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Topic: [ANN][TOKEN]RED (MWAT) - Energy Trading Platform by EU Provider. Presale LIVE. - page 9. (Read 56434 times)

jr. member
Activity: 504
Merit: 1
There are many ways to stay in touch with the RED team!

Telegram
Twitter
Facebook
jr. member
Activity: 331
Merit: 1
Dear RED community,

On March 5th, 2019, just a few days after the most recent RED Spring Update, RED CTO Vali Malinoiu was present on our Telegram channel, delivering another update on the progress of the RED Platform and what’s next for the coming weeks.

Read the article on our Medium:
https://blog.restartenergy.io/vali-march-2019-update-e13fd35c571a
jr. member
Activity: 504
Merit: 1
It sounds awesome to read this latest update so the plan about the future development is looking very impressive and when it will become functional than surely all long term investors will feel happy for this journey.

Indeed! The RED team is dedicated to being the number one energy platform on the blockchain!
sr. member
Activity: 1008
Merit: 253
Hi RED supporters, here are the latest updates from Vali:

We have some updates to share with you, so I will try and group them by category.

- Development
-------------
Our team has grown considerably from the start of the year, and we intend to keep growing, due to this fact we have decided on a planning schedule.
- Every Monday the Development team decides what features are going to be added into the next milestone.
- Every Friday we plan on deploying a new version of the app.
- We will try to inform you about the planning and the deployment notes.
- You can ALWAYS take a look at the git repository and see the status of each task.

- Changes
------------
- Due to recent business development, we have decided to change the way that Producers and Consumers and Suppliers are boarding on RED
- A Consumer can have multiple consumption point under different Legal Entities (Personal or Comercial)
- A Producer can have multiple production points under different Legal Entities (Personal or Comercial)
This segregation of responsability will allow us to see the production/consumption more clearly and we will be fully prepared to handle and entity that produces but also consumes a large quantity of energy.

- Staking
------------
- Our first priority is to nurture RED into becoming the biggest clean energy platform both for producers and consumers. Every decision that we make it's intended to be for the sake of the platform, to help it grow and help all the parties involved.
- Due to the recent developments in the community, we felt that some members weren't happy with the staking system so we've revised it as follows.

-------Crediting KWT
1. Staking your MWAT has a fixed stake period of 90 days.
2. KWTi is credited instantly only once by staking in a certain week (which will be announced beforehand)
3. KWT is credited instantly by a percentage of your stake vs all the stake, and taken out of the ECF at the time of staking.

-------Unlocking KWT
1. KWTi can be unlocked per day, if you skip a day you won't lose that kwt in that day, you can unlock any after day for the days you skiped.
2. KWT can be unlocked per day, if you skip a day you won't lose that kwt in that day, you can unlock any after day for the days you skiped.
YOU WILL GET ALL THE KWT/KWTi DURING THOSE 90 DAYS of staking.
3. The formula for unlocking is simple, per day you can unlock 1/90 from what was credited to you, so that at the end of the 90 days period you will have your full reword.
NOTE: KWTi (initial reward) will automatically burn upon no use after 90 days of when it's been credited.

- Smart Contracts
------------
- Every bit of change affects the foundation of the Smart Contracts, which then require change, we keep on upgrading them and changing them.
Smart contracts help us keep things transparent towards the community and the parties involved.
Even though here at RED we also pentest our smart contracts, and do security analysis on them, after the Smart Contracts are considered final they will be also audited  by an external company.

- Smart Meters
-----------
- As you know RED is developing in house a smart meter that it's also attachable to the existing industrial meters in order to record live the consumption/production. The team is working round the clock in assembly deployment and installment even now as we speak, sometimes we wait for parts from different vendors (which are causing delays).
- We intend to simulate over 100 000 meters in RED to see how the blockchain will behave Smiley, and also how fast we can do production consumption matching between producers/consumers.

- Infrastructure
----------------
- We are also in the process of upgrading some equipments in our datacenters, because we need redundancy and high availability.


- Upcoming
----------
We intend that during this month a beta staking process will take part that will allow us to test live how the staking will behave.

I want everybody to know that the team that we've been creating is working round the clock to deliver high quality products in the hands of it's community, they always listen to your feedback and ideas.
We are fortunate to have such a great community that is helping us.
Thank you.

