With just a few hours left in 2018, there’s a lot to cover in our first yearly retrospective, but we can sum it all up in a few words: it was a wild ride!

The year was eventful — filled with accomplishments and joyous moments for Restart Energy. It has been the best year we have experienced so far! And we don’t plan on slowing down!

So then, let’s take some time and go through the key happenings of 2018 for RED, and present you with an in-depth overview of our company’s performance and achievements for this year. Please do note that this is not meant to be an exhaustive list.

Welcome, dear readers, to the first RED year-in-review!

It all started with a TGE…

Restart Energy has always pushed itself to grown quickly and with each year the pace has hastened. Year on year growth rates of 400% in 2016, 425% in 2017, and now an estimated 200% in 2018 show a remarkable rise from yearly revenues of 1.176 million USD in 2015 to approximately 50 million today — numbers we attribute in large part to our unique franchising system and dedication to disruptive innovation.

In just a few short years, Restart Energy has managed 43x growth from its start until today!

However, RED’s journey truly began one year ago, near the end of 2017, where we were getting ready for our upcoming token generation event — the moment when the entire world was to meet our Restart Energy Democracy project in earnest!

It started with a blast — the private sale was a resounding and morale-boosting success, gathering over 7 million USD before we decided to move on to the pre-sale — around 24% of the cap required to fund the RED project was already achieved!

Afterwards, the pre-sale exceeded even our wildest expectations and predictions, as we managed to secure more than 64% of our 30 million USD cap in a week; driving our decision to freeze the pre-sale at 87.5% and move on to the main sale far earlier than expected, so that smaller contributors would also have a fair shot at acquiring MWAT.

The main sale was not only a success — it was an overwhelming display of belief in our cause! The demand for MWAT was so strong that our website’s server infrastructure could simply not keep up, as the weight of some 5,000 simultaneous connections temporarily froze the servers, leading to a main sale that lasted 2 minutes instead of the ~11 seconds it took for all remaining 47 million MWAT to be sold.

The entire TGE experience, culminating with its spectacular conclusion, imbued our team with a sense of purpose and duty — to develop something that would make a difference in people’s lives. We have come a long way since then, but we have not forgotten.