1) I recommend taking a close look at our blog, where you will see that we've had a very busy year developing the infrastructure and distribution network that we need for deploying the RED Platform. Let me remind you of just a few important developments: Opening Restart Energy Subsidiaries and Applying for Electricity Retail Licenses in Singapore (supply license pending); UK (supply license pending); Germany (supply license pending); Spain (supply license pending); Serbia (fully operational branch); Bulgaria (supply license pending); Hungary (supply license pending); and each country has its own specific market and business plan; Type A Franchise in Spain; Type B Franchise in Spain; Type A Franchise in Italy; Type C Franchise in the US; Partnership with Solara Australia; Partnership with Cashback World (10 million consumers); Partnership with PATRES (Biggest energy producers organization in Romania); Tens of Meetings with potential Type A Franchises in USA, UK, Spain (Jorge Marcos), Germany, Italy, Slovakia (Mike B), Hungary, Bulgaria, Poland, Australia. There’s a reason why Restart Energy was the only crypto energy company presenting at the European Commission’s Citizen Energy Event!

2) The Platform Ecosystem is made up of several layers of innovation:

Prototype RED Wireless Meter

Hardware — RED Smart WiFi Meters (development finished this year to register measurements on the SWAZM Blockchain in real time — this is an extremely important piece of the puzzle)

Software — RED was completely developed so far on PHP/Vue with Ethereum as the public blockchain but with many many restrictions and only part of the info registered on the blockchain and of course nothing in real time; then we discovered the technological breakthrough represented by the SWAZM blockchain and that we can have a completely decentralized app with real-time transactions registered on a public blockchain that can be mined by each of our users with the RED smart meters mining module. This was a Eureka-level event as it was exactly what we were looking for in terms of blockchain: ultra-fast and scalable, 100% transparent; completely decentralized, very secure with hardware encrypted keys.

A Bridge Between Consumers and Producers — the platform itself needs to act as a tool for any supplier in the world that wants to offer its customers the opportunity to transact energy in real time directly with producers. It creates a human connection between the consumers and the producers like AirBnB did with accommodation.

Crypto Payment Gateway — the platform will become a payment gateway for energy consumers to pay their invoices with crypto (MWAT) without the supplier supporting the exchange risk; this makes the platform very attractive for other suppliers to use.

Automatic Balancing — by connecting and matching consumption with production in real time with RED Smart Meters, the platform is improving balancing efficiency for energy suppliers (a crucial business aspect).

Real-Time Energy Measurements Database — by offering their customer database access to the platform with RED Smart Meters, energy suppliers are also gaining access to unique insights into their customer’s consumption and production.

Demand Response Incentive Tool — the platform will contain tools for suppliers to offer incentives to their consumers to adjust consumption based on the market conditions. For example: if there is too much renewable energy (Germany) suppliers could offer incentives to their consumers to consume the extra energy with push notification on the RED App like giving consumers MWAT for turning on their heat pumps or electric car chargers at a certain time the next day.

Supplier Switch Tool — the platform contains a supplier switch tool making it very easy for consumers/producers to switch suppliers and at the same time represents a cheaper customer acquisition tool for suppliers (the average commission suppliers pay to brokers for new customers is 1–2 years worth of profit)

Consumer Education & Gamification — the platform contains consumer education and gamification tools aimed especially at the younger more modern social segment (that, unfortunately, doesn’t usually own property and the right to switch suppliers). An achievements system will be in place. Becoming a consumer will be an achievement with a Bonus in MWAT.

Prosumer Tools — the platform contains the entire logistics for new consumers to become prosumers by installing solar kits with financing from BRD (Societe Generale) and is especially aimed for the future 10+ million prosumers in Germany and possibly 30 million in the whole of Europe.