What Is 4NEW?
4Now, maybe you are still strange to hear it. 4New is a new breakthrough of the first blockchain-based platform that embodies power. Our platform is based on daily needs, providing solutions to two global and social problems of throwing suprlus and energy shortages. 4NEW will try to build this platform under the abandoned infrastructure to cover the needs chain from collecting unused power plants to installing them, all with the crypto transaction process.
We believe the 4NEW platform will successfully integrate blockchain technology and the true use of such energy consumption using the crypto community which will then lead us to become more mainstream. The 4NEW Platform also offers solutions that will revolutionize and standardize 4 industries - crypto, blockchain, unused energy management, creating a global disruptive economy.
Platform 4NEW - What Do We Offer?
4NEW is the world's first eco-friendly platform, real, and a solution to unused energy. Our concept is simple, through the process of distilling unused products into water and organic materials that will create energy and benefits whether it will be sold or will be used to run mining processes at local mining sites.
4NEW is also an energy producer. As a result, the platform enjoys a unique advantage point for applying its energy at a fixed price, inflation adjusted for significant time. This will enable transaction fee standards on the crypto community. This cost standardization can not be matched with other blockchain because they have to buy energy from retailers. The platform will also allow payment of systems that can accommodate all of the utilization of KWATT Coin in a variety of different industries.
4NEW'S KWATT Token
For the development of this platform, we set up a token we name the Kwatt Coin token with the KWH symbol, a token based on ERC20. This KWH Token is configured to be used globally by everyone and the value of this token comes from an exchange through Ethereum. We have prepared 300,000,000 KWH tokens which are also hard-stamped when the coin offer (ICO) later. Each KWATT token contains an annual supply of 1 kilowatt in it. As the typical plant of unused energy has depreciated over 50 years. So the holders of the KWATT token will be able to apply their energy to one place every year for the next 50 years.
Token Distribution
• 25% of total tokens we create will be allocated to founders and insiders.
• 8% of total tokens we make will be allocated to institutions.
• 67% of our total tokens will be issued at crowdsale.
4NEW'S KWATT COIN ICO; Sales Token
COW KWATT Fund Allocation
Once we have established ICO and 300,000,000 hardcap targets have been achieved, we will allocate the proceeds from the sales as follows:
• 5% of our total tokens will be allocated for the development of blockchain.
• 10% of total tokens we make will be allocated for working capital.
• 5% of total tokens we make will be allocated for marketing.
• 40% of our total tokens will be allocated for plant development.
• 40% of our total tokens will be allocated for treasury operations
Team 4NEW
Members
- V Datta - Founder & Chairman
- Sandeep Golechha - CEO
- Peter Teasdale - COO
- Micheal Liburd - CMO
- Stephen Fiser - Technical Lead
- Darren Stones - CIO
- Madeleine Teasdale - Business Development
- Kaustuv Ghosh - Blockchain Specialist
Advisors
- Saransh Sharma - President
- Dr. Moe Levin - Business Advisory
- Matt O'Donnell - Payments & Blockchain Specialist
- Richard Todd - Waste Specialist
- JT Rao - Smart Meter Solutions
- Ashraf Agha - Treasury & Blockchain Specialist
- Marcus Ubl - Business Advisory
- Darshana Ubl - Business Advisory
- Victor Buchanan - Waste to Energy
- Andrew Springett - Waste to Energy
- Gabriella Katia Davis - Marketing and Customer Relations
Great article, it will be interesting to look at the implementation of the project as a whole, on paper sounds very good!