RED MWAT Token is an ERC20 digital cryptographic utility token issued by Restart Energy Democracy, using blockchain technology that gives access to the services provided on the RED Platform Software and the RED Franchise. This will be achieved thanks to the new service offered by Restart Energy Democracy worldwide, RED platform. The RED MegaWatt (MWAT) Tokens are ERC20 utility tokens that give access to the RED Platform Software and to the RED Franchise. The RED Platform is a blockchain based decentralized energy trading platform that makes it possible for energy consumers and producers to Send and Receive Energy Worldwide. The tokenized energy traded on the RED Platform can be physically delivered at local rates in countries with deregulated energy markets where Restart Energy will be present directly or through franchise. The RED Franchise is the first power retail franchise that makes it simple and easy to start and operate your own power utility company. The RED MegaWatt Tokens are the first tokens backed by real opportunity. Each RED MegaWatt Token gives access to trade up to 1 MWh of energy per month on the RED Platform Software. Restart Energy will allocate an initial charge of 0.11 KW Tokens per RED MegaWatt Token. The RED MegaWatt Token is similar to a “virtual energy battery”.
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