archived.

[gee777]

After reading here again and again questions about further expansion, I would like to show this list from the whitepaper https://ico.bittwatt.com/#whitepaper

Country Opening the market Estimated # of customers

China 2022-Q1 5.0
Russia 2021-Q3 2.0
Moldova 2021-Q2 0.1
Netherlands 2021-Q2 0.9
Denmark 2021-Q1 1.0
Norway 2021-Q1 1.0
Sweden 2021-Q1 1.2
Portugal 2020-Q2 0.3
Spain 2020-Q1 0.4
France 2019-Q4 0.8
Italy 2019-Q3 0.7
Germany 2019-Q2 1.2
Austria 2019-Q1 0.3
Hungary 2018-Q3 0.1
Ukraine 2018-Q3 0.2
Turkey 2018-Q2 0.5
Bulgaria 2018-Q1 0.1

I believe the number of customers is in millions, this stat clearly shows they ate targeting mostly European countries

Obviously are the number of customers in millions. I think, that the calculated numbers are very low, at least for some countries like Germany for example. There should be more than 1.2 million potential customers for BWT.

This is some good stat and in  no way are those numbers low.. They are only trying not to become over ambitious and later not deliver. And i hope you put in mind the crypto acceptance rate.

Amazing after being a success in Europe are they planning to go in Asia? it would be smart to introduce Bittwatt there and get a lot of investors.

They also want to start soon in Singapore. They even have their headquarters in Singapore. At least they are registered there.
Singapore would be a great market, where a lot of electricity is needed

If the Singapore market have a great demand for electricity then it's a  good choice for there but if they have found a cost effective way to solve their energy demand in a low rate, then I dunt support the idea

I agree with you. I think things like how well do people often create their own energy and do they have high demand for it there. Will they mind in using crypto to pay for energy and much more.

[phantam]

Ya but theirs more to it than just saying that you have power and are willing to sell it I’d imagine. I mean how does the power generation and trade get exchanges actually to balance it out?

[ethtrader16]

After reading here again and again questions about further expansion, I would like to show this list from the whitepaper https://ico.bittwatt.com/#whitepaper

Country Opening the market Estimated # of customers

China 2022-Q1 5.0
Russia 2021-Q3 2.0
Moldova 2021-Q2 0.1
Netherlands 2021-Q2 0.9
Denmark 2021-Q1 1.0
Norway 2021-Q1 1.0
Sweden 2021-Q1 1.2
Portugal 2020-Q2 0.3
Spain 2020-Q1 0.4
France 2019-Q4 0.8
Italy 2019-Q3 0.7
Germany 2019-Q2 1.2
Austria 2019-Q1 0.3
Hungary 2018-Q3 0.1
Ukraine 2018-Q3 0.2
Turkey 2018-Q2 0.5
Bulgaria 2018-Q1 0.1

It will be interesting  for the team to start off in Eastern Europe, as it will be a good test to see if they can build up their company and brand before they branch into Western Europe where the entry into energy markets might be a little bit trickier.

Thanks for the summary. As per above summary they are going to Ukraine and Hungary. Bulgaria and turkey is operational?

[ibininja]

Ya but theirs more to it than just saying that you have power and are willing to sell it I’d imagine. I mean how does the power generation and trade get exchanges actually to balance it out?

I think for one you will have a wider range of consumers and will end up getting more demands. You are also serving cross countries through BWT. I would imagine accessing deals would be easier compared to the traditional approaches.

[gee777]

Ya but theirs more to it than just saying that you have power and are willing to sell it I’d imagine. I mean how does the power generation and trade get exchanges actually to balance it out?

I can remember read this in one of the articles published by ccn.com. I think it is a paid article but i can't remember the technical used to trade energy, i wish i know.

[Owillz]

Not sure I need to go back and reread the whitepaper and see what the inner logistics of the token are I forget really how they are managing the value and power connection

Lmao, I think that I am in the same boat.. It's been a few months since I read the whitepaper and apparently in that time I have forgot everything.. Defiantly need to check to see how they are handling selling of excess power.

Yea. I think I know that feeling. But look at this, have you ever read the whitepaper of two similar projects and then with time you started mixing up their features?? Like think project A will provide you with what you have in mind while in the real case it was project B who proposed to do that.

