4NEW is the world's first eco-friendly, tangible, blockchain ecosystem powered by waste to energy power plants. The concept is quite simple, the process of refining waste product into water and organic materials creates energy and that is then leveraged to either be sold to the national grid or applied to operate mining processes at an onsite mining farm.
The cost to produce the energy is met through the revenue generated from the waste collection services and sale of byproducts facilitating a sustainable operation at breakeven or a marginal profit. Therefore, the energy produced is unencumbered and freely available for utilization or sale to the national grid.
The cost to produce the energy is met through the revenue generated from the waste collection services and sale of byproducts facilitating a sustainable operation at breakeven or a marginal profit. Therefore, the energy produced is unencumbered and freely available for utilization or sale to the national grid. 4NEW has the unique opportunity to apply this finite lifetime supply of energy to its coin, namely, KWATT. The 4NEW coin symbol is KWATT. Each KWATT Coin embodies within it, 1 kilowatt of electricity for a year.
The KWATT Coin will represent a certain hashing capacity per coin. This concept is not new; Companies such as Giga Watt have offered similar mining items for lower costs, however, KWATT Coin is extremely unique in scope. We do not charge energy fees for mining, the only cost to a coin holder is the cost of the coin. This means that a coin holder will be able to mine all cryptocurrencies for the lifetime without spending an additional penny for their energy bill. The energy is free to us, so it is free also to the coin holders.
CRYPTOCURRENCY TRANSACTION HOW IT WORK
4New are producers of energy, Not an energy exchange platform.
Waste to Energy (WTE) power plants serve as a dynamic solution with over a 115 year history for addressing two social & environmental crisis; Waste Surplus & Energy Shortfall. Furthermore, other renewable energy sources such as Solar, Wind, Geothermal and Hydro are all dependent on natural resource availability; waste is available everywhere. Revenue generated from waste processing operates the plant at breakeven. Therefore, the energy produced is free. This free energy can be sold to the national grid or consumed.
Offering Highlights
KWATT Coin 1 KWATT Coin embodies within it 1 Kilowatt Hour of electrical output generated by the plant.
Token Supply Our total token supply is 300 Million based on the annual output capacity of projected plant sites.
Two Operational Power Plants With two operational power plants secured, 4NEW is poised to activate ecosystem, Q3 2018.
Electric Output Current electrical output capacity between two plants combined at launch is 10 megawatts per hour.
Unsold Tokens Any unsold tokens will be burnt and any future growth in output capacity will be pegged to the circulating supply of tokens.
Insider Tokens Restricted Insider held tokens are restricted until Jan 2019.
Mining Farm With an onsite crypto-mining farm, the KWATT coin will be able to accurately measure and track electrical consumption of cryptocurrency mining operations.
Mining Capacity 10 Megawatts per hour of electrical output can support up to 360 billion gigahashes/hr in mining capacity.
Initiate planning on 3rd plant site Complete setup and initiate operations of first mining rigs onsite Launch power plant integration with mining rigs Complete KYC and 4new blockchain development and integration
3RD QUARTER 2018
ICO Ends Aug 10th
Rigs with functional capacity of power plant
21st Aug
4TH QUARTER 2018
Exchange Listing, Initiate scale up logistics of power output and performance of mining rigs onsite, achieving full plant capacity
1ST QUARTER 2019
Initiate build out of 3rd facility and global expansion plan
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