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?
The token to be utilizing when burning takes place would be compliant with the energy produced. From what you are saying (I did not get to see the live steam yet tbh) burning is guaranteed to take place now right? I mean they raised 42 mil and the hard cap is at 72 mil.
ICO hasn't come to an end yet, remember they are having a Pre-listing sales for three day starting on 1st of June to 3rd of June more tokens will be sold depending on how the sales go token burn will be the next step if tokens remaining after the sales.
That would be great. By burning unsold tokens will increase value of tokens. This procedure really is profitable for tokens holders.
A great incentive on investing in 4NEW is the point above. If all tokens sell - well that's really good news, and if they don't - investors will still be happy due to the coin burn resulting in a instant coin boost per token which is obviously good news for investors
The project may actually not hit the hardcap to succeed, to me they've already started, i think they can work their way up from there, start small and grow big, the good thing is that, 4NEW produces something that the industry needs and something we all use everyday which is power, so the guarantee of them making sales is a sure thing
It's very unlikely that they will reach the hardcap of 75m. But that's not an issue at all. They raised more than 40 million, already a lot more than their softcap was. So they have already a great amount of money to work with and there is still the 3-day-sale to come.