Restart Energy ICO Review: Sharing Energy in the Marketplace

Restart Energy ICO Review – An Overview

Restart Energy is building a global energy supply platform using blockchain protocol to democratize a sector burdened by bureaucracy and transaction costs, freeing up capital, saving consumers money, helping local small producers earn more, and allowing a real peer to peer direct energy trading using existing infrastructure.

So, let’s dive right into a detailed review of Restart Energy’s ICO.

Restart Energy is the fastest growing private energy and gas provider in the EU with $20mm annual revenue, servicing 27,000 households and more than 3,000 SME’s and multinational corporations. It’s a licensed energy supplier from the European Union.

Crypto tokens enabling virtual storage of energy are sold at an initial charge of 0,11 kWh/token. The global decentralized energy supply platform, with peer to peer capability, enables consumers to buy energy directly from producers which helps energy consumers save 30% on energy costs.

Owning RED MWAT  tokens gives it access to the RED franchise to resell energy provided by RED.  It currently has more than 300 franchises in Romania.

Market Opportunity

Crowd Sale

Distribution of tokens

80%

12%

5%

3%

Crowd sale

Team

Advisors

Bounties

Allocation of Funds

20%

20%

80%

Upstream Integration

RED PLatform development

Expansion

Team

C-suite Team:

Armand Domuta, CEO

Renato Doicaru, COO

Cristian Bogdan, CFO

Andrei Avram, CTO

Plus 10 other people on the team

Advisors, top 3:

Catalin Ivan, member of European Parliament

Vlad Trifa, IOT expert

Micheal Enescu

8 others on the advisory board

They are partnered with:

THT

Innovation 4.4

Rosenc

Armand Group

Amplifi

Amazix

Monaco

Energy partners include:

EuroGSM (Orange Telecom Dealer) + InterBroker + GRS + AMVV

Opinion

Undoubtedly, the energy distribution market is being disrupted by the Blockchain with numerous projects being developed in 2017. Restarting franchise approach is novel and has potential to allow people to access the energy market, to earn a return.

This democratization of energy will bring new investors into the space and will grow the market as a whole, whilst also making distribution more efficient from a resource and capital allocation perspective. Having an advisor from the European parliament is advantageous, but it may yield a marketing strategy and probably not any particular deal flow from the EU.

Links

Site

Telegram

Steemit

Twitter

Facebook

Medium

ANN (16 December 2017)

Github

Reddit

Youtube

Whitepaper

One Pager

That concludes our Restart Energy ICO review. So, are you planning to invest?

Let’s talk in the comments!


Feature image by Geralt

1 Response

  1. This sounds like one ICO I would invest in. I especially like the team behind this; on paper it looks like they know their way around and that’s what makes me want to invest in this. It seems to me that this has an enormous growth potential that will be materialized if the ICO is successful and if they keep developing.

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