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Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 196. (Read 125691 times)

CWX
jr. member
Activity: 49
Merit: 10
this project still seems to burn alot of power that could be utilized for better uses
newbie
Activity: 56
Merit: 0
I'm interested in investing.
But how will the ICO run?

I buy the EVN tokens and can store them e.g. on myetherwallet.
EVN isn't listed there, are you planing to get listed there?

Where/how do i need to transfer the EVN tokens?

It isn't listed there right now because the token hasn't been generated yet. Once the ICO has happened, you will see your EVN tokens in MyEtherWallet. The tokens are being sent directly to the wallet from which you made your ICO contribution, so you won't need to transfer them. You can just store them on the same wallet.
newbie
Activity: 61
Merit: 0
I'm interested in investing.
But how will the ICO run?

I buy the EVN tokens and can store them e.g. on myetherwallet.
EVN isn't listed there, are you planing to get listed there?

Where/how do i need to transfer the EVN tokens?
newbie
Activity: 56
Merit: 0
I would be carefull with promising returns:

https://dealbreaker.com/2017/12/burn-one-down-for-the-munchee-ico/

Envion has not "promised" any returns. There is a disclaimer on the 161% saying that it is a conservative projection and that the actual returns can fluctuate. Also, it is important to note that Envion is actively accepting the title of "security" and is pursuing all the necessary compliance to be considered as such. We have been promised some more documentation before the ICO on this front.
full member
Activity: 173
Merit: 100
auj
newbie
Activity: 2
Merit: 0
...
Matthias Woestmann is also a CEO at Quadrat Capital for the last 14 years (https://www.linkedin.com/in/matthias-woestmann-b87922119/).
The domain age for Quadrat Capital is just over a year old though.

The history and obscureness of the people heading Envion is highly ambiguous. 
...

Check the German Trade Register ( https://en.wikipedia.org/wiki/German_Trade_Register ) for Quadrat Capital. They are around for ages.

I went to the wikipedia link you had and there is no mention of Quadrat Capital as being around for ages. Searching the company as well doesn't produce any substantial insight.

The earliest record I could find from the German Trade Register for Quadrat Capital GmbH was 07.01.2008
https://www.unternehmensregister.de/ureg/result.html;jsessionid=A935E6229A9462DAA3EA93C25D9FDA3D.web02-1
sr. member
Activity: 882
Merit: 254
Why some of you are so skeptical about this while the team members are real person with real profiles Huh
The project itself is innovative & no other mining project will od what these people intend to do.

The problem with mining is the high costs of electricity, if that is reduced to the minimum, of course the ROI for investors will be huge which is totally " Logic " & there is nothing tricky or HYIP or ponzy about that. By seeing the price rise of BTC, mining business can be in the track again without any problems, actually, it will be profitable again like the first days, week or months when BTC started.
newbie
Activity: 56
Merit: 0
Thanks for your answer.
What is the purpose of making sure they (U.S citizens) are accredited first?
Is the term 'investor' for anyone who wants to put money into this ICO?
Why don't I have to be accredited as a Canadian citizen?

Thanks,

Because the Envion token is a security token and it is better to be SEC compliant. Envion want to be a regulated token, it's pioneer work. If it's regulated no friction happens in the future.
Problems will come to other ICOs as they aren't regulated. There are ICOs where everything had to be reversed.
Look at HydroMiner, they did not do the necessary securities compliance and called their token a utility token with a convoluted business model. Now they have problems.
As a security token, SEC regulations for securities apply.

Interesting article: https://www.coindesk.com/regulated-icos-arrive-overstock-open-exchange-legal-token-trading/

Hmm, what problems do Hydrominer have?

No need to get into major detail here, since it is a forum about Envion and not Hydrominer, but I would suggest that the gist of the problems Hydrominer is having is that they are unable to payout their profits to their tokenholders without being considered a security, which would make their ICO illegal in the first place. A bit of a catch-22 if you get my drift.

