Restart Energy will be meeting with NEO blockchain’s Founder and CEO, Da Hongfei and his associates, Fabio C Canasin (Nex Co-Founder) and Li Jun (Onchain co-founder, Ontology founder), on May 2nd at the European Parliament in Brussels for the Conference Blockchain Smart Economy — hosted by our advisor and MEP Cătălin Ivan — as part of the Smart Economy Expo 2018.

NEO is a non-profit community project that employs blockchain technology along with digital identity in order to automate assets using smart contracts, thus devising a self-styled smart economy with a distributed network. NEO has designed a formula that thoroughly encompasses their vision: Digital Assets + Digital Identity + Smart Contracts = Smart Economy. Given that NEO is all about a Smart Economy, it’s only natural that their CEO is one of the main speakers at this conference.

NEO, originally named Antshares, was developed by OnChain, an R&D company from Shanghai that was also founded by mister Da Hongfei, along with CTO Erik Zhang in 2014. The R&D company then went on to develop the NEO project, the first blockchain platform in China, after it was funded by two crowdsales that took place in 2015. The crowdsales managed to raise an astonishing sum of 554.5 million USD after selling 40 million NEO tokens.

The event will be hosted by Cătălin Ivan, a member of the European Parliament and one of our distinguished advisors. Cătălin has a long-standing interest in blockchain and has been MEP for the past 9 years, with 15 years of political experience — there would be few better to host the event.

Given Da Hongfei’s prior experience in advising the Chinese government on matters relating to creating a healthy blockchain environment and our own interest in the region, we are very much looking forward to meeting NEO’s executives next month.

About Restart Energy

Restart Energy Democracy (RED) is a blockchain-powered platform, backed by Restart Energy — a European energy provider with 20 million USD in revenues. The company was built with a vision to democratize the energy sector and quash the dominance of legacy monopolies in the energy world. The company’s credentials include a customer base of 27,000 household and 3,000 corporate clients, expanding at more than 2,000 clients per month (5,000 new customers in the first two months of 2018), and its impressive growth: 1700% from 2015 until today.

Restart Energy is developing the world’s first peer-to-peer, fully decentralized energy transfer platform allowing users to send and receive energy worldwide, based on its proprietary virtual balancing system, that uses A.I., Big Data, and IoT technologies. The RED ecosystem is comprised of the RED-Platform, RED-Franchise and RED-MWAT Tokens.

The RED-Franchise is the first power retail franchise to simplify and allow any company or entrepreneur to operate their own power utility enterprise, enabling them to start selling energy in more than 35 deregulated energy markets globally.

MWAT tokens are crypto-tokens that enable the buying and selling of up to 1 MWh of electricity per month on the RED-Platform Software and will facilitate the development of affordable clean energy, through free-market practices. Upon completion of registration on the platform, an initial loyalty bonus of 0.11 kWh is applied. Producers send out monthly loyalty bonuses through the RED Loyalty System, totaling 1–5% of traded on-grid energy in exchange for access to the RED Platform.

Importantly, it should be noted that potential franchise partners will need to own (this is not a form of payment to us) a certain number of MWAT tokens, in order to qualify for our various franchise tiers — the secret to our award-winning growth as a business!

For more information, please visit our website, our Telegram, and read the Restart Energy whitepaper. Join our announcement channel for updates regarding Restart Energy Democracy.