Just putting this out there; only 19 hours left for the 10% bonus. Looks like this phase (phase 3) was a good one for bittwatt. There should be only one phase left (phase 4) let us see what happens in the next hours.
I will urge people to seize this great opportunity and participate, before the 10% bonus comes to an end, hopefully the phase 4 the project will hit the hardcap. It’s always exciting to watch the last few hours of stages like this as theirs normally a bunch of last minute purchases that bump the numbers up for last minute bonus seekers I’d imagine this is the same I think hardcap will get darn near close if not hit The last 5.5 hours with 10% bonus are already running. I've been thinking about investing a few times over the past few days, and have now decided to use the bonus and still invest. I have great hope in Bittwatt, I think that will be a big project in the future Nice, welcome to the club  I invested a little after I saw the announcement about the partnership between the energy company. Im going to hold off buying more for now, want to see what else they release. There are rumors that they want to announce a very large partnership in the near future. but I do not know anything. I'm really curious maybe we will be annoyed that we did not invest more :-) I hope they announce who they are partnering with, there are lots of advantages that comes with having a partnership with a company. Hope to get more information from the Dev soon. I am eagerly looking out for that news. I totally agree with you partnerships would really ignite things. They seem to have been executing well thus far let us see how the expansion happens too. |
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Vanig is focusing on accepting only VANIG tokens and fiat as part of first product roll out. BTC and other top crypto's will be planned for later roll outs.
I understand where they are coming from and it's quite good... Make the platform accustomed to Vanig or fiat and with time integrate other payment features, so customers gets to know dealing in Vanig is basically with Vanig token... Nice initiate it also makes a constant demand for the vanig tokens if they are the only way of buying from the site, that's always good. For the upcoming MVP next week they will only accept VANIG tokens. I think they will still be on testnet and the idea of the MVP is to reflect the idea they have and show the follow of the system. We should be looking at a beta sometime after. Either case I hope conversion to VANIG would be made easy to simplify the purchase and access to the token. |
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I see that this project has a short roadmap that is not going to be taking long to complete. I like that, because some on some projects it will take a few years to start their project.
Well I imagine the roadmap is their initial plan theirs nothing to stop them to continuing beyond the initial roadmap which I’d imagine is the case as for something like this their will of course be ongoing development and tweaks to the platform as the project hardware and software goes on I think many of the business aspects will come to shine once they are operational and the plan would be adjusted to the changes and to the new information that arise from their operations. So far they seem to have had a really good start with their plan. Let us see how it will progress. I honestly would love to know where the system is at right now. |
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That is a reasonable expansion plan given they were able to pull 2 plants so far. If they 2 plants break even expansion would not be a problem. I think it would all down to the available funds to actually start those otherwise it going to take longer until the business is sustainable.
The concept is solid, its just for them to maintain the cash flow and reinvestment plan to expand additional plants, i'd like to see them modernize the plants as they go along for the plants they buy instead of build as i'd imagine they aren't exactly the most modern platforms, can't wait to see some videos with the plants flying the 4new logo big and bold. Are they really buying all the plants? I don't know how much you have to pay for a working waste-to-energy plant but I can imagine it to be quite a lot. Maybe partnerships with other plant-operating companies could be a cheaper solution? To my knowdledve their purchasing them, that’s why it’s 2 to start that’s what they budgeted for and the. Eventually they will reinvest from the first plants to expand the number of plants that they have to grow the business as part of the reinvestments Okay, I see. Owning the plants definitely has its benefits, too. I am just wondering how they will manage to have enough money to buy up to 22 more plants in the future. Will they reinvest their part of the profit from the first 2 (3) plants completely into new plants? It is not going to be an easy one. My personal opinion on this is that they will need to generate enough from the first two plants. or seek investments. Keep in mind that running the plants is not really that costly given the raw or core material is for free (waste). When I say not that costly I mean they usually don't end up spending as much as the traditional energy factories. |
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I just came to know about this project so don't have clear idea. I will check whitepaper and other documents for more info. But I always wanted to take professional help for crypto trading. It's seems that finally I found something interesting.
That's right, before investing in a particular project you should study all the documents of the draft, this will significantly reduce the risks. Yes, i was actually going through the whitepaper and i noticed that the first version of the platform was launched in Macau China earlier this year, so that means they already have a working platform, now this is getting interesting, so it simply means that the prime objective of this project is basically to raise funds for the accomplishment of an already working platform They have had successful projects run through them. I was surprised quantstamp was one that run through them. I think most of their operations so far is in china and currently are looking into expanding to the US. |
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I think energy market needs a platform like Bittwatt, where producer and consumer benefit from the collaboration. And the platform is also accessible free for all participants.
I honestly never knew energy markets were this big; I am not sure how the platform would actually work but this would really mean a new market for users to trader energy without having to actually try to get contracts and all. We could actually see new business thrive on this idea alone. The industry is actually big, as population is increasing by the day, hence the constant need for energy, so is like the population increase is directly related to the wants of energy and it goes all the way, from individuals, industries, firms, etc, is like an insatiable need out there and bittwatt is here to help solve the issue, as governments alone can not accomplish this task I think would actually enable many industries; You can get your electricity supply cheaper given the competition and faster given the available supplier for the suppliers it means faster delivery and more money. Being able to quickly settle deals means being able to quickly sell hence quickly get paid. |
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Great project with solid team background composition. Hoping for your miner in desktop is friendly to both x32 bit and X64 bit system. So excited to try this. Goodluck team.! to the moon!
