RED (Restart Energy Democracy) is a blockhain powered platform backed by Restart Energy Restart Energy is developing the world’s first peer-to-peer decentralized energy transfer platform based on its proprietary virtual balancing system. RED ecosystem comprises of the RED-Platform, RED-Franchise and RED-MWAT Tokens. RED-MWAT are crypto tokens that enable storage of electricity and facilitate the development of clean affordable energy.
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 RED Franchise is the first power retail franchise that make it simple and easy to start and operate your own power utility company.