[faulerwilli]

After reading here again and again questions about further expansion, I would like to show this list from the whitepaper https://ico.bittwatt.com/#whitepaper

Country Opening the market Estimated # of customers

China 2022-Q1 5.0
Russia 2021-Q3 2.0
Moldova 2021-Q2 0.1
Netherlands 2021-Q2 0.9
Denmark 2021-Q1 1.0
Norway 2021-Q1 1.0
Sweden 2021-Q1 1.2
Portugal 2020-Q2 0.3
Spain 2020-Q1 0.4
France 2019-Q4 0.8
Italy 2019-Q3 0.7
Germany 2019-Q2 1.2
Austria 2019-Q1 0.3
Hungary 2018-Q3 0.1
Ukraine 2018-Q3 0.2
Turkey 2018-Q2 0.5
Bulgaria 2018-Q1 0.1

It will be interesting  for the team to start off in Eastern Europe, as it will be a good test to see if they can build up their company and brand before they branch into Western Europe where the entry into energy markets might be a little bit trickier.

Thanks for the summary. As per above summary they are going to Ukraine and Hungary. Bulgaria and turkey is operational?

As I have seen in the meantime, this list is not entirely correct. Romania is not even on the list, but the first one took place there. And they are already active in Bulgaria.
As for the other countries, I will ask once in the telegram channel

[jamzzz123]

After reading here again and again questions about further expansion, I would like to show this list from the whitepaper https://ico.bittwatt.com/#whitepaper

Country Opening the market Estimated # of customers

China 2022-Q1 5.0
Russia 2021-Q3 2.0
Moldova 2021-Q2 0.1
Netherlands 2021-Q2 0.9
Denmark 2021-Q1 1.0
Norway 2021-Q1 1.0
Sweden 2021-Q1 1.2
Portugal 2020-Q2 0.3
Spain 2020-Q1 0.4
France 2019-Q4 0.8
Italy 2019-Q3 0.7
Germany 2019-Q2 1.2
Austria 2019-Q1 0.3
Hungary 2018-Q3 0.1
Ukraine 2018-Q3 0.2
Turkey 2018-Q2 0.5
Bulgaria 2018-Q1 0.1

It will be interesting  for the team to start off in Eastern Europe, as it will be a good test to see if they can build up their company and brand before they branch into Western Europe where the entry into energy markets might be a little bit trickier.

Thanks for the summary. As per above summary they are going to Ukraine and Hungary. Bulgaria and turkey is operational?

As I have seen in the meantime, this list is not entirely correct. Romania is not even on the list, but the first one took place there. And they are already active in Bulgaria.
As for the other countries, I will ask once in the telegram channel

Didn't even realise that they are already active in Bulgaria, they have made impressive progress

[FarmFrenzy]

After reading here again and again questions about further expansion, I would like to show this list from the whitepaper https://ico.bittwatt.com/#whitepaper

Country Opening the market Estimated # of customers

China 2022-Q1 5.0
Russia 2021-Q3 2.0
Moldova 2021-Q2 0.1
Netherlands 2021-Q2 0.9
Denmark 2021-Q1 1.0
Norway 2021-Q1 1.0
Sweden 2021-Q1 1.2
Portugal 2020-Q2 0.3
Spain 2020-Q1 0.4
France 2019-Q4 0.8
Italy 2019-Q3 0.7
Germany 2019-Q2 1.2
Austria 2019-Q1 0.3
Hungary 2018-Q3 0.1
Ukraine 2018-Q3 0.2
Turkey 2018-Q2 0.5
Bulgaria 2018-Q1 0.1

It will be interesting  for the team to start off in Eastern Europe, as it will be a good test to see if they can build up their company and brand before they branch into Western Europe where the entry into energy markets might be a little bit trickier.

Thanks for the summary. As per above summary they are going to Ukraine and Hungary. Bulgaria and turkey is operational?

As I have seen in the meantime, this list is not entirely correct. Romania is not even on the list, but the first one took place there. And they are already active in Bulgaria.
As for the other countries, I will ask once in the telegram channel

Maybe that wasn't a plan from the very beginning but partnerships happened and now Bitwatt is in Romania and Bulgaria. This is the live development, nobody can predict where they will manage to reach an agreement the next time.

[cryptossi]

Bittwatt is listed on CoinRanker. Your platform for streaming real time cryptocurrency prices: https://www.coinranker.net/cryptocurrency/bittwatt

Great, good to see Bittwatt is getting recognized and picked up by multiple ICO review websites, thanks for spotting Bittwatt and covering it

This is an awesome development, lately Bittwatt have been progressing it a clear sign that the project is making positive impact

Any news on what they plan to do on the upcoming days for exchanges? I know they are working on their won exchange platform and they also have coss which is not bad but are exchanges a priority?

