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Ace44
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April 30, 2018, 07:27:47 AM
 #181

The current token supply is 400,000,000 BWT or Bittwatt token. This is equivalent to 1kWH per 1 token and it can be used to pay for electricity in the Bittwatt platform.

Ya it’s a large coin cap but I’d expect that due to the size of the project and the fact their going to be dealing with a massive market so it’s pretty expected. Will be interesting to see how quick the adoption is I’d imagine some real excitement given the target audience

The funny thing about cryptocurrency is that, those things don't actually matter, yea, i get that people may see the token supply as huge but the concept outweighs any of that, the platform provides the consumer with a decentralized market place which gives room for transparency and full disclosure of information

Anyone who reads the whitepaper will not be worried about the token supply because this isn't a small project, Bittwatt will entertain consumers from around the world lots of transactions will be conducted daily thus giving Bittwatt coin value of its own.

Yea, the energy industry is a money spinner, this project is tailored to provide energy in a structured way that both producers, energy suppliers and smart consumers are well taken care of in an ecosystem that satisfy there individual needs and yes, they aim at going global, not just fixed on a particular location
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Owillz
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April 30, 2018, 08:19:03 AM
 #182

As form of a quick reminder, the 10% bonus for this project is still on and will come to an end in 13 days time. You nice want to get in now while it's not late.
Darkoth89
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April 30, 2018, 08:25:03 AM
 #183

Interesting, so reading this from the whitepaper:

'There is no market for smart-consumers (B2C) from where they can a) transact unused energy supplies'

Does that mean for instance if someone had a bunch of solar panels, they could use the Bitwatt platform to sell the electric generated by them?

I read in the white paper that they also turn to prosumers.
Definition of prosumer: active energy consumers, who both consume and produce electricity

so i think that you can sell your generated energy on the bittwatt-platform

Yeah, that's interesting, i've seen a few projects like this recently, but Bitwatt seems to be doing the best, concidering it's very close to it's hardcap at the moment also.
jamzzz123
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April 30, 2018, 08:25:26 AM
 #184

Do anyone here have an idea of howw many percent of Bittwatt tokens have already been sold at the moment?

I can't see an exact total of Bittwatt tokens sold on the homepage live counter, however if I was to hazard a guess, I think they sold approximately 85%, it is a shame there isn't an exact amount on the counter.

if it's any help at all if you weren't aware, they tweeted "We have collected the $25,300,000 for the soft cap. 🎉Thank you everyone for the amazing support! ICO phase 3 is currently ongoing with a 10% bonus."

Pretty promising and glad to hear they have smashed the softcap, 25million is a serious amount of cash for an ICO. Very promising with a good community behind them
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April 30, 2018, 08:46:27 AM
 #185

Bittwatt platform connects the back offices of Bittwatt ecosystem partners, turning Europe into a single “charging network”."
Thats true, the project envisages a new concept. This is one of the most promising and successful projects at the moment in my opinion.
nesh1
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April 30, 2018, 08:57:05 AM
 #186

As form of a quick reminder, the 10% bonus for this project is still on and will come to an end in 13 days time. You nice want to get in now while it's not late.
I agree because after 13 days phase 3 will end with the 10% bonus and phase 4 will start with no bonus at all as it is also the last phase of this project.
girib1684
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April 30, 2018, 09:14:46 AM
 #187

As form of a quick reminder, the 10% bonus for this project is still on and will come to an end in 13 days time. You nice want to get in now while it's not late.
I agree because after 13 days phase 3 will end with the 10% bonus and phase 4 will start with no bonus at all as it is also the last phase of this project.
Phase 4 is not far away. Before last of phase 3 they will reach target. But bonus is not available in phase 4?
Abah007
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April 30, 2018, 09:32:21 AM
 #188

Bittwatt erase the stress we have to undergo during research for solution for balancing energy consumption levels in real time.
Nathan01
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April 30, 2018, 09:39:26 AM
 #189

I just watched an introduction video on Bittwatt quite insightful felt i share.
https://www.youtube.com/watch?v=Vs7S3KWJnH8

Energy is our lifeblood that's the theme of this video, man can you imagine a world without energy?  Huh Yet man can't even effectively utilize this power and allows for wastage, this video made my day!
Saw this video. What exactly they want say in this video? I mean world without energy. I quite confused about this video clip.

