Our product is grounded in necessities, solving two social problems, waste surplus and energy shortfall. Our blockchain platform will be built on top of the underlying treatment infrastructure covering the entire supply chain from collection of waste to generation of electricity to sale of energy units to the national grid or between consumers and industry peers.
Given the utilitarian nature of our services, it is our belief that 4NEW will successfully integrate the blockchain network within the real-world applications of waste to energy conversion with widespread acceptance.
Decentralized, open source blockchain integrated platform facilitating transactional exchange between Business to Business (B2B), Business to Consumer (B2C) and Consumer to Consumer (C2C) related to waste and energy markets.
October 17, 2017
November 14, 2017
November 15, 2017
December 15, 2017
December 17, 2017
Attention. There is a risk that unverified members are not actually members of the team
$42 500 000
Positives Enhanced Mining: Users can decide the cryptocurrencies they want to mine through their KWATT Coin Power. And they will have access to the top 20 mineable coins. This system will determine the hash rate for each coin and the reward that’s connected to the user’s account that’s connected to a 4NEW wallet. Green Energy: KWATT energy will be used to create a renewed source of energy. The energy that’s used on 4NEW’s network is converted from waste, making this ICO a good idea for the environmentally conscious. Innovative Blockchain: We like how 4NEW is used to create a decentralized mining platform. Once the company creates their own blockchain, it will be easier for new users to utilize and work on their native system. Negatives Not 100% Original: There are a myriad of ICOs that have the goal to convert energy. We’ll have to see some innovative developments with 4NEW before we can see it surpass its competitors
4NEW stands out against the general backdrop of IT projects within the crypto-space as an unconventional approach with a comprehensive view towards the largest problem in the long term sustenance and feasibility of the blockchain technology. The voracious consumption of electricity by the blockchain technology can be managed by dedicated power plants focused towards supporting crypto-transactions which will in the long term enable the blockchain to be self sufficient especially in an environment where wide energy gaps are already globally prevalent. The 4NEW solution and ecosystem seems to address three global social crisis in a harmonious manner, whereby, three technologies interact in a single innovative ecosystem, turning a boring recycling business into an exciting crypto-story. A strong diversified team of practitioners with a combined knowledge of 300 years further provide the foundational support to this ecosystem.The project has already reached the soft cap and gained more than $40M off the $75M of the hard cap targeted to be achieved by March 31, 2018. And that is a real high score.We do find this project to be interesting and that is why we put a high score
4New claims they will standardize the waste and energy industries, which they describe as two industries in dire need of innovation and technological integration. They also foresee the 4New Coin becoming the global currency of peers and consumers for any waste or energy related services they seek. In addition to this information, 4New provides a wealth of other insight into their company and development plans. Altogether, they claim their management team has over 300 years of combined experience and their research claims they’ll be able to provide a 15% to 20% savings to consumers. They also promise zero impact on the environment and compliance with all government regulations and standardized best practices. In addition to offering a tangible value, 4New is fully blockchain integrated and has plans for state-of-the-art Smart Meters and a highly-regulated industry trading platform.
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