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Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 202. (Read 125694 times)

newbie
Activity: 35
Merit: 0
I actually mine with a rival of yours, I must tell you, if you reinvest 25% of your proceeds in the hardware I would say you are not going anywhere, I mean it takes about 15 months to break even on average, and then you have another say 8 months or 10 with earnings then you need to replace the hardware. Sure there are better months, but since the whole industry becomes larger it is to be assumed that profits will be less. So with 25% of proceeds, IMHO, there is no way to replace the rigs.

Also can someone please tell me if the company really believes that there is a 161% ROI for the investor, that reminds me the example with the king and the beggar and the rice, in no time every investor would have more money as there is money in the whole world...

hero member
Activity: 502
Merit: 500
"Highest ROI crypto infrastructure"
here a articel from btcecho for the german speaker about Envion: Mobile Mining Units
this can help more trader or interessant people to understand the target of this project!

https://www.btc-echo.de/25543-2/
member
Activity: 70
Merit: 10
Hi team, good news that the project has attracted some large investors. But please explain one thing to me, a potential small investor - I thought that the only way you plan to collect the money to start the project is via ICO, and that you are planning to distribute 100% of the profit to token holders. However, if you get other large investments outside the ICO, how would you distribute the profits then? Then it wouldn't be 100% of profits to token holders, as the large investors outside the ICO would also want their part of profit? Please explain.

Hi there.  

The ICO is essential to the success of envion, but the envion machine has more moving parts to it.  Envion distributes 100% of profits from Proprietary Operations (PO)—where envion owns and operates Mobile Mining Units—with our token holders.

If that were the only line of business, there would be no money to run the company.

The other part of the business is Third-Party Operations (TPO)—where a customer purchases MMUs and envion operates and maintains the mining units.  Envion distributes 35% of profits from TPO mining operations.  This has always been where envion's operating revenue comes from.

There are some important things to note about the difference between these two revenue streams:

First, the growth rate for PO is more or less fixed because there is a one-time investment, the ICO, and a 25% reinvestment policy that written into the smart contract.  Once the production run of PO MMUs financed by the ICO are deployed, growth will be steady at 25% forever.

Second, the growth rate for TPO is not fixed.  The more customers that want to purchase MMUs, the greater the growth of profits for envion AND for token holders who earn 35% of the TPO mining operations revenue.  This growth rate is infinite and PO is isolated from it.  That means if it grows, token holders earn more money. If it shrinks, PO will never be threatened—they are two separate business arms and, as indicated in the whitepaper, a separate business entity—a subsidiary of envion AG—will even be created to manage PO.

Lastly and most importantly, these are not two competing business divisions.  The PO MMUs will be the first to roll of the production line and the first to be deployed and installed.  The TPO units will only help to further corner the market and assure that envion gets the best deals, continues to innovate our product, and becomes and indispensable service provider to blockchain-dependent industries.

So this is a positive development for token holders.  More investment in the company means a healthier envion and a larger TPO operation which will increase dividends.  That was always part of the plan and now it's just happening faster than we could have imagined.

Tl:dr Token holders profit's are fixed for PO.  TPO growth is unlimited and token holders get 35% of TPO mining operations—that's the part that will scale much faster via these new deals.  There is no competition between the two.

Thanx for this answer Envion. We were discussing this very exact issue yesterday and wanted to post/ask it - but now we have the answer.

I do have one other question if you don't mind answering: As we have more MMUs running, the difficulty level of mining will probably increase. If we sell more MMUs to third parties, the mining difficulty will increase more and more. Is there some "sweet spot" where you will level off with the selling and production of more MMUs in order for your existing MMUs to remain effective and profitable? I know its difficult to answer as we know difficulty will increase anyway - whether Envion is there or not, but obviously we don't want to hang ourself with our own rope.
If this questions has already been asked, I apologise for the repetition, just show me the link and I will read the answer there.
Thanx
 

Hi.  I think the issue is less of a sweet spot in terms of planning for difficulty than the eventual growth in other blockchain infrastructure needs.  As mining becomes less profitable, other uses for our computational infrastructure will be more cost effective.  Whatever service the PO MMU's provide will bring profits to token holders.  Billions of dollars are being invested into blockchain technologies and they will all need reliable, enterprise-grade hardware infrastructure.

