Investing Opportunities Weekly presents: "Power to the People"

in bitcoin •  7 years ago 

Welcome to 4NEW : Introducing The KWATT Coin - Tokenized Electricity

Problem:

  1. We throw away 2.12 billion tonnes of waste globally each year, growing 3% each year – this means we will double our waste output in 25 years.

  2. The world energy supply is around 80 percent reliant on fossil fuel energy. The IEA predicts a rise in global energy demand of 50-60%, and a 50% rise in greenhouse gas emissions by 2030.

  3. Crypto-mining energy consumption growth is exponential. As of March 31, 2018, 1 Bitcoin transaction consumed as much power as 30.5 US households for a day, this is a 500% rise since September 2017.

Solution:

  1. Each of our plants take in 50,000-100,000 tonnes of waste annually, processing it in an environmentally-friendly method, in order to create electricity. Gate fees offset the operational costs of the plants, allowing for free electricity production.

  2. The electricity we produce is constant, year round, and is scalable to any location with human activity. Electricity is either sold to the national grid or applied to operate mining processes at the onsite mining farm.

  3. 4NEW is the world’s first eco-friendly blockchain ecosytem powered by waste to energy power plants. 4New’s ecosystem 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.

Whitepaper: https://4new.io/wp-content/uploads/…/04/4New-WhitePaper_.pdf
Website: https://4new.io/
Roadmap: https://4new.io/#roadmap-scroll

Airdrop: https://medium.com/airdrop-alerts/4new-airdrop-aa48e0c19283

FORM

These guys already have two operational power plants. The total supply of the token is set at 300 million with unsold tokens to be burnt after ICO. Market cap at time of writing this is $42,000,000.

I love the idea of tokenizing energy on the blockchain, making it possible to buy and sell energy via cryptocurrency. Using a blockchain provides great advantages for everyone. Some companies already attempting this include Power Ledger (POWR), WePower (WPR), Electrify.Asia (ELEC), and Restart Energy (MWAT). These guys already have some serious partnerships with multiple countries. Projects like these could make a serious impact on the health of our world by focusing on recyclability and greener energies.

*Disclaimer: This is not financial advice. Do your own research please. I am only presenting information on what I see as an interesting opportunity. This is only my opinion.

Thanks and "Long live the blockchain!"

Tips:
NEO - ARQgiYmykr2q1GhLiYzcDsfBqQLB9m5Gkc
ETH - 0xA342796D16959A066669445b1f174e26a023227F

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @tennesseejedeye! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

SteemitBoard Ranking update - A better rich list comparator
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Congratulations @tennesseejedeye! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!