[ANN][TOKEN]RED (MWAT) - Energy Trading Platform by EU Provider. Presale LIVE.

[rafzalan]

Any further plans on MWAT listing? $30m raised, guess need more funds for new exchanges or the team is satisfied with the current ones?

I don't think they in their near future, plans for listing other exchange because this is not the purpose of this project, they really want to build something, a product that is useful in the real life and to promote that blockchain is not just cryptocurrencies and it has higher potential

I think a big exchange is important too, big exchanges will promote the project well and will attract more investor to join to the project.

In my view the best promotion is development, investors have doubts regarding new technology that RED want to use, ant it is completely normal, I hope team show something useful sooner.

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[rafzalan]

There are almost 10 different projects that are working on energy trading, none of them have been able to release a real product so far. I think if one succeed whole group will be alter.
Powell Ledger is the pioneer in the field Gridplus is another well known brand, both of them start testing their products, Power is working in Australia and Thailand, while Gridplus focus on Texas market. I think before RED starts one of those companies will be able to start real trading.

[denam]

Restart energy is already profitable company in Romania in energy sector. They are expanding their operations in green energy sector which needs lot of time with approvals and legal paper works and competitors these things are understandable. As of many green energy startups this industry is just started to grow and future's energy needs will be dependent on this at large scale. There is lot of space in room for many projects and most will succeed with less and bigger share from market.

[naikaka]

Any further plans on MWAT listing? $30m raised, guess need more funds for new exchanges or the team is satisfied with the current ones?

I don't think they in their near future, plans for listing other exchange because this is not the purpose of this project, they really want to build something, a product that is useful in the real life and to promote that blockchain is not just cryptocurrencies and it has higher potential

I think a big exchange is important too, big exchanges will promote the project well and will attract more investor to join to the project.

I'd rather see project development and when there needs to be more liquidity they work on exchanges. Kucoin is no slouch.

[naikaka]

There are almost 10 different projects that are working on energy trading, none of them have been able to release a real product so far. I think if one succeed whole group will be alter.
Powell Ledger is the pioneer in the field Gridplus is another well known brand, both of them start testing their products, Power is working in Australia and Thailand, while Gridplus focus on Texas market. I think before RED starts one of those companies will be able to start real trading.

I think RED is miles ahead of them actually.

1.  Restart Energy is an established and licensed EU energy & gas supply company operating in 3 european countries, with 30,000 customers, 20 MM USD revenues, 70 employees, 200 commercial locations, 300 franchises, 40,000 paypoints and complete infrastructure and process automation for handling millions of low volume consumers like households and SME’s.

2.  Restart Energy has grown 1700% in an extremely competitive environment dominated by vertically integrated energy companies like ENEL and E-On and is as we speak taking 2000 - 3000 new customers per month from such companies because we employed Europe’s first power retail franchise sales model that unleashes the potential of micro entrepreneurs to participate in the energy business as our partners.

3.  It’s very important to know that you cannot legally supply electrical energy or natural gas to final consumers without holding a supply license in each country on earth that is deregulated and where you want to supply !

4.  Restart Energy is building a global network of licensed energy supply companies with the help of the RED Franchise by supporting and making it simple for people and companies to get a supply license in their home country and start their own power utility all working on the RED Platform.

5.  The RED Platform can tokenize energy produced in one country and get that energy delivered through a licensed franchisee in another country without the two countries being physically interconnected.

6.  The MWAT tokens have 3 utilities, they give access to trade up to 1000 KW Tokens/Month on the RED Platform for both producers and consumers ; they give access to different tiers of the RED Franchise and to monthly inputs of energy from producers accessing the platform.

7.  In addition, the RED Platform awards Crypto Green Tokens to consumers using green energy from the RED Platform as way to further incentivize the use of renewable energy.

8.  RED will have first mover advantage and our system is designed to work with existing laws and regulation. The platform we propose is already in use with all clients, minus the blockchain element.

9.  Energy Supply and trading is a very technical and complicated activity that requires years of experience and systems in the background. New companies like Power Ledger and WePower do not understand how difficult it is to really penetrate this market. Restart Energy entered the retail market after 7 years of energy production, balancing, dispatching and cross-border trading. Restart Energy has 70 employees to manage the entire set of activities that an energy supply company has to perform including all the reporting to the energy authorities.

[Fromastlese]

Can someone please explain this to me, when the platform is ready and the producers will register there, I assume that I will be able to buy energy from there. Does anyone know the price will be fixed or it will depend on the supply and demand?

