Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 4NEW - The World's First tangible Waste to Energy Blockchain
by
Darkoth89
on 03/08/2018, 11:47:51 UTC
I will definitely participate and write to all twitter followers. The prices are really nice, I would not mind a second car

Haha well if everything works out you will be buying a fourth car. But on a serious note it's great to see other people that are supporters of KWATT, theres so many different parts of this project that would attract your attention, for me its that we can use our tokens to mine on the platform and earn LTC, ETH and even BTC. It's a great project and they have put some real thought into how the tokens can benefit investors.

I love the idea of waste to energy to mineable currency for me ... I'm only really interested in LTC, ETH and BTC, the rest of the top 20 I just don't see earning me or one day breaking out as such

To be completely honest, I wasn't even aware you could earn LTC, ETH and BTC just from staking on the platform - excuse my knowledge but please tell me the source with this information on? I am very keen to read this and bloody awesome if that is true.

Yeh the tokens you hold you can use for mining at the plant .. It touches on it ion the lightpaper and i'm sure goes into more in the whitepaper.

Light: https://4new.io/wp-content/uploads/2018/07/4NEW-Light-Paper_new.pdf
White: https://4new.io/wp-content/uploads/2018/07/4New_White_Paper_English-.pdf

Yup, essentially there is two options when it comes to your KWATT tokens:

1) Sell to the grid
2) 'Stake' your power towards mining cryptos.

(just an FYI, you're gonna wanna go for option 2.  Trying to find the article now, but In it Varun said it's at least 4x more profitable than selling to the grid)

It's also worth noting that the current supply of 300m tokens (Soon to be 150m in the next seven days with the burn) is all there will ever be.  This means that any additional plants added to the project, will have their power added to the existing tokens, no new ones will be issued, and with the team planning on reaching 22 plants in the next 5 years, I think its going to pay to hold. (The tokens are about to go from 1 Kilowatt hour value to 2 Kilowatt hour value in the burn already, future plants will add to this)