I think it should be one of Bittwatt's main priorities, but the energy exchange needs to be the number one focus! The exchanges will help with the token value, which will later on help Bittwatt, but at the moment they need to get their exchange development completed.

I don't know if I understood correctly, if Bittwatt already have partnership with cross and may soon list of Houbi exchange, so what is the need of this Bittwatt exchange as well.

I’m talking about the Energy Exchange this is basically the foundation of Bittwatt’s entire project, it’s a platform that users can compare and select energy providers based on price and level of service. The other benefit is that users will be able to pay for their electricity with crypto currency, backed by Blockchain the transactions will be seamless and therefore the users experience will be far greater than traditional methods of paying for energy.

[em777]

After reading here again and again questions about further expansion, I would like to show this list from the whitepaper https://ico.bittwatt.com/#whitepaper

Country Opening the market Estimated # of customers

China 2022-Q1 5.0
Russia 2021-Q3 2.0
Moldova 2021-Q2 0.1
Netherlands 2021-Q2 0.9
Denmark 2021-Q1 1.0
Norway 2021-Q1 1.0
Sweden 2021-Q1 1.2
Portugal 2020-Q2 0.3
Spain 2020-Q1 0.4
France 2019-Q4 0.8
Italy 2019-Q3 0.7
Germany 2019-Q2 1.2
Austria 2019-Q1 0.3
Hungary 2018-Q3 0.1
Ukraine 2018-Q3 0.2
Turkey 2018-Q2 0.5
Bulgaria 2018-Q1 0.1

It will be interesting  for the team to start off in Eastern Europe, as it will be a good test to see if they can build up their company and brand before they branch into Western Europe where the entry into energy markets might be a little bit trickier.

Thanks for the summary. As per above summary they are going to Ukraine and Hungary. Bulgaria and turkey is operational?

As I have seen in the meantime, this list is not entirely correct. Romania is not even on the list, but the first one took place there. And they are already active in Bulgaria.
As for the other countries, I will ask once in the telegram channel

Didn't even realise that they are already active in Bulgaria, they have made impressive progress

Yeah, they've been operating in Bulgaria and I believe in time they will expand to other countries most especially asia countries.

[RyCriptoC]

After reading here again and again questions about further expansion, I would like to show this list from the whitepaper https://ico.bittwatt.com/#whitepaper

Country Opening the market Estimated # of customers

China 2022-Q1 5.0
Russia 2021-Q3 2.0
Moldova 2021-Q2 0.1
Netherlands 2021-Q2 0.9
Denmark 2021-Q1 1.0
Norway 2021-Q1 1.0
Sweden 2021-Q1 1.2
Portugal 2020-Q2 0.3
Spain 2020-Q1 0.4
France 2019-Q4 0.8
Italy 2019-Q3 0.7
Germany 2019-Q2 1.2
Austria 2019-Q1 0.3
Hungary 2018-Q3 0.1
Ukraine 2018-Q3 0.2
Turkey 2018-Q2 0.5
Bulgaria 2018-Q1 0.1

It will be interesting  for the team to start off in Eastern Europe, as it will be a good test to see if they can build up their company and brand before they branch into Western Europe where the entry into energy markets might be a little bit trickier.

Thanks for the summary. As per above summary they are going to Ukraine and Hungary. Bulgaria and turkey is operational?

As I have seen in the meantime, this list is not entirely correct. Romania is not even on the list, but the first one took place there. And they are already active in Bulgaria.
As for the other countries, I will ask once in the telegram channel

Didn't even realise that they are already active in Bulgaria, they have made impressive progress

Yeah, they've been operating in Bulgaria and I believe in time they will expand to other countries most especially asia countries.

Romania is not in the list, so the deal with Eva-Energy was kind of Bonus?. Anyway hope there will be many such surprises in future as well.

[Nathan01]

I would agree the biggest challenge would be to get people to buy or use the BWT; I mean for energy providers to sell in BWT they need to have an incentive in place; But I think the exchange that was release could do the conversion in the back.

yeah, there needs to be an easy way for people to get BWT, like maybe they could earn BWT from their electric company as a form of loyalty reward, then they could just buy some more BWT to top up the exisiting ones they have.  But if it was me, and i had to then buy BTC or ETH to be able to buy BWT just to pay a bill I don't think id be doing that. E

That is a good point raised, It would make sense - it is a pain having to buy BTC OR ETH just to be able to buy BWT - kind of going round in circles

Exactly, people are lazy, and if there isn't some form of benefit in paying in BWT, it's only ever going to be people in Crypto who hold it, or can easily acquire ETH etc that will do so, for the breakout into the consumer market, it needs to be appealing and easy to use, im sure the team has considered this though and is working on a solution!

