I'm still not convinced, mostly over the 161% performance, kinda redflag to me.
https://hacked.com/ico-analysis-envion/VerdictThe streets are whispering. No, the bitcointalk and telegram streets are actually shouting at the top of their lungs about this being a $150 million heist in progress. After going through all their social media with a fine-toothed comb, I counted seven seemingly intelligent people fudding Envion with passion. I cannot validate their claim of hoax. I can however validate their skepticism.
After seeing too many red flags to handle, I took to telegram and asked their representatives a variety of questions. I learned the most from the questions they could not answer, such as:
CWhat’s the name of the production company that is building the MMU’s?”
“Who is going to supply Envion with thousands of ASIC miners, aren’t they always sold out?”
I asked many other questions but persisted with these two for about 36 hours straight. Their reps just delayed answering, and still haven’t except for saying, “you may not get an answer at all, because like I said, we do not comment on our supply line.”
And they do not comment on why they do not comment. They’ve clearly been instructed not to reveal any actual information relating to the project. Another area of questioning they can’t get into is mining stats. They have their one MMU supposedly running in a warehouse somewhere (they won’t reveal where) and it’s confirmed that it’s not actually mining.
I never heard of a company asking for $150 million, and then not revealing any of their business model.
This is odd, and a good example of what I’m talking about. This video debuted on some random YouTuber’s channel. It’s supposedly a random stranger discovering and touring Envions one and only MMU. This MMU is supposed to be operating in a factory somewhere in Germany. The writing on the MMU is English, and the Youtuber who put this video out is from Florida! When asked in telegram about this, the Envion representative quickly produced a detailed story about how the Floridian Youtuber simply stole the video from Envion’s Facebook. When asked “why isn’t this video on their Facebook page?” the rep said, “it just disappeared at the same time it popped up on the Florida guys channel.”
