4NEW - The World's First Eco-Friendly, Tangible Waste to Energy Blockchain Solution, 4NEW Limited is proud to announce the Initial Coin Offering of the world's first ever Waste to Energy treatment facility entirely integrated on the blockchain network.
THE 4NEW INTRODUCTION
4NEW Limited is the world’s first blockchain integrated Waste to Energy public utility treatment plant. 4NEW will revolutionize Waste and Energy industries by offering services as a wholesaler within the Utilities sector that is fully integrated onto an open source, decentralized public exchange enabling consumers and industry peers alike to trade their 4NEW Coins towards payments within the 4NEW ecosystem.
Our product is grounded in necessities, solving two social problems, waste surplus and energy shortfall. Our blockchain platform will be built on top of the underlying treatment infrastructure covering the entire supply chain from collection of waste to generation of electricity to sale of energy units to the national grid or between consumers and industry peers. Given the utilitarian nature of our services, it is our belief that 4NEW will successfully integrate the blockchain network within the real-world applications of waste to energy conversion with widespread acceptance.
THE 4NEW BLOCKCHAIN INTEGRATION
The 4NEW decentralized, distributed ledger is where all actors in the industry will be able to trade for waste and energy transactions, using the 4NEW Coins as the currency. The 4NEW coins are utility tokens with smart contract capabilities built in. The coins are smart contracts which establish a binding relationship between transacting parties and provide a value for each transaction. The ledger provides an immutable and auditable journal of all transactions related to purchase and sale of energy and waste. With all parties to each transaction being able to see the same ledger entry, costs of reconciliation and potential issue of disputes and revenue leakage are controlled to a very large extent. This will standardize two industries that are yearning for technological innovation. This will also enable 4NEW Coin to become the global currency between peers and consumers for all energy and waste services.
THE 4NEW COIN UTILITY ANALYSIS
It is our projection, that the first year of operational status in 2019 should result in a total demand of 75 Million USD worth of 4NEW coins. This trading volume will facilitate a very liquid, stable and fluid market for our coins. As the demand for 4NEW’s goods and services grow, so does the demand for 4NEW Coins leading to increased liquidity. With the ability to increase energy output capacity at 4NEW plants each year, there will be new supply of energy introduced into the marketplace. Therefore, 4NEW will always have transparency and visibility of supply available of its goods and services which will enable us to determine the demand for our goods and services. This transparency and constant demand will facilitate a stable price with a liquid trading volume for the 4NEW Coin.
THE 4NEW TOKENOMICS
- The total token offering is for three hundred million coins (300,000,000). This is a hard cap limit for the crowd sale offering.
- One hundred million coins (100,000,000) are allocated to each plant site. If only one plant site is launched then the remainder two hundred million coins (200,000,000) will be placed in corporate treasury until such time as the management team is ready to acquire additional properties to build additional plants.
- 4NEW will never authorize any additional coins issuance over and above the three hundred millions coins being launched in this initial coin offering. Therefore, any future growth in 4NEW plant sites will always rely on the supply of the coins being issued in this offering.
- We only need to sell twenty five million coins in order to set up our first plant, making the project viable.
- 4NEW Coin holders purchasing in the pre-sale and the live launch in 2017 may choose to sell on any of the exchanges at the prevalent market rates at such time.
- 4NEW Insiders and Founders will be restricted from selling any coins until January 1st, 2019.
- On a per plant basis, any 4NEW coins not sold in theoffering will be burned. For the avoidance of doubt, If only 50 Million coins are sold then 25 Million coins will be collected by Insiders and the balance 25 Million coins will be burned. for the two other plants, two hundred million coins will be reserved in Treasury for future building purposes.
- Traditionally, liquid coins, which are in high demand and trade at a premium on public exchanges, experience 25% liquidity in the currency. 4NEW’s anticipated sales per annum from all ancillary services will be 75 Million USD approximately per plant. Therefore, with a free float of 75 million coins per plant, there will be 100% buying demand for 4NEW per year or in other words 4 times the liquidity than the average coin that is in high demand.
- This document and any other 4NEW documents do not constitute a prospectus of any sort and are not a solicitation for investment. The 4NEW Coin does not represent an ownership or share in ANY public or private corporation, or other entity in any jurisdiction. Acquisitions of 4NEW through the initial coin offering are non-refundable. 4NEW Coins are only to be used in connection with 4NEW goods and services within its ecosystem only. Any acquisition and use of 4NEW Coins carries significant financial risk, including the use of experimental software.
THE 4NEW COIN OFFERING
- 17th October to 23rd October, 2017
- 1 ETH = 264 FRNC (55% BONUS COINS)
- 24th October to 31st October, 2017
- 1 ETH = 242 FRNC (40% BONUS COINS)
- 1st November to 14th November, 2017
- 1 ETH = 220 FRNC (30% BONUS COINS)
- 15th November to December 15th, 2017
- 1 ETH = 170 FRNC
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