ICO: REDi (ENG)

Project: REDi

Focus: Data management for Renewable energy

Symbol: REDI

Company address: 60 paya, , Singapore 409051

Strategic partners:

Hanwha: https://www.hanwhawm.com/main/english/main/index.cmd

Hyundai corp: http://www.hyundaicorp.com/en/

KEPS: http://www.keps.kr/eng/

SEI: https://smartenergyisland.com/

Phyron:http://phyron.co.kr/en/?ckattempt=1

Everon: https://www.everon.co.kr/

IoTeX: https://iotex.io/

Aerotech:http://www.i-aerotech.co.kr/

SMA: http://www.energyvision.co.kr/

XnTree: http://xntree.com/

SEWORKS: https://se.works/

MOIN: https://www.themoin.com/

Blockcrafters: http://blockcrafters.com/

Cyclogic: http://www.cyclogic.net/?ckattempt=1

FineGroup: http://finegroup.co.kr/

Powervault: https://www.powervault.co.uk/

ICO info:

ICO date: September

KYC:Yes

Bounty: Yes

Soft cap: 10.000 ETH

Hard cap: 30.000 ETH

Token metrics:

Token type: ERC-20

Total token supply: 2,000,000,000 REDI

Total tokens sold in Main sale: 600,000,000 REDI (30%)

Basic value: 1 ETH = 20,000 REDI

Community:

Telegram: 20548 members, https://t.me/redi_en

Facebook:9062 followers, https://www.facebook.com/REDi.infranet/

Twitter: 10700 followers, https://twitter.com/REDi_infranet

Medium: https://medium.com/redi-infranet

Concept:

REDi is a blockchain-based integrative data management system for the global renewable energy industry. The REDi Infranet aims to 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.

Behind the positive growth of the renewable energy industry, there lies an inefficient management of industry standards and a reliance on an uncertain and unverified information that is contributing to the inefficiency of the energy industry as a whole. Thus, an industry-wide solution is required to enable all industrial participants to obtain and utilize more accurate and transparent information.

There are currently multiple projects operating in the renewable energy landscape. The majority, however, are predominantly focused in the financing, energy-trading, and certified emission reductions (CERs), whereby a void still remains in addressing the aforementioned needs for improvements in efficiency across the industry. REDi will implement blockchain technology to ensure the immutability and scalability of verified data that can be distributed amongst the industry through the voluntary participation of industry players. Through the platform, REDi will ensure the reliability of various information and record ownership of data so that participants can be rewarded and compensated legitimately.

REDi Infranet

The REDi infranet is a data marketplace where various stakeholders of the renewable energy industry can freely partake in the buy-and-sell of critical industry data. All players involved in the production of renewable energy — from power plant owners, construction firms, production operators, and investors — can contribute their data to the REDi infranet in exchange for REDi tokens. The submitted data will be certified by specialized REDi Infranet Validators before being securely stored on the blockchain. Participants can also purchase the consolidated data using the REDi tokens. The blockchain-based, decentralized platform that is the REDi infranet will ensure that the processes will operate with the utmost transparency and reliability.

Tokenized rewards for Data Providers can only occur once the verification process is confirmed and complete. The transparency and efficiency of the industry, therefore, can be achieved through the circulation of consolidated and verified data and resources through the REDi Infranet. Through blockchain, the benefits of data sharing will not be constrained to third-party participants, rather shared equally amongst all participants of the REDi Infranet.

The whitepaper consists of 50 pages with detailed explanations about the technology and protocols REDi will implement.

TEAM

The core team consists of 14 members with previous jobs in SEI Corp, Naver, Hyundai, Singapore airlines, Samsung Electronics and more. They are all supported by a team of 8 advisors with different experiences that will surely become of use to make this project successful.

DY LEE (CEO)

(LinkedIn: https://www.linkedin.com/in/dong-young-dy-lee-7a240138/ )

After studying environmental economics at UC Berkeley, DY joined Tongyang Securities specializing in strategic planning and risk management. DY later founded and successfully commercialized a peer-to-peer financing platform, which later formed the foundations for his expertise in blockchain-based project implementation. His experience in the energy sector began with the research and development in solar energy products and founding a consulting firm, SEI, that specializes in solar energy production — including the regulatory and environmental compliance, EPC contracting, and solar PV operations and management. After years of amassed insight into the renewable energy industry and market, DY has initiated the REDi project to bring about improvements in efficiency and sustainability in the renewable energy industry through blockchain.

Chanyoung Kwon (CTO)

(LinkedIn: https://www.linkedin.com/in/chanyoung-kwon-a204019/ )

Chanyoung has an extensive background in software architecture from developing servers for gaming and messaging services at NAVER, and in-memory databases for SAP. Since then, he has used AR and VR technology to develop fitness measurement systems and is currently developing financial services using artificial intelligence.

Rick Yoon (COO)

(LinkedIn: https://www.linkedin.com/in/yoonilo/ )

Rick has spent more than 9 years at one of the largest corporate research institutes in Korea, optimizing electronic and IT systems, and successfully implementing improvements in system-wide efficiency, cost-efficiency, and performance through data-driven analysis. In addition, he has been actively engaged in the development of the blockchain technology, such as in POW/POS mining, master node, trading, and ICO projects. Based on his expertise in data analysis and deep understanding of blockchain, he is currently overseeing the overall business operations and planning.

Nathan Chang (CBDO)

(LinkedIn: https://www.linkedin.com/in/nathanchang/ )

Nathan has years of experience in chemical engineering, energy production, and renewable energy projects. He has since been engaged in overall business and financial aspects of PHYRON Global Solutions, a prominent O&M service provider in Korea. Based on his expansive experience and network in the renewable energy industry, he will actively take part in the development of new renewable projects for the REDi ecosystem.

Roadmap: