What You Need to Know about the RED Platform Right Now

CO2 Offset and Sustainability

The RED platform is built to be the central point of encounter for users inside and outside the energy sector, especially in the green energy field. The focus of the members inside the platform may be different for each one of them, but the string that holds everything together is the interest and participation in the first CO2 tokenized offset system.

The sustainability system inside the RED platform is based on different types of users who, by coming together, participate in building a structure meant to reduce CO2 emissions in a completely new and transparent way.

What RED does through its platform is to allow any user to participate in CO2 offset, increase awareness regarding the planet’s need for decarbonization with new blockchain technologies, in a secure, untampered, transparent, and accessible way: a mobile application.

The mobile app allows users to calculate their CO2 footprint and offset it. Producers will register their green energy production and will receive Green Certificates of Origin.

Users will be able to create new franchise businesses in the field of energy. The platform also allows suppliers to find new clients, and any user will be able to join, trade, or earn Green Tokens based on their green energy consumption, or other actions that avoid greenhouse gas emissions.

The system that helps companies and individuals to reduce their carbon footprint begins with the participation on the platform of green energy producers.

Green Energy Producers

While focusing on developing more solar and wind parks, as well as other renewable energy sources is for sure one of the ways to reduce CO2 emissions, building them is not cheap, nor easy. Needed investments in this area are still high and the sector is not growing in all countries at its full potential.

Restart Energy, the company behind RED, is increasing its own renewable energy production capacity by 100 MW yearly and desires to reach 500 MW production by 2026. Being involved in this sector, RED understands the struggles, as well as the high points of renewable energy production and supply.

Sustainability is not just a trend anymore. It has become imperative to act according to this new reality that has shown us that new technologies need to be put in place and new operating systems to be built to succeed.

As sustainable energy comes from renewable sources, RED offers green energy producers the possibility to register their energy production on the platform and receive free Certificates of Origin in the form of NFT ERC-721 tokens called REO-G. These tokens can be sold to individuals and companies who desire to reduce their carbon footprint. Their value will depend on offer and demand.

Green energy producers will have the possibility to register their production for the prior 12 months.

Owning 1 REO-G means that 750 kg of CO2 or equivalent greenhouse gas emissions have been avoided to be sent into the atmosphere.

More detailed information about how producers can join and register on the platform, here.

RED Franchises

RED is offering a new type of opportunity for any user on the platform to open a new side business or a new source of income through green energy and sustainable offers:

Help individuals and businesses to become 100% sustainable.

RED Franchises have multiple and growing opportunities inside RED. They will be encouraged and supported to start their virtual green energy and sustainability business by bringing new customers to the platform and earning a percentage of their consumption, becoming validators, and earning from claim fees, certifications, and consultancy.

Business development, raising awareness on sustainable actions, CO2 offset for companies, and helping to develop other sustainable projects are incredible opportunities for new businesses to grow and prosper.

A user who desires to acquire a RED Country franchise must pay the cost of 100.000 MWAT. 50% of that amount is held by RED in payment for the franchise rights, and the franchisee receives in exchange an ERC-721 NFT token called V-LEC. This token will contain the franchise information and it can be sold like any other business. You can read more about franchise fees and opportunities here.

Franchises are the link point between consumers, suppliers, companies who desire to offset their CO2 emissions, and other sustainable projects that can be developed on the RED platform.

Suppliers on RED

If you are a supplier, green energy supply can become a more affordable option for your clients through the opportunity of acquiring it directly from producers in the RED platform. The elimination of intermediaries in the supply chain will bring tariffs at a fair level for producers, suppliers, and consumers.

Growing as a supplier means increasing the number of clients. How about earning new clients at a fraction of the fee you are already paying to your salesforce? Becoming a partner on RED means new clients and new opportunities as the platform expands and brings new users on board.

By joining RED, you will be able to access new clients brought by the franchise operators in all your supply area. Users will be able to choose their preferred supply offer and change suppliers.

All your clients will receive rewards in the form of Green Tokens called GTK, based on their green energy consumption. These tokens will be received for free, your clients being able to sell them on the RED exchange to individuals and companies who desire to reduce their carbon footprint. More information about the suppliers on the RED platform can be found here.

Users and Energy and Gas Consumers

Why would consumers choose RED? The answer is quite simple: because they will find better options, new possibilities, and unique systems that will make a difference in their lives. From calculating their carbon footprint, offsetting it, and fulfilling their sustainable and socially responsible actions.

The CO2 offset system on the platform allows consumers to actively participate in the process by earning GTK tokens based on their green energy consumption, electric car recharges, and other sustainable activities. These tokens can be sold on the RED platform to other users or companies who desire to reduce their carbon footprint.

Consumers will be able to switch suppliers through the offers provided by franchises, choose the best option for their needs. They will also receive GTK tokens based on their green energy consumption, calculated from their supplier’s power mix.

Buy energy directly from your favorite green energy producer? Yes, you will be able to do so from V2 of the platform. Your supplier will supply the energy to your physical location.

Find out more about consumers on the RED platform in our article.

The Tokens Used on the RED Platform

All functionalities on the RED platform will depend upon owning MWAT. The platform will also have its own exchange. All the tokens available in the RED exchange will be paired with MWAT and exchange fees will be zero. The possibility of acquiring MWAT with Fiat, BTC, or ETH will bring the token closer to the users.

REO-G are ERC-721 NFT tokens that will bring producers the possibility to sell their Certificates of Origin. When an individual or a company buys REO-G and requests a Certificate of Sustainability, the tokens are burnt in order to avoid double counting. Owning one REO-G means 750 kg of CO2 were avoided to be released into the atmosphere.

GTK, or Green Tokens, are ERC-20 tokens that can be earned or requested by any user, from all over the world. They are issued based on green energy consumption, electric car usage, and many other eco-friendly actions.

V-LEC tokens are ERC-721 NFT tokens that are minted for franchise owners. Each token contains the specific information of the franchise for which it was issued. They can be sold to another user just as any other business.

Find out more details about the tokens on the RED platform here.

Why Join the RED Platform?

The RED platform is an easy-to-access, comprehensive and strong system for reducing CO2 emissions and giving users the possibility to open their own business. Why do you need to become a partner?

• Be a hero, take part in the mission to reach climate neutrality: help increase awareness regarding CO2 emissions and give valid solutions for every client who desires to offset their carbon footprint.
• Stay on top of your game with top solutions: modern, top-technology solutions through blockchain.
• Influence, make your voice heard: you will create new opportunities for your contacts, friends, and clients and contribute to reducing greenhouse gas emissions at the same time.
• Offer complete solutions, clear and to the point: closed, visible, transparent, and untampered synergic system that shows you clear numbers and solutions that you will be able to follow from beginning to end.
• Fast delivery of solutions: secure system with low fees and access to multiple extra options that will bring value to your clients. From reducing CO2 to consuming more green energy in a few steps.

Everyone will have access to new solutions and opportunities to live a more sustainable life and contribute to CO2 offset.

Become a partner. Raise awareness. Offer solutions.

Begin by opening an account on the RED Platform.

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