What is Restart Energy (MWAT)

Restart Energy is a private gas and energy provider based in Romania. Their RED-P project (Restart Energy Democracy Platform) is a global blockchain-based decentralized energy supply platform.

Registered RED-P consumers and producers will get access to global energy supply, intelligent Wi-Fi meters, watt prediction software and P2P energy exchange. Consumers will also receive Restart Energy green certificates.

Restart Energy issued RED MegaWatt tokens (MWAT). The tokens are batteries backed by minimum 0,11 KWh of active energy. The Restart Energy tokens holders will be able use them to pay for energy or sell it to other RED platform participants. The platform, however, will use another proprietary KW (1 KWh of energy) token for internal transactions. MegaWatt token holders accessing the RED platform will get KW tokens each month.

Restart Energy expect their blockchain-driven ecosystem to help reduce the costs and eliminate difficulties associated with bureaucracy and monopolists. Thus, Restart Energy team also offer MegaWat token holders the option to obtain Restart Energy Franchise so that they could develop their own power retail business and get revenues.

Details

Public sales: Jan 22, 2018 – Jan 22, 2018
Pre-sale token supply: 500000
Token supply: 500000
Raised: 30,000,000 USD

Legal

Registration country: Hungary

 

 

Bounty

Bounty: 3%
Translation: 15%
Social media: 45%
Bitcoin talk signature campaign: 35 %
Other: 5

 

 

Token info

Ticker: MWAT
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.100000 USD
Token price in BTC: 1 Token = 0.000065 BTC
Token price in ETH: 1 Token = 0.000814 ETH
Accepted currencies: ETH, BTC
Bonus program:
Pre-ICO:
10000$ – more – 20%
ICO:
During Day 1 of ICO sale period – 15%. Each day the bonus will go down by 1% down to a minimum of 0%.
Token distribution:
80% – Issued
12% – Team
5% – Advisors
3% – Bounty
Funds allocation:
20% – Upstream integration
20% – RED platform development
60% – RED Platform global expansion