4New’s ICO for its utility tokens 4New Coin, is currently going on and set to end on December 15, 2017. 4New has not yet announced any share of corporate profits for the investors since the 4New Coin is a utility token representing sale of future goods and services of 4New platform. However, the coin holders will enjoy a great opportunity to utilize various necessary services such as Waste and Energy bill payments, insurance payments, global money transfers, online pharmacy and telemedicine services, starting 2018. Right after the ICO, the company plans to get listed on all key public exchanges including Bittrex, Cryptopia, and Poloniex.
4New’s first Waste to Energy Conversion plant will provide the waste processing capacity of 72 tons a day of SRF, RDF, tyres, TDF, medical waste, plastics, wood wastes, carpets, chemical waste, oil liquid waste, textiles, animal by-products, raw food packaging and any kind of hazardous as well as non-hazardous waste.
The plant will generate about 120 megawatts of electricity on a daily basis, implying 43,800 megawatts of power generation annually. Also, 4New will obtain insurance coverage for securing its revenue from any technical failure, equipment defect or unpredictable natural calamities.
The Key Features & Benefits
4New is the world’s first eco-friendly, tangible, Waste to Energy blockchain solution, standardizing the Utility Sector by offering services as a wholesaler. It is completely integrated onto a decentralized, distributed ledger, letting all industry players trade waste and energy transaction using 4New Coins.
The 4New Coins are utility tokens having built-in smart contract capabilities. They form a binding relationship between transacting parties and provide value for every transaction. The ledger within 4New ecosystem provides an auditable and immutable record of transaction, ensuring 100% transparency and security. Since all parties see the same ledger entry and the cost of reconciliation, it becomes much easier to control disputes and revenue leakages.
In addition, 4New model streamlines cost to consumers. As localized 4New plants will be established close to urban centers, the transportation and delivery cost related to moving the waste to remote landfill locations can be avoided. There will be minimized carbon footprint of transportation and delivery of the waste, while costs for treatment and maintenance of a landfill sites are nonexistent in this model. This cost reduction will lead the company to charge consumers a discounted price for their products and services, leading to widespread adoption of 4New utility tokens.
4New is going to revolutionize the Waste and Energy industry through its groundbreaking developments it has planned to execute. To know more about the exclusive features and participate in its on-going ICO, please visit https://www.4new.co.uk/