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4NEW Review

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Revainrating 2.5 out of 5  
Rating 
2.5
Crypto Projects, ERC20

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Description of 4NEW

4NEW is an eco-friendly, tangible, waste to energy blockchain solution. 4NEW Coin functions as a ?Coin as a Service? to industry peers, consumers and early adopters. KWATT Coin holders will be able to apply their energy to one of two places. They can either sell their energy to the UK National Grid, or they can choose to apply it towards 4NEW?s cryptocurrency mining farm.

Reviews

Global ratings 3
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Type of review

Revainrating 3 out of 5

to mine cryptocurrency.

4NEW is environmentally friendly, significant for energy blocking. to industry peers, buyers, and early adopters. QWTT coin owners actually want to use their energy on one of the two points. They can donate their energy to the UK National Network or decide to use 4NEW's cryptocurrency mining farm. At present, 4NEW is priced at $ 0 000470 live, with a 24-hour exchange rate of $ 5,501,055. 4NEW has fallen, now 17%. Current CoinMarketCap location # 2383, live market value $ 28,768.26. It…

Pros
  • He managed to acquire 2 plants.
  • brings in its own income.
Cons
  • I didn’t find the negatives.

Revainrating 2 out of 5

Summarily, the 4New project can be described: "using an energy made from waste…

Summarily, the 4New project can be described: "using an energy made from waste for crypto mining". Collecting waste from our environments to produce electricity which is going to be used in mining both 4New coins which are called Kwatt coin and not only kwatt coins but also used in mining other cryptocurrency due to the large power and energy required to mine cryptocurrencies. 4New have managed to acquire 2 plants in which they are going to use to process the waste and produce their…

Pros
  • - ECO-friendly cryptocurrency. - Cryptocurrency mining for a lifetime. - 4New sounds simple and transmit positive message. - Using KWATT tokens, you can either earn on mining, pay the electrical bills or buy some health care or money transfer services.
Cons
  • - It's a young project so operative results will have effect in medium term. - Difficult to sustain in future. - Strong and aggressive competitors.

Revainrating 1 out of 5

Basically, the idea of 4new is not bad. The idea of converting garbage into…

Basically, the idea of 4new is not bad. The idea of converting garbage into energy and thus mining Bitcoin would have potential. It would create an "ecosystem" that goes hand in hand with the environment and Bitcoin.

Pros
  • Right now, there are no good pros.
Cons
  • The team is completely inexperienced. The members have no high technical knowledge of Bitcoin and neither Ethereum and and have no waste incineration plant as a partnership. Their staking process, which they already offer, promises very high returns, which are not justified in the current process of the company. Your staking option is not linked to a Smartcontract, but the 4new token is simply sent to the 4new Ethereum address. This means that 4new has the full right about the deposited tokens. The Founder Varun Datta has not yet kept any promise regarding the dividend payment nor to disclose the financial situation of the company. In recent months it has come out that the president of the company Saransh Sharma is in prison in the USA. Varun Datta, the founder of the company, has also been entangled in this accusation with various untrue statements that have not yet been clarified. So under the final line: This company has a lot of red flags.