TI Rating Report: REDi

REDi is a Klaytn-based data marketplace for the global renewable energy industry. REDi aims to connect users to tailored data services with no additional transaction costs or brokerage fees and a decentralized network.

The project's primary product, 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 in the industry. The REDi Infranet collects data from solar PV plants, then verifies and consolidates the data for access by ecosystem participants.

$REDI is the native token of the REDi platform. For participants on the platform, additional revenue models can arise as tokenized rewards in exchange for sharing and verifying energy data. Users then can be incentivized to participate in the formation of an information-rich, decentralized marketplace for renewable energy data.

TokenInsight gives REDi a rating of CCC, with a stable outlook.