The Bittwatt Platfrom is now change the way to operate electricity systems by building a smart, flexible system that makes the most of all energy sources and enables to exceed their customers’needs in a balanced and financially efficient ecosystem that learns and evolves.The Goal is to achieve by creating a blockchain enabled energy trading market and to be transparent and delivers more value to all users.
- “Bitwatt mission is to be the first international platform to integrate and facilitate cooperation between all market operators for the benefit of the consumer.”
Bitwatt 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 Aim is to deliver this completely new and highly cost-effective energy ecosystem fully by 2022.
The Bitwatt platform is accessible to everyone, in the industry regardless of size running new technologies along side industry standard applications,this market framework is designed to empower users to apply a balance process and requires little intervention from Bittwatt System Operator.
The Bittwatt ecosystem is in effect a matchmaking platform which connects producers,energy suppliers and smart consumers in order to transact energy in a structured way.The system is flexible to makes the best of all available resources and is able to meet customer needs much more efficiently and the business model starts with active power suppliers for each participating country where Bittwatt is operational and being registered within the Bittwatt platform and consumers must register on the platform based on KYC criteria.
Bittwatt is able to implement all the features and rules of its protocol directly by using Ethereum smart contracts.On top of Ethereum, the services are built using Geth a multipurpose command line tool that runs a full Ethereum node implemented in Go.
Bitwatt develop an ERC20 token with eighteen digits after the decimal point and the ticker symbol BWT. This will become the foundation for all operation within the ecosystem with total supply of 400,000,000 BWT Token.
BWT token represents a transferable token equivalent to 1 kWh is used for paying for electricity in the Bittwatt platform as long as the energy supplier is a Bittwatt partner.
- Payment for the products and services offered by Bittwatt.
- Settlement between produced and consumed energy for prosumers.Foundation for the development of tokens used within certain geographies.
- If some of the countries using the platform need a currency for their internal trading flow,
BWT new tokens will be build.
- Sale Goal : $36,000,000.00 (US)
- Minimum funding goal: $30,000,000.00(soft cap)
- BWT Token Price : $0.12(average equivalent of 1 kWh)
- Accepting currencies: BTC, ETH and COSS.
- Minimum private sale contribution is the equivalent of $10,000.00.
- Initial supply is 400 million tokens
- 300,000,000 tokens are sold during the ICO7
- 40,000,000 tokens are reserved for the team
- 20,000,000 tokens are reserved for advisors
- 20,000,000 tokens are reserved for country advisors
- 8,000,000 tokens are reserved as bounty
- 12,000,000 tokens are reserved for country-level marketing
The funds raised during the contribution period will be used solely for the development and further product design and marketing of Bittwatt as detailed in the following:
- 55% (approximately $13,750,000.00) of funds will be used for expansion and marketing purposes
- 30% (approximately $7,500,000.00) of funds will be used for software development
- 15% (approximately $3,750,000.00) of raised funds will be used for integration with already existing, traditional platforms
For more information about Bitwatt initial Coin Offering you can find it here at their WHITEPAPER here https://www.bittwatt.com/static/files/Bittwatt-Whitepaper.pdf .
The system also empowers all participants in creating sustainable and environment-friendly energy practices,that don’t compromise on modern-day human comfort.Bittwatt uses artificial intelligence in order to learn and adapt to what the grid is telling it.It enables a demand-response system that streamlines supply for all parties, from power plants to smart consumers.
Please watch the full vedio to understand the Bitwatt Ecosystem.
Cristian Hagmann General manager & Co-founder,
- Christian Hagmann has more than 20 years of experience in the energy sector. Acting as a entrepreneur and delivering special IT solution for power management, Christian’s first main project was developing the fault and network solution for Viena’s power operator. Starting with 2012 he expanded his company in East Europe by providing services for smart network implementations and network automation research. His strategy is to always move forward, continue to develop and adopt futuristic ideas. Starting with 2016 his focus switched on the blockchain technology and its applicability in the energy ecosystem. In 2017 he started his work as advisor for the Coss ICO and also started developing Bittwatt as one of his greatest masterpiece.
