HURRY! 4NEW ICO ends in 1 day

What is 4NEW?

Just like their tagline suggests, it’s ‘Power to the People, Literally’. 4New is clean, green energy that will take Waste to Energy for Crypto Mining. Their token which is aptly named with the KWATT ticker will help save the planet with tokenized electricity.

What is the problem and how will 4NEW solve it?

The 3 main areas are;

We throw away 2.12 billion tonnes of waste globally each year, growing 3% each year – this means we will double our waste output in 25 years.

'Each of our plants take in 50,000-100,000 tonnes of waste annually, processing it in an environmentally-friendly method, in order to create electricity. Gate fees offset the operational costs of the plants, allowing for free electricity production'.

The world energy supply is around 80 percent reliant on fossil fuel energy. The IEA predicts a rise in global energy demand of 50-60%, and a 50% rise in greenhouse gas emissions by 2030.

'The electricity we produce is constant, year round, and is scalable to any location with human activity. Electricity is either sold to the national grid or applied to operate mining processes at the onsite mining farm'.

Crypto Mining energy consumption growth is exponential. As of March 31, 2018, 1 Bitcoin transaction consumed as much power as 30.5 US households for a day, this is a 500% rise since September 2017.

'4NEW is the world’s ﬁrst eco-friendly blockchain ecosytem powered by waste to energy power plants. 4New’s ecosystem will provide a blockchain platform that will enable decentralized, peer to peer transactions whereby production of energy can directly meet the consumption of energy globally'.

Taken from 4new.io

How the ecosystem works

Where are 4NEW currently at?

4New are planning a summer launch of two Waste to Energy sites which are capable of generating 10 megawatts per hour and the team have already identified a third site which they plan to have operational during 2019. Each site will incorporate their own mining farm as part of the ecosystem.

Highlights of the KWATT token?

When does the ICO finish?

The ICO finishes August 10th so you are not too late to still buy your KWATT tokens and you’ll still receive a 25% Bonus on top of your purchases.
To buy your KWATT you will need to first register using the following link;

https://kwatt.4new.io/register

There are currently over 45,000 registered to 4NEW and this is your time to join them on a truly special project. So far the team have raised over a whopping $43.9 million.

Are the tokens on an exchange?

KWATT is confirmed to be listing on three exchanges from August 21st on HitBTC, HOTBIT and EXRATES.

Using your KWATT tokens

As a coin holder of KWATT you will have two options available to you;

Using it towards 4NEW’s cryptocurrency mining farm.
Sell your energy to the UK National Grid.

There is a caveat to this, each year you must inform the 4NEW team what you wish to do with your tokens, if you do not inform them then the 4NEW management team will elect on your behalf.

Summary

There really is too much details about this exciting project to run through in this article. Time is running out to invest before the ICO finishes on August 10th so I seriously suggest you go to the sources below and look into this project before you regret never investing.

Sources

Whitepaper: https://4new.io/wp-content/uploads/2018/03/4NEW-WhitePaper.pdf
Blog: https://4new.io/blog
Affilate signup: https://4new.io/affiliate
Website: https://4new.io/
Telegram: https://t.me/FRNCoin
Bitcoin Energy Consumption: https://digiconomist.net/bitcoin-energy-consumption