It sounds awesome to read this latest update so the plan about the future development is looking very impressive and when it will become functional than surely all long term investors will feel happy for this journey.
jr. member
Activity: 658
Merit: 3
Attention RED community❗️

There are a couple of options for the RED app, the team are weighing them up in order to make the best decision for the community and the platform.

What features would you like to see in the app?

Hurry up and send your feedback before the launch! Your input is appreciated and welcomed! Join us on telegram and share what your thoughts and ideas are with the community: https://t.me/RestartEnergy

The community have offered some invaluable suggestions so far. Visit RED Restart Energy on Telegram and post your suggestion with the hashtag #iwantitonREDp
https://t.me/RestartEnergy
jr. member
Activity: 614
Merit: 1
Hi RED supporters, here are the latest updates from Vali:

We have some updates to share with you, so I will try and group them by category.

- Development
-------------
Our team has grown considerably from the start of the year, and we intend to keep growing, due to this fact we have decided on a planning schedule.
- Every Monday the Development team decides what features are going to be added into the next milestone.
- Every Friday we plan on deploying a new version of the app.
- We will try to inform you about the planning and the deployment notes.
- You can ALWAYS take a look at the git repository and see the status of each task.

- Changes
------------
- Due to recent business development, we have decided to change the way that Producers and Consumers and Suppliers are boarding on RED
- A Consumer can have multiple consumption point under different Legal Entities (Personal or Comercial)
- A Producer can have multiple production points under different Legal Entities (Personal or Comercial)
This segregation of responsability will allow us to see the production/consumption more clearly and we will be fully prepared to handle and entity that produces but also consumes a large quantity of energy.

- Staking
------------
- Our first priority is to nurture RED into becoming the biggest clean energy platform both for producers and consumers. Every decision that we make it's intended to be for the sake of the platform, to help it grow and help all the parties involved.
- Due to the recent developments in the community, we felt that some members weren't happy with the staking system so we've revised it as follows.

-------Crediting KWT
1. Staking your MWAT has a fixed stake period of 90 days.
2. KWTi is credited instantly only once by staking in a certain week (which will be announced beforehand)
3. KWT is credited instantly by a percentage of your stake vs all the stake, and taken out of the ECF at the time of staking.

-------Unlocking KWT
1. KWTi can be unlocked per day, if you skip a day you won't lose that kwt in that day, you can unlock any after day for the days you skiped.
2. KWT can be unlocked per day, if you skip a day you won't lose that kwt in that day, you can unlock any after day for the days you skiped.
YOU WILL GET ALL THE KWT/KWTi DURING THOSE 90 DAYS of staking.
3. The formula for unlocking is simple, per day you can unlock 1/90 from what was credited to you, so that at the end of the 90 days period you will have your full reword.
NOTE: KWTi (initial reward) will automatically burn upon no use after 90 days of when it's been credited.

- Smart Contracts
------------
- Every bit of change affects the foundation of the Smart Contracts, which then require change, we keep on upgrading them and changing them.
Smart contracts help us keep things transparent towards the community and the parties involved.
Even though here at RED we also pentest our smart contracts, and do security analysis on them, after the Smart Contracts are considered final they will be also audited  by an external company.

- Smart Meters
-----------
- As you know RED is developing in house a smart meter that it's also attachable to the existing industrial meters in order to record live the consumption/production. The team is working round the clock in assembly deployment and installment even now as we speak, sometimes we wait for parts from different vendors (which are causing delays).
- We intend to simulate over 100 000 meters in RED to see how the blockchain will behave Smiley, and also how fast we can do production consumption matching between producers/consumers.

- Infrastructure
----------------
- We are also in the process of upgrading some equipments in our datacenters, because we need redundancy and high availability.


- Upcoming
----------
We intend that during this month a beta staking process will take part that will allow us to test live how the staking will behave.

I want everybody to know that the team that we've been creating is working round the clock to deliver high quality products in the hands of it's community, they always listen to your feedback and ideas.
We are fortunate to have such a great community that is helping us.
Thank you.
member
Activity: 1330
Merit: 10
Attention RED community❗️

There are a couple of options for the RED app, the team are weighing them up in order to make the best decision for the community and the platform.

What features would you like to see in the app?

