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Topic: [ANN][TOKEN]RED (MWAT) - Energy Trading Platform by EU Provider. Presale LIVE. - page 5. (Read 56423 times)

jr. member
Activity: 238
Merit: 1
As we countdown to the end of May and the coming launch of the platform, please remember:
In order to get the bonus KWT after platform is going live, you will have a week to stake your tokens on the platform, the team will announce the exact timing, keep an eye here and on the Telegram announcement channel please.
jr. member
Activity: 231
Merit: 1
This is very good and effective way to promote your services by using electric car to let the people know about the usage of green energy. This project is like hidden gen with lot of development and physical established business in couple of countries after Romania as well. Since green energy will still take some time to go global it is opportunity for many.
a very unique strategy in my opinion, using this electric car makes this project even more powerful,
26,000km of distance traveled, so this is extraordinary
Indeed, it's a unique milestone featured by great magazines!
hero member
Activity: 1246
Merit: 501
This is very good and effective way to promote your services by using electric car to let the people know about the usage of green energy. This project is like hidden gen with lot of development and physical established business in couple of countries after Romania as well. Since green energy will still take some time to go global it is opportunity for many.
a very unique strategy in my opinion, using this electric car makes this project even more powerful,
26,000km of distance traveled, so this is extraordinary
jr. member
Activity: 614
Merit: 1
Hey everyone, Vali just posted his Friday update, please read it bellow and see what's been happening since the last update:

Good evening everyone, I am sorry for the late update, but unfortunately we've been caught up with several things.
 I will try to give a high level update on the progress we've made so far because the notes will be published in a separate thread and the progress can be also viewed on our git.
 
First of all I want to stress out that going for a payment provider for a project that had an ico and deals with crypto is not an easy job, 90% percent of them just say no when they even hear the word blockchain, for the other ones you need to.prove how you do kyc/aml who's the company who are the owners what is the usage and what are the terms and conditions your policies and the process is very time consuming, but we managed to get over that, we are in our last steps into the partnership.

We're working round the clock and checking the producers/consumers that are going to be with us for the beginning.

We've already audited internally our contracts several times, and as we add more and more features to them they're going to be audited from an external.company as well.

Regarding the security, we've seen several opinions around here about how we should implement funds transfering and different kind of issues, we want to assure everyone that we take security very seriously, we ONLY use cold wallets and we sign on the fly only on a specific chain (swazm) so that the funds are always secured, and can't be withdrawn even if the system is compromised, more details will follow next week in an article.

Last but not least, MAY IS HAPPENING. But please try to understand that we are doers not talkers Smiley, so If an update does not come at 2 pm in a Tuesday that doesn't mean that we are lying, it means that we're just busy making thing happening.

Since December RED has developed his own decentralized exchange/ platform/ kyc module/ support module/ security hardware/ infrastructure/ smart meters. So even if it looks small I can assure you it's not, we are a team that has expertise in software/business/energy, you can scout us on LinkedIn, backgrounds from big companies like Microsoft/Ubisoft/Philips , our developers are constantly reading the development/main channels, and taking every opinion in consideration, most of them.left the office just a few hours ago.

Thank you everyone, we're going to keep you updated, the exact date for the launxh, depends on 3'rd parties and do not want to make promises that I can't.assume.

Have a great weekend everyone.
jr. member
Activity: 238
Merit: 1
Good morning, I haven't been following the project for a long time, even though I have several tochens on my wallet eth .... I wanted to know if we now need to register these tokens on some platform or if the energy exchange is already operational somewhere in the world. tenks

Hello micdep78, thanks for your support over the development of RED! The team has confirmed that account creation, KYC validation, staking, bonus distribution, trading and many other facets of RED are scheduled to go live this month. Some time before that, there will be an announcement to prepare for staking to start. This will include some instructions on how to stake your MWAT.
newbie
Activity: 31
Merit: 0
Good morning, I haven't been following the project for a long time, even though I have several tochens on my wallet eth .... I wanted to know if we now need to register these tokens on some platform or if the energy exchange is already operational somewhere in the world. tenks
legendary
Activity: 1610
Merit: 1004
This is very good and effective way to promote your services by using electric car to let the people know about the usage of green energy. This project is like hidden gen with lot of development and physical established business in couple of countries after Romania as well. Since green energy will still take some time to go global it is opportunity for many.
jr. member
Activity: 238
Merit: 1
Did you see the amazing in-depth article written by RED community member and supporter @elrevoltosolibre? It's a very well written and concise summary of what Restart Energy aims to accomplish, accompanied by beautiful graphics.

