Re: [ANN][ICO] 4NEW - The World's First tangible Waste to Energy Blockchain

Did anyone watch the live stream interview with the president of 4new? here is a link to that video: https://www.youtube.com/watch?v=ZHulOaBLUYw.

very interesting interview. I have not looked at everything yet, but I have noticed something important, if I understand him correctly, about 145mio tokens are to be burned, which is almost half of all tokens. and because of that they plan to increase the value of the tokens when listing $ 2 to approximately $ 4. That would be amazing!
Can someone confirm that, did I understand that correctly?

4new planning to burn the tokens? Why? I mean pre-listing sales is scheduled for 1-3 June and people are expecting sale will hit hardcap. So I don't think they need to burn the tokens? I have not seen the video, I will check today evening. But if you the reason then please share.

They've said from the beginning that unsold tokens will be burnt. This increase the value of existing tokens and increases the base amount of KW embodied in each token.

The hardcap is at 75 million. I am a huge fan of the project and I am looking forward to the pre-listing sale but I don't expect that they will reach the hardcap in the remaining 3 days because for that more than 30 million have to be raised in only 3 days. So it's good that all the unsold tokens will be burned and not saved for a second ICO or something similarly stupid.