive marketplace and truly market-reflective prices.

HOW IT WORKS
RED MegaWatt Token is a digital cryptographic token with value, issued by Restart Energy, using blockchain technology, for the purpose of storing energy that will link the token with the company itself. This will be achieved thanks to the new service offered by Restart Energy worldwide, RED platform.

OUR VISION AND MISSION
We envision a vibrant, sustainable world where affordable energy is created and consumed by anyone anywhere.Our mission is to become the leading global energy supplier, innovating and democratizing the sector
OBJECTIVES OF THE PROJECT
Restart Energy is committed to achieving the following goals:

Raise US $ 30 million to finish RED development and expand globally
Expand energy retail business by franchising to +45 countries with deregulated markets, representing 70 percent of the world's energy consumption through 2022.

DESCRIPTION OF TOKEN RED
The MegaWatt RED Token (MWAT) is the first token powered by real energy and business opportunities. The proof will act like a battery, accumulating monthly energy provided by manufacturers and renewable energy suppliers as a cost to access the RED Platform. The amount of energy stored in each RED MegaWatt Token will continue to increase overtime.
We will create roughly 500 Million RED MegaWatt Tokens.This price may change up until the Pre-ICO starts.This rate will be adjusted to make a RED MegaWatt Token worth $0.1 dollars (10 US cents).
BONUS
The PreICO starting date is January 15th and will end on February 12th, 2018.

During the pre-ICO sale period, RED MegaWatt Tokens will be sold applying following bonuses:
10000$ more 20%
The ICO will start on February 14th and will end on March 14th, 2018.
During Day 1 of the ICO sale period, the bonus will be 15%. Each day the bonus will go down by 1% down to a minimum of 0%.
The last 15 days of the ICO there will be no more bonus.

The following is how the coins are going to be distributed:
•Issued: 80% of the coins will be sold in the ICO
•Team: 12% will be kept by the team in a lockup structure for team incentivization
•Advisors : 5% will be given to advisors in a lockup structure
•Bounty : 3% will be awarded for the Bounty Program
At each release of tokens:
•30% will be used for data acquisition costs, development, marketing and other corporate needs.
•50% will be allocated to acquire other companies, patent needs and IP needs
•10% will be allocated to external partners, if needed
•10% will be distributed to all RED MegaWatt Token holders (air drop) proportionally to their then holdings in RED MegaWatt Tokens.
Will be available and published only at https://restartenergy.io The address will be provided upon a basic Know Your Client information.