Undiscovered (yet) gems - Part 1 - How I hope a 10x until the end of the autumn - MWAT
MWAT

Undiscovered (yet) gems - Part 1 - How I hope a 10x until the end of the autumn - MWAT

By VNFC | crypto sessions | 1 May 2020


who shouldn't want this? of course, if it would be a 100% sure thing, everybody will be into it.

I am talking about Restart Energy (MWAT), a still burried gem of crypto, but when it will explode, it will be a little to late to gather all the profits.

Let's start with the introduction:

  1. What is Restart Energy
  2. Restart Energy (MWAT) Roadmap
  3. What differentiates Restart Energy from other competitors or projects?
  4. What is a RED Franchise?
  5. What is RED platform?
  6. What is V-LEC?
  7. What is RED Loyalty System?
  8. What are Restart Energy (MWAT) token Use Cases?
  9. Can you stake Restart Energy (MWAT)? 
  10. Where to store Restart Energy (MWAT)
  11. Where to buy Restart Energy (MWAT)

1. What is Restart Energy?

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Restart Energy Democracy (RED) is a blockchain-powered platform, backed by Restart Energy — an European energy provider with more than 25 million $ in revenues in the last year. The company was built with the vision to offer the power to negotiate the price of energy for every client and democratize this sector filled until these days by only few players which dictates their conditions. The company’s credentials include a customer base of more than 35,000 household clients and 6,000 corporate clients.

RED platform aims to democratize a sector burdened by bureaucracy and transaction costs, freeing up capital, helping consumers and small producers access to an energy trading market maximising in this way their earnings.
RED will operate a retail energy P2P marketplace that can be accessed by all participants in the energy market contrasting with the current situation where only big players can access the market at a wholesale level due to high access cost and complicated technical barriers.

Why using this marketplace? Because now, as a producer, you could sell only to big traders and you loose important profits. Also, as a consumer, you could buy only from the same big traders. So, now, a producer could receive more money and the consumer will pay less by eliminating the middle companies.

The whitepaper is here, but is should be updated to see the big picture and progress until now.


2. Restart Energy (MWAT) Roadmap

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This is the Roadmap from the whitepaper with some updates:

The countries strikethrough lined with orange didn't manage to be emarked in the platform at the time of proposal. Like you see, Serbia is one year later and we hope we will have this year, Germany and Spain. The delay is caused (as I expected) by the complexity of the process. I hope to happen later than never. Anyway, I am sure the hole process will be delayed, more or less, with 2-3 years, but I am satisfied if the trades will start to work from this year.


3. What differentiates Restart Energy from other competitors or projects?

I think this is the most important part of the presentation together with the usecase of the project, of course.

Some similar projects are:

It may be more, but I don't know them.

One is for sure a scam, Winhan Energy (WHN), because they stop responding in Telegram channel and their website couldn't be reached anymore. Another one, Electrify Asia (ELEC) is struggling at #955 place by MarketCap, with a price of 0.0005 $, a total supply of 750 mil coins and an average daily volume above 300$.

Also, Solar Coin (SLR) is almost dead, with an average daily volume of 400$.

Let's get to differentiation: the main thing is the way how the MWAT token is "fueled" to have attractivenes and demand: every energy producer who uses the RED Platform for selling his energy, will give monthly to it, between 1% to 5% of the total of their energy traded. This energy is cuantified in KWT tokens and is splitted among the owners of MWAT who stake their tokens on RED Platform. Is is a passive income and is increasing as much as more and more Producers are using this way of selling their energy.


4. What is RED Franchise

The RED Franchise (RED-F) is an exclusive business opportunity available to MWAT Token holders. It is an innovative, tested, and working idea that is already being used within the European Union.

MWAT holders could create and run their own energy retail business on RED Platform in every country where this will be enabled. There are more types and I will not enter in details, you can explore it here.

An important aspect: for owning a franchise, you must stake a certain amount of MWAT, depending of the type of franchise desired.


5. What is RED platform

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This is the place where Producers will meet Consumers and also the traders could exchange their KWT tokens on MWAT. On two phrases - here you can:

  • stake your MWAT to receive KWT which can be sold to consumers or other traders
  • buy energy directly from Producers
  • sell energy directly to Consumers

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Here above you can see how this trading platform should work: you have some KWT (there are 1143 in the upper left corner) and you can trade it for MWAT or MWAT for KWT. Now, for 1 KWT you can receive 0.97 MWAT.

There is also a Mobile App. There are no fees for trading, but an 1 EUR monthly subscription to this platform.


6. What is V-LEC?

According to Restart Energy CEO, Armand Domuta, V-LEC is "a retail app that will allow any individual or company holding MWAT to create their own virtual energy company and start making money from their consumers and grow their own community."

RED V-LEC App :

RED is working on the technical requirements for the V-LEC Franchise App that will allow any person to make money by creating it’s own virtual energy company and selling energy by taking a RED Franchise with MWAT. The development stages and release dates will be announced in May or June together with a complete WP, roadmap and website update reflecting the current RED development strategy.

V-LEC Franchise App Scalability :

As the V-LEC Franchise App won’t require Restart Energy to be physically present to deliver electricity, the franchise app will be many times more scalable than the current application environment. RED is developing the app for global use and received over 500 franchise requests that will be amongst the first to test the V-LEC Franchise App when it’s released.


