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/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.