It should be very friendly to at least the 32bit OS version if not all. Since, the 64bit can efficiently run the 32bit apps. Also I think there are more of windows users than Mac OS users thus they just have to make sure the guys their best on windows. I am not sure what programming language they have used or are using in the system but I am guessing it is a cross platform one something like python or java. I've seen their twitter post of the hardware device they are working but am still waiting for news on the software and where it is at. I think the miner will be compatible with both the x32 bit and X64 bit system. Anyways I'm waiting for the release date and also is there a demo or video illustrating how this works It doesn't really matter the fact is their aren't much in the way of 32bit only system anymore even IOT devices are mostly 64bit i'd imagine we'll see them try to support as many platforms as possible just to allow as wide a deployment as possible to cover as much possible market as they can, in the end its the software that matters and how it functions not the hardware as much thats required. Agreed it does not really matter generally speaking if they are not dependent on some third party libraries then those need to comfort to the architecture but generally speaking it is not really a pain generating executable for both parties. Plus the bitfence hardware is on PI/linux so ya. |
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I think energy market needs a platform like Bittwatt, where producer and consumer benefit from the collaboration. And the platform is also accessible free for all participants.
I honestly never knew energy markets were this big; I am not sure how the platform would actually work but this would really mean a new market for users to trader energy without having to actually try to get contracts and all. We could actually see new business thrive on this idea alone. |
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Vanig is focusing on accepting only VANIG tokens and fiat as part of first product roll out. BTC and other top crypto's will be planned for later roll outs.
Im glad to hear it, I was a bit concerned hearing just VANIG tokens accepted, but I did think they would roll it out shortly. I guess it's good to test the product before it even gets rolled out to prevent bugs Accepting fiat and their own is a a good way to both give vanig an intrinsic value against fiat but also allows them to focus down their work before they go expanding to who knows how many other currencies that would require wallets running and integration works. Vanig and FIAT both enough I think for initial stage. Most of the transaction will be done using Vanig tokens only I think. Rewards and cashback will be in Vanig tokens. Is there any discount if you pay with VANIG Tokens instead of Fiat? because then a lot of people would want to buy their product with their Tokens. That's a good question. Finally, you get paid the reward in tokens. I think it would be a good idea if you only get it when you pay in tokens. That would be good for the price of the token and therefore good for us investors You will have a lot of advantages if you pay with Vanig Token. On page 23 of the whitepaper you have table, there is a comparison between other companies and Vanig platform. The fees on Vanig platform are splitted in fiat and Vanig Token payment. This would explain why its alot more benefical paying with Vanig token, thanks for the spot whitepaper link is here: https://vanig.io/assets/pdfs/vanig-whitepaper-v-2.7.pdfImpressive 8-11% total average overall fees in comparion to Amazon at 17%-20% That is a good way to utilize the token and provide incentive to using the token. I think if they adopter a mechanism that automatically or easily converts other popular coins to VANIG that would be really great for the project. |
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I read on the Bitfence site that you can pay with ETH, BTC, LTC, DASH in order to get coins, but if you pay with LTC will you get the coins also immediately or is that only if you pay with ETH ?
Good question I don’t see why it would be different between the various coins I’d imagine they would just rely on transaction confirmations before issuing the new tokens I think since Bitfence is using the ethereum network then it's only normal to get a faster confirmation and Token issuing since it's still within same infrastructure, however I can't really establish the condition for ltc I know some other projects that also pay nearly instantly when you pay with ETH, and they also use Ethereum network. It would be awesome if it also worked with the other payment coins. I am also not sure but I have seen few projects delaying tokens distribution if payment is done using fiat currency. But we should ask this question in telegram channel to get confirmation. It does not matter if some of us receive them a little bit later because at the end you will receive your Tokens anyway so just have patience. I think delaying may cause issues; especially enthusiastic hands. You would want people to stay excited and motivated about the token; I have seen ico delay distribution the community dies before they receive the token. I think this aspect should be considered. |
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Do I understand correctly that you have already acquired 2 plants? thanks to everyone who answers, but tell me, is the manager on the phone? or is it worth writing to them in a telegram?
