Current energy providers are inefficient and don't reach all of the needs of the market individual consumers from manufacturers down to individual households aren't getting the best deal possible and energy companies are losing money by not meeting the needs of everyone in the market that's where 'but what comes in the goal of bitwatt is to bring energy cooperation to the blockchain.
Bitwatt platform aims to make first ever international platform for the benefit of the consumer by facilitating and integrating cooperation between the market operators. The platform will convert the way of operating electricity system by developing a flexible and smart system which balanced energy resources and consumer needs and financial ecosystem.
The platform Bitwatt will facilitate a smart platform for smart consumers of a sustainable energy system with a low cost for all. The platform will build a flexible and intelligent system which change the way of managing electricity system and it will help the consumer to overcome and provide balanced financial ecosystem. The platform is easily accessible to anyone and it facilitates the industry standard applications to running new technology.
Bitwatt proposes using blockchain technology along side a developed exchange and trading system for energy the result is a decentralized service where the energy supply is used in the most efficient manner possible bitwatt platform is a matchmaking ecosystem which connects producers
Energy suppliers and smart consumers in order to transact energy in a structured way the global energy landscape is changing the afore normal traditional centres of demand are being overtaken by fast-growing emerging markets.
There is a remarkable shift from the traditional source of energy to a newer energy sector where hydro power and other renewable energy sources providing a significantly higher share for market consumption.
In fact it is forecasted that by 2040 the world's net electricity production will have grown by 45% which equals a total 34 trillion with renewables being the fastest growing energy source at the rate of 2.3 percent per year.
Some of the challenge is still faced in the distribution of energy to end-users are the complexities of service balancing mechanism in accessibility to certain segments of producers or suppliers within workable time span unreliability consumers lack the option of choosing their preferred vendors as a matter.
Of fact consumers in the United Kingdom wait as long as 15 days before they are able to change their energy suppliers Austria takes 30 days while Germany takes between two to six weeks this and so much more which is why the bit wat team has created and deployed a completely new simple and transparent platform designed to deliver real value to every consumer the platform is also designed to provide consumers with a decentralized marketplace that functions on full disclosure of information facilitated by the blockchain.
With a mission to be the first international platform to integrate and facilitate cooperation between all market operatives the bit what platform is set to achieve these goals to exceed their consumers needs in a balanced and financially efficient ecosystem that learns and evolves to develop a new marketplace for electricity balancing and trading which is blockchain enabled to expand globally already London Bucharest and Singapore are under development a platform accessible to everyone a designed market framework that empowers users.
Producers suppliers or traders to apply balancing processes that requires no intervention from the system operator bit wat to deliver this completely new and highly cost effective energy ecosystem fully by 2022 benefits cost reduction section speed increase scalability disintermediation.
Making business model possible that do not require intermediate parties frankly bit what platform is one of the greatest project i have ever come across its consumers will have the benefit of knowing through their smart devices when their energy consumption is high and adjusted accordingly thereby lowering their energy bills this platform will use in the ERC20 token with the ticker symbol bwt for all operations within the ecosystem the tokens supply will only be four hundred million this is bound to make this token very scarce once the platform is fully operational thereby increasing its value investors will be wise to not only take a good look into this project but to also invest heavily into it because the returns will be astronomical in fact the sales forecast for this project by 2022 is a total number of fifteen point eight million users with a turnover of 690 million USD and 13 percent profit in the token sale the price of one BWT token is fixed at 12 cents the split of caps bonuses and available tokens in the various token sale is illustrated in this table below the minimal private sale contributions is the equivalent of ten thousand dollars.
ICO INFORMATION
• Sale Goal(Hard Cap) --- $36,000,000.00 (US)
• Minimum funding goal(Soft cap) --- $30,000,000.00
• BWT Token Price --- $0.12(average equivalent of 1 kWh)
• Accepting currencies --- BTC, ETH and COSS.
• Minimum private sale contribution --- equivalent of $10,000.00
• Initial supply --- 400 million tokens
Token distribution
• Tokens are sold during the ICO---300,000,000
• Tokens are reserved for the team---40,000,000
• Tokens are reserved for advisors---20,000,000
• Tokens are reserved for country advisors---20,000,000
• Tokens are reserved as bounty---8,000,000
• Tokens are reserved for country-level marketing---12,000,000
For More Information Please Visit:
Whitepaper: https://www.bittwatt.com/static/files/Bittwatt-Whitepaper.pdfBussines Plan : https://www.bittwatt.com/static/files/Bittwatt-Business-Plan.pdf
Facebook: https://web.facebook.com/energyforthe21century/
Twitter: https://twitter.com/BittwattPteLtd
Linkedin: https://www.linkedin.com/company/bittwatt-pte-ltd/
Telegram: https://t.me/bittwatt
My Reff Link: bountyhive.io/r/cutieepoo
Bounty: https://bountyhive.io/browse/Bittwatt