Restart Energy - Quality project to Democratize Energy by Established Energy Provider
The need for energy and power will be a constant thing in the progress of mankind. Companies cannot do without energy. Households cannot do without energy. Countries cannot do without power. Every entity in our tech and culture space has demand for energy. Nevertheless the energy is not directly accessible to all. It does not come directly from the producer. There are tons of time and money taxing procedures. Every process costs you time and money. Does all process worth it? No, a lot of them can be avoided. This P2P energy sharing platform can go a long way in doing that.
Restart Energy Democracy (RED) :
Restart energy is the fastest growing energy under EU regulated environment. This Romanian company operates as a gas provider. It believes in transparent online services. The focus is solely on the needs of the end customer. For that cause, it bypasses intermediary costs, extra transaction costs and financing costs. They claim to be the amazon of energy online. The common terms in this ecosystem are RED megawatt token, RED platform and RED franchise. The new energy sharing ecosystem connects consumers and producers directly. The benefits don’t just stop with cost savings. The consumers get green and cheaper energy. Red platform producers sell energy 30% higher, while consumers enjoy energy 30% cheaper. Pay less and gain more!
How RED economy works?
The ecosystem allows for token holders to open their own energy franchise. This is a gold mine of business opportunities for the energy entrepreneurs. Registering in the network opens you to a global energy supply. You can buy as well as sell to any member. Intelligent WiFi meters helps tracing down usage. Real time energy consumption service makes the job a lot easier. Watt prediction software helps estimate energy production for coming days. The token holders are adequately resourced to run their own franchise business. Bridge will be built over intermediaries and unnecessary fees. Franchise opportunities are available for all.
RED tokens and benefits:
Red Megawatt tokens are backed by real energy. The initial value of each token is 0.11 Megawatts. Consider it as a representative crypto battery. Over time, a token can accumulate up to 1 Megawatt of energy. They will also be the most economical battery on the market. Token holders will receive free energy time and again. The energy donated by the producers will be shared to all tokens in the platform. This also comes as a fee from the producers. People can store, sell and consume the energy. One MWAT token guarantees one month’s supply of energy for two houses.
ICO details:
You can start buying RED tokens in January. The public presale for tokens starts by 15th January 2018. Once smart contract is created, the tokens are generated all at once. Unsold tokens after ICO will be burned. Thus, there will be no risk of token devaluation. Investors are not geographically limited to use tokens in selected markets. The tokens can be used to pay energy bills to producers.
Important Links:
Please find the important links related to the project below and stay updated:
Website: https://restartenergy.io/
Whitepaper: https://restartenergy.io/Restart_Energy_Whitepaper.pdf
Announcement Thread: https://bitcointalk.org/index.php?topic=2572702.0
Twitter: https://twitter.com/restartenergyio
Facebook: https://www.facebook.com/Restart-Energy-Democracy-140703160017376/
Telegram: https://t.me/restartenergy
Medium Blog: https://blog.restartenergy.io/
Bounty Thread: https://bitcointalk.org/index.php?topic=2590713.0
Kind Regards!