And now they are trying to play a dangerous game. They try to avoid being legally responsible by giving away vouchers instead of dividends.

What are the vouchers supposed to do? Cash them in for money? Because that's basically the same thing as a dividend. Or do you use vouchers to buy other cryptocurrencies?
member
Activity: 140
Merit: 12
Highest ROI crypto infrastructure
Thanks for your answer.
What is the purpose of making sure they (U.S citizens) are accredited first?
Is the term 'investor' for anyone who wants to put money into this ICO?
Why don't I have to be accredited as a Canadian citizen?

Thanks,

Because the Envion token is a security token and it is better to be SEC compliant. Envion want to be a regulated token, it's pioneer work. If it's regulated no friction happens in the future.
Problems will come to other ICOs as they aren't regulated. There are ICOs where everything had to be reversed.
Look at HydroMiner, they did not do the necessary securities compliance and called their token a utility token with a convoluted business model. Now they have problems.
As a security token, SEC regulations for securities apply.

Interesting article: https://www.coindesk.com/regulated-icos-arrive-overstock-open-exchange-legal-token-trading/

Hmm, what problems do Hydrominer have?

No need to get into major detail here, since it is a forum about Envion and not Hydrominer, but I would suggest that the gist of the problems Hydrominer is having is that they are unable to payout their profits to their tokenholders without being considered a security, which would make their ICO illegal in the first place. A bit of a catch-22 if you get my drift.

And now they are trying to play a dangerous game. They try to avoid being legally responsible by giving away vouchers instead of dividends.
full member
Activity: 420
Merit: 101
a lot of envion ads appear on my phone, this is a good project sign and quality in my opinion, and I believe this is a useful project in the future
newbie
Activity: 56
Merit: 0
Thanks for your answer.
What is the purpose of making sure they (U.S citizens) are accredited first?
Is the term 'investor' for anyone who wants to put money into this ICO?
Why don't I have to be accredited as a Canadian citizen?

Thanks,

Because the Envion token is a security token and it is better to be SEC compliant. Envion want to be a regulated token, it's pioneer work. If it's regulated no friction happens in the future.
Problems will come to other ICOs as they aren't regulated. There are ICOs where everything had to be reversed.
Look at HydroMiner, they did not do the necessary securities compliance and called their token a utility token with a convoluted business model. Now they have problems.
As a security token, SEC regulations for securities apply.

Interesting article: https://www.coindesk.com/regulated-icos-arrive-overstock-open-exchange-legal-token-trading/

Hmm, what problems do Hydrominer have?

No need to get into major detail here, since it is a forum about Envion and not Hydrominer, but I would suggest that the gist of the problems Hydrominer is having is that they are unable to payout their profits to their tokenholders without being considered a security, which would make their ICO illegal in the first place. A bit of a catch-22 if you get my drift.
newbie
Activity: 56
Merit: 0
Absolute scam! I wouldn't put 1cent in it. There's no roadmap on their website, they use ROI as the main bait for ppl to buy in the project. How can this run against the big players in the market? Why do you need a token for this project, that token will be considered as a security therefore not trade on big exchange. They will be the one getting all the profit from other cryptos while you get paid back in a worthless token. Please enlighten me and convince me I'm wrong

They readily acknowledge that their token will be considered a security, actually. For this, they are doing a full compliance procedure including a prospectus, which means they WILL be able to list on big exchanges. Even regulated ones.
member
Activity: 85
Merit: 10
Thanks for your answer.
What is the purpose of making sure they (U.S citizens) are accredited first?
Is the term 'investor' for anyone who wants to put money into this ICO?
Why don't I have to be accredited as a Canadian citizen?

Thanks,

Because the Envion token is a security token and it is better to be SEC compliant. Envion want to be a regulated token, it's pioneer work. If it's regulated no friction happens in the future.
Problems will come to other ICOs as they aren't regulated. There are ICOs where everything had to be reversed.
Look at HydroMiner, they did not do the necessary securities compliance and called their token a utility token with a convoluted business model. Now they have problems.
As a security token, SEC regulations for securities apply.

