4NEW - The World’s First Eco-Friendly

About 4NEW
Everyday, crypto-mining makes a profit by finding and verifying blockchain transactions. However, due to mining requirements, the process is leaving a huge carbon footprint, one that is much worse than originally expected. As of January 31 2018, Bitcoin energy mining costs have surpassed the energy consumption by the entire country of Iraq.

PROBLEM

As of September 30 2017, 1 Bitcoin transaction consumes as much power as the daily average consumption of 7.5 US households. As of December 31 2017, 1 Bitcoin transaction consumes as much power as the daily average consumption of 10.5 US households. As of January 31 2018, 1 Bitcoin transaction consumes as much power as the daily average consumption of 17.5 US households. Mainstream adoption of cryptocurrencies is not feasible or sustainable at this rate.

What is 4NEW?
4NEW is the world’s first eco-friendly, tangible, waste to energy power plant entirely integrated on the blockchain network and dedicated to crypto-mining.
We collect the waste, process it through a high pressured combustion chamber generating free energy and organic byproducts.
We apply this free energy to an onsite crypto-mining farm resolving the achilles heel of cryptocurrencies; voracious energy consumption met with free energy production.

We are producers of energy, NOT an energy exchange platform.

Collect & Process Waste

Through relationships fostered by 4NEW team members over three decades within the waste and energy industries, we RECEIVE waste from aggregators enabling us to keep our waste collection costs nominal.

Free Energy

Through a proven waste to energy technical process that is implemented successfully in utilization across multiple countries, 4NEW is positioned to generate free energy. Waste to Energy treatment plants are successfully generating power over the past 60 years in North America and Europe.

Blockchain

It will enable coin holders to loan or stake their coins on a quarterly basis. The coins represent electricity on the blockchain available for utilization by miners. Miners will have the ability to utilize staked energy, as represented by the coin, to process transactions within the top 20 cryptocurrencies.

Revolutionize & Standardize Three Industries

We will provide a blockchain platform that will enable decentralized, peer to peer transactions whereby production of energy can directly meet the consumption of energy globally. We will revolutionize the industries of Waste, Energy and Crypto-mining ushering a new era.

Why Blockchain?
Cryptocurrency transactions fees are calculated based on the amount of energy consumed in mining the currency. This is called the hash rate. During periods of high transaction volume, greater amount of energy is consumed to transact even nominal amounts of currency. This causes the cost of transactions to spike.

4NEW enjoys a unique vantage point to generate and apply its free energy towards crypto-mining. This will enable standardization of transaction fees within the crypto community.

This standardization of fees cannot be matched by any other blockchain as they have to purchase their energy from power plants at retail prices.

4NEW will usher the global widespread, mainstream utilization of cryptocurrencies.

What is the KWATT Coin?

1 KWATT Coin embodies within it 1 kilowatt of electricity.
Therefore, the KWATT Coin is tokenized electricity.
The KWATT Coin embodies a lifetime supply of electricity produced by the power plant and represents a Power Purchase Agreement between the token holder and 4NEW as represented by the ERC20 smart contract. Historically, Power Purchase Agreements were only available to bulk buyers of energy directly from power plants at wholesale prices.

ICO Process
4NEW will never authorize any additional coin issuance over the three hundred million coin hard cap. Therefore, all 4NEW plant sites will rely on the coin supply issued in the ICO. Each year, 35% of profits are allocated towards the development of additional plants. This will increase business longevity and scalability.

4NEW Insiders and Founders will be restricted from selling any coins until January 1, 2019. Any KWATT Coins not sold in the offering will be burned. All burned tokens will release their stored up energy, allowing unencumbered energy to be freely sold to the UK national grid or applied towards the mining farm at management’s discretion.

Management, at its sole discretion, may decide to extend the ICO end date indefinitely.

Valuation

Pricing

Each KWATT Coin is equal to 1 kW of electricity.
The global average retail price of electricity is $0.15 per kW.
The global average wholesale price of electricity is $0.05 per kW.
The 4NEW mining operation will pay $0.20 per kW. Therefore, each coin represents an intrinsic value of $0.20 per kW of electricity.
All energy generated by the plant will be owned by KWATT Coin holders.
KWATT Coin holders can either sell their energy to the UK national grid or apply it to 4NEW’s mining farm.
Net revenues generated from energy sales to the crypto mining farm will be distributed in cryptocurrencies to coin holders annually.
Net revenues generated from energy sales to the UK national grid will be retained for future plant construction, resulting in additional KWATT distributions for coin holders.

What can you do with your KWATT Coins?

The KWATT Coin is an Ethereum ERC20 smart contract that represents a power purchase agreement between the token holder and 4NEW.

Stake It

In 2018, you can stake KWATT to apply your electricity towards crypto mining transactions.

Trade It

In 2018, you can trade KWATT to pay for electric bills.

Utilize It

In 2018. you can utilize KWATT for global healthcare and money transfer services.

We accept

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

Q1 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 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

POWER PLANT, BLOCKCHAIN AND MINING FARM FULLY OPERATIONAL.

Q2 2019

COMPLETION OF SECOND WASTE TO ENERGY PLANT AND SCALING OF 4NEW’S OPERATIONAL GROWTH.

TEAM

With the right team in place, success is assured. We’ve assembled the finest group of industry experts in blockchain, energy, business, and marketing to produce a platform built for achievement. Hailing from all over the world, 4NEW is being guided by the best the industry has to offer.

ADVISOR