4NEW (KWATT) ICO Review, Ratings, Token Price
Overview : 4NEW is an actual producer of energy, converting city waste into electricity with no harmful pollution or residue remaining through a closed combustion chamber. 4NEW’s energy power plants earn enough revenue from cleaning up city waste, that it covers the entire costs of the power plant. 4NEW’s real innovation is then to take this electricity that is generated from the waste and power a massive crypto/bitcoin mining farm. Purchasing the 4NEW KWATT token gives the owner a share in the revenue earned from this crypto mining farm.
4NEW (KWATT) ICO Review, Ratings, Token Price
| Name | 4New : Green Powered Waste-To-Energy Crypto Mining |
| Ticker | KWATT |
| Token Type | ERC20 |
| Token Price | 1 KWATT = 2 USD |
| Token Sale Date | 07/07/2018 – 08/10/2018 |
| Review | - |
| Raised : 43,300,000 USD |
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.
Historically, the price of 1 kilowatt has been very stable for the past fifty years at approximately $0.15 globally, inflation adjusted. This trend is expected to continue for the foreseeable future in lieu of technological innovations. However, the wild card that not many have truly evaluated is the exponential acceptance of the blockchain worldwide leading to a massive spike in energy consumption by cryptocurrency mining that could drive the price of energy up globally.
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.
Token Info |
|---|
| Token | KWATT |
| Platform | Ethereum |
| Type | ERC20 |
| Token price | 1 KWATT = 2 USD |
| Tokens for sale | 300,000,000 KWATT |
| Token Distribution | Crowdsale = 67% Founders & Insiders = 25% Institutions = 8% |
| Token Allocation | Plant Development = 40% Mining Equipment = 40% Working Capital = 10% Blockchain Development = 5% Marketing = 5% |
| Allocation of Future Revenue | Additional Plant Buildout = 35% Additional Mining Equipment = 35% Electricity Kwatt Bill Payment = 20% Management/Overhead = 10% |
Investment Info |
|---|
| Hard cap | 75,000,000 USD |
| Restricted countries | No restrictions |
| Whitelist / KYC | No / Yes |
| Accepting | ETH, BTC, LTC, BCH |
| Token Sale Date | 07/07/2018 – 08/10/2018 |
| Bonus | 7 July – 20 July = 30% 21 July – 10 August = 25% |
| Q2, 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 |
| Q3, 2018 | Rigs with functional capacity of power plant |
| Q4, 2018 | Initiate scale up logistics of power output and performance of mining rigs onsite, achieving full plant capacity |
| Q1, 2019 | Initiate build out of 3rd facility and global expansion plan |
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9.0 / 10.0 |
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4.2 / 5.0 |
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4.3 / 5.0 |
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8.8 / 10.0 |
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4.13 / 5.0 |
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1114528
Donation:
ETH (ERC-20) Address: 0x86Ad36da59310683CfE8C2c66e798D2e636413fF
Bitcoin Address: 16DcB1iCq9rQ4PKQZUU8XhNcQ5qRCPmGsZ
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