[Gick1988]

I enjoy seeing how they apply this decentralized system in their business. Nowadays where everyone tries to control everything and be in possession, they simply make everything decentralized even the referral system

[Troybilt]

It seems they have a lot of trusts in SWAZM allowed to run everything through their platform, I never heard about this project before, does anyone has a link where I can research more about them?

[Billak]

Vali, CEO of SWAZM has a lot of experience in this field and if I would build such a complex project in blockchain, he is definitely the guy to work with. I am confident that he can deliver what he promised

[Sharkzz1]

It seems they have a lot of trusts in SWAZM allowed to run everything through their platform, I never heard about this project before, does anyone has a link where I can research more about them?

I recommend you to get acquainted with the video reviews that were created during the bounty period, this is a very cool project associated with green energy

[T00tie4536]

I see that they apply the same strategy as Amazon did a few years ago, they want to attract their competitors on their side and to work with them and to become the biggest platform for trading energy and not only

[Yavaj]

I see that they apply the same strategy as Amazon did a few years ago, they want to attract their competitors on their side and to work with them and to become the biggest platform for trading energy and not only

If they apply the same strategy as Amazon did, they are on the right path, look now at Amazon and their future plans, who knows maybe they will become the Amazon of blockchain

[Jazzier]

I don't if I get it right, they will create an exchange where you'll be able to trade crypto with fiat, but no GAS costs? How is this possible? How they will make money?

[naikaka]

Can someone please explain this to me, when the platform is ready and the producers will register there, I assume that I will be able to buy energy from there. Does anyone know the price will be fixed or it will depend on the supply and demand?

The price of energy will be a combination of fixed and supply and demand. The KWT tokens will be traded based on the market demand.

[naikaka]

I don't if I get it right, they will create an exchange where you'll be able to trade crypto with fiat, but no GAS costs? How is this possible? How they will make money?

Not all crypto, I think you're referring to the KWT tokens.

[Qlimaxaz]

I like a lot this part where it says: "basically just scanning the barcode of the invoice and paying the energy and the supplier will receive fiat instead of crypto so that they won’t have an exchange risk". This should be introduced in way more other industries, not just in the energy sector. Can you imagine how this could be?

Basically, they solve one of the biggest problems that we faced now paying with crypto. Companies are scared to accept crypto because they think it's too volatile and they will lose money by accepting this, but they don't realise how money new customer will attract with this payment method

[rafzalan]

I like a lot this part where it says: "basically just scanning the barcode of the invoice and paying the energy and the supplier will receive fiat instead of crypto so that they won’t have an exchange risk". This should be introduced in way more other industries, not just in the energy sector. Can you imagine how this could be?

Basically, they solve one of the biggest problems that we faced now paying with crypto. Companies are scared to accept crypto because they think it's too volatile and they will lose money by accepting this, but they don't realise how money new customer will attract with this payment method

Interesting point, where did it mentioned?

[mme1022]

 Great Stories WANTED on RED's blog (Enter our competition until October 20th)


 Submit a story on any theme regarding crypto, MWAT or energy and you can get the chance to become an author.

 First Prize - get your article published on our official blog, under your name, shared in the community and on our  social media channels with your tag + 1200 MWAT
 Second Prize - get your article published on our official blog, under your name, shared in the community and on our social media channels with your tag + 800 MWAT
 Third Prize - get your article published on our official blog, under your name, shared in the community and on our social media channels with your tag + 500 MWAT
 The jury who will pick the winners cosists of Editor in Chief & Communication Manager.

 Here are some Rules: Your article must not be published elsewhere The article should be between 350 (minimum) and 800 words (maximum). You must have a Medium account and follow Restart Energy. The original draft should be sent to emma.parson@restartenergy.ro If
 accepted, the draft will be reviewed and edited before final publication. The winners will be contacted on Telegram
 

[Anc92]

Dear RED Community,

Thank you all for your brilliant and imaginative guesses relating to the #REDPlatform. The contest is now closed. We will shortly be revealing the exciting news behind this image.

[skyward007]

Dear RED Community,

Thank you all for your brilliant and imaginative guesses relating to the #REDPlatform guessing game. The correct answer was that the image represents our partnership with Cashback World!

You can read all about it in our Medium article:
https://blog.restartenergy.io/restart-energy-expands-partnership-with-cashback-world-14573fb075c2

Whilst no-one was able to guess correctly, your contributions were so colorful and entertaining that we have decided to award everyone that made a suggestion and included #REDPlatform with 1,000 MWAT!!

In order to claim your reward, please message @emmaparson (telegram) with the public wallet address in which you would like to receive your MWAT.

Regards,
The Restart Energy team