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Topic: [ANN][TOKEN]RED (MWAT) - Energy Trading Platform by EU Provider. Presale LIVE. - page 90. (Read 56410 times)

gij
jr. member
Activity: 278
Merit: 1
i dont get it .... if 1 token=1kw/h then the price for each token can not be higher then +/- 0,20 $ct

So max potential is X3 to X4 from the price at kucoin.

Is this right ?
click roadmap here: https://restartenergy.io/
MWAT is a multipurpose token, one is that it works as battery, its capacity grows over time, 0.11kwh was the capacity of each token in 2017, now the capacity is 0.3kwh this value will be 13.13kWh in 2023

Merit Me
Few questions:
1- MWAT is a multi purpose token, Is it possible that it becomes more valuable than its initial worth of precharge energy stored in kWh?
2- What will happen in the above case?
3- When first customers (probably Romanians) could use MWAT to buy energy?
With regards
member
Activity: 196
Merit: 10
Hi all,

We have added a trading channel for all your trading needs!

https://t.me/Restartenergytrading
gij
jr. member
Activity: 278
Merit: 1
i dont get it .... if 1 token=1kw/h then the price for each token can not be higher then +/- 0,20 $ct

So max potential is X3 to X4 from the price at kucoin.

Is this right ?
click roadmap here: https://restartenergy.io/
MWAT is a multipurpose token, one is that it works as battery, its capacity grows over time, 0.11kwh was the capacity of each token in 2017, now the capacity is 0.3kwh this value will be 13.13kWh in 2023

Merit Me
full member
Activity: 163
Merit: 101
i dont get it .... if 1 token=1kw/h then the price for each token can not be higher then +/- 0,20 $ct

So max potential is X3 to X4 from the price at kucoin.

Is this right ?
member
Activity: 389
Merit: 11
full member
Activity: 210
Merit: 100
token is trading at KuCoin per 0.00007ETH=$0.06
I think the ICO price was more.

The ICO price was 0.1 USD.
I didn't get in at the ICO, so I am pretty thrilled to have just bought a bag. Smiley

As there was quite a huge demand for MWAT tokens during ICO, I thought that the demand will be high enough on the exchanges. But kucoin doesn't show the numbers I was thinking about.
full member
Activity: 714
Merit: 105
legendary
Activity: 3262
Merit: 3675
Top Crypto Casino
Hi guys.
I can not find where the token is being traded.
member
Activity: 140
Merit: 22
token is trading at KuCoin per 0.00007ETH=$0.06
I think the ICO price was more.

The ICO price was 0.1 USD.
I didn't get in at the ICO, so I am pretty thrilled to have just bought a bag. Smiley
sr. member
Activity: 728
Merit: 250
No doubt that this ICO was obviously an overwhelming success already. They won't even reach their public sale phase. That's incredible and the contributions have become faster and bigger over the course of the last few days.

Now RED pre-sale already rised $26.25M! I think that all MWAT tokens will be sold on pre-sale. Really good project for me, look more better than overhyped Wepower. I tjink that pre-sale will finish soon.

This ICO had an amazing run. At the very beginning I wasn't so sure about the idea because I didn't know much about the area they are operating in. But now I can see this go places very soon.

Thank you so much for the support! What aspect of the project interests you the most?

Well, it isn't really a single small aspect of the project, but the whole idea in general. My problem was that although I am a firm believer in decentralization and blockchain technology, I couldn't establish a connection that quickly between the energy industry how it is today and what it could look like thanks to blockchain. I asked myself how the heck would you decentralize the energy ecosystem and I still struggle to completely get it, but I am developing this sense for how it could eventually function. The decentralized trading part is clear to me while I still wonder how one household could actually purchase REAL energy from another household and get that delivered? Aren't you still dependent on those huge energy providers that dominate the market today? Who actually owns the infrastructure that transports energy and are you going to make use of that infrastructure? Despite those questions I have a little bit of a vision that blockchain could do a lot in this space.

Hey SeaSoul!
I hope my answer will be helpful.

The Restart Energy Democracy Platform (RED) connects energy producers and traders with retail customers
around the globe in a transparent, decentralized manner; creating added value for all the parties by employing
blockchain to remove several layers of costs associated with bureaucracy and transaction costs.
By rearranging the way transactions are settled in a transparent manner using blockchain, producers will be able
to sell their energy at a price 30% higher compared to the wholesale price to high numbers of low-volume retail
customers, who will then pay 30% less using existing grid infrastructure and the RED platform administrated by
Restart Energy.


Hello. I have a question about the bounty program. Tell me, who can I contact ?

Hey Earanting.
Please query that on RED bounty channel-> https://t.me/RestartBounty

Hey mme1022, thanks for the explanation. Does that mean that you expect all those energy giants ending up using your platform? Collusion among the large companies could still be a problem, couldn't it?

I would not expect 'energy giants' to use RED's platform as they would, in essence, be competition to them. But brokers and re-sellers certainly can!

But wouldn't there be something like a pull effect even for the giants if a critical mass starts using RED's platform? I still fail to fully understand the business model. How could the giants ignore a market that people tend towards using because of higher efficiency, more transparency and better prices?

