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frcat
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August 14, 2019, 02:07:24 PM |
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Hi there, they are seperate things.
MWAT is a utility token. It is what the platform uses, it does not represent shares on RED, it gives you access to the platform.
The STO is a way for you to become a shareholder of RED
SO for what have you raised 30 mln usd? You sold MWAT tokens to investors, but they dont have any advantages from them now. Investors need profit. not acces to platform.
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REDGeorge
Newbie
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Activity: 22
Merit: 0
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August 14, 2019, 02:46:15 PM |
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Hey frcat, it appears you have not familiarized yourself too much with our project. You can read more from the recent articles (you can find them here https://medium.com/@restartenergy ), as we are constantly releasing new information and guidelines. First of all, you must have missed the one time first staking bonus, 0.11 KWT for each MWAT staked on the platform. That's in addition to any staking bonus from the normal ECF, from the energy donated on the platform by the producers. Also, another big thing, as Armand mentioned: I can "guarantee" that you will love it because the total value of the STO is 1,25 Billion Euro and we will offer a 10% discount for buying shares with MWAT !!! Feel free to join our community as well at: https://t.me/RestartEnergy, we are there to interact daily.
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kiemponxs
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August 14, 2019, 02:51:18 PM |
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Hi there, they are seperate things.
MWAT is a utility token. It is what the platform uses, it does not represent shares on RED, it gives you access to the platform.
The STO is a way for you to become a shareholder of RED
SO for what have you raised 30 mln usd? You sold MWAT tokens to investors, but they dont have any advantages from them now. Investors need profit. not acces to platform. if you look at their first year listing on the exchange, the price of MWAT has increased, and of course investors have also profited
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Ascoldtut
Jr. Member
Offline
Activity: 231
Merit: 1
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August 15, 2019, 10:53:42 PM |
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Hello everyone!👋
We just published two more articles on our medium, please give them a read and as always, don't forget to 👏 and share✌️
An introduction to trader role: https://bit.ly/2KOWNk9 & Staking mechanics in brief: https://bit.ly/2Z8YaiO
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Smitty Werben Man Jensen
Full Member
Offline
Activity: 1568
Merit: 100
COMBONetwork
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August 16, 2019, 04:06:11 AM |
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Hi there, they are seperate things.
MWAT is a utility token. It is what the platform uses, it does not represent shares on RED, it gives you access to the platform.
The STO is a way for you to become a shareholder of RED
SO for what have you raised 30 mln usd? You sold MWAT tokens to investors, but they dont have any advantages from them now. Investors need profit. not acces to platform. if you look at their first year listing on the exchange, the price of MWAT has increased, and of course investors have also profited It is true that at that time the price of MWAT really increased, and I really hope the price can go up again so hopefully it can really happen
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Branko
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August 18, 2019, 12:55:14 PM |
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It seems your wishes becoming true, price doubled last 7 days
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Canaricolor
Newbie
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Activity: 52
Merit: 0
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August 19, 2019, 04:58:25 AM |
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lkjhg
Full Member
Offline
Activity: 744
Merit: 100
Join On COMBO
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August 19, 2019, 08:30:24 AM |
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It seems your wishes becoming true, price doubled last 7 days
Of course that's good news because the price has doubled, my question is whether this condition will last long or only briefly?
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REDGeorge
Newbie
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Activity: 22
Merit: 0
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August 21, 2019, 08:35:51 AM |
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Hello awesome RED community!
We have started accepting the first batch of traders on the platform, including access to the exchange, with more coming in as days pass!
As Vali mentioned: "if you restake your MWAT between the half staking period and the end, you get an additional up to 1% of your MWAT in KWT:) + the ECF bonus . Also because we want to make MWAT day meaningful, we've decided to add a bonus. When you stake on MWAT Day, the staking period doesn't prolong, and you get a % of your stake in kwt (still to be decided, we need to run the numbers). MWAT Day will be a Monday ! 1% bonus of your MWAT in KWT, with a cap per account. Also very important: staking on MWAT Monday does not increase your staking period "
Also another important update: "the initial period to claim your initial bonus is 45 days! You have a period of 45 days, during this time you can do what is called initial staking (that gives 11% reward in KWT), your MWAT remains staked for 90 days. If during these 90 days you decide that you want to increase your staking time, you will gain a progressive reward of up to 1% of your stake + the ECF bonus. Everyone can start claiming their initial bonus starting with 1 September, and the very next day is MWAT MONDAY!!"
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bitcircle
Legendary
Offline
Activity: 1540
Merit: 1002
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August 21, 2019, 09:50:48 AM |
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https://twitter.com/RestartEnergyio/status/1163738259341676544That's impressive stuff they are expanding to more countries and it growing very healthy. It is easy to predict how bright future is ahead and this project will turn into giant in coming months so it is good to support them and be part of them.
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REDGeorge
Newbie
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Activity: 22
Merit: 0
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August 23, 2019, 08:36:02 AM |
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Hey everyone! 👋 What are your first impressions so far in regards to the app? Feel free to share any feedback you might have for us! Also don't forget, MWAT Monday is getting closer and closer!! ⌛️ Are you ready? Feel free to join our community chat on telegram: https://t.me/RestartEnergy
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REDGeorge
Newbie
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Activity: 22
Merit: 0
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August 27, 2019, 09:54:41 AM |
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Deposit guide‼️
Keep in mind, in order to deposit on the platform (after paying the platform fee), the correct process is the following:
1. Once logged in, go to Ledger > Deposit 2. First input the address you will be sending from (your personal wallet, NEVER use an exchange address) 3. Input the desired amount of tokens you wish to deposit and then Confirm. 4. Go to your personal wallet (from point 2.) and send the exact amount (from point 3.) to the wallet address listed on the Ledger > Deposit page, making sure to send the EXACT same number of tokens (including the decimals).