Hurry up and send your feedback before the launch! Your input is appreciated and welcomed! Join us on telegram and share what your thoughts and ideas are with the community: https://t.me/RestartEnergy


Interesting feedback we've been seeing, be sure to join in and leave yours Smiley
jr. member
Activity: 614
Merit: 1
Attention RED community❗️

There are a couple of options for the RED app, the team are weighing them up in order to make the best decision for the community and the platform.

What features would you like to see in the app?

Hurry up and send your feedback before the launch! Your input is appreciated and welcomed! Join us on telegram and share what your thoughts and ideas are with the community: https://t.me/RestartEnergy
member
Activity: 1330
Merit: 10
RED has been doing amazingly as of lately, have you been catching up with the latest news? Smiley
jr. member
Activity: 504
Merit: 1
RED UPDATE FROM CEO, ARMAND DORU DOMUTA!

Read it here!
jr. member
Activity: 331
Merit: 1
Fully agree that validation of staking feature inside the ecosystem as per planned is going to show positive effects. Restart energy team has done lot of work on technical sides and this was the thing of which need was felt to come out. Finally this is going to happen very soon, I read article but feel need to read once again to understand well its different parts.

Thanks for your support, Zontop. Feel free to also join the conversation on telegram and share what your thoughts and ideas are with the community. https://t.me/RestartEnergy
sr. member
Activity: 854
Merit: 256
Fully agree that validation of staking feature inside the ecosystem as per planned is going to show positive effects. Restart energy team has done lot of work on technical sides and this was the thing of which need was felt to come out. Finally this is going to happen very soon, I read article but feel need to read once again to understand well its different parts.
legendary
Activity: 1610
Merit: 1004
Staking will have huge impact on market overall by all aspects. First of all locking period will reduce the circulation supply which means increase in demand and price at the same time. Long term holders will have one more reason to hold to get some sort of passive income under staking reward. I will be waiting for beta staking app planned for this month. Overall this is very good update that will draw attention of more people.
jr. member
Activity: 614
Merit: 1
Hey RED community!

The document explaining RED’s staking mechanism has been updated! You can find it here👇

https://blog.restartenergy.io/how-reds-staking-mechanism-works-19cfac8a0cbb
jr. member
Activity: 504
Merit: 1
Latest update from the team!



Dear RED Community,

Spring is finally upon us and we here at Restart Energy want to thank our amazing community for the support they’ve offered us so far!

And we also want to celebrate the start of the new season with something we are certain you will all appreciate  — important updates on the development of the RED platform!

Read the article on our Medium.
jr. member
Activity: 614
Merit: 1
Hey RED Supporters,

Armand was kind enough to share some pictures from the recent  Cottontex final installation of RED Smart Meter and Concentrator💥💥🚀






RED is getting ready for action!🙌👏
sr. member
Activity: 840
Merit: 250
It is hard to believe that Restart Energy achieved such results in 2018, and what will happen next is difficult to imagine. I'll go buy more coins Restart Energy. Restart Energy deserves to be the number 1 coin in the whole World.

Dear RED community,

Ahead of our expansive year-in-review article, Armand gave an in-depth update of his very own, followed a few days later by the first AMA of 2019. We’ve transcribed both into one comprehensive update, for your convenience.

Read the update & AMA on our Medium:
https://blog.restartenergy.io/armand-new-year-2019-update-2bcbe63a7fc

Regards,
The Restart Energy team
Best report to start a new year
gij
jr. member
Activity: 278
Merit: 1
Dear RED community,

Ahead of our expansive year-in-review article, Armand gave an in-depth update of his very own, followed a few days later by the first AMA of 2019. We’ve transcribed both into one comprehensive update, for your convenience.

Read the update & AMA on our Medium:
https://blog.restartenergy.io/armand-new-year-2019-update-2bcbe63a7fc

Regards,
The Restart Energy team
Best report to start a new year
jr. member
Activity: 614
Merit: 1
Dear RED community,

Ahead of our expansive year-in-review article, Armand gave an in-depth update of his very own, followed a few days later by the first AMA of 2019. We’ve transcribed both into one comprehensive update, for your convenience.

Read the update & AMA on our Medium:
https://blog.restartenergy.io/armand-new-year-2019-update-2bcbe63a7fc

Regards,
The Restart Energy team
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