OVERVIEW OF PLATFORM 4NEW
4New is an environmentally friendly blockchain solution, and has real proof of waste energy. This project is aimed at solving two fundamental problems in global and social that is, the amount of waste is wasted and lack of energy.
The project is supported by blockchain technology whose application utilizes waste treatment and converts it into a power plant. The 4New blockchain platform will be built on a basic waste processing infrastructure and covering the entire supply chain and then making it a power station.
4New is an energy-generating platform, and in its implementation 4New creates a coin with the utility to add energy. The coin is called Kwatt.
OBJECTIVES PLATFORM 4NEW
The project aims to make use of excessive waste making it an energy source. The concept is quite simple, the process of distilling waste products into water and organic materials will create energy and then will be used for sale to the national network or set to operate the mining process.
The cost of producing an energy is generated through income generated from the collection of waste services and sales of byproducts that facilitate the continuation of operations at the marginal point of profit.
Therefore, the energy produced is not freely available. Historically, the 1 kilowatt price will be worth about $ 0.15 globally, the price has stabilized over the last 50 years and is predicted to remain stable for the foreseeable future.
KOIN KWATT
Kwatt coins are a coin created by the 4New platform that will be used as coins or tokens that can generate energy. Previously, this coin was named Frincoin.
By using blockchain technology, it will enable the Platfom payment system with this Kwatt coin to be usable in various industries. In addition, this coin is also supported by smart contracts that serve as a binding relationship between parties who transact and useful to provide value in every transaction. Here is information on Kwatt:
1. Kwatt merupakan sebuah token ERC20 yang berbasis Ethereum dan didukung oleh kontrak pintar.
2. Total koin yang disediakan adalah sebanyak 300 juta koin dan ini merupakan jumlah hard cap yang ditentukan dalam crowdsale.
3. Penanaman pertama kapasitas yang akan diluncurkan menghaslkan energi sebanyak 10 megawatt tiap jamnya. Selanjutnya, setelah beroperasi, infrastruktur platform akan mampu meningkatkan energi hingga 40 megawatt per jamnya. 1 megawatt = 1000 kilowatt, yang mana 1000 kilowatt akan memberikan sumber energi bagi 1000 rumah per hari. Penggunaan pada tiap rumah akan berbeda tergantung dari kebutuhannya.
4. Maksimum pengeluaran energi maksimum adalah 346 juta kilowatt per tahunnya.
5. 1 koin Kwatt akan menghasilkan 1 kilowatt energi.
6. The price of 1 kilowatt is quite stable that will be around $ 0.15 per kilowattnya, and is expected to be stable for 50 years.
7. Coins issued 4New will not exceed the number of coins in the beginning of 300 million coins.
8. Every year management will set aside 35% of net income for future development.
This Kwatt coin will represent a certain hashing capacity per coin. This is to reduce costs. This coin does not charge energy for mining, which is beneficial for coin owners, as coin owners can do cryptocurrency mining without any additional cost. In addition, this coin has additional uses such as:
1. Mining Farm
2. Money Transfer Company
3. Licensed Pharmacy
4. Insurance Company
Nice project the idea is useful to society. Such popular projects can show a very good result in the future
Sounds good.. I'm interested . Read the white paper and it's convincing.carry on