4NEW is one of the environmental projects using blockchain technology, which implements the concept of waste processing into water and organic materials, simultaneously producing electricity. To implement this idea, the best practices of many countries in waste processing on an industrial scale will be applied. The resulting energy can be sold to consumers of power grids or to supply energy to mining farms.

In General, every year the complexity of producing cryptocurrencies increases, which requires more and more hardware capacities, and at the same time, electricity consumption increases significantly, which is a heavy burden on local electricity networks. They often begin to occur overload, as a result of the danger of fires from high energy consumption. On the other hand, the cost of electricity is still quite high, as it is often produced from non-renewable dirty energy sources (gas, fuel oil, coal). The production of cryptocurrency takes a significant part of the budget of the mining farm. Therefore, all the capacities of the 4new platform are directed to the production of energy by the method of processing of organic waste, which is also produced in large quantities by people. Thus, the problem with their utilization is solved, the ecological situation is improved, and even cheap electricity is produced. It is worth noting that this approach to the production of electricity is practical, as unlike wind, solar, hydroelectric and geothermal sources does not depend on the whim of nature, as human waste is produced constantly.

The resulting energy will be tokenized. Right now it is a KWATT token, which is a smart contract in the Ethereum network based on ERC20. After the full launch of the blockchain, the token will be exchanged for KWATT coin, which will be used for transactions on the platform. The total emissions KWATT equal to 300 million units. This number is chosen for a reason, as it is expected that THIS annual capacity of the 4new plant will be around 300 million kilowatts in the first year, and each KWATT coin will be equated with 1 kW-hour of generated electricity. KWATT growth, according to forecasts, will be inevitable, as every year will increase the capacity of plants for energy production or to open new and new coins will not appear. At the same time, the demand for electricity will increase from year to year. The KWATT coin can be used to conduct transactions on the 4NEW platform, for example, to pay electricity bills. In the future, a full-fledged wallet will be created for money transfers and payment for health services around the world.

At the time of this writing, the 4new project is undergoing an ICO procedure. Of course, some bonuses are reserved for investors, more details can be found on the official website of the project. At the same time, all unsold coins will be burned, and the energy received, which is tied to them, will be directed to the national electricity networks of the UK or will go to mining farms. The decision will be made by the developers depending on the circumstances. To ensure the necessary degree of scalability and continuous maintenance of power plants, 35% of the revenue will be allocated to infrastructure development.

The 4new project is very important for the preservation of the environment, with a strong team (you can see on the official website). At the same time, SoftCap has already been assembled, which means that this concept is of interest among investors. Already in the third quarter of 2018, two power plants are planned to be launched on THE basis of the 4new platform. A huge plus would be that to check the activities of the company 4NEW is a professional organization. Zucker Forensics, which is one of the best accounting, consulting and litigation firms in the United States, has been hired for financial reporting. The independent audit procedure will be carried out by Daszkal Bolton LLP, which has 26 years of experience in servicing successful companies from various sectors of the economy.

Site: https://4new.io/

WhitePaper: https://4new.io/wp-content/uploads/2018/07/4New_White_Paper_English-.pdf

Twitter: https://twitter.com/4newcoin/

Facebook: https://www.facebook.com/4newcoin/

Telegram: https://t.me/FRNCoin

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