This problem is half solved with Fiat usage in the platform, I doubt if they be completely lazy to use their credit card to purchase BWT and that way it would break out pretty fast

Platform development at its best. Social events are at best for product launch in various countires. For ex. golf event in Bulgaria for their launch. Launch in various exchanges are on-going. Bittwatt seems to be the best one at this moment.

I have not been to a golf event once but believing I would in time to come maybe when Bittwatt reaches my region in the nearest future, when is the event happening I seem to have lost track of it

[paulus51]

As for me I don’t believe in ICO in the energy sector. It needs great investments, long term money, and never give short time profit. Why ICO?

[ibininja]

Hey guys anyone knows if their last invoice published the transaction was executed in fiat or in BWT? or did bittwatt convert it afterwards? I think there was a barcode in place but what does it have I did not check that.

[faulerwilli]

After reading here again and again questions about further expansion, I would like to show this list from the whitepaper https://ico.bittwatt.com/#whitepaper

Country Opening the market Estimated # of customers

China 2022-Q1 5.0
Russia 2021-Q3 2.0
Moldova 2021-Q2 0.1
Netherlands 2021-Q2 0.9
Denmark 2021-Q1 1.0
Norway 2021-Q1 1.0
Sweden 2021-Q1 1.2
Portugal 2020-Q2 0.3
Spain 2020-Q1 0.4
France 2019-Q4 0.8
Italy 2019-Q3 0.7
Germany 2019-Q2 1.2
Austria 2019-Q1 0.3
Hungary 2018-Q3 0.1
Ukraine 2018-Q3 0.2
Turkey 2018-Q2 0.5
Bulgaria 2018-Q1 0.1

It will be interesting  for the team to start off in Eastern Europe, as it will be a good test to see if they can build up their company and brand before they branch into Western Europe where the entry into energy markets might be a little bit trickier.

Thanks for the summary. As per above summary they are going to Ukraine and Hungary. Bulgaria and turkey is operational?

As I have seen in the meantime, this list is not entirely correct. Romania is not even on the list, but the first one took place there. And they are already active in Bulgaria.
As for the other countries, I will ask once in the telegram channel

Didn't even realise that they are already active in Bulgaria, they have made impressive progress

Yeah, they've been operating in Bulgaria and I believe in time they will expand to other countries most especially asia countries.

Romania is not in the list, so the deal with Eva-Energy was kind of Bonus?. Anyway hope there will be many such surprises in future as well.

I asked in the telegram channel. but these bountyhive channel managers do not answer the right questions. they can only tell the ICO price and the homepage URL
I'll wait until the CEO answers, he always gives good information

[chan001]

I haven't read anything for quite some time that we can sell our self-produced electricity on the Bittwatt platform. The development of this platform will probably take some time. Or does anyone have other information about this?

Yes, Bittwatt team have not mentioned about such plans. But in future they may like to add such services at Bittwatt platform.

[cryptossi]

As for me I don’t believe in ICO in the energy sector. It needs great investments, long term money, and never give short time profit. Why ICO?

I think you are a bit confused, Bittwatt aren't starting up their own energy provider company... they are creating a decentralized platform for users/providers to interact and find a new energy deal/find new customers.

Why ICO... to raise the funds for development, marketing and remunerate staff/team members, every project does this.

If you read into the whitepaper you would understand a little bit more about why they are based on the blockchain and why they ran an ICO which finished on June 8th.

DYOR!

[Darkoth89]

Hey guys anyone knows if their last invoice published the transaction was executed in fiat or in BWT? or did bittwatt convert it afterwards? I think there was a barcode in place but what does it have I did not check that.

it was paid in BWT tokens if you mean the mining plant bill? I believe the total was something like $30,000 worth of BWT that was used to pay the bill. (I think that's the one you mean!)

[rathaha10]

Their idea is rather attractive in my opinion! Impeccably logo, percipient vision.  Good luck guys.

True, but do you what even better is now ? They are at least providing us with their exchange. You can already trade with fiat money that is a plus point.