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Author Topic: [ANN][TOKEN]RED (MWAT) - Energy Trading Platform by EU Provider. Presale LIVE.  (Read 56423 times)
Nothought
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February 12, 2018, 02:12:00 PM
 #1321

China is a large market and please include Japan, they are also a crazy crypto enthusiast community( It is also large enough with little education to drive them in, It will bring a sustainable value for the product.
Puppect
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February 12, 2018, 02:15:17 PM
 #1322

China is a large market and please include Japan, they are also a crazy crypto enthusiast community( It is also large enough with little education to drive them in, It will bring a sustainable value for the product.
I fully agree, the Chinese market has a great potential of crypto enthusiasts.
Thimpare
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February 12, 2018, 02:17:35 PM
 #1323

China is a large market and please include Japan, they are also a crazy crypto enthusiast community( It is also large enough with little education to drive them in, It will bring a sustainable value for the product.
I fully agree, the Chinese market has a great potential of crypto enthusiasts.
And not only chinese market
EtherSweep
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February 12, 2018, 02:20:17 PM
 #1324

What about Korean translation of Whitepaper?
Gick1988
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February 12, 2018, 02:21:34 PM
 #1325

Your teams experience will make sure that we will lead to success. Your whitepaper and video should also offer other languages to attract other investors who are non English speaking to join your project
alexberezov
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February 12, 2018, 02:23:07 PM
 #1326

A project that is very promising. I like this project. Why? Because it also dedicates its goal for the people around and for the community. It has a great goal that I wish will come to reality. I want them to succeed and make more interesting updates and developments. I will be looking forward for this project.
hopefully the purpose of this project can be fulfilled and can boast all the people, good luck.
Unfortunately, the great goal and the great sense in the project is not always profitable for investors
Nothought
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February 12, 2018, 02:26:59 PM
 #1327

May I know what is the inspiration of the project owner to create this project? It is truly a great way of providing sssistance through advertising for businesses.
Puppect
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February 12, 2018, 02:30:17 PM
 #1328

May I know what is the inspiration of the project owner to create this project? It is truly a great way of providing sssistance through advertising for businesses.
Thank you for this wonderful question!
In fact we were looking for new opportunities for a whole year but saw nothing that was interesting. And in summer I noticed that crypto market and the market of ICO have broken their borders. At that moment it was a signal that crypto and ICO have come to conquer the world and will not die - they have shown that they were able to break to their main market.

So we decided to use our experience in advertising networks to give the community strong service that will widen direct usage of cryptocurrencies and add one more business case with crypto!
Thimpare
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February 12, 2018, 02:34:43 PM
 #1329

Finally a real good project this is rare in this moment good luck to you!
Gick1988
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February 12, 2018, 02:39:09 PM
 #1330

This project does not seem attractive to me 100%, but if the team has preliminary agreements on the application of this project, then it becomes very attractive.
Nothought
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February 12, 2018, 02:40:32 PM
 #1331

This project does not seem attractive to me 100%, but if the team has preliminary agreements on the application of this project, then it becomes very attractive.
Well, it depends on how you see attractiveness.
Puppect
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February 12, 2018, 02:42:38 PM
 #1332

I am well amazed to the team. As I can see, the team working on the company is very experienced becaused handling this project based on advertising is really a great deal. I believe that more people will come to engage this unique characteristics of project here in the crypto world and also in the industry.
Thimpare
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February 12, 2018, 02:46:18 PM
 #1333

I am well amazed to the team. As I can see, the team working on the company is very experienced becaused handling this project based on advertising is really a great deal. I believe that more people will come to engage this unique characteristics of project here in the crypto world and also in the industry.
Yes you are right, this team is a mix of people who are real experts. Currently, there are so many new ICOs on the market that you can rarely meet a good team. I think that looking at the team, we can make investment decisions. This is not their first project!
Gick1988
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February 12, 2018, 02:53:28 PM
 #1334

When this coins reach huge trading platforms like poloniex or bittrex, they will surely patronize this coins so its realy worth investing and keeping this coins until rhey hit the moon.
Nothought
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February 12, 2018, 02:56:32 PM
 #1335

When this coins reach huge trading platforms like poloniex or bittrex, they will surely patronize this coins so its realy worth investing and keeping this coins until rhey hit the moon.
I am also waiting for that update If they can work with other big exchanges. It will be a good because you can now buy and trade their coin freely. You can also store it for future purposes.
rafzalan
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February 12, 2018, 02:57:16 PM
 #1336

token is trading at KuCoin per 0.00007ETH=$0.06
I think the ICO price was more.

