4NEW – an Energy Solution!

m0therofdragons (32)in #ico • 6 years ago

Blockchain industry has been gaining grounds in the last couple of years. Nowadays, almost everyone has heard at least something about it. Haven’t you? But what about electricity based on blockchain? Can you imagine such a thing? Well, it turns out that you need not imagine it, since it already exists. 4New is exactly the company that offers the integration of energy consumption on blockchain platform. This is an innovative approach, aiming to resolve three major problems concerning waste excess, energy deficiency and voracious.

The Problem
Electricity is used all over the civilized world. Only a few parts of it, populated by tribes, do not use electricity and any other means to generate it. However, the consumption of electricity increases day by day as people use more and more electric devices that have not been invented twenty years ago: computers, smartphones, laptops, televisions, etc.

Yet electricity is generated only by using oil and coal, hydro power and nuclear power. The main source of electricity production is from the burning of coal and oil, which has a disastrous effects both on the environment and the economy. Hydro power is a modern approach to generate electricity and to avoid ecological problems in the same time, but there are numerous issues to be solved to become widespread. Nuclear power was said to be the next great invention, but it turns out that it brings immense long-term environmental pollution risks. In addition, its production is expensive with high risks of accidents.

The Solution
It was a high time a working solution to be created that can satisfy people’s needs of electricity and save Mother Earth. 4NEW is the first environmentally friendly, blockchain based ecosystem that can produce electric energy from refining waste product into water and organic materials. The production cost is met through the marginal profit or the revenue generated from the waste collection services. Consequently, the electricity produced could be sold to the national grid or available for utilization.

How Does the Plant Work?
There is a Pollution Control System, which is concerned with the removal of Nitrogen Oxide, Mercury and Dioxin, Acid Gas, Particulate, and at the end of the process the level of pollution is tested.

Token Details:

The KWATT token is based on the ERC-20 token standard and Ethereum-powered smart contracts. Once the blockchain is developed, the token will be swapped out for the KWATT coin which will interact with the blockchain. The total token offering is three hundred million tokens (300,000,000). This is the hard cap limit for the crowd sale offering. Each KWATT Coin represents 1 kilowatt of electricity per year.

Token FRNC
Price 1 FRNC = 2 USD
Platform Ethereum
Accepting ETH
Soft Cap Achieved!
Hard Cap: 75 M.

June 23 - July 6: 50% Bonus
July 7 - July 20: 30% Bonus
July 21 - August 10 25% Bonus

ROADMAP

DEC 2015: Plant 1 Construction Begins

SEP 2016: Plant 2 Construction Begins

MAR 2017: Plant 1 Complete

OCT 2017: Plant 2 Complete

OCT 2017: Pre-Sale Round 1 Launch of KWATT

NOV 2017: Closing the Pre-Sale Round 1

DEC 2017: Closing the Pre-Sale Round 2

2ND QUARTER 2018: 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: Rigs with functional capacity of power plant

4TH QUARTER 2018: 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.

Project Team & Advisor:
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