Quote from: Darkoth89 on August 03, 2018, 04:16:11 PM

Quote from: cryptossi on August 03, 2018, 03:05:40 PM

Quote from: jamzzz123 on August 03, 2018, 02:34:30 PM

Quote from: Darkoth89 on August 03, 2018, 11:47:51 AM

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)

Jesus, that is some really good news for the 4NEW project, I'm looking forward to the coin burn reducing the supply down to 150million which isn't much at all for such a big scale planned project.

22 Plants in the next 5 years, that would be a nice achievement - as more and more plants are being created, this will obviously cause the token value to increase as there is more of a demand and a restricted ( soon-to-be) 150million tokens only in circulation.

The first two WTE plants are in Middlesbrough & Hartlepool, will all 22 plants be based in the UK or are they looking at moving operations to other countries?

I saw the article on VentureBeat that mentioned the 4NEW team are speaking to the governments in St. Lucia and Puerto Rico about their waste problems and there are ongoing discussions to see if either country would consider 4NEW as an option for managing their countries waste.

I just wanted to know if there were any other announcements/news about other potential areas the project might expand into?

Article Link: https://venturebeat.com/2018/07/23/shtcoins-4new-lands-30-million-to-turn-waste-into-cryptocurrency/

I believe they are talking about India as a possibility as well from what I can gather in Telegram. Puerto Rico has a bit of a reputation as a crypto hub at the moment (as it's tax free for Crypto to my understanding.. 'There are no federal personal income taxes, no capital gains tax and decent business taxes for Americans in Puerto Rico' Souce: https://www.news.com.au/travel/world-travel/central-america/puertopia-the-new-crypto-utopia-for-billionaires/news-story/49d1e6e1ad2df05a6cbf07dbbf466127) so that would be a fantastic place to have a plant setup for both parties involved.

I didn't realise Puerto Rico was a tax-haven for cryptocurrency, that's big news if 4NEW can sort out a deal there. Most of their earnings would be tax free which is a very exciting prospect as 4NEW could be potentially turning over millions out there.