Restart Energy – RED MWAT ICO Romania’s Private Energy Provider?
When you are looking for good investments, you have to be aware of the latest ICOs. Initial Coin Offerings are the best way to invest using cryptocurrency and receive a good return on investment. To help you in getting the best deals, we review ICOs on our blog.
Today, we are going to review a company called Restart Energy.
What is Restart Energy?
Restart Energy, also known as RED (Restart Energy Democracy) is a Romanian energy company. The company is the number one energy provider in the country and it is aiming to grow globally now.
This is not a start-up, but a company that provides energy to a whole country and that received 20 million dollars during 2017 so far and has already provided their services for more than three thousand companies in Romania.
Now, Restart Energy is beginning an expansion of their project to use cryptocurrency to pay for energy. A process that will create an ecosystem in which people will be able to pay for the energy they use (and only that) using cryptocurrency.
How Does Restart Energy Work?
Basically, you buy energy using tokens. People will generate energy for the company and then they will receive tokens in exchange. Using their tokens, users can receive energy.
Why use this service? Because it can be cheaper than using normal sources of energy depending on where you live and because you will be able to use a currency that would be, if the plans of the company actually go as they plan, stable.
To use this service, you will have to download the Restart Energy platform.
How to Invest in Restart Energy?
To invest in this company, you have to buy their MWAT tokens. You can do that during the following ICO or after the ICO, but then you will probably pay more for the tokens, as there’s a discount if you buy them soon.
The ICO will start on December 15 and it will last about a month, so be prepared if you are interested to invest in this company. There is not a fixed price for their tokens but will pay less if you buy them soon, as their price will increase with time.
The Restart Energy Verdict
Should you invest in this company? Let’s summarise the good and bad points about this company. This is a company in which you buy their tokens to use their services, not receive profits, so this could only be a good investment if the company actually grows and their tokens rise and value later.
Another good use is if you are interested in using their platform to use the tokens to pay for energy. You will probably be paying cheaper for energy if you buy a lot of tokens soon.
Finally, the company is well established and there is no risk of scam, so you are probably safe investing in Restart Energy.
Only you can say if you should invest in this company, but there are definitive positive points in doing so. If you believe in Restart Energy, don’t wait to invest and buy their tokens for the best price.