About 4NEW
4NEW is the first blockchain system related to electricity. The product is so simple because it consists of process reunite organic materials and water to create an energy that catches into the operation of mining farm and process. The cost of energy, get from a revenue that wastes the service collection for a sustainable to get the benefit and many profits. The process of energy is available for sale for the national grid. Actually, 4NEW is very unique. That’s because of the opportunity to apply the lifetime supply of energy to the coin called as KWATT. That is the name of the token in the 4NEW. Every KWATT have one-kilowatt electricity for one year.
In the past time, one kilowatt price is very stable for fifty years around 0,15 dollars. That price continues in the future time through innovative technology. The main point that can not very evaluate is the acceptance of the use of blockchain technology in the world that lead the energy consumption with cryptocurrency. This condition can drive the price for energy across the world.
KWATT Coin of 4NEW
The KWATT coin appears in a capacity for coin. Another company such as GigaWatt is already offered the similar system for mining items with low cost. Generally, KWATT coin is very unique for the coin holder. There is another advantage of the 4NEW platform is an unavailable fee for the charge. The users only pay for the coin. The users are able to get all kind of cryptocurrency for a long time without uses new currency for the energy. The energy is free for the coin holder.
The design of KWATT coin is so difficult. The 4NEW team gives a mining power for a month. To finish that problem, the team decided to have coin appearing for the total capacity of the 4NEW network than using mathematic rate. That method can make 4NEW platform matching the network competitive. That rate is the part of the potential expansion to refill the strategy of the fund. Besides that, the method also makes the users get maximum profit.
The method of 4NEW platform believes at the wasting energy. In that model, the team does a payment for the waste process and then sale the byproducts like the clean water, fertilizer, and organic material. The startup cost for the 4NEW mechanism paid by coin that sale. The plant is paid by cash flow from the collection of revenue and waste sale of previous byproducts. In this case, the 4NEW team will rearrange the portion KWATT coin that will give an additional revenue for moving forward.
There will be a lifetime supply of free energy that will be purchased with the user's coin in the sale. Every revenue generates from the fee facilitation. The company will charge to sell the energy and then apply the crypto mining to farm. The user's coin will allow for the future growth of the strategy. That method will increase the coin. In the past time, the KWATT coin is also called as FRNCoin. That was the same, but the symbol is different.
Website: https://4new.io/
Whitepaper: https://4new.io/wp-content/uploads/2018/07/4New_White_Paper_English-.pdf
Facebook: https://www.facebook.com/4newcoin/
Twitter: https://twitter.com/4newcoin/
Telegram: https://t.me/FRNCoin
Author: Ridwan.P
BountyHive Username: ridwanputra
Link Referral BountyHive: bountyhive.io/r/ridwanputra
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=795655
ETH : 0x8A67E2C8b994B32d73fE24C85dDAb3C88080c2E1
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