[ANN][ICO] 4NEW - The World's First tangible Waste to Energy Blockchain

[Sozialtourist]

Anybody have some idea or information about when they are starting with their ICO again? Is this already will be in the next phase and higher price or start with where they closed?

First of all I hardly understand why they want to pass the ICO now. Instead they should have continue with the ICO and start with the KYC process in parallel right? Need clarity on this part for sure.

What i was thinking about too.. Why not do all at once if the work force is not enough they have raised enough funds to be able to hire some useful hands that cam speed up the process.

I'm sure the team evaluated their options and for whatever reason came to this decision, most likely to avoid people down the road complaining about a surprise KYC. In the end i'd imagine its a damned if they do damned if they don't situation. That they decided to pull the trigger and get it over with. New companies make misjudgements early on that need to be corrected for, so i guess thats why their trying to do to make sure it doesn't haunt them further down the line.

Well, I find it also a strange decision to just pause the ICO for a while. That might have the risk that people misunderstand the pause for a finish and so lose interest in the ICO. But I am sure they weighted up if it's worth and implementing KYC and AML is also very imporatant.

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[nesh1]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

I think they are going to start somewhere and slowly it will be used by the whole world and the price will go up then which can give you a lot of profit in your electricity bills.

[cryptossi]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

I think they are going to start somewhere and slowly it will be used by the whole world and the price will go up then which can give you a lot of profit in your electricity bills.

It's probably worth reading the white paper or sending some questions over to the Forty Seven Bank team if you want some in-depth answers to your questions, I think they need to start making sure they secure some deals with energy providers before they start offering that service.

[phantam]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

I think they are going to start somewhere and slowly it will be used by the whole world and the price will go up then which can give you a lot of profit in your electricity bills.

It's probably worth reading the white paper or sending some questions over to the Forty Seven Bank team if you want some in-depth answers to your questions, I think they need to start making sure they secure some deals with energy providers before they start offering that service.

It's not trading to pay your electrical bill, your kwatt's are worth a certain amount of power per month, you can choose to sell that power to the UK government and recieve the payout from that (i imagine in ethereum? i dunno), or you can use your kwatt power to run mining hardware to mine the Top X coins, and get the proceeds from that.

Thats how i understand it, but like cryptossi said best way to understand everything is to read over the whitepaper i've been a bit lax with finishing to read it all but from what i've read the above is how i understand it.

[2taps]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

Well as long as the project will be a success then they will probably expand throughout the world.
But first they should focus on hitting the cap and getting more investors don't you think?

[Hendobox]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

Of cause it should be available world wide. That is one benefit we have from the blockchain, anyone can have access to it any day, any time

[Sozialtourist]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

I think they are going to start somewhere and slowly it will be used by the whole world and the price will go up then which can give you a lot of profit in your electricity bills.

It's probably worth reading the white paper or sending some questions over to the Forty Seven Bank team if you want some in-depth answers to your questions, I think they need to start making sure they secure some deals with energy providers before they start offering that service.

It's not trading to pay your electrical bill, your kwatt's are worth a certain amount of power per month, you can choose to sell that power to the UK government and recieve the payout from that (i imagine in ethereum? i dunno), or you can use your kwatt power to run mining hardware to mine the Top X coins, and get the proceeds from that.

Thats how i understand it, but like cryptossi said best way to understand everything is to read over the whitepaper i've been a bit lax with finishing to read it all but from what i've read the above is how i understand it.

I am not sure but I don't think you get paid in Ether.

Net revenues generated from energy sales to the UK national grid will be retained for future plant construction, resulting in additional KWATT distributions for coin holders

From that part, I would say you will get paid in KWATT tokens when you decide to sell your energy to the UK national grid.

[cryptossi]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

I think they are going to start somewhere and slowly it will be used by the whole world and the price will go up then which can give you a lot of profit in your electricity bills.

It's probably worth reading the white paper or sending some questions over to the Forty Seven Bank team if you want some in-depth answers to your questions, I think they need to start making sure they secure some deals with energy providers before they start offering that service.

It's not trading to pay your electrical bill, your kwatt's are worth a certain amount of power per month, you can choose to sell that power to the UK government and recieve the payout from that (i imagine in ethereum? i dunno), or you can use your kwatt power to run mining hardware to mine the Top X coins, and get the proceeds from that.

Thats how i understand it, but like cryptossi said best way to understand everything is to read over the whitepaper i've been a bit lax with finishing to read it all but from what i've read the above is how i understand it.

