Token Generation Events — The Money Maker

The market capitalization of all cryptocurrencies has risen from 7 billion USD in January 2016 to a staggering 130 billion USD as of September. Furthermore, Bitcoin has appreciated by nearly 30 times since September 2013 (from 135 USD to 7,000 USD as of November) and Ethereum has increased by a staggering 100 times since August 2015 (from 2.83 USD to over 300 USD), as Ethereum becomes the de-facto building block for TGEs. Numbers clearly suggest that early buyers of cryptocurrency have made unimaginable fortunes.

Interested parties seem to be listening and voting with their money with TGEs surpassing VCs as the first port of call for startups. The trajectory of TGE fundraising is symbolic that the tide has well and truly turned: The total fundraising via TGEs in April was 103 MM USD. May 232 MM USD. June hit 462 MM USD. July 574 MM USD and September saw a mammoth over 800 MM USD raise.

Restart Energy, a 20 million dollar energy business in Europe is coming out with a token sale. Contributors can take comfort from the real world credentials of the company and the management team.

https://www.forbes.com/sites/chancebarnett/2017/09/23/inside-the-meteoric-rise-of-icos/#6894ec205670

Restart Energy — An energy provider

Restart Energy is an independent energy supplier in Europe, aiming to create a transparent energy ecosystem that empowers free and direct energy transfer. In 2016, the company achieved a sales growth of 400% as compared to 2015 and also earned a revenue of 5.45 MM USD. The company will generate revenues of 20 MM USD in 2017. In the last two years, Restart Energy has been able to build a customer base of 30,000 retail and corporate customers.

Restart Energy — TGE

Restart Energy wants to become the new benchmark for energy by democratizing power trading between buyers and suppliers. Its Restart Energy Democracy (RED)Platform is the software facilitating all transactions. In order to have access to this platform, one needs to hold RED MegaWatt Tokens (MWAT). One can procure these tokens through the TGE, to be held in January 2018.

Structure of TGE

The company has designed the following structure for launching its TGE next year.

• Token Price — The company will create roughly 500 Million MWAT. One MWAT is worth 0.1 USD (10 US cents).

• Discounts — During the pre-sale period, that starts from 15th January to 12th February, 2018, MWAT tokens will be sold after applying the following discount: 20%, 10,000 USD minimum contribution.

During the TGE(14th February — 14th March 2018), the following discounts will apply:

During Day 1 of the TGE sale period, the discount will be 15%. Each day the discount will go down by 1% down to a minimum of 0%.

In the last 15 days of the TGE, there will be no more discount.

• Currencies accepted for purchasing MWAT — the company will accept ETH and BTC for purchases of MWAT. ETH payments will be accepted via a smart contract while BTC payments will be accepted via an escrow account.

• Token Distribution — The company will be selling 80% of the coins created in the Token Generation Event (TGE), whereas 30% will be kept in a reserve fund and the last 20% will be kept for the team, advisers and bounty program in a lockup structure for team incentivization.

• Use of Funds — Almost 20% of the funds procured from the sale of tokens will be employed for acquiring 10 MW operational solar and small hydro power plants. This will help it consolidate the existing business of supplying energy and gas to its 30,000 customers. 20% of the token proceeds will be utilized for the development of the RED platform and lastly, 60% of the funds will be used to expand the RED business model by franchising to more than 45 global markets. This must be one of the only TGEs that are investing funds into a real world asset. This a major positive sign for prospective interested parties.

Why Blockchain?

The company could have easily tapped VC and PE investors to fund its expansion. With 20 million USD in revenues, it would have been an easy sale. But the founder, Armand Doru Domuta, believes in the transformative power of blockchain & smart contracts, and what it can do for the real world suffering high prices under energy monopolies.

The company uses blockchain technology as the basis for the energy supply platform, in order to apply the technology’s intrinsic nature of transparency, decentralization, and security. By creating a token, the company is rewarding its supporters and users who transact via the platform.

Red MegaWatt Tokens

Red MegaWatt Tokens (MWAT) are the first crypto tokens backed by real energy and business opportunities. These tokens 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. The energy producers and suppliers associated with the company will donate an amount between 1% and 5% of energy traded on the RED Platform in a special loyalty system, in exchange for access to the RED-Platform. This energy will be proportionately distributed on a monthly basis to the token holders. The more the energy producers and suppliers use RED-P, the more energy will be donated and thus more energy is distributed among MWAT holders. The token holders can also have their own power retail business and sell energy to retail customers. They are given free access to a RED Franchise where they can generate revenue from selling energy.

Conclusion

The unprecedented rise in the number of TGEs has left interested parties perplexed and confused regarding their choices. On one hand, they are fascinated by the attractive returns an TGE offers and on the other hand they are worried about the possibility of being stuck in a no-good company. But Restart Energy comes with a proven business track record, a professional management team and a stalwart board of advisors. Restart TGE is an easy choice for your portfolio.