REDI (REDi) ICO Review

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REDI is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.

Essential Information

Ico TimeUnknown – Unknown
Token NameREDI
Token SymbolREDi
WhitepaperView Whitepaper
Website LinkHome
Price1 REDi = 20 ETH
Soft Cap10,000 ETH
Hard Cap30,000 ETH

More about REDI (REDi) ICO:

A blockchain-based integrative data marketplace for the global renewable energy industry. The REDi Infranet will empower various renewable energy producers, consumers, and industry experts to consolidate, verify, and distribute data in the search for improved productivity and efficiency towards true sustainability.

A blockchain-based integrative data management system for the global renewable energy industry. The REDi Infranet will empower various renewable energy producers, consumers, and industry experts to consolidate, verify, and distribute data in the search for improved productivity and efficiency towards true sustainability.

We are in the midst of a global transformation of the energy landscape. REDi provides next-level solutions for more stable and sustainable power generation, the two key pillars of renewable energy.

The possibilities are endless for various data-driven services to emerge from the industrial application of AI and blockchain. REDi has already commenced the development of its innovative services such as peer-to-peer power trading and AI-simulated feasibility analysis.

With our unique service-offerings, we pursue the boundless expansion of our REDi ecosystem and stable token economy. Through the collaboration of energy and data experts, we aim to drive the digital transformation of renewable energy.

REDi is the creator of REDi Infranet, a blockchain-based energy platform that aims to connect various stakeholders in the renewable energy industry to provide, verify and disseminate data for more efficient and sustainable management of renewable energy plants. The REDi project began in late 2018 by accumulating and providing data for solar panel business owners.

REDi and Encored signed an MOU to work together on ESS and EMS for PV power plant. Encored has already studied and developed ESS and EMS. REDi will promote ESS and EMS through the platform and start the study on ESS and EMS.

ESS(Energy Storage System) is a large battery storing electricity generated from PV power plant , but ESS is not widely used in S. Korea due to many fires. From Aug 2017 to May 2019, 28 fires on ESS were reported. This number of fires on ESS is very exceptional around the globe. The official scrutiny from the government with public experts was carried out a few times. So far, the exact cause of fires is still ambiguous.

To overcome the fire issue, EMS(Energy Management System) becomes more crucial. ESM can prevent fire by monitoring and controlling ESS. ESS will be a must-use option for PV power plant in future.

Watching the market situation, REDi decides to move into ESS and EMS market to capture future business opportunities and expand the range of services on the platform.

As a part of this partnership, REDi went through a strict due diligence process by Xangle to publish a due diligence report that will be made available to Xangle’s partner exchanges. Exchanges will have access to this regularly updated institutional-grade report to perform continued evaluation of projects before and while they are listed. Exchanges that are actively engaged are: Bithumb, Korbit, Coinone, GOPAX, and CPDAX, to name a few.Comprehensive information is also available to retail token buyers.

EDi signed an MOU with Hanwha Investment&Securities, a South Korean Hanwha Group’s subsidiary specializing in investments in renewable energy infrastructure. With Hanwha’s know-how in solar panel business, REDi aims to map out a stable and profitable business model for the upcoming renewable energy data platform.

REDi signed an MOU with Pacifico Energy Korea, the Korean branch of the Japanese solar power generation project developer. Pacifico will increase power generation efficiency by integrating REDi’s “SUNDY M” (an AI-based solar PV monitoring service), with its power plants in Korea.

REDi is an ERC-2O token native to the REDi Infranet. REDi will be distributed to data providers for submitting or verifying data, used to purchase data and access related services within the REDi ecosystem and to safeguard trafficked data from validators, provers, and derivative service providers.


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REDI (REDi) ICO Scam or Not?

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