By following these steps, you can make sure the system recognizes the transaction, updates it's status accordingly and also avoids getting your tokens lost in the process. Try it with a test transaction first, for 10-50 MWATs.
If the user fails to follow these steps and tokens get lost due to that, there will be a 15% tax applied to the total amount in order to retrieve them (if successful)!
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REDGeorge
Newbie
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Activity: 22
Merit: 0
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August 30, 2019, 08:10:13 AM |
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Hi RED community, During the last months we have focused one thing, one full open energy platform that truly ties producers/consumers suppliers, this is all backed by a company called RESTART ENERGY, this is not just another crypto project, we have achieved so much, we have a fully working platform with everything that an energy market needs kyc/platform/invoicing/payments/apps something that the crypto comunity rarely sees. You've witnessed it and we're not stoping here, in the backgrounds we are working on strategic partnerships with companies in different countries, all of them high profile. As you know we've always talked about the things we have done, and things that are 100% on our roadmap, we've always kept our word and listened to each and everyone of you. We've developed everything in an open manner so that each and everyone of you can contribute and we are so grateful for that, i think that our actions and results speak for themselves. We're working around the clock to add more consumers and producers, we have something real, a real open energy market that spins around the MWAT TOKEN, a token owned by the community. I know that some of you are skeptical, some of you don't see the full picture, some don't want to, some are in it just for the speculation.
I've seen a lot of discussion in regards to mwat/kwt price, RED (me included) does not believe in a market that is owned not even partially by actors that don't have the same common goal as we do, we have seen a lot of crypto projects that have different prices, that have no product no strategy no business. WE'RE DIFFERENT!
RED believes in a market owned completely by the community, and it's working towards that. What we need to understand is one thing, RED will allways do what it's best for it's community. We've listened, we understood, we acted, we delivered. We've tried always to take every opinion into consideration. While we can't control pricing on any exchange out there that trades MWAT, we are working out strategies that in the long term are benefiting the RED community.
We've worked so hard untill now, we have truly built our train, THIS IS THE FIRST STATION, but we have many more stops to get trough, it truly depends on each and everyone of you. We've built the train, we're starting it on 1'st of September, and from there we don't want to stop, and we're not going to.
Everything was considered, from the way producers generate energy to the way consumers use it and how the supplier ties it together, and we've built the product the technology the everything we've thought of everything from smart meters to charts/data/invoicing EVERYTHING, mechanics for our comunity, bonuses for stakers.
Now if you're telling me that the RED you believe in is at 2c, that's not the RED i believe then, what we can do and you have our promise on that is one thing. We're going to do EVERYTHING that we can in order to make RED a truly global energy platform.
Maybe to some of you, some things don't add up, but in the long run everything will make sense.
What you need to do as part of the community, just think about how many stops you want to take the RED train for.
We have many stops to go , stay tuned.
Your CTO, Vali.
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PowerLegend1
Newbie
Offline
Activity: 19
Merit: 2
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September 01, 2019, 11:18:41 AM |
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Can someone confirm if staking has started and rewarded kwt is being given out? thanks
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Pro_x
Newbie
Offline
Activity: 74
Merit: 0
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September 01, 2019, 06:46:31 PM |
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Can someone confirm if staking has started and rewarded kwt is being given out? thanks
confirmed, I am staking from the morning, I tried to pick up rewards in KWT twice today, all running smooth. Initioal 0.11 bonus is not distributed yet but probably in the next days. few of them players seems to know thatmcap on this project is a joke, because some of them with knowledge and big ballz manage to acumulate few millions of mwat and they are staking. It look like they will get rewarded like hell
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Pro_x
Newbie
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Activity: 74
Merit: 0
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September 01, 2019, 06:53:02 PM |
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Hi, Can I just ask if you might know if a company with VAT number in EU can register on RED platform as a trader account (stake, sell KWT..). thanks
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REDGeorge
Newbie
Offline
Activity: 22
Merit: 0
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September 02, 2019, 11:24:28 AM |
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Can someone confirm if staking has started and rewarded kwt is being given out? thanks
confirmed, I am staking from the morning, I tried to pick up rewards in KWT twice today, all running smooth. Initioal 0.11 bonus is not distributed yet but probably in the next days. few of them players seems to know thatmcap on this project is a joke, because some of them with knowledge and big ballz manage to acumulate few millions of mwat and they are staking. It look like they will get rewarded like hell Staking is live since the 1st, if you staked your MWATs you should already be able to collect part of the rewards, as they are released over 90 days, with each tick (1 second): The Collect Reward StageThe reward can be collected multiple times a day, as ticks (1 second) go by, you will be able to see the amount which can be collected. When clicking on the “Collect Reward” button, a message will inform you about the operation that just took place.https://medium.com/@restartenergy/an-updated-view-on-the-staking-mechanics-and-mwat-day-c22734df9902 should give you more insight into the staking mechanics and rewards.
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