Daniela Cristina Stoicescu CEO & Co- founder
- Daniela is the General Manager of a power supply company, with great focus on domestic and business consumers. She’s in charge of the company politics for expanding the portofolio and new markets while keeping focus on adopting new industry developments. With her IT background she managed to carry several development projects for the national power distribution and transportation networks, including implementation of concepts such as Outage Management System, Virtual Power Plants and Smart Grids.
Tudor Stomff ICO Manager
- Organized over 20 Bounties to date, to name a few: STOX, COSS, Worldcore, Sureremit, and Pundi X — the largest Bounty by number of participants. Collectively, the ICO’s with which he worked have raised over $300M and the bounties gathered close to 100,000 participants. Tudor is also a Developer and currently runs Bountyhive.io — a platform which connects Bounty Hunters and ICOs. https://bountyhive.io/browse/Bittwatt
Alexandru Ioana Content Manager / Creative
- Alex is a marketing consultant with focus and experience in the B2B IT market in Europe and North America. He has worked for several industry-leading companies pioneering artificial intelligence and machine learning — and has a multifaceted background in fields such as marketing strategy, product marketing, branding, and advertising.
Cristina Maria Banu Marketing Specialis :
- Maria Cristina is a business consultant with over 10 years experience in marketing and brand management. She has worked for global corporations in the FMCG and IT&C industries and runs her own consultancy company where she works with interdisciplinary SMEs to create, implement and scale winning strategies for her clients. Added to this, she is also a business coach with over 500 hours of training in marketing, advertising and PR, business strategy, and coaching — and supports executives and entrepreneurs in finding their way to success.
Adrian Asevoaia Project Manager
- Adrian is an entreprenorial manager, with over 10 years’ experience of active leadership in fields such as financial markets, corporate lending, and portfolio risk management. He is a brisk adopter of new technologies within proven business models, and along with his demonstrated history as a Bank Branch Manager and Chief Financial Officer, Adrian has ample experience in the rationale, network, and business of energy trading.
Marius Posa Business Developer for East Europe
- Marius, over 18 years of experience in entrepreneurship, has made it possible to apply his knowledge of technical and legal training. He has managed to create solid business and implement innovative technical solutions, “the relationship of ideas with technical and moral support” is in his opinion the key to success. He promoted and supported the research and application of new information and energy technologies within a related logical system. During his work he managed to create a link between the future and the present.
Iulian Bobes Research and Development Officer
- Iulian is a senior software developer with 9+ years experience of web development and application development projects. He has been involved in many stages of application development in various fields (eg. medical, energy, financial), from designing databases to frontend and backend development. He is always looking for new technologies, and is eager to apply them to the projects he is involved in.
Dan Cearnău Advisor
- Dan is an experienced tech entrepreneur, cryptocurrency enthusiast and a blockchain developer implementing smart-contracts applications on Ethereum for numerous ventures raising capital through Initial Coin Offerings (ICOs). Since 2011, Dan is the founding CEO of Under Development Office, a boutique mobile, and blockchain development company. Starting from defining the concept and functionalities, writing the white paper and/or business plan, defining the full IT architecture and working towards a Minimum Viable Product (MVP), Dan and his team have the capabilities to be a trusted partner while bridging the gap between a great idea and real-life applications.
Ioana Frîncu Advisor
- Ioana has found the perfect balance in life by combining her vocation of creating comprehensive software with her avocation of addressing the world’s humanitarian needs. She loves taking up challenges while developing and growing innovative projects into real-life products.Previously, she was a consultant at IBM within the Business Analytics and Optimization division and an Analytics and Machine Learning Engineer within the Parametric Technology Corporation (PTC).Ioana has dual degrees in Computer Science and Information Engineering and in Secondary Education Teaching from the Polytechnic University of Bucharest.
Andrei Popescu Co-Founder of COSS.IO and Seasoned Blockchain Tech Start-Ups Investor/Advisor
- Andrei helped in building great companies in Singapore, Austria, Italy and Romania with extraordinary people, while seeking continuous intellectual stimulation through a broad set of experiences in dynamic, challenging, and high-intensity environments. He has been engaged on helping organizations that evolve in challenging markets to break down the barriers that prevent them from reaching their potential, which operate in Scandinavia, Eastern Europe, China and Asia-Pacific.Andrei is an active participant in the sphere of the crypto assets class and the Blockchain/DLT community in Southeast Asia, Europe and the USA, who attends meetups regularly, speaks at the conferences and advises on Blockchain/FinTech Projects.As an alternative asset class management, Andrei is bridging cryptos, with traditional world’s best corporate and institutional investors, where crypto assets are still in an early, immature, evolving stage of their existence.