Hey SeaSoul!
That's a good question.
Don't forget that the total supply is 500M MWAT tokens.
With each 1 RED MWAT token the users can virtually buy or sell up to 1 MWh  per month on the RED Platform. Which means the limit for 1 MWAT is 1000 kw.
There's a limit of much electricity RED can produce. I think that at this stage it will be pretty hard for RED to provide sufficient amount of energy to those "giants".

Hey mme1022, thanks for sharing that interesting insight again. Please correct me if I am wrong: Wikipedia says that the global energy consumption in 2014 was 109 billion kwh. Doesn't the supply of 500M RED allow for 500 billion kwh being traded back and forth / consumed? Hence, it could also cope with global energy production and all the giants?
jr. member
Activity: 354
Merit: 2
Which hash algorithm?

Could you expand on your question, please?
jr. member
Activity: 354
Merit: 2
Two official announcements from the RED team (TG) about the exchange listings:

1. Dear RED Community,

On behalf of the RED Team, we wish to thank you all for your trust and fantastic support.
As you know, after the MWAT token sale ended, our community voted to extend their lock period in order to have time to list them on larger, centralized exchanges.
In order for the tokens to be listed on exchanges there are some technical requirements to be met namely:

A )  The RED Team is not allowed to speak about or market anything else besides the token utility
B )  Exchanges explicitly prohibit making any public announcements before they themselves make the announcement first
C )  Tokens have to be unlocked for testing and deployment 24 hours prior to exchange listings
D )  Large exchanges require a coinmarketcap link and thus a minimum daily trading volume before listing
E )  For discussions about trading, please join the TG channel specifically created for this purpose: https://t.me/Restartenergytrading

We would hereby like to announce that there will be listings on several exchanges this week and in the next two weeks. Each time a new exchange lists MWAT, the pinned message in the trading group will be updated.
Moreover, the RED Team will soon have very exciting announcements to make regarding our international expansion, so please stay tuned to our official TG channel!

Thank you for your support!

------------------------------------

2. Dear RED community,

Recently, you’ve asked for our MWAT token to be available on centralized trading platforms first - and so it has!

The first trading platform on which MWAT will be available is none other than KuCoin (http://www.kucoin.com). It is a well-used trading platform, with a solid interface and veteran technical staff.

Trading pairs available: MWAT/BTC and MWAT/ETH;
MWAT deposits and withdraw: 10 AM, February 12th, 2018 (GMT);
MWAT trading: 2 PM February 12th, 2018(GMT).

This means we are a full 16 days ahead of the schedule proposed in our poll!

We would also like to mention that due to how decentralized token trading platforms work, MWAT tokens are thusly ready for trading on all such ERC20-compatible platforms, at user’s leisure.

It is up to the individual MWAT token holder as to where they want to trade their tokens and when they want to do so.

Regards,
The Restart Energy team
newbie
Activity: 38
Merit: 0
When this coins reach huge trading platforms like poloniex or bittrex, they will surely patronize this coins so its realy worth investing and keeping this coins until rhey hit the moon.
I am also waiting for that update If they can work with other big exchanges. It will be a good because you can now buy and trade their coin freely. You can also store it for future purposes.
You are right, they will become popular if the coin will be listed in large exchanges. But it needs to have a lot of budget because listed in those exchanges is really expensive.
full member
Activity: 714
Merit: 105
token is trading at KuCoin per 0.00007ETH=$0.06
I think the ICO price was more.
newbie
Activity: 37
Merit: 0
When this coins reach huge trading platforms like poloniex or bittrex, they will surely patronize this coins so its realy worth investing and keeping this coins until rhey hit the moon.
I am also waiting for that update If they can work with other big exchanges. It will be a good because you can now buy and trade their coin freely. You can also store it for future purposes.
newbie
Activity: 41
Merit: 0
When this coins reach huge trading platforms like poloniex or bittrex, they will surely patronize this coins so its realy worth investing and keeping this coins until rhey hit the moon.
newbie
Activity: 46
Merit: 0
I am well amazed to the team. As I can see, the team working on the company is very experienced becaused handling this project based on advertising is really a great deal. I believe that more people will come to engage this unique characteristics of project here in the crypto world and also in the industry.
Yes you are right, this team is a mix of people who are real experts. Currently, there are so many new ICOs on the market that you can rarely meet a good team. I think that looking at the team, we can make investment decisions. This is not their first project!
newbie
Activity: 38
Merit: 0
I am well amazed to the team. As I can see, the team working on the company is very experienced becaused handling this project based on advertising is really a great deal. I believe that more people will come to engage this unique characteristics of project here in the crypto world and also in the industry.
newbie
Activity: 37
Merit: 0
This project does not seem attractive to me 100%, but if the team has preliminary agreements on the application of this project, then it becomes very attractive.
Well, it depends on how you see attractiveness.
newbie
Activity: 41
Merit: 0
This project does not seem attractive to me 100%, but if the team has preliminary agreements on the application of this project, then it becomes very attractive.
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