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You might wonder! What is the motive of this interesting platform called 4NEW? Stay tuned. The 4NEW reason of coming on board was for the purpose of changing our environmental off dirt and making dirt industry a lucrative one. The bitcoin statistics consumption will give us a great insight why we need a platform like 4NEW in our world. Global warming news reported in our various media outlets where several lives of properties is usually lost due to its effect making it one of the world most reported disaster. The blockchain technology has begins taking the bold step of using gigantic energy consumption. According to reports, a bitcoin need energy for minning to 32.88 United State consumption of household in a day.
However, bitcoin mining for electric use will improve about 29.98% up to a total 0.31% of entire Worlds energy consumption, how will this be sustained in the nearest future? Your guess is as good as mine. 4NEW saw these challenges and provide solution in line with the cryptorrency world, and as such combining waste product and mining top 20 cryptocurrencies. It aims to providing the sustainability, highly profitable mining solution which can serve as benefits.
4NEW is blockchain ecosystem that uses waste process to generating of electricity for individual, companies, and groups. The logic of the ecosystem is built on the basis to decrease the environmental denigration globally and improving the production of electricity.
The surge in price of cryptocurrency was extensively depends on increase in the consumption pattern of the electricity. It is used in farms function for mining purpose. Developing crypto-currencies need constant generating the power, this lead to the surge in electricity uses has become an important factor for the inflating prices of energy.4NEW Project will enable generating electricity by building plants that use differents waste for fuel purpose..
A distinctive feature of the project
Technology support for everyone who join and support the ecosystem.
4NEW will be the first plant created based on blockchain, it will produced about 10 mW of energy hourly, If calculating this in a year, it will be estimate of 346 million kw. After removing the amount of time on equipment maintenance, then yearly production strength will amounts to 300 million kW. This shows the profit margin for the 4NEW members.
4NEW will enable KWATT token. It’s internal currency. It can be equivalent to price of 1 kW of electricity. Recently, some European countries sold 1kW within figure of 0.15 USD. The price will remain as such irrespective of consumption volume.
Participating on 4NEW enables trade generated electricity for profit sake. The KWATT’s tokens is based on smart contracts and it used within the ERC20 site, which was is based on Ethereum technology. Every of such operation will pre-planned so as to performed in a distributed blockchain that ensured the data reliability objective.
In addition, the ecosystem of 4NEW was planned in creating a reliable ecosystem. It’s intends to including the below components :
Looking at the various machineries of the ecosystem, it is no doubt that the profitability of platform will be on the high side. Everyone can enjoy the platform.
Initially, purchase was paused due to the Know-your-customer addition feature and at the end of March the result of the ICO was placed on hold for the final three days, then now open on June 1st at 9am UK time. Presently, you can presently register your account, complete Know-Your-Customer then deposit funds to get for yourself the KWATT token.
4NEW Ecosytem is here to stay to solving energy challenges across the world.The logic of the ecosystem is built on the basis to decrease the environmental denigration around the globe and improving the electric capacity production. Surge in prices of cryptocurrency was extensively depends on increase in the consumption pattern of electricity. It is used in farms function for mining purpose. Developing crypto-currencies need constant generating the power, this lead surge in electric uses has become factor inflating prices energy. 4NEW was planned in creating a reliable ecosystem.
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