4NEW — POWER TO THE PEOPLE LITERRALY

celin (25)in #blockchain • 7 years ago

4New is the first blockchain solution in the world for waste to energy conversion. It’s a tangible and eco-friendly solution that is taking the world by storm. 4New is currently offering coins for investors who are interested in getting involved with the first-ever waste to energy conversion and treatment facility. It will be entirely based on the blockchain network.

What is 4NEW?
The world’s first eco-friendly, tangible, Waste to Energy
blockchain solution.
That means we are the first one’s to convert the waste
generated from households on a day to day basis and then
convert it into energy which is then sold to the national grid,
aggregators or back to the household form where the waste
initially generated from. While the technology to convert
waste into energy has been around and proven to be quite
effective in most countries, nevertheless, nobody on the
planet has integrated the entire tangible supply chain from
waste collection to energy distribution integrated on to the
blockchain network.

4NEW Limited was created to address the ongoing waste management challenges of transforming them into energy that can be used for human consumption. 4NEW Limited is the world’s first public waste utility waste treatment plant. 4NEW will modernize the Waste and Energy industry by offering services as a wholesaler in the Utilities sector that is fully integrated into open source, decentralized public exchanges that allow consumers and industry associates to trade their 4NEW Coins for payments in the 4NEW ecosystem. This platform solves two major problems of waste management and energy supply through a decentralized ecosystem built on the trust and shoulders of the general public that this project aims to be. The platform is a concept that gives back to society!

4NEW COIN
4NEW Coin functions as a “Coin as a Service” to industry peers, consumers and early adopters. 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.

The platform is built on the Blockchain technology with a view to reorganize the waste and energy industry for the benefits of both participants of the blockchain ecosystem and non-members to give everyone and anyone a sense of humanity. To get comprehensive details on the model adopted by the 4NEW Limited to solve outlined challenges, download ‘White Paper’. The 4NEW solution will help bridge that gap for the blockchain network by setting up future plant sites in close proximity to urban centers where these data servers may be situated, thereby alleviating the burdens on the respective national electric grid.
The platform is built on four pillars. 4NEW Coin Limited- Provide “Coin as a Service” to industry peers, consumers and early adopters. 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.
4NEW Limited- Waste to Energy operating company. 4NEW Smart Meter Limited- Smart Meter leasing and operating company. 4NEW Assets Limited — Real estate asset holding company inclusive of property, plant and equipment. To find more about the four step model of the platform, access the platform’s website on https://4new.co.uk

HOW IT WORKS?
The platform is built on four pillars. 4NEW Coin Limited- Provides “Coin as a Service” to industry peers, consumers and early adopters. A decentralized openchart integrated platform, facilitating the exchange of transactions between Business to Business (B2B), Business to Consumer (B2C) and Consumer to Consumer (C2C) related to the waste and energy markets.
4NEW Limited — Waste to energy operations company. 4NEW Smart Meter Limited — Leasing and operating company Smart Meter. 4NEW Assets Limited — The parent company of real estate assets includes fixed assets. To discover more about the platform’s four-step model, access the platform’s website at.

The token used in the platform to transact, makes payments and regulate usage of electricity by households, industries and private individuals is the 4NEW coins. Each 4NEW plant has a minimum annual capacity of approximately 40,000 tonnes per year of waste processing.
Each ton generates roughly $110.00 in coin utilization for waste collection services. Additionally, processing 40,000 tonnes of waste per year would convert to approximately 104,000 MW/Yr of energy that can be sold for approximately $0.13 per KW in coin utilization. Both waste and energy require roughly $13,500,000.00 in coin utilization per annum per plant. To meet up corporate objectives of the platform, ICO is out for offer to allow participants take active part in the inherent benefit of the platform.

About the ico
The decentralized blockchain network 4New runs on uses the 4New Coins as a currency. These coins will be used in all transactions for acquiring and selling waste and energy. The ledger of 4New will contain all transactions and will display an auditable journal of every purchase and sale 4New carries out. All parties involved or associated with each transaction will be able to see the ledger entry — including potential disputes, reconciliation, and revenue leakage, which will all be controlled as much as possible.

ICO DETAILS
Their tokens will be named FRN. The price of ICO for token FRN is very varied with about 4 stages of ICO. As an initial information to this point they have collected funds from investors approximately 25 million USD and will continue to grow due to some of the things I have described above. Here’s the ICO schedule they prepared along with the pricing and bonus details.

17th October to 23rd October, 2017
1 FRN = 0.003787 ETH (20% Bonus 4NEW Coins)

24th October to 31st October, 2017
1 FRN = 0.004132 ETH (10% Bonus 4NEW Coins)

1st November to 14th November, 2017
1 FRN = 0.004545 ETH

15th November to December 15th, 2017
1 FRN = 0.005882 ETH

Budget allocation chart

70 plant development
10 treasury
5 blockchain development
5 marketing
10 working capital