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Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 134. (Read 125669 times)

member
Activity: 233
Merit: 10
more than 100 mill usd already raised, but market just hitbtc ?
how about kucoin or binance ? i think its not hard to be listed on their market with a huge success ICO.
newbie
Activity: 11
Merit: 0
I have it in MEW but are locked on platform to  Cheesy Weird.
full member
Activity: 560
Merit: 106
someone has unloked tokens?
legendary
Activity: 1554
Merit: 1001
I still have my tokens locked on the platform, what is wrong with my EVN token??

Did you successfully complete the KYC process or not. All investors have to complete this process to become eligible for withdraw maybe you have some problem with this process if you submitted your document than you have till become verified.
newbie
Activity: 2
Merit: 0
I still have my tokens locked on the platform, what is wrong with my EVN token??
newbie
Activity: 8
Merit: 0
Return on Invest: 161% per year


Projected annual token profit:
Year 1   $1,610
Year 2   $2,258
Year 3   $3,167
Year 4   $4,442
Year 5   $6,230
Total Profit:   $17,707

They talk about 17,707 dollar profit with an investment of 1000 dollar. That is 17,7x the returnon the orginal capital over 5 years. Not 3.88x. Still no alarm bell? WTF
 


If you had invested 1000 in mining 5 years ago, bought new mining rigs every year with your profit, how much money would you have now? Pretty sure you'd have a lot more than that. To add to that point, Envion doesn't particularly promise that money. They promise to distribute 75% of their mining profits among token holders. That profit might be 0, might be 500% depending on the market and mining difficulty. Why do you think mining rigs are sold out the day they hit the market and resold 4-5x the price second hand? Because mining is that much profitable.

If you would have bought 1000 in coins 5 years ago, and kept them, how much money would you have now? Pretty sure you would also have a lot more then 17K. That does not give me the right to assume this will just continue the next 5 years and put that on my website.

That way, I could start my own ICO, a copy of this page, where you can send your bitcoins to me, and I could say I will buy miners with your money but just do nothing, but show a 17x profit the next 5 years at the front page. Why? Because bitcoin went up at least 17x the past 5 years and so that is my projected profit based on current mining and market conditions. And everyone would believe me and would be fine with that. Wtf is this.

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To add to that point, Envion doesn't particularly promise that money.
No they don't promise that money, they only put it on the homepage and say it is a projected output.

"The above model shows the assumed return using an annual projected token profit based on a 25% reinvestment strategy and current mining difficulty & market conditions."

What do they mean current mining difficulty? The mining difficulty for the past 5 years has exploded. What do they mean current market conditions?
 Where is the detailed calculation? This ico, at least the front page, is full of scam signs. Hopefully they deliver good product.

i think: if the coins will have a real purpose (for example you can run distributed apps on the miner machines in replace for the coins) mining will have higher category...
member
Activity: 154
Merit: 10
The Worlds Most Advanced Distributed Computer
It has been one of the best getting investment projects of recent times. I also think that the price will multiply and will make good money for the investors because the team carries out very good advertising work.
newbie
Activity: 13
Merit: 0
Return on Invest: 161% per year


Projected annual token profit:
Year 1   $1,610
Year 2   $2,258
Year 3   $3,167
Year 4   $4,442
Year 5   $6,230
Total Profit:   $17,707

They talk about 17,707 dollar profit with an investment of 1000 dollar. That is 17,7x the returnon the orginal capital over 5 years. Not 3.88x. Still no alarm bell? WTF
 


If you had invested 1000 in mining 5 years ago, bought new mining rigs every year with your profit, how much money would you have now? Pretty sure you'd have a lot more than that. To add to that point, Envion doesn't particularly promise that money. They promise to distribute 75% of their mining profits among token holders. That profit might be 0, might be 500% depending on the market and mining difficulty. Why do you think mining rigs are sold out the day they hit the market and resold 4-5x the price second hand? Because mining is that much profitable.

If you would have bought 1000 in coins 5 years ago, and kept them, how much money would you have now? Pretty sure you would also have a lot more then 17K. That does not give me the right to assume this will just continue the next 5 years and put that on my website.

