RabatMentor became our newest franchise partner in Romania recently, as they acquired the rights to one of our Type B country franchises.

RabatMentor advises companies and individuals on how to save on costs regarding energy bills — both electric and natural gas, reduce fuel costs, taxes and contributions for businesses, helps consumers become prosumers with the aid of solar panels. They are an ambitious company that originates from Hungary and have been on the Romanian market since 2017. Having accrued 250 employees already, RabatMentor has shown impressive expansion potential in a relatively short amount of time — a valued skill in a country-wide franchise partner.

A short while ago, we met with RabatMentor and their employees for the third training session on the finer points of Restart Energy’s business model, marketing, branding and salesmanship.

RabatMentor’s transition into a Type B franchise is expected to proceed effortlessly, courtesy of our extensive experience overseeing 300+ franchise business partners within Romania. We look forward to working with our new strategic partner and are confident that this will be the beginning of a productive and lasting partnership.

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.