Quote from: SpiryGolden on June 13, 2018, 11:12:11 PM

Quote from: clixcoin on June 13, 2018, 07:07:37 PM

Quote from: Vyachel on June 13, 2018, 06:48:49 PM

Quote from: AresCrypto on June 12, 2018, 04:51:45 PM

Quote from: cf_mm on June 12, 2018, 02:03:32 PM

Whats the best place to find new MWAT news? Do you guys have a discord?

Checkout all the news on the RED Telegram: https://t.me/RestartEnergy

Unfortunately, the team has not been publishing good news lately. And this is the reason that the price of tokens continues to fall. I'm upset about this situation.

What is the reason why other tokens losing their value that is general bearish trend so don't get confused. That is timely matter it will pass very soon and than all promising projects will start rising again.

Is actually by the fact that is has asked a lot of money for a very small project that has low expectation while other bigger projects asked the same amount for bigger facts

also it has Romanian roots where bureaucracy & corruption are extremely high. Also, the project contains a politician as an advisor ... which is totally illegal. But fine...

Hey SpiryGolden
Thank you for sharing your opinion with us.
Just a few clarifications:
1. Except for the fact that 80% of the tokens were sold during the token sale. 12% of the tokens allocated to the company.
   Here is the plan for the use of funds:
   Restart Energy will contribute 20% of the token proceeds for consolidating the current business of supplying energy and gas to 27,000 households and 3,000 companies in Romania by integrating upstream integration
   through the acquisition of 10 MW operational solar and small hydro power plants. It will immediately start activity in other energy deregulated EU countries using the successful franchised-based, micro-entrepreneurial,
   job-creating, organic growth business model. 10% of the annual energy production of the newly purchased 10 MW renewable power plants (over 1 million kWh) will be transferred through the RED Loyalty System to
   registered MWAT holders, directly proportional to MWAT tokens held. 20% of the token proceeds will be utilized for the development of the RED platform and 60% of the funds will
   be used to expand the RED business model to more than 45 global markets.

   I wouldn't say that RED is a small project (RED aims to expand globally) or the team didn't mention why they need to raise that amount of funds.

2. RED is transparent and you can find all the details about the company on the web (including the company's revenues). I'm not sure how is your comment related to the fact the RED cherish their transparency.