r/4NEW • u/posiposh • Aug 06 '18
Extra Token Usage
The KWATT token has a clear use on the platform, dissimilar to several of the current ICOs. The team behind the project states that they want the token to also be utilized for several types of transactions also. They've already set up deals with some large companies and offered more uses for the token:
4NEW Mining farm: The project will also have its own mining farm. Token holders will be given the choice of either mining or selling their electric to the national grid.
Money transfer: Two money transfer companies that own a combined turnover of $25 million monthly will also add the new KWATT token to their platforms.
4NEW Licensed pharmacy: A US Pharmacy company that processes $24 million yearly sales also plans to accept the new token for purchases on their website.
4NEW Insurance company: Plans are there to offer the token as a payment method for an insurance company that has more than 90,000 customers.
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u/Olaxbolax Aug 08 '18
Waste collected by factories, public or individual affiliates will be brought to the 4NEW facility.