Rune Evensen Rune is the project’s champion directing and supporting the team.
- He is a business and start-ups consultant, entrepreneur and public speaker, who founded and co-founded multiple Internet companies throughout his career, which includes a 18-year experience in the top field leadership in collaboration with the multinational teams. Rune’s expertise lies in the field of the New Marketing Strategies, sales and marketing. Rune professionally assists businesses in developing business plans, in applying market strategies, incorporation and licensing.
Cristopher Bridges Legal Advisor
- Mr. Christopher Bridges graduated from the University of London in 1988 and was called to the Bar of England and Wales by the Honourable Society of the Inner Temple in 1989 after sitting for the Bar Finals where he won a Book Prize for Best Overseas Student in General Paper 1. He was admitted as an Advocate and Solicitor to The Supreme Court, Republic of Singapore on 6th June 1990. He is a Notary Public and a Commissioner for Oaths. Mr. Bridges has over 27 years’ experience as a litigator and practices General Litigation. His field of practice as a General Litigator is wide and varied. He is accredited on the List of Leading Counsel maintained by the High Court of Singapore which appoints on behalf of the State, senior criminal practitioners who are assisted by an assistant Counsel from a similar List of Assisting Counsel to represent a Defendant facing the Death Penalty and whose fees are paid for by the High Court.
Ionut Scripcariu Co-Founder at CardBlue — first independent prepaid card issued in Romania | President of Romanian Fintech, Blockchain and Cryptocurrency Association | Blockchain Investor | Advisor at COSS.IO ,
- 19 years experience in payment gateways : Sales Manager at PayNet (now part of Euronet Worldwide) involved in issuing programs — more than 1 million issued cards, management of ATMs and POSs networks, more than 1B usd transactions; Attended anti-fraud special programs for cards transactions Cards programs consultancy and management for small and medium Banks in Romania and Serbia Consultant for cards programs designed for Trade Unions
Martin Ermenkov Country Partner Serbia
- Most recently fulfilling the role of CEO in a Southeastern European power company, Martin Ermenkov’s industry experience ranges from real-time consumption monitoring and intra-day balancing, natural gas spot trading (intra-day and day ahead), as well as capacity bidding and scheduling. With ample experience in both electricity grid and cross-border natural gas pipeline management, Martin is a mature professional in the field of energy trading.
Hristo Yanutsev Country Partner Bulgaria
- Hristo is a hardened expert in business management, with ample experience in the development of partner ecosystems and financial ventures’ administration. A creative yet structured personality, his track record shows a solid background in board development, facility and people management, but also financial control, budget management an investment
Natasa Dogramadzieva-Maneva Country Partner Macedonia
- Natasha is an Energy Sector professional with a decade of experience in fields such as regulatory management and energy policy. Her working knowledge revolves around energy liberalization in South-Eastern Europe, and she has been part of national governments, as well as research associations and private institutions from within the Energy industry.
Olosz Szabolocs Country Partner Hungary
- University degrees in Economics, Tourism, Security and Governance. Master Degree in Management of Public Administration, International Marketing and Sociology. After a good experience in the private sector he joined as chief of stuff for the Vice Prime Minister of the Romanian Government. He continued his governmental work as chief of stuff for the Minister of Communication and after that adviser for the Minister of Tourism and Regional Development. Currently he activates in the field of real estate, mass media, construction and energy.
The Bittwatt team is centered around an experienced core of energy professionals and an energy supply company, as well as a network and development team that has a proven track-record in blockchain technology applications.
The Bittwatt Commercial Platform already exists and is integrated within the work flow of one of the biggest Eastern European providers of electricity and natural gas — with applications in place in Romanian, Bulgarian, Serbian, Macedonian and Hungarian markets and by 2022 we will reach a total number of 15.8 million users with a turnover of 690 msillion USD and 13% profit.
Bittwatt has allocated a total of 1,080,000 BWT tokens for the Bounty Campaign mannage by Tudor Stomff ICO Manager in order to participate click this link https://bountyhive.io/join/Bittwatt. Participate the Bittwatt Tokensale here https://www.bittwatt.com/#ico