The video explains the usefulness of energy to everyday activities in fact how we can't do without the miracle of energy and also how that nature has effectively managed to maintain and ensure consistent energy supply but man in his frailties is ruining it, Bittwatt is that control the energy sector so desire

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faulerwilli
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April 30, 2018, 10:23:46 AM
 #190

Interesting, so reading this from the whitepaper:

'There is no market for smart-consumers (B2C) from where they can a) transact unused energy supplies'

Does that mean for instance if someone had a bunch of solar panels, they could use the Bitwatt platform to sell the electric generated by them?

have found an interesting fact in case you produce energy yourself. you can store this at Bittwatt

Storage: This feature is designed for all energy producers in the ecosystem that decide to store power, rather than
immediately release it into the platform.
ibininja
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April 30, 2018, 10:26:24 AM
 #191

Do anyone here have an idea of howw many percent of Bittwatt tokens have already been sold at the moment?

I can't see an exact total of Bittwatt tokens sold on the homepage live counter, however if I was to hazard a guess, I think they sold approximately 85%, it is a shame there isn't an exact amount on the counter.

if it's any help at all if you weren't aware, they tweeted "We have collected the $25,300,000 for the soft cap. 🎉Thank you everyone for the amazing support! ICO phase 3 is currently ongoing with a 10% bonus."

Pretty promising and glad to hear they have smashed the softcap, 25million is a serious amount of cash for an ICO. Very promising with a good community behind them

That is an impressive amount to say the least. Given they have already hit the soft cap they are basically good to go. The 10% bonus is still on going so that is good to fill the rest if the soft cap is 85% through.

Cnote328
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April 30, 2018, 11:48:10 AM
 #192

One of the features of Bittwatt is enables fast, transparent and trustworthy settlements between market participants. Based on consumer profiles, Bittwatt matches demand with market offers at every hour of every day.
gee777
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April 30, 2018, 11:50:27 AM
 #193

Bittwatt erase the stress we have to undergo during research for solution for balancing energy consumption levels in real time.

Hmmm. Do you have more information on this and how it is going to work maybe i missed it on the whitepaper... Will love to see how it will help.
utclpn
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April 30, 2018, 11:53:27 AM
 #194

By using Ethereum as the abstract foundational layer, bittwatt is able to implement all the features and rules of its protocol directly into smart contracts, which are then deployed and processed by the network.
Anilg
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April 30, 2018, 12:21:24 PM
 #195

The Bittwatt commercial platform is active in Romania, Bulgaria, Macedonia, Serbia and Hungary where several partnership with local suppliers, traders, and consumers are in place. So this means Bittwatt already have working product?
faulerwilli
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April 30, 2018, 12:30:12 PM
 #196

Very interesting, you can participate in the Bittwatt-ICO directly through the coss exchange https://profile.coss.io/ico-listing/bwt  There are even 5% extra bonus, nice move
Zombie259
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April 30, 2018, 12:41:18 PM
 #197

The Bittwatt commercial platform is active in Romania, Bulgaria, Macedonia, Serbia and Hungary where several partnership with local suppliers, traders, and consumers are in place. So this means Bittwatt already have working product?

According to the Whitepaper, yes they have already a working product. The Bittwatt Team will use 55% of the funds for expansion and marketing purposes. The first country will be Turkey in Q2 2018.
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April 30, 2018, 12:54:20 PM
 #198

The scope of this project revolves around improving security of energy supply, and maximizing the efficiency of production, conversion, transport, distribution and use of energy.
cryptorani
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April 30, 2018, 01:21:14 PM
 #199

The Bittwatt commercial platform is active in Romania, Bulgaria, Macedonia, Serbia and Hungary where several partnership with local suppliers, traders, and consumers are in place. So this means Bittwatt already have working product?

According to the Whitepaper, yes they have already a working product. The Bittwatt Team will use 55% of the funds for expansion and marketing purposes. The first country will be Turkey in Q2 2018.


I came to know about this project from one of the tweet. I liked the tweet and wanted to know more about project. I was not expecting ICO with already working product. But its very good that Bittwatt have working product and ICO is for expansion and marketing purpose.
I will go through whitepaper to know more about project.
Sozialtourist
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April 30, 2018, 01:28:27 PM
 #200

Very interesting, you can participate in the Bittwatt-ICO directly through the coss exchange https://profile.coss.io/ico-listing/bwt  There are even 5% extra bonus, nice move

Ohh this kind of promotion is new to me. So I assume it also means the tokens will be listed on the Coss exchange immediately after the ICO, right?
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