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Puppect
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February 12, 2018, 03:01:36 PM
 #1337

When this coins reach huge trading platforms like poloniex or bittrex, they will surely patronize this coins so its realy worth investing and keeping this coins until rhey hit the moon.
I am also waiting for that update If they can work with other big exchanges. It will be a good because you can now buy and trade their coin freely. You can also store it for future purposes.
You are right, they will become popular if the coin will be listed in large exchanges. But it needs to have a lot of budget because listed in those exchanges is really expensive.
Ruthenian
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February 12, 2018, 03:03:21 PM
 #1338

Two official announcements from the RED team (TG) about the exchange listings:

1. Dear RED Community,

On behalf of the RED Team, we wish to thank you all for your trust and fantastic support.
As you know, after the MWAT token sale ended, our community voted to extend their lock period in order to have time to list them on larger, centralized exchanges.
In order for the tokens to be listed on exchanges there are some technical requirements to be met namely:

A )  The RED Team is not allowed to speak about or market anything else besides the token utility
B )  Exchanges explicitly prohibit making any public announcements before they themselves make the announcement first
C )  Tokens have to be unlocked for testing and deployment 24 hours prior to exchange listings
D )  Large exchanges require a coinmarketcap link and thus a minimum daily trading volume before listing
E )  For discussions about trading, please join the TG channel specifically created for this purpose: https://t.me/Restartenergytrading

We would hereby like to announce that there will be listings on several exchanges this week and in the next two weeks. Each time a new exchange lists MWAT, the pinned message in the trading group will be updated.
Moreover, the RED Team will soon have very exciting announcements to make regarding our international expansion, so please stay tuned to our official TG channel!

Thank you for your support!

------------------------------------

2. Dear RED community,

Recently, you’ve asked for our MWAT token to be available on centralized trading platforms first - and so it has!

The first trading platform on which MWAT will be available is none other than KuCoin (http://www.kucoin.com). It is a well-used trading platform, with a solid interface and veteran technical staff.

Trading pairs available: MWAT/BTC and MWAT/ETH;
MWAT deposits and withdraw: 10 AM, February 12th, 2018 (GMT);
MWAT trading: 2 PM February 12th, 2018(GMT).

This means we are a full 16 days ahead of the schedule proposed in our poll!

We would also like to mention that due to how decentralized token trading platforms work, MWAT tokens are thusly ready for trading on all such ERC20-compatible platforms, at user’s leisure.

It is up to the individual MWAT token holder as to where they want to trade their tokens and when they want to do so.

Regards,
The Restart Energy team
Ruthenian
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February 12, 2018, 03:04:59 PM
 #1339

Which hash algorithm?

Could you expand on your question, please?
SeaSoul
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February 12, 2018, 05:07:47 PM
 #1340

No doubt that this ICO was obviously an overwhelming success already. They won't even reach their public sale phase. That's incredible and the contributions have become faster and bigger over the course of the last few days.

Now RED pre-sale already rised $26.25M! I think that all MWAT tokens will be sold on pre-sale. Really good project for me, look more better than overhyped Wepower. I tjink that pre-sale will finish soon.

This ICO had an amazing run. At the very beginning I wasn't so sure about the idea because I didn't know much about the area they are operating in. But now I can see this go places very soon.

Thank you so much for the support! What aspect of the project interests you the most?

Well, it isn't really a single small aspect of the project, but the whole idea in general. My problem was that although I am a firm believer in decentralization and blockchain technology, I couldn't establish a connection that quickly between the energy industry how it is today and what it could look like thanks to blockchain. I asked myself how the heck would you decentralize the energy ecosystem and I still struggle to completely get it, but I am developing this sense for how it could eventually function. The decentralized trading part is clear to me while I still wonder how one household could actually purchase REAL energy from another household and get that delivered? Aren't you still dependent on those huge energy providers that dominate the market today? Who actually owns the infrastructure that transports energy and are you going to make use of that infrastructure? Despite those questions I have a little bit of a vision that blockchain could do a lot in this space.

Hey SeaSoul!
I hope my answer will be helpful.

The Restart Energy Democracy Platform (RED) connects energy producers and traders with retail customers
around the globe in a transparent, decentralized manner; creating added value for all the parties by employing
blockchain to remove several layers of costs associated with bureaucracy and transaction costs.
By rearranging the way transactions are settled in a transparent manner using blockchain, producers will be able
to sell their energy at a price 30% higher compared to the wholesale price to high numbers of low-volume retail
customers, who will then pay 30% less using existing grid infrastructure and the RED platform administrated by
Restart Energy.


Hello. I have a question about the bounty program. Tell me, who can I contact ?

Hey Earanting.
Please query that on RED bounty channel-> https://t.me/RestartBounty

Hey mme1022, thanks for the explanation. Does that mean that you expect all those energy giants ending up using your platform? Collusion among the large companies could still be a problem, couldn't it?

I would not expect 'energy giants' to use RED's platform as they would, in essence, be competition to them. But brokers and re-sellers certainly can!

But wouldn't there be something like a pull effect even for the giants if a critical mass starts using RED's platform? I still fail to fully understand the business model. How could the giants ignore a market that people tend towards using because of higher efficiency, more transparency and better prices?

Hey SeaSoul!
That's a good question.
Don't forget that the total supply is 500M MWAT tokens.
With each 1 RED MWAT token the users can virtually buy or sell up to 1 MWh  per month on the RED Platform. Which means the limit for 1 MWAT is 1000 kw.
There's a limit of much electricity RED can produce. I think that at this stage it will be pretty hard for RED to provide sufficient amount of energy to those "giants".

Hey mme1022, thanks for sharing that interesting insight again. Please correct me if I am wrong: Wikipedia says that the global energy consumption in 2014 was 109 billion kwh. Doesn't the supply of 500M RED allow for 500 billion kwh being traded back and forth / consumed? Hence, it could also cope with global energy production and all the giants?
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