That way, I could start my own ICO, a copy of this page, where you can send your bitcoins to me, and I could say I will buy miners with your money but just do nothing, but show a 17x profit the next 5 years at the front page. Why? Because bitcoin went up at least 17x the past 5 years and so that is my projected profit based on current mining and market conditions. And everyone would believe me and would be fine with that. Wtf is this.

Quote
To add to that point, Envion doesn't particularly promise that money.
No they don't promise that money, they only put it on the homepage and say it is a projected output.

"The above model shows the assumed return using an annual projected token profit based on a 25% reinvestment strategy and current mining difficulty & market conditions."

What do they mean current mining difficulty? The mining difficulty for the past 5 years has exploded. What do they mean current market conditions?
 Where is the detailed calculation? This ico, at least the front page, is full of scam signs. Hopefully they deliver good product.
hero member
Activity: 1092
Merit: 511
https://twitter.com/envion_org/status/954016599962464257
New links for all investors who were not supported at IDnow Video-Ident yet will be sent out tonight!
newbie
Activity: 7
Merit: 0
Return on Invest: 161% per year


Projected annual token profit:
Year 1   $1,610
Year 2   $2,258
Year 3   $3,167
Year 4   $4,442
Year 5   $6,230
Total Profit:   $17,707

They talk about 17,707 dollar profit with an investment of 1000 dollar. That is 17,7x the returnon the orginal capital over 5 years. Not 3.88x. Still no alarm bell? WTF
 


If you had invested 1000 in mining 5 years ago, bought new mining rigs every year with your profit, how much money would you have now? Pretty sure you'd have a lot more than that. To add to that point, Envion doesn't particularly promise that money. They promise to distribute 75% of their mining profits among token holders. That profit might be 0, might be 500% depending on the market and mining difficulty. Why do you think mining rigs are sold out the day they hit the market and resold 4-5x the price second hand? Because mining is that much profitable.
newbie
Activity: 168
Merit: 0
so when we will be able to take our token ? when the KYC verification finish and why even kyc on tokens ?

I had my token in my Mew address... some1 know when and where will be in exchange? just to know...

Its a security token paying dividends and all hence why certain countries like the US and Germany were completely left outside and also why KYC procedures were in place.
newbie
Activity: 196
Merit: 0
A company called ENVION created a Mining Contanier. This is like a Rig concept and can be shipped directly to you.
So it become a plug and play container for mining and It works with solar panels. For this reason it give you Access to Cheap Energy.
hero member
Activity: 852
Merit: 500
Just wondering about how will they make things coll in sutch a crowder space in metal containers on probably on outdoors in hot sunny places by the solar plant. Also licenses and put in place fees .. i dont know if it is economically viabel.

Read their 61 page whitepaper. Goes over their patented cooling system.
newbie
Activity: 51
Merit: 0
so when we will be able to take our token ? when the KYC verification finish and why even kyc on tokens ?

I had my token in my Mew address... some1 know when and where will be in exchange? just to know...
sr. member
Activity: 1251
Merit: 295
Palestine
so when we will be able to take our token ? when the KYC verification finish and why even kyc on tokens ?
newbie
Activity: 17
Merit: 0
My tokens are also still "locked" on their platform. No options to move them anywhere. It has been saying "Functionality to transfer tokens that have been purchased with Bitcoin or credit card is coming in the next days". Same text has been there for atleast a week or two. Also they have never asked any ETH adress to receive any profits.

Also i´m bit pissed off, as when investing i needed to do full KYC (including sending pics of my driving licence). Then later i received email that i need to do some video verification again WITHIN 3 DAYS. 3 DAYS? 3 days notice time is very short in my mind, and what´s ridiculous i received this email on friday, and this video id verification service is open only from monday to saturday during working hours. Sunday it´s closed. Well, i struggled to find some time, scrape off paint from my laptop camera, hit, kick and yelled my laptop to get microphone working etc.. But now my driving licence was not valid document anymore (eventhough it was stated that my country driving licence would be valid document for id verification). So i needed to show also my passport during this video interview. This video id proofing service was go.online-ident.ch. If i would knew i need to give all my personal details, driving licence and later also my passport to some random Chinese (i guess) service, i would have concidered if i want to invest in this in the first place.