Give it a read, and let us know what you like best!
jr. member
Activity: 504
Merit: 1
member
Activity: 1330
Merit: 10
Restart Energy's Electric Tour, an over 26.000 km record-journey throughout Romania with an electric car, was just featured on Renault's official site https://twitter.com/RestartEnergyio/status/1121334187980742656



A greta achievement, you can see a couple more pics here!
member
Activity: 735
Merit: 17
Restart Energy's Electric Tour, an over 26.000 km record-journey throughout Romania with an electric car, was just featured on Renault's official site https://twitter.com/RestartEnergyio/status/1121334187980742656

jr. member
Activity: 238
Merit: 1
Looking to get an idea what the final apps will be like for Restart Energy? You can check them out now! Please remember that they are still in Beta version, so some features may not be available.

Android: https://play.google.com/store/apps/details?id=com.redv2.mwat
iOS: https://itunes.apple.com/us/app/red-platform/id1452283744?mt=8
Desktop: https://www.redplatform.com/#/
jr. member
Activity: 504
Merit: 1
Here are RED's Telegram Groups!


Stop by and ask any questions you may have!
jr. member
Activity: 504
Merit: 1
RED NEWS UPDATE!


Click the image to zoom in


Quote
"Hey everyone!

Some pictures from the Finish Line of the Electric Tour!

Don't forget, if you are in the area, you can still join us in Timisoara, at 19:00 hours local time, for the World Earth Day and see the wonderful and incredible Romania through the eyes of the german pilot Christian Gernemann, as surprised on camera along his way on the Electric Tour!

As promised, Restart Energy and RED will donate an awesome Solar Tree to the city of Timisoara."
jr. member
Activity: 238
Merit: 1
If you are on Telegram and wish to join a lively community discussing and speculating on RED as well as crypto in general, you should join the Restart Energy Democracy Trading channel. It's a thriving place with lots of knowledgeable people who are all equally interested in the future of RED.

Come join and say hi!
jr. member
Activity: 504
Merit: 1
Update from the RED team!


"Hi Everyone,
As you know it's Friday, and it's time for an update Smiley.

First of all i want to announce everyone that the past 2 weeks have been pretty stressful for us and fulfilling at the same time.
I would like to  go trough the major changes:

Blockchain:
The Swazm protocol/virtual machine has been updated in order to support some operations that will allow us in the near future to do order matching in a totally decentralized way, for RED.
The MASTERNODE list was updated with 2 major partners that own data centers,
- MAGUAY (maguay.ro) - that is one of hardware providers for the European Organization for Nuclear Research
- EUROPE5 (europe5.com) - that is another hardware distributor, as well as Google reseller for services.
Another huge improvement is that we decreased the block generation interval from 5 seconds to 3 seconds as well as quadrupling the TPS

RED Financial:
- As we moved closer to the launch, Braintree decided that won't support us anymore so all the payment integration that we did so far which was complete is now obsolete, and we are waiting for several new payment provider contracts that will be implemented as a replacement/backup.
- Some of you feel that the 1e fee came unexpected and without explanation:
 - while this was discovered in the beta group and announced in the main group and caused some misunderstandings, i want to explain the reasoning behind  it.
 The regulators in different countries(including Romania) require us to do AML periodically, and we need to report changes when operating cryptocurrencies (card changes and things like that).
 Why 1e and not less? Well it's pretty simple,  payment providers require us 0.35e and between 1-5% per transaction  plus VAT depending on the country your in, which varies, in order to cover everything  we need this sum, we want to remind everyone  that trading on RED is completely free and will  remain free.
 There are a lot of reasons behind it, one preventing people that are not truthful about who they are and also that can damage the ecosystem, we take these kind of things very seriously as it can damage an existing company, RED, SWAZM and the people working on them.
 - we also had internal audits about the financial flow inside RED, from traders, consumers and producers, and everything was done in order to guarantee the financial security of everything.

