4New ICO — Protecting the investment
If you don’t know about 4NEW Limited by now and what they offer, i’ll start off with a summary, for those of you who do, well done you, stick with me, we have some interesting points to look at.
4NEW is the world’s first eco-friendly, tangible Waste to Energy blockchain solution.
They will target the utility sector which effects every household owner, they will revolutionise the way Waste and Energy wholesale market and they will allow 4NEW Coins towards payments within the 4NEW ecosystem.
How do they do this?
Solving two social problems … Waste surplus and energy shortfall.
The project is founded on real world necessities, this isn’t some gimmick, this is a platform that will be built on top of the underlying treatment infrastructure, covering the entire supply chain from collection of waste to generation of electricity, to the sale of energy units to the national grid or between consumers and industry peers. It’s your one stop shop for waste and energy and can potentially offer the consumer a very nice discount on their bills.
The 4NEW team are currently in their ICO period, with just one week remaining. They have received their soft cap goals and to date have raised more than $30,000,000.
This is a project that will be integrated into the Blockchain. Giving the nature of the services offered and their needs in the widespread world, we believe it’s one that can see full acceptance to wholesalers and consumers. I mean who wouldn’t like to know that their energy is produced in an eco-friendly way and still saved them money on their utility bills?
Can I invest and what do I get in return?
You can still invest but you’ll need to be quick. As I mentioned above, 4NEW are currently in ICO phase which ends in one week. There is a Minimum Investment of 1 ETH or 0.05 BTC or $500 USD to participate in this. As a scale of tokens, 1ETH will obtain you 170 FRNC. To get your FRNC, please visit;
4NEW Coin holders who purchased during 2017 may choose to sell on any of the exchanges at the prevalent market rates at such time.
Another use of the FRNCoin would be to use them for Waste and Energy services once the production plants are up and running.
Protecting the value of the coin
Having spoken with the 4NEW team, I get a sense they’re doing their upmost to hold the value of FRNCoin and try to limit the devaluing of the ICO dump from bounty hunters and those looking to make a quick profit.
A part of this plan is to lock in Insiders and Institutional investors. The Insiders have a 1 year lock up until January 1st 2019 and the Institutional Investors also have a year lock up until January 1st 2019 on 80% of their holdings. The remaining 20% would allow for free trading and this is to the tune of 200,000 coins.
Coins purchased through crowdsale have the rest.
What we know from this is that no Insiders of Institutions will be dumping the coins.
Now the exciting thing about the Institutions is that they helped the utilisation of the coin, they’ve achieved this by facilitating a wealth of new relationships. Healthcare, insurance companies, money transfer companies are all to adopt the 4NEW coin for utilisation in day to day business. These relationships will bring liquidity to the coin which will provide price stability.
This really is an exciting project backed by a great team who genuinely seem to care, not just for themselves, but also their community.
You can find out more about 4NEW from the sources below;
Website
Whitepaper
http://www.4new.co.uk/4new_whitepaper.pdf
Lightpaper
