Quote from: nefIndustries on November 12, 2018, 03:07:18 AM

Quote from: RysEmanuel on November 12, 2018, 01:25:03 AM

Quote from: nefIndustries on November 12, 2018, 12:28:30 AM

I'm just now discovering this project. Do new power lines have to be run or can this system run on current infrastructure?

Well there are alternate possibilities in the future depending on which model you look at. The two models have a better explanation on Restart Energy's Website than I could give, but basically Restart Energy has two choices:
1. To build its own infrastructure from the companys funds and supply power with the assistance of Type B franchise (Reseller / Broker).
2. To contact a local type A Franchise, in this case Restart Energy would work together with the Master-Franchisee to help set-up his own power retail company, and the Master-Franchisee would be the one to enter into a new market and establish his business. The Master-Franchisee would take on all risk and expenses to create a market, and Restart Energy would provide technical, infrastructural, process automation, marketing and sales support. The Master-Franchisee would need to provide the financial and management capacity for setting up a power retail company.
For a Type A franchise there are several criteria to be met besides owning a minimum amount of tokens, such as a minimum capital and marketing budget that we will discuss case by case depending on the country and market size.

Thank you for showing me where to get this info. From my understanding, buying enough tokens to become a franchise is basically like buying a partnership with a company. I am on the fence about the whole idea. Like, what if the new franchise owner is a shitty business-owner. How long does the franchise opportunity last if MWAT doesn't like the owner? Are they allowed to cancel the deal, or maybe buy back the tokens?

I am curious about the thought process behind having only one master franchise per country. You would think in a decentralized ecosystem you wouldn't care about country borders. A little backwards thinking IMO but then again, crypto is so new, it has to take from old ideas and work with what is going on now. I really like the idea of this token but man... Energy companies here in the U.S. already have monopolies in certain areas and they start bringing in lawyers if somebody dares to enter their territory. I hope the MWAT idea can work in other places. Just wish they didn't care about 1 master franchise per country.

For all franchising questions please email the team directly sales@restartenergy.io.