BITTWATT ENERGY FOR THE 21ST CENTURY - ICO DETAIL

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Thursday 15 March 2018

BITTWATT ENERGY FOR THE 21ST CENTURY



WHAT IS BITTWATT?

Bittwatt is a matchmaking platform that connects all market players (from DSOs to consumers) and provides a standardized blockchain protocol for sharing relevant business information, all the while creating a decentralized service for energy supply, billing and balancing.

The Bittwatt Platform is built to make do without useless bureaucracy by syncing consumption metrics and other relevant information within the blockchain. Bittwatt streamlines current-day operations by removing operational costs and transfer fees, all this within an automated workflow that also optimizes energy transfers on an hourly basis: it transforms normal consumers into smart consumers.

On top of that, Bittwatt is built with sustainability in mind: as yield on energy is increased through the Bittwatt blockchain for all participants, energy waste and misuse are stamped out.

OUR VISION

We envision a world of smart-consumers in a sustainable energy system with minimal costs for all parties.

OUR MISSION

Our mission is to be the first international platform to integrate and facilitate cooperation between all market operators for the benefit of the consumer.

THE BITTWATT PLATFORM

We are now changing the way we operate electricity systems by building a smart, flexible system that makes the most of all energy sources and enables us to exceed our customers’ needs in a balanced and financially efficient ecosystem that learns and evolves.

For this purpose, we have started developing a new marketplace for electricity balancing and trading – which is blockchain enabled - that incentivizes producers and opens up competition on a level playground.




The Bittwatt ecosystem is in effect a matchmaking platform which connects producers, energy suppliers and smart consumers (as well as prosumers6) in order to transact energy in a structured way. It is a flexible system that makes the best of all available resources and is able to meet customer needs much more efficiently. To this end, we have integrated metering services that allow both new and existing supplier to communicate quickly and trade energy in a timely fashion within a secure framework.

TOKEN

The Bittwatt Coin Sale Goal is the equivalent of $36,000,000.00 (US). The minimum funding goal is the equivalent of $30,000,000.00 (soft cap). The price of one BWT in the token sale is $0.12 (average equivalent of 1 kWh). The split of caps, bonuses and available tokens in the various stages is illustrated in the table below:





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AUTHOR

BITCOINTALK USERNAME : putradaerah 

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