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Topic: [ANN][TOKEN]RED (MWAT) - Energy Trading Platform by EU Provider. Presale LIVE. - page 27. (Read 56434 times)

member
Activity: 406
Merit: 12
Interesting to see what piece of technology they use. Do they really need such advance and expansive technology? Don't get me wrong it's good that they use it, but it's also expansive and we will feel this in the price of the product
Do you know other technology which allows you to trade energy freely without any intervention of intermediates? Not to mention the security such technology provides and the low costs which enable customers and producers to have better rates. The technology might be expensive, but the benefits will be much greater than the cost of it.
jr. member
Activity: 354
Merit: 2
Interesting to see what piece of technology they use. Do they really need such advance and expansive technology? Don't get me wrong it's good that they use it, but it's also expansive and we will feel this in the price of the product

The piece of technology that will be used will be the SWAZM blockchain to power the RED-P.
You will not feel this 'in the price of the product' as the platform is free.
newbie
Activity: 7
Merit: 0
I assume that this will be the app used to monitor your solar panels, trade MWAT and other features, but now is it active? Did someone download the app? Can you use it for something or it's just the referral program?

Hey Nourins
Are you referring to the app of SOLARA?
The app of MWAT will do much more than monitoring the solar panels.
You can now download the Android version of the app, as of now, you can refer the platform to other users and receive MWAT bonus for that. More features will be added to the platform once in two weeks until the platform will be fully functional (around December).
I was saying about the app of MWAT, thank for clarification, so around December the app will be fully functional
Do you guys know when the app will be available on iOS? I checked the link in the article and on the page it says that it's only available on Google Play. Please RED's team don't forget about the iPhone users, it's a pretty big market
newbie
Activity: 7
Merit: 0
Interesting to see what piece of technology they use. Do they really need such advance and expansive technology? Don't get me wrong it's good that they use it, but it's also expansive and we will feel this in the price of the product
newbie
Activity: 42
Merit: 0
I assume that this will be the app used to monitor your solar panels, trade MWAT and other features, but now is it active? Did someone download the app? Can you use it for something or it's just the referral program?

Hey Nourins
Are you referring to the app of SOLARA?
The app of MWAT will do much more than monitoring the solar panels.
You can now download the Android version of the app, as of now, you can refer the platform to other users and receive MWAT bonus for that. More features will be added to the platform once in two weeks until the platform will be fully functional (around December).
I was saying about the app of MWAT, thank for clarification, so around December the app will be fully functional
legendary
Activity: 1554
Merit: 1001
I assume that this will be the app used to monitor your solar panels, trade MWAT and other features, but now is it active? Did someone download the app? Can you use it for something or it's just the referral program?

SWAZM platform is not active yet you should browse the page to let know the status of this app. This is on plan soon this will go which will allow the users to trade solar energy on the blockchains of SWAZM. Stay tuned to this topic for further updates when this will go live.
member
Activity: 406
Merit: 12
I assume that this will be the app used to monitor your solar panels, trade MWAT and other features, but now is it active? Did someone download the app? Can you use it for something or it's just the referral program?

Hey Nourins
Are you referring to the app of SOLARA?
The app of MWAT will do much more than monitoring the solar panels.
You can now download the Android version of the app, as of now, you can refer the platform to other users and receive MWAT bonus for that. More features will be added to the platform once in two weeks until the platform will be fully functional (around December).
newbie
Activity: 42
Merit: 0
I assume that this will be the app used to monitor your solar panels, trade MWAT and other features, but now is it active? Did someone download the app? Can you use it for something or it's just the referral program?
newbie
Activity: 29
Merit: 0
From what I understood SWAZM is the way for buying and selling the energy produced by the solar panels, am I close? But I still don't understand the mining part ...

Hey Hazies
SWAZM is the blockchain which the RED app will be based upon. Since the platform will allow users to trade their energy, it is safe to say that the trading of solar energy will also be based on the blockchain of SWAZM.
Don't be confused with SOLARA which will enable users to have a better track of energy which has been produced by solar panels. In regards to the mining, the 'mining' option is simply a package that RED will offer to its consumers. The mining rigs are solar panels or other renewable generation units (probably solar). They produce electricity and people use it for their homes first, and the excess gets used to power a GPU (or CPU, depending) that then mines minable cryptocurrencies, which then RED would buy with MWAT from the prosumers in question. The minable tokens will be mined without hassle to the prosumer - it'll be done by the mining rig automatically once it covers the electricity that the home uses.
Thank you, now it's more clear for me how the "mining" part works, basically, you don't have to do anything else in addition for mining
newbie
Activity: 38
Merit: 0
This starts to be a bit confusing regarding the exchange part. It is something that is also provided by SWAZM, why they need to create their own exchange ? There are plenty on the market to pick from
newbie
Activity: 29
Merit: 0
"This way we don’t have to wait a lot of time to have a complete solution, but rather provide features monthly or at random intervals of time, based on the complexity of the solution" This means that at the beginning we won't get the full functionality because it takes to long to make it, so they will launch it with basic functionality and we will get monthly updates
member
Activity: 406
Merit: 12
From what I understood SWAZM is the way for buying and selling the energy produced by the solar panels, am I close? But I still don't understand the mining part ...

