Overview

4NEW is the world’s leading 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 which is unencumbered and freely available for utilization or sale to the national grid or applied to operate mining processes at an onsite mining farm. More detail Click Here or Click Here.

Tokenomic

KWATT Token currently is an ERC20, Ethereum based smart contract. Upon completion of the blockchain development, the token will be swapped to the KWATT Coin that will interact with our blockchain. The total coin offering is for three hundred million coins 300,000,000.

The maximum annual output capacity of the plant is 346 million kilowatts per year. Due to maintenance and general down time for repairs to the plant, expected annual output capacity is estimated at 300 million kilowatts per year realistically. Each KWATT Coin embodies an annual supply of 1 kilowatt of electricity within it.

This means holder of KWATT Coin will be able to apply their energy to one of two places each year for the next 50 years. They can either sell their energy to the UK National Grid or they can choose to apply it towards 4NEW’s cryptocurrency mining farm. The price of 1 kilowatt for electricity is a very stable metric. Over the past 50 years, the global average retail price is approximately $0.15 USD per kilowatt, inflation adjusted.

ICO

Token Sale Schedule

- 75% Bonus

9 June - 22 June

- 50% Bonus

23 June - 06 July

- 30% Bonus

07 July - 20 July

- 25% Bonus

21 July - 10 August

ICO Rating

Token Detail

• Token Symbol
  KWATT

• Platform
  Ethereum ERC-20

• Basic Price
  1 KWATT = 2 USD

• Accepting
  ETH, BTC, LTC, BCH

• Restricted Countries
  No restrictions

• KYC
  Yes

• Whitelist
  No

Token Allocation

Any KWATT Coins not sold in the offering will be burned. For the avoidance of doubt, all burned coins will release the supply of the energy that was embodied within the coin, allowing that unencumbered energy to be freely sold to the UK national grid or applied towards the mining farm at management’s discretion.

Team

Roadmap

Q4 2017

• October 2017
  Pre-sale launch of the KWATT coin begins

• December 15, 2017
  Pre-sale round closes

• January 19, 2018
  KWATT initial coin offering goes live

Q2 2018

• Complete installation of the waste to energy plant on one site initiate installation of the waste to energy plant on the second site.

• Complete blockchain platform integration with power plant & mining farm.

• Market trial and testing of 4new supply chain with active blockchain integration.

Q3 2018

• March 31, 2018
  Power plant, blockchain and mining farm fully operational.

Q4 2018

• March 31, 2018
  KWATT initial coin offering closes

• Complete purchase of two 4new plant sites with planning permissions & regulatory licenses in pre-identified locations :
  Sheffield, UK – 30 acres
  Dreffield, UK – 5 acres

• Initiate development of the blockchain platform

Q2 2019

• Completion of second waste to energy plant and scaling of 4new’s operational growth.

More Detail

Website : https://4new.io
Whitepaper : https://4new.io/wp-content/uploads/2018/05/4New_WhitePaper_English.pdf
Lightpaper : https://4new.io/wp-content/uploads/2018/05/Lightpaper.pdf
Telegram : https://t.me/FRNCoin

Author

Bountyhive Username : payjoe