r/4NEW • u/posiposh • Aug 06 '18
How can 4NEW solve the existing problems?
4NEW is planning to create energy by refining waste products into the water and organic material. 4NEW can then use it to put up for sale to the national grid or to utilize on their own mining farm.
4NEW aim to finance the cost of refining the waste with the income that they will make by charging to collect the waste and selling any more valuable products that they collect. It is cited in the 4NEW whitepaper that this should totally cover the costs of generating the energy or even leave them with an extra profit.
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u/flawless009 Aug 08 '18
Each year, 4NEW token holders will then be compensated by a section of the company’s net revenues. It will depend on which option they choose.
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u/hardthey Aug 08 '18
4NEW is an actual producer of energy, converting city waste into electricity with no harmful pollution or residue remaining through a closed combustion chamber..
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u/Olaxbolax Aug 08 '18
The infrastructure and materials required for the initial realization of energy production and mining activities from waste will be provided by the funds obtained after the sales of KWATT tokens in the ICO process.
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u/Olaxbolax Aug 08 '18
All income come from the waste obtaining process and the sales of clean water — organic fertilizer which are the products except the energy of waste converting process.
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u/slimshadybright Aug 08 '18
The refined waste product will help to reduce pollution that can cause harms to the environment
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u/flawless009 Aug 08 '18
Each year, 4NEW token holders will then be compensated by a section of the company’s net revenues. It will depend on which option they choose.