The UK is supportive of cryptos and bitcoin but I'm pretty sure it won't buy and pay third party unlicensed crypto projects Ethereum, I think investors will be able to trade their energy with 4NEW and 4NEW will pay the investors for selling it back to them.

[rathaha10]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

Of cause it should be available world wide. That is one benefit we have from the blockchain, anyone can have access to it any day, any time

That is probably the best, but don't you think that starting slow and with one country is not the best option ? Well it is the choice of the team we can't do nothing about it, but it sure sounds great.

[girib1684]

Good to see this one more adoption of waste to energy in the US. Today Saratoga and Albany counties unveiled plans for a jointly-owned and funded $45 million.


https://twitter.com/4newcoin/status/979137416941449216?s=19

[ibininja]

The ICO is now stopped / paused until the KYC implementation is done
Unfortunately no further information on the homepage. Instead of the countdown (which has now disappeared), the team could write information about when and how it will continue

Yes, I am also visiting site regularly to see how much token sold till now but information is missing, hope 4NEW team will update us soon. Lets see how much time KYC will take.

Agreed on this one. Is it on hold because of the KYC? are contributions still open? I am confused as to what is going on. Any light to be shed here?

[faulerwilli]

Was back on the homepage to look for a date for the 3day sale. There is no exact information. But you can sign up and then you get an informational mail as soon as the start is fixed

[jamzzz123]

Good to see this one more adoption of waste to energy in the US. Today Saratoga and Albany counties unveiled plans for a jointly-owned and funded $45 million.


https://twitter.com/4newcoin/status/979137416941449216?s=19

Along with this check out this article https://twitter.com/4newcoin/status/979147066990628864

Mine Bitcoin using free energy, yes you can

Very attractive headline and if this was made possible , I can see the whole crypto game changing along with the blockchain technology as it gets further developed and secured.

[utclpn]

I like this concept they are generating energy by using waste. Our environment really need for this. Also Every year 35% of the profit is allocated to the development of additional plants?

[Anilg]

interesting. why the team does not communicate, does not answer questions. and I so wanted to know more about the project.  ;Dcan someone tell?

What kind of questions do you have? if something basic, people here know about it and we can easily answer you. No need of team for that. If you have very specific question and is urgent, you can always ask in telegram.

Telegram is the best platform if you need immediate attention of the Dev team. But i believe this forum gives platform to discuss the things and you might find answer here also in you go through some pages of bitcointalk

[Nathan01]

Anybody have some idea or information about when they are starting with their ICO again? Is this already will be in the next phase and higher price or start with where they closed?

First of all I hardly understand why they want to pass the ICO now. Instead they should have continue with the ICO and start with the KYC process in parallel right? Need clarity on this part for sure.

What i was thinking about too.. Why not do all at once if the work force is not enough they have raised enough funds to be able to hire some useful hands that cam speed up the process.

I'm sure the team evaluated their options and for whatever reason came to this decision, most likely to avoid people down the road complaining about a surprise KYC. In the end i'd imagine its a damned if they do damned if they don't situation. That they decided to pull the trigger and get it over with. New companies make misjudgements early on that need to be corrected for, so i guess thats why their trying to do to make sure it doesn't haunt them further down the line.

They saw ahead of what is to come hence they are just being careful so that it doesn't haunt them like you have rightly put, I think investors will have to be patient and trust them on this

[2taps]

I know that you can trade with KWATT to pay your electricity bills, but is this going to be available in the whole world ? I hope it does.

Of cause it should be available world wide. That is one benefit we have from the blockchain, anyone can have access to it any day, any time

That is probably the best, but don't you think that starting slow and with one country is not the best option ? Well it is the choice of the team we can't do nothing about it, but it sure sounds great.

Well maybe we can do something about what the choices of the team will be. Because if a huge group of people tells them to do something they will probably keep that in mind in their next thing they want to do.

[Cnote328]

4NEW believe that by bringing the entire supply chain of waste-to-energy onto the blockchain it will create economies of scale and greater transparency, bringing prices down for the end consumer and allowing suppliers to scale and innovate faster.

[utclpn]

4NEW believe that by bringing the entire supply chain of waste-to-energy onto the blockchain it will create economies of scale and greater transparency, bringing prices down for the end consumer and allowing suppliers to scale and innovate faster.

Yeah, that things might be possible. Waste to energy can reduce electricity cost and save our nature from heavy pollution and damage of our earth. Lots thing for me still need to study from white paper.

[Hendobox]

By June 2018, the first site is going to be live. Thus, the start of income stream generated from the token utilization.