4NEW (FRNC) ICO review
4NEW is the world’s first eco-friendly, tangible, waste to energy power plant entirely integrated on the blockchain network and dedicated to crypto-mining. We collect the waste, process it through a high pressured combustion chamber generating free energy and organic byproducts. We apply this free energy to an onsite crypto-mining farm resolving the achilles heel of cryptocurrencies; voracious energy consumption met with free energy production. We are producers of energy, NOT an energy exchange platform.
Our product is grounded in necessities, solving two social problems, waste surplus and energy shortfall. Our blockchain platform will be built on top of the underlying treatment infrastructure covering the entire supply chain from collection of waste to generation of electricity to sale of energy units to the national grid or between consumers and industry peers.
Given the utilitarian nature of our services, it is our belief that 4NEW will successfully integrate the blockchain network within the real-world applications of waste to energy conversion with widespread acceptance.