Hey Hazies
SWAZM is the blockchain which the RED app will be based upon. Since the platform will allow users to trade their energy, it is safe to say that the trading of solar energy will also be based on the blockchain of SWAZM.
Don't be confused with SOLARA which will enable users to have a better track of energy which has been produced by solar panels. In regards to the mining, the 'mining' option is simply a package that RED will offer to its consumers. The mining rigs are solar panels or other renewable generation units (probably solar). They produce electricity and people use it for their homes first, and the excess gets used to power a GPU (or CPU, depending) that then mines minable cryptocurrencies, which then RED would buy with MWAT from the prosumers in question. The minable tokens will be mined without hassle to the prosumer - it'll be done by the mining rig automatically once it covers the electricity that the home uses.
newbie
Activity: 27
Merit: 0
Hhmm great marketing campaign with the Electric Tour. They are an electric company at the base, it's normal to sponsor an electric tour who wants to set a new world record and this will attract a lot of attention from the media and the general public who is not really into crypto

why i cant find any info about this electric tour in google, usually in google u can find everything, but this time is different, any clue?
Why they make this electric tour in the winter when the range of an electric vehicle drops severely, everyone knows this and also I read in another article that the driver will do over 24000 kilometres. So he will do roughly 250-300 kilometres  tops on a single charge and then wait for 2 hours to charge the car with a fast charger, with a regular charger the time will increase
newbie
Activity: 29
Merit: 0
From what I understood SWAZM is the way for buying and selling the energy produced by the solar panels, am I close? But I still don't understand the mining part ...
jr. member
Activity: 166
Merit: 1
Hhmm great marketing campaign with the Electric Tour. They are an electric company at the base, it's normal to sponsor an electric tour who wants to set a new world record and this will attract a lot of attention from the media and the general public who is not really into crypto

why i cant find any info about this electric tour in google, usually in google u can find everything, but this time is different, any clue?

Once the official presser is out on Friday, you should be able to find it later that day or the following day. There has been no PR around it yet
member
Activity: 434
Merit: 70
Hhmm great marketing campaign with the Electric Tour. They are an electric company at the base, it's normal to sponsor an electric tour who wants to set a new world record and this will attract a lot of attention from the media and the general public who is not really into crypto

why i cant find any info about this electric tour in google, usually in google u can find everything, but this time is different, any clue?
member
Activity: 406
Merit: 12
Does anyone know how much is the grant for solar photovoltaic installations? Can you cover at least half of what it costs you to acquire the solar panels?

Hey Tichich
As far as I know, those details are not available yet.
Also, the geographic location also has a major effect on the time and ability to cover the costs.
newbie
Activity: 49
Merit: 0
Hhmm great marketing campaign with the Electric Tour. They are an electric company at the base, it's normal to sponsor an electric tour who wants to set a new world record and this will attract a lot of attention from the media and the general public who is not really into crypto
newbie
Activity: 48
Merit: 0
Does anyone know how much is the grant for solar photovoltaic installations? Can you cover at least half of what it costs you to acquire the solar panels?
newbie
Activity: 43
Merit: 0
WOW !! That guy Vali is the blockchain system since 2008. I think in that year there was a hand full of people who knew about blockchain, crypto, bitcoin... If he's since 2008 in this ecosystem I'm pretty sure he knows a bit of blockchain
I wish I knew about blockchain and bitcoin in 2008. How did these guys know about blockchain so early? Don't tell me ,he heard from a friend. I am thinking is there any technology know that we don't know anything about it, just a few people in the world and we will hear about it in 5-10 years from now
He said that he established SWAZM in 2013. I barely knew what AI or VR was in 2013 and this guy was establishing a company in blockchain. This team is very lucky to have him on board, especially as their CTO
Also Rares he has 15 years of experience in web development. This is the right team to have, people with experience who what they're doing
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