So far i have given my investment (in BTC) and my full identity. But in return i´ve got nothing. I have no control of my EVN tokens, and they have not asked any adress where they could send me any rewards. This has raised some doubts and made me thinking if my investment (and identity) has been stolen. I hope not for sake of all invested people.
newbie
Activity: 18
Merit: 0
Just wondering about how will they make things coll in sutch a crowder space in metal containers on probably on outdoors in hot sunny places by the solar plant. Also licenses and put in place fees .. i dont know if it is economically viabel.
sr. member
Activity: 588
Merit: 253
Congratulations to team has raised more than $100 millions, I glad as part with this project although only invest with a little ETH.
newbie
Activity: 168
Merit: 0
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Return on Invest: 161% per year

Normally when anyone sees that, all ponzi scheme and scam alerts should go off.
Between reinvestment and usual business a 3.88x returnon the original capital over 5 years(as suggested by the numbers estimated on the page you refer)  isnt infeasible at all.
Maybe you cannot read, go to the website:

Invest $1,000

Projected annual token profit:
Year 1   $1,610
Year 2   $2,258
Year 3   $3,167
Year 4   $4,442
Year 5   $6,230
Total Profit:   $17,707

They talk about 17,707 dollar profit with an investment of 1000 dollar. That is 17,7x the returnon the orginal capital over 5 years. Not 3.88x. Still no alarm bell? WTF
 
I stand corrected. Its a projection anyway and I ll be more than happy with way less than that.

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One of the world’s largest cryptocurrency exchanges, HitBTC, will trade EVN tokens after the envion ICO completes


This thing has 1,5-2 star reviews on all crypto exchange review pages.
World's largest and mediocre reviews arent mutually exclusive features.

That doesn't matter, fact is they list one of the worst exchanges ever. Whatever deceiving name they give then doesn't matter. No they didn't lie, so what? It is a bad exchange so it's still bad.
Worst or not, it IS one of the world's largest and for a token straight off the ICO I wouldn't expect a heavy-hitter exchange listing it already anyway. Progression to larger/better exchanges is always gradual.

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Another aspect is that they assume GPU/ASIC mining is the future for at least the next 5 years.
If tomorrow the main coins are going proof-of-stake or proof-of-capacity, this whole project goes to the drain.
From the "main" mineable coins only ethereum has declared intention to transition to PoS and thats still without a precise ETA.
Bitcoin, LTC, Dash and their forks/clones of the SHA256/Scrypt/X11 algorithm family are years away from even initiating such transition and even if say they were hypothetically PoS tomorrow mining altcoins would still be profitable.
Ethereum is 20% of the main mineable coins, it is even running this token. Power consumption is an issue. The issue is not solved by putting miners next to power plants. The issue is solved by using less wastefull algoritms. That is what will happen and what is happening. 5 years is forever.
What is happening is smaller cap and/or new coins that are still in their infancy/proof of concept phase switching to PoS. The implications of switching to it solely are far greater than you perceive, especially for a 100B+ coin like Ethereum that is also a utility platform used by thousands of tokens etc. Thats why we have only a letter of intent from them declaring a switch to PoS sometime in the future. Plus there will still be 80% remaining that hasnt even declared any intention for such a switch, let alone implement it or release it on their main nets.

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Even the fact they reached exactly 100 million dollars with this ICO starts to ring a bell now.
On the contrary, such an amount can and will lead to economies of scale that will make it easier for them to achieve their goals.
I meant that I am not sure they 'really' got 100 million dollars. They can very much artificially say that. They wouldn't be the first ponzi scam artist to do that.

They can only inflate the fiat deposits they got if they wished to do so, deposits in crypto are transparent though and even you can view them and judge for yourself.
Direct deposits in ETH in their smart contract alone account for 46.735 ETH or a value of ~67mill $ during the time of ICO close (14th of January) so yeah I do believe they really got the totals they claim.
full member
Activity: 584
Merit: 106
Still, nobody is responding to the bounty whether to remove the signature or not, who is the active person in the bounty section in order to ask some question about the project. Can anyone suggest me what is the best way to communicate with the team?

They are very responsive to mails.
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