Yeah, there is already 2 plants on site and 2 more planned to be purchased and trust me you will get faster reply in there telegram here https://web.telegram.org/#/im?p=@FRNCoin and the president is quite active there Manager and their team has been pretty responsive the few times i've asked questions in the chat, only few times at odd hours i had to wait a while and they still eventually got back to me which was cool It's impressive seeing a project so active and taking prompt action, acquiring and implement 2 plants already which are already operational as we speak. Will look forward to seeing the progression on this one in 2018 I get the feeling they were able to pull of the quick turn around because they raised so much so fast, thats the good part of crypto once they get the crypto its available to use and spend, they dont have to wait for checks to clear or wire transfers to process from investors, they just get the crypto and can then do with it as they please to make commitments like the plant purchases. Yup, two plants already producing 10 MW of energy together, with plans for 22 plants in total in the next 5 years! 22 power plants in the next 5 years? you must be kidding! And in all there should be mining farms? These must be unimaginable hashrates, and we ICO investors are going to earn us golden noses! (if there is this proverb in English) Really? 22 more power plants are planned? But these won't be all new plants but partnerships with already operating ones, right? Do we already know the locations these "22 plants" are going to be? in the UK? or in EU that would give us a lot of profit. Probably most of them will be in UK, because they will be starting there first, and then i hope that they will extend it to other countries as well. Extension to other countries is a sure thing but they need to gain balance and a rock hard foundation before doing such, it will take some years because as a new project, they need to recuperate their expenses, take care of investors and satisfy the needs of consumers, once the stated targets has been achieved, 4NEW can be termed successful and the migration to other countries or areas can begin 4NEW planned to build 22 power plants in next 5 years? I missed this information. That's really cool. In this case I think within next 5 year 4NEW tokens will be at very high price. That is a reasonable expansion plan given they were able to pull 2 plants so far. If they 2 plants break even expansion would not be a problem. I think it would all down to the available funds to actually start those otherwise it going to take longer until the business is sustainable. |
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They seem to have a working product that is still in closed. The CTO is Alvin Wang and seems to have had quite the experience working for Google. It also seem has worked for VISA. I am curious why they chosen Stellar for their platform though.
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From what I understand it is kickstarter for crypto. I haven't dived much into yet to fully understand the difference between it and competition like kickico (is it a competition anyway?)
Just swifted through the CTO seems quite experienced having worked for Google.
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Just putting this out there; only 19 hours left for the 10% bonus. Looks like this phase (phase 3) was a good one for bittwatt. There should be only one phase left (phase 4) let us see what happens in the next hours.
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Anyone has an idea of how the mvp would be opened to the public? I understand it is next week however I am curious if we will be able to purchase items off it? would it be functional MVP? I think if it allows purchases that would be a real success.
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Great project with solid team background composition. Hoping for your miner in desktop is friendly to both x32 bit and X64 bit system. So excited to try this. Goodluck team.! to the moon!
It should be very friendly to at least the 32bit OS version if not all. Since, the 64bit can efficiently run the 32bit apps. Also I think there are more of windows users than Mac OS users thus they just have to make sure the guys their best on windows. I am not sure what programming language they have used or are using in the system but I am guessing it is a cross platform one something like python or java. I've seen their twitter post of the hardware device they are working but am still waiting for news on the software and where it is at. |
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I think if there is not much technological improvement then this service only grows in one country?
I on the other hand think this project can actually operate as a stand alone without depending on any form of external factor or improvements as long as they have the necessary tools they need That is the thing with waste and this business model. You need waste to operate and since it is free you don't really spend much other than the facility. Unlike the traditional power generation methods where you need gas to fuel the power generators...etc So this model moves to where the waste is easily accessible and available. |
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I had read through the White Paper
This is a very promising and awesome project.
Welcome to 4NEW community. Even though you are bit late to come here, still not that late and you did not miss the bus completely. Pre-listing sale is coming up if you want to add this gem to your portfolio. It will also last for few days only. I think the sale is a great opp for those that did not get into this earlier. either case even if the sale was missed; we are hopping to see some good exchanges at least medium size ones. |
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I read on the Bitfence site that you can pay with ETH, BTC, LTC, DASH in order to get coins, but if you pay with LTC will you get the coins also immediately or is that only if you pay with ETH ?
Good question I don’t see why it would be different between the various coins I’d imagine they would just rely on transaction confirmations before issuing the new tokens I think since Bitfence is using the ethereum network then it's only normal to get a faster confirmation and Token issuing since it's still within same infrastructure, however I can't really establish the condition for ltc What do you mean when you said you can't figure the condition behind ltc? does it have a special condition to contributing. At anycase it is easier to trade to eth and invest in eth. or what am I missing in all of this? |
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Do I understand correctly that you have already acquired 2 plants? thanks to everyone who answers, but tell me, is the manager on the phone? or is it worth writing to them in a telegram?
Yeah, there is already 2 plants on site and 2 more planned to be purchased and trust me you will get faster reply in there telegram here https://web.telegram.org/#/im?p=@FRNCoin and the president is quite active there Manager and their team has been pretty responsive the few times i've asked questions in the chat, only few times at odd hours i had to wait a while and they still eventually got back to me which was cool It's impressive seeing a project so active and taking prompt action, acquiring and implement 2 plants already which are already operational as we speak. Will look forward to seeing the progression on this one in 2018 I get the feeling they were able to pull of the quick turn around because they raised so much so fast, thats the good part of crypto once they get the crypto its available to use and spend, they dont have to wait for checks to clear or wire transfers to process from investors, they just get the crypto and can then do with it as they please to make commitments like the plant purchases. It would be interesting seeing the plants in action; from what I have been reading they are already selling to the national grid. I am not sure if both plants output is sold to the national grid or not. Anyone has the information? |
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