4NEW – NEW Electricity for a NEW Better World
The Problem
Electricity is used all over the civilized world. Only a few parts of it, populated by tribes, do not use electricity and any other means to generate it. However, the consumption of electricity increases day by day as people use more and more electric devices that have not been invented twenty years ago: computers, smartphones, laptops, televisions, etc.
Yet electricity is generated only by using oil and coal, hydro power and nuclear power. The main source of electricity production is from the burning of coal and oil, which has a disastrous effects both on the environment and the economy. Hydro power is a modern approach to generate electricity and to avoid ecological problems in the same time, but there are numerous issues to be solved to become widespread. Nuclear power was said to be the next great invention, but it turns out that it brings immense long-term environmental pollution risks. In addition, its production is expensive with high risks of accidents.
The Solution
It was a high time a working solution to be created that can satisfy people’s needs of electricity and save Mother Earth. 4NEW is the first environmentally friendly, blockchain based ecosystem that can produce electric energy from refining waste product into water and organic materials. The production cost is met through the marginal profit or the revenue generated from the waste collection services. Consequently, the electricity produced could be sold to the national grid or available for utilization.
The consumption of electric power has increased a lot throughout the last 50 years and it is expected this trend to continue in the future. Since the creation of bitcoin in 2009, the consumption of energy increased drastically. Bitcoin mining mania has already increased the prices of GPUs, but the greater thread is the pushing up the prices of electricity. The more valuable one bitcoin is, the more power will be used to mine that coin. 4NEW provides not only a solution to an issue that will make easier people’s lives, but also will prevent humanity from shortage of energy supply to environmental destruction.
Team
The 4NEW found the finest experts from all over the world in blockchain, business, marketing and energy in order to create the best platform so far. The organization of the company is split into Management Team and Advisory Team. This structure allows more precise coordination and monitoring to be performed.
The Management Team consists of 9 professionals with a long-standing work experience in their fields. They have knowledge and analytical skills to lead the project to success. V Datta is the founder and the chairman of the board. The role of the CEO of the company is entrusted to Sandeep Golechha.
Forming a team of advisors should be evaluated carefully in order to ensure that expectations are set properly and potentially future problems are addressed in advance to widen odds of success. The president of the team is Saransh Sharma.
Community
4NEW tries to reach as many people as possible with its revolutionary idea. It is important to engage more people and ecological organizations, because it is a world problem that has to be solved sooner or later. 4NEW is the very first that enlighten this issue and invest all of its resources both human and technological to offer the best solution. Social media channels give a stage to show your ideas. Here is a list of the community the company has successfully established till now:
• Facebook – 7 199 followers;
• Twitter – 1 759 followers;
• Instagram – 509 followers;
• Telegram – 5 142 members;
• LinkedIn – 82 followers;
• Medium – 74 followers;
• YouTube – more than 245 total views.
Roadmap
The solid business path a company creates shows its strong vision and mission. On the following roadmap, you can find detailed information regarding its beginning and the direction of its business development.
Pre-ICO / ICO
The most important campaigns for every blockchain company:
Pre-sale started in October 2017 and ended on December 15th, 2017.
The initial sale started on January 19th, 2018 and ends on March 31st, 2018.
Website Review
The official website has attractive design with a lot of electricity related symbol. Thus, users can easily memorize the main idea of the company. On the upper side, there is a tab with buttons of the roadmap, whitepaper, token, mining, etc. and each one of them redirects to a new site. In my opinion, this is more convenient than to be redirected to the specific part, position above or below on one page.
Whitepaper Review
The whitepaper consists of 27 pages, which is a good sign as it shows that the company managed to explain all the details regarding the idea and its realization into a smaller volume. However, a great disadvantage is the lack of ‘Table of Contents’. It is absolutely mandatory for every official document to have a table of contents, because the interested parties can easily access particular chapters of the whitepaper.
What I Liked Most About 4NEW
4NEW is not just a company that produces goods or services that will be demanded by the publics. It created a revolutionary product that not only will influence people’s finances, but also will make the world a better place. It is a socially oriented company that will change the energy industry and this is the spark needed to make other companies be competitive with even better solutions.
Disclosure: This article is participating in the ICO Bounty Media Campaign for reward. Please be advised that everything written in the article is my personal opinion and it is NOT investment advice.
4NEW Official Website: https://4new.io/
4NEW Whitepaper: https://4new.io/wp-content/uploads/2018/03/4NEW-WhitePaper.pdf
Username at Bitcointalk: RoonyBlack
Profile at Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1702358