RED Development:
- in the last 2 weeks a lot of improvements have been made in regards to usability/UX/UI flows, and a lot of other things that can be viewed item by item in our git or in the release notes that will be posted  following this message.
- as the project gets bigger and bigger, we felt the need for refactoring as well as establishing internal development guidelines so that less and less bugs/issues appear in the development/release cycles.
- we did a separate layer for metering and developed internal tools to monitor the production/consumptions in real time, which was mandatory for our colleagues that support the consumer/producers in real time with anything that they need from enrolling to contracts.
- we've added 3 more developers in the last 2 weeks to our team as we felt the need for manpower as the project gets more and more  complex by the day.
- there are a lot of things that are going on, things that are not viewable from the app/web view, but are mandatory going forward.
- we need to agree that the apps are looking and feel better and better in terms of stability and usability.

RED Security:
- as we deal with people's tokens which in end are their financials, we've developed tools and procedures that will handle the mwat that is in the platform, this means that we have procedures that guarantee that no mwat is lost when sending to one of the addresses that are listed in the apps (like beta testers sending mwat to the app), no mwat is lost this way, and we want to ensure that those who sent the mwat, they will get it back.
-> PLEASE DON'T SEND MWAT FROM ANY KIND OF WALLETS <-
You're just making the dev team busy in order to return them.
- We've tested security scenarios like gaining access to the network and trying to retrieve funds, which were not successful, in order to tighten even more security we're also doing external pen testing.

RED Realtime update channels:
- We're working on a new update system, that will notify you every time when mwat/kwt is flowing from.to your account so that you will be updated all the time (email/push/sms), this will be also useful for staking mechanics and ECF monitoring
- we have also developed a system that tracks all the mwat trades from/to Ethereum and inside Swazm to give us a better understanding of what is going on.

Timeline:
- as we get closer to the launch, you may  experience app downtimes, loading screens and unexpected behaviour due to the fact that we are updating everything to the Swazm mainnet.
- as we put in place the repository that will hold all of your keys you will be able to create your final accounts and do the final kyc (for this we require updates from the payment providers)
- after the accounts are completed, the staking date will be announced, everyone will receiver periodic notifications from the above system as we  get closer to that date.
- the expected timeline for everyone to create their accounts, is in the next weeks after easter, after that the staking will begin.

MISC:
- we've also been busy integrating consumers/producers in a custom manner as we don't want to launch a platform that has no producers/consumers enrolled, and everyone not benefiting from the initial KWT reward.
- we want everyone to understand that we try to update everyone on Friday, please try to understand that if something is discovered in the community any other day of the week, is not going to go unnoticed, but please wait for an official update, these things are discovered because we are open and we don't try to cloak anything.
We believe in decentralization and transparency.

I feel like there are a lot more things to be covered, and we will try to add more in a article that will also summarize everything written here and more.

We want to let everyone know  that easter is coming soon, and our devs have families and want to be close to them, so the next sprint might be a little slow.

Last but not least we want to thank our beta tester community that has been so receptive and it's helping us test things inside our apps.

Thank you!"
member
Activity: 1330
Merit: 10
RED awaits your feedback, be sure to join the community! Smiley
jr. member
Activity: 658
Merit: 3


From Twitter:
Quote
Christian and the Electric Tour will pass the Finish line on Monday, the 22nd of April, after 24.000 km through Romania. This makes it the longest trip with an electric car and a world record  in the GUINNESS BOOK for Romania!
#ElectricTour #WorldEarthDay #MWAT #REDplatform
jr. member
Activity: 238
Merit: 1
Christian and the Electric Tour will pass the Finish line on Monday, the 22nd of April, after 24.000 km through Romania. This makes it the longest trip with an electric car and a world record  in the GUINNESS BOOK for Romania!

By committing to this project, we are making a big push to raise awareness on the long term effects our actions have on the environment and how everyone can contribute to reduce our own impact on nature.

If you are around, please join us on the 22nd of April, at 19:00 hours, for the World Earth Day, in Timisoara and see the wonderful and incredible Romania through the eyes of the German pilot Christian Gernemann, as surprised on camera along his way on the Electric Tour!

And that's not all, Restart Energy  and RED will donate an awesome Solar Tree to the city of Timisoara. Join us, get to recharge your phone and surf the net alongside others in this new cool spot!

You can follow Christian's electric tour at https://www.electrictour.ro/




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