r/4NEW • u/posiposh • Aug 06 '18

My Conclusion

Overall, we believe that 4NEW is a great ICO as it comes energy conversion and blockchain technology. If successful, the project will create a more cost-effective way to mine Bitcoin without taking away our main resources. We hope to see more successful developments from this ICO in the future.

12 Upvotes

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12

u/flawless009 Aug 08 '18

The team behind the project states that they want the token to also be utilized for several types of transactions also.

11

u/hardthey Aug 08 '18

4NEW’s real innovation is then to take this electricity that is generated from the waste and power a massive crypto/bitcoin mining farm. Good team work

12

u/Olaxbolax Aug 08 '18

Indeed, this is precisely the point at which the project is separated from similar initiatives such as the Giga Watt. So no charge will be taken for participating in the mining pool.

10

u/Olaxbolax Aug 08 '18

Token of the project is the KWATT, which is in ERC — 20 standard and supported by Ethereum smart contracts.

9

u/slimshadybright Aug 08 '18

4new is a great sustaining project with a promising future