Interesting article: https://www.coindesk.com/regulated-icos-arrive-overstock-open-exchange-legal-token-trading/

Hmm, what problems do Hydrominer have?
hero member
Activity: 854
Merit: 500
Will Envio. buy ASIC miners from BitMain?
full member
Activity: 364
Merit: 101
Thanks for your answer.
What is the purpose of making sure they (U.S citizens) are accredited first?
Is the term 'investor' for anyone who wants to put money into this ICO?
Why don't I have to be accredited as a Canadian citizen?

Thanks,

Because the Envion token is a security token and it is better to be SEC compliant. Envion want to be a regulated token, it's pioneer work. If it's regulated no friction happens in the future.
Problems will come to other ICOs as they aren't regulated. There are ICOs where everything had to be reversed.
Look at HydroMiner, they did not do the necessary securities compliance and called their token a utility token with a convoluted business model. Now they have problems.
As a security token, SEC regulations for securities apply.

Interesting article: https://www.coindesk.com/regulated-icos-arrive-overstock-open-exchange-legal-token-trading/
member
Activity: 168
Merit: 12
Thanks for your answer.
What is the purpose of making sure they (U.S citizens) are accredited first?
Is the term 'investor' for anyone who wants to put money into this ICO?
Why don't I have to be accredited as a Canadian citizen?

Thanks,

The SEC would crush any company that would not follow their strict rules. Other security tokens are banned for all US-citizens due to strict SEC rules. Envion is a first mover on this field... Otherwise no US-citizen would be able to purchase tokens over the ICO.
legendary
Activity: 1764
Merit: 1012
The idea of being a shareholder to mining company is a great idea.

The best part is, they will use green energy and they will use it as cheap as possible.
newbie
Activity: 5
Merit: 0
Thanks for your answer.
What is the purpose of making sure they (U.S citizens) are accredited first?
Is the term 'investor' for anyone who wants to put money into this ICO?
Why don't I have to be accredited as a Canadian citizen?

Thanks,
full member
Activity: 364
Merit: 101
I was reading the whitepaper and came across this part:

"In compliance with
Swiss and US security laws, holding a token is strictly limited to three categories of
investors:
-- Investors who
- do not hold a US passport;
- are not in possession of a US Greencard;
- have no residence in the United States.

-- accredited investors under the US Securities Act, Regulation D, Rule 506, i.e.
investors with a networth of more than $1m, excluding their primary residence,
or with a net income of more than $200.000 (if married a combined income of
$300.000).

-- investors whose residency lies in Germany are limited to investments above
200.000?"

So does that mean US citizens can't participate in buying tokens in the pre-sale? How does that benefit the company?
If I am a Canadian citizen without any of the above, I can just use my credit card to buy tokens on Dec 15th?

Thanks

US Investors have to be accredited to participate in the Token Sale. If you are a CAD citizen without any of the above then you are free to participate with credit card, Ethereum or Bitcoin.
newbie
Activity: 5
Merit: 0
I was reading the whitepaper and came across this part:

"In compliance with
Swiss and US security laws, holding a token is strictly limited to three categories of
investors:
-- Investors who
- do not hold a US passport;
- are not in possession of a US Greencard;
- have no residence in the United States.

-- accredited investors under the US Securities Act, Regulation D, Rule 506, i.e.
investors with a networth of more than $1m, excluding their primary residence,
or with a net income of more than $200.000 (if married a combined income of
$300.000).

-- investors whose residency lies in Germany are limited to investments above
200.000?"

So does that mean US citizens can't participate in buying tokens in the pre-sale? How does that benefit the company?
If I am a Canadian citizen without any of the above, I can just use my credit card to buy tokens on Dec 15th?

Thanks
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