7. What is RED Loyalty System?

Through this mechanism, every MWAT owner who stake it on RED Platform will receive a certain amount of KWT tokens. The MWAT will be blocked for a 3 months period. Then, again, the tokens could be restaked.

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The amount received depends of the number of KWT gathered in RED Platform Pool (Energy Community Fund). If more producers are joining the platform and more energy is sold, the size of this ECF will increase and more KWT will be received for 1 MWAT.

In the example from above, you can see

- total MWAT staked until now on RED Platform (128,59 mil MWAT - that means more than 25% from total supply)

- MWAT staked by you (150 k MWAT)

- total KWT from ECF that have to be splitted between MWAT stakers

- how much KWT you have to receive until the stake period is complete (2261 KWT)

- how much KWT can you collect until now (434 KWT)


8. What are Restart Energy (MWAT) token Use Cases?

All fine by now, but what is MWAT good for?

There are 2 main usecases:

- having it for getting a franchise to trade energy on the RED Platform

- staking it for receiving KWT which can be sold on the same RED Platform

It is important to have an intrinsic use case, not like many coins: digital currency, with nothing backed. Receiving passive incomes for staking MWAT is one of the most important reason for why this token could be desired.


9. Can you stake Restart Energy (MWAT)?

Yes, you can and you receive KWT tokens for this. The amount received is depending of the KWT gathered in Energy Community Fund. For example, now, for 150 k MWAT you will receive after 3 months: 2800 KWT.

For staking, you need to have send your tokens from a wallet address to RED Platform.

If you start the staking on mondays, you will have 1% bonus.


10. Where to store Restart Energy (MWAT)

MWAT is an ERC20 token, so any wallet which accepts Ethereum is fine, but I recommend the ones where you can define the tokens or have a friendly graphic interface to easily see your portfolio:

  • MEW (My Ether Wallet),
  • Metamask,
  • Coinomi,
  • Enjin Walet.

11. Where to buy Restart Energy (MWAT)

I didn't talk about the main reason of this article: how can we make money with MWAT? And I am talking about 10x, not some few percentages.

First, let's see where we find MWAT and a little price history:

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MWAT is could be found on the following exchanges:

  • Kucoin - BTC, ETH
  • Sistemcoin - BTC, ETH
  • Lykke Exchange - BTC, ETH (quite new)
  • IDEX - ETH
  • Forkdelta - ETH

Total supply: 500 000 000 MWAT, and from that, 400 000 000 were sold at ICO for 0,0864 $

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The daily volumes nowadays are not high, about 1 BTC, but on high demand it could overcome 80 BTC, mostly on Kucoin and Sistemcoin

The price now is around 40 sats, with a range between 31 and 50 in the last weeks (I grab some at 35 sats, when BTC was lower, so my average is 0.0022$).

Having this info, as a summary, since 2019, the price has some important thresolds and I will mention them in $:

- 0.014$

- 0.007$

-0.003$

Of course, there where ups and even downs, but this is the big picture.

We are now at the lowest thresold.

This token is depending mostly on fundamentals: if the project is going in the good direction, everything will be super fine, not only ok.

That means that customers of Restart Energy are able to pay their energy bills with KWT tokens bought from RED Platform. When this will be enabled, than, the price of the KWT will grow until, let's say, maybe 80% from the value had on the conventional market.

You need to know that the price of energy has 2 components:

- the price of the energy itself

- the price of transporting it from seller to buyer

So, we can't avoid the trasportation price, but we can diminish the price of energy. Now, the prices without transport are between 0.03-0.05 USD, depending of the country and the demand.

When the process of paying with KWT tokens will be implemented, than the price of KWT will go to at least 0.024$. Remember now the KWT:MWAT parity: 1 KWT = 0.97 MWAT.

What will happen with MWAT price?

Another aspect: in september, when the RED Platform was launched (even if in only this poor incipient stage, with only staking MWAT and receiving KWT for this), the MWAT price increased until 0,026$. What is the price now?

Keep in mind that with 500$ in MWAT now you would receive at least 10 000 KWT/year (in this phase, with only two countries and few producers) that worth at least 240$. So, it is a 50% passive income. The price of MWAT will go more that 0.03$ in the first year and will grow when more producers will embrace this platform. The Germany and Spain are the next coutries on Restart Energy short list.

Conclusions:

I like this project, I pointed only few apects and here I want to summarize the pros and cons and after this to make the final conclusion:

PRO

-good project with solid usecase

-small supply - only 500 mil

-the mother company has already a working product (selling energy for householders and companies)

-more news has to come this year to announce the completing of some important steps (paying energy bills with KWT from RED Platform, entering on Spain and Germany markets)

-increasing passinve income

-an STO should took place for developing RED Projects

 

CONS

-delays of the project milestones

-lack of commucation with the people on Telegram channel

-still bugs in RED Platform

-the many activities where the staff on RED are involved makes them unprioritize this project

 

The final conclusion: good project, with gaps in involvement, but I think is going in the good direction. For me, it's worth to invest couple of hundreds of dollars and keep it for 5 years.

 


VNFC
VNFC

Pragmatic style. Love Science Fiction, Sports, Music and Dance, Travel and Movies. Hit me with AMA and I will try to make a good solution.


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