4NEW — Time for Reflection.

Crypto Beef
3 min readDec 12, 2017

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4NEW Limited are in their ICO phase and have now entered the last week, so it seems a fitting time to reflect on the project and take a look at their highlights and why investing is such a good idea.

In case you didn’t know, 4NEW Limited is the world’s first eco-friendly, tangible Waste to Energy solution, built entirely upon the blockchain network.

Investment

  • For 1 ETH, you will receive 170 FRNCoins.
  • Over $30,000,000 have been secured thus far.
  • Minimum Investment of 1 ETH or 0.05 BTC or $500 USD.
  • Insiders have a 1 year lock up until January 1st, 2019.
  • Institutional Investors have a 1 year lock up until January 1st, 2019 on 80% of their holdings. The other 20% is free trading which adds up to 200K coins.
  • Crowdsale investors have the rest.
  • Therefore, no insiders or institutions will be dumping coins.
  • Institutions have helped facilitate utilization of the coin by bringing healthcare relationships, insurance companies, money transfer companies to adopt the 4NEW coin for utilization in day to day business. These relationships will bring liquidity to the coin which will provide price stability by extensions.

You can invest by visiting the below link;

Pipeline

Q1 2018

  • Complete purchase of three 4NEW plant sites with planning permissions & regulatory licsences in places already identified:
    Sheffield, UK — 30 acres
    Hertfordshire, UK — 10 acres
    Newcastle, UK — 5 acres
  • Initiate development of blockchain platform
  • Initiate 4NEW Smart Meter approval process with the UK SMETS 2 protocol.

Q2 2018

  • Begin installation of Waste to Energy Plant on all three sites
  • Complete Blockchain platform integration with 4NEW Smart Meter
  • Martket trial and testing of 4NEW Smart Meter system with Blockchain.

Q3 2018

  • Marketing awareness to bring awareness to 4NEW services
  • Initiate and develop relationships with key aggregators with access to wholesale quantity of waste
  • Stress test or beta test Blockchain platform before going live.

Q4 2018

  • Installation of Waste to Energy Plants complete and facilities operational

General

  • 4NEW deploy a business to business strategy. Their coin will be adopted by an insurance company in 2018 which has over 90,000 members in 1 union alone.
  • Their are talks with a credit card processing merchant that conducts volume greater than Visa and Mastercard combined. (This is not yet a finalized contract).
  • There is a Pedigree Academic Institution affiliation in the pipeline forthcoming which has over 110 years history of excellence.

Latest News: Imperial College of London

In Telegram this week, HUGE news broke, where it has been announced that a formal affiliation with the Imperial College of London has been achieved.
This means that the customised 4NEW blockchain will be developed by the accomplished and accredited faculty of their PhD department with speciality in blockchain development and integration.
As a result of this Dr. Miao Guo will be joining the 4NEW board as an adviser, official press releases of this should be announced in the next few days!
This is a significant step forward for 4New, as they look to built a team that is as exciting as the project is itself.

Sources

You can find out more about 4NEW from the sources below;

Website

http://www.4new.co.uk/

Whitepaper

http://www.4new.co.uk/4new_whitepaper.pdf

Lightpaper

http://www.4new.co.uk/4new_lightpaper.pdf

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