On February 12th, 2018, 2 PM (GMT), KuCoin.com officially allowed MWAT on its platform, thus giving MWAT token-holders and the public at large, their first opportunity to buy or sell MWAT tokens.

Restart Energy Democracy (RED) is proud to announce that within the first 24 hours, our MWAT token had the second highest Ethereum volume on KuCoin!

The above screenshot was taken precisely at 2 PM (GMT), 24 hours after MWAT was initially available on KuCoin.

This is a strong indicator that our efforts to spread the word about RED and our MWAT token are paying off and we hope to see this trend continue, on our journey to democratize the energy sector.

Volume is the second most important indicator of a token’s current strength and shows the quantity of tokens being traded during the selected timeframe — 24 hours in this instance. Essentially, volume represents the interest that that drives the market. If there is no volume, the market is likely to stagnate. Large volumes, in particular, indicate a strong interest towards a coin and past successful token launches have shown that such strong initial showings can very well herald a healthy long-term future for the token in question.

Restart Energy is confident that this initial strong showing is simply the precursor to greater things yet to come, especially within the context of our token’s main functions — to give access to the RED Platform and to secure our exclusive RED Franchise business offers.

The RED Platform is the world’s first P2P energy trading software platform, that will allow anyone to send and receive energy, to and from anywhere in the world. Based on proprietary virtual balancing systems, the RED Platform aims to bring democratic principles to the energy trading sector and will ensure that both energy producers and consumers get better prices, by cutting red tape and removing the middleman.

The RED Franchise represents a unique opportunity for MWAT token holders, allowing anyone to create and operate their own retail energy business — merging decentralized blockchain technology with free market principles. By owning and holding a certain amount of tokens, any number of franchise tiers can be claimed, up to and including country-exclusive franchises that even give sub-franchise rights to the holder.

About KuCoin

The founders of KuCoin started in-depth research on blockchain technology early 2011 and successfully built KuCoin’s technical architecture in 2013. With the reliable and extendable technical architecture in place, the KuCoin team stepped into the business confidently in 2017 — within the same year, Medium.com announced that KuCoin was “growing faster than a speeding bullet” and it has served the industry and its users with superior services and flexible operation strategies ever since.

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, and it’s 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 virtual storage and trade 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. They come pre-charged with 0.11 kWh and get monthly free energy from a special community energy fund that is charged with 1–5% of total grid power — this energy is transferred by producers and suppliers in a special community energy fund 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.

RED — Send and receive energy, worldwide.