Hello, I am going to talk about the 4NEW project, which is one of the most beautiful blockchain-based projects you have seen recently and emerged with the slogan of clean and green energy for crypto mining.

I can say that the biggest factor in studying the project is the green environment, which is the environmentally friendly and tangible project of the world that attaches importance to nature.

4NEW is the world's first real environmentally friendly block-ecosystem, the operation of which is provided by power plants that generate energy through the utilization of waste. The concept is quite simple: the process of recycling waste with obtaining water and organic materials allows the generation of energy, which then goes either for sale to state energy networks or is used to manage mining processes on on-site mining farms. 4NEW has a unique opportunity to apply a stock of energy with a limited life to its coin, namely KWATT.

There are many problems the world is currently facing. Among the most important are problems in energy production and waste disposal that pollute the environment. This has doubled and tripled since we moved from the age of agriculture to the age of industry and information technology. The world is always supplied with electricity, and without the consumption of electricity, no work can be done.

The world has not made much progress in energy production methods and we still use fossil fuels to produce the energy we need. Basically, everything is running on electricity and not enough is being produced, and even if it's produced, it harms the environment in one way or another.

We also tend to produce a lot of waste, waste that is normally thrown away and used in no other way. The math is simple, you only have the finite amount of land, but you're constantly generating, d. H. Infinite amount of waste. There is not enough space on earth to simply dump the waste we produce. You may ask since it is waste, what use could it have? Even if there is no waste at first glance, it can be used in a variety of useful ways.

It could be used to generate energy, it could be recycled, it could be converted into a newer product after it was recycled and so on and so forth. The former is of great importance, as renewable raw materials are mostly based on the availability of natural resources and are not cost-effective, profitable and viable everywhere. Only sites with a geographic advantage could benefit from a geothermal facility, and any place on earth can not use this type of renewable resource. This applies to all other natural resources.

With the popularity of cryptocurrencies, the number of users has also increased. Although it has brought about a drastic change in the way we think about money in the broader sense, it is an environmental catastrophe because 1 Bitcoin Transaction draws as much power as 30 US households would consume. The consequences that mining could have on the environment and the world were not taken into account.

This and the fact that the renewable energy market is too fragmented. It's also in its infancy and requires a lot of capital to start. It is not as viable as non-renewable sources and that is one of the reasons why we still use fossil fuels to produce energy and energy, although we are aware of it.

The 4NEW team proudly presents the world's first coin, which embodies electricity. The product is based on the need to address three global and social problems: excess waste, energy shortages and the consumption of an incredible amount of electricity by crypto-currencies.

The block-platform will allow installing KWATT tokens, which for the first time in history will provide operations in the block-network via tokenized electricity. This revolutionary application became possible only with the intention of blocking technology. Given the utilitarian nature of the services, 4NEW successfully integrates the network with real applications in the energy consumption of the crypto community, which will lead to its widespread adoption.

KWATT is a symbol of the 4NEW coin. Each KWATT represents 1 kilowatt of electricity per year.

The KWATT coin will represent a certain amount of hash power per coin. This concept is not new; companies such as Giga Watt have already offered similar products to reduce costs. However, the KWATT coin is unique in its kind. The site does not impose charges on energy, leaving for mining, the only costs for the coin holders are the cost of the coin itself. This means that coin holders will be able to earn all the crypto-currencies throughout their lives, without spending an extra penny to pay bills for electricity. Electricity is free for us, so it's free for coin holders.

The most difficult part of the process of creating a KWATT coin was to identify a model that correlated with the increasing complexity of mining. The team understands that today one hash can represent only half of its mining capacity in a month. To solve this problem, the team decided to make sure that the coin represented a certain part of the total 4NEW networking power and not a fixed math rate.

This concept allows 4NEW to expand its mining capacity to match the competitive rate on the network. This rate of exponential expansion will serve as a predetermined strategy for re-investing funds received through its own 4NEW portfolio, in addition to profits coming from other sources of income. Such a model guarantees not only the durability of free energy but also the longevity of competitive methods of mining.

They plan to move their platform forward with the introduction of 4New (KWATT) tokens based on the Ethereum ERC-20 token standard. The KWATT token is used to denote 1 kilowatt-hour of electricity generated by its power plants. They have successfully completed their pre-ICO and their main sale is currently running on periodic bonuses.

The founders and the rest of the team have sufficient experience in software development, waste management, power management, the blockchain, HR, community management and design. The advisory board consists of renowned and experienced analysts, consultants, software developers, investors, and entrepreneurs, who also contribute their expertise in the fields of power management, waste management, business development, the blockchain, investments, and finance.

You have a unique vision of making Blockchain and Cryptocurrency with Blockchain. They suggest a solution to some problems and allow them to support each other.

They have a great team and an even bigger advisory board, and they seem to keep their promises. They have everything to succeed, and only time will tell if they can do it.