However, that's still far in the future.  We have already calculated difficulty into our model and you can see the Mining Excellence section of the whitepaper for more details.  Since we are capable of mining many different coins, we can also just mine what is profitable with the equipment we have.  All of these decisions are made dynamically based on the config of an individual unit and current market data.
hero member
Activity: 698
Merit: 500
Free Speech is the most important thing.
damn this is a pretty amazing idea and I'm actually pretty staggered that nobody has attempted it in the past, would you say you're similar to other projects? I am actually genuinely curious to know which projects He would say that you're the most similar to.
member
Activity: 70
Merit: 10
Envion is selected by ICO Drops!  Cheesy  See https://icodrops.com/envion/

According to ICO Drops, Envion scores MEDIUM considering everything. They score the Hype Rate very high, the risk rate normal, but the ROI rate low. This is the information on 1 Dec 2017 at https://icodrops.com/envion/.

I am a little surprised about the ROI rate. Envion is claiming 161%. We all know the proof is in the pudding, but I would love to know why Coin Drops is rating the ROI low. Coin Drops don't motivate why they give these scores. According to them the ROI Rate is defined as follows:
"This parameter shows how much the token can grow after its exchanges entering. It means short-term and medium-term growth. The parameter depends on the ICO conditions and results of similar category projects in the past."
Maybe it's the past failures keeping the ROI score low?

Except for the ROI rate, I think Coin Drops are happy with Envion.


We just published very detailed information on our ROI—which actually went up from when we published whitepaper.

Check it out here: https://medium.com/@envion/exemplary-hardware-specifications-kpis-of-envions-mmu-ff5fb77cd5da
newbie
Activity: 8
Merit: 0
Is there any bounty program.

The bounty program can be found right at the top of this thread. The bounty allocation is as follows:

Bounty Allocation:
25% Signature Bounty
20% Translation Bounty
15% Twitter Bounty
15% Facebook Bounty
15% Telegram Bounty
10% Blog Bounty

I think the translation bounty is already closed, but I think you can still aim for the rest. Good luck!


newbie
Activity: 8
Merit: 0
Envion is selected by ICO Drops!  Cheesy  See https://icodrops.com/envion/

According to ICO Drops, Envion scores MEDIUM considering everything. They score the Hype Rate very high, the risk rate normal, but the ROI rate low. This is the information on 1 Dec 2017 at https://icodrops.com/envion/.

I am a little surprised about the ROI rate. Envion is claiming 161%. We all know the proof is in the pudding, but I would love to know why Coin Drops is rating the ROI low. Coin Drops don't motivate why they give these scores. According to them the ROI Rate is defined as follows:
"This parameter shows how much the token can grow after its exchanges entering. It means short-term and medium-term growth. The parameter depends on the ICO conditions and results of similar category projects in the past."
Maybe it's the past failures keeping the ROI score low?

Except for the ROI rate, I think Coin Drops are happy with Envion.

newbie
Activity: 8
Merit: 0
I think Envion will be the best ICO of mining equipment. All the others are not even close to what Envion is going to offer. not even close.

It is very reassuring to see a Hero Member with that amount of posts/experience to be of this opinion. It says a lot. I am very interested to see what happens in the following year. I believe Envion has all the software and hardware to back up their claims and business model. Let's what happens.
newbie
Activity: 8
Merit: 0
Hi team, good news that the project has attracted some large investors. But please explain one thing to me, a potential small investor - I thought that the only way you plan to collect the money to start the project is via ICO, and that you are planning to distribute 100% of the profit to token holders. However, if you get other large investments outside the ICO, how would you distribute the profits then? Then it wouldn't be 100% of profits to token holders, as the large investors outside the ICO would also want their part of profit? Please explain.

Hi there.  

The ICO is essential to the success of envion, but the envion machine has more moving parts to it.  Envion distributes 100% of profits from Proprietary Operations (PO)—where envion owns and operates Mobile Mining Units—with our token holders.

If that were the only line of business, there would be no money to run the company.

The other part of the business is Third-Party Operations (TPO)—where a customer purchases MMUs and envion operates and maintains the mining units.  Envion distributes 35% of profits from TPO mining operations.  This has always been where envion's operating revenue comes from.

There are some important things to note about the difference between these two revenue streams:

First, the growth rate for PO is more or less fixed because there is a one-time investment, the ICO, and a 25% reinvestment policy that written into the smart contract.  Once the production run of PO MMUs financed by the ICO are deployed, growth will be steady at 25% forever.

Second, the growth rate for TPO is not fixed.  The more customers that want to purchase MMUs, the greater the growth of profits for envion AND for token holders who earn 35% of the TPO mining operations revenue.  This growth rate is infinite and PO is isolated from it.  That means if it grows, token holders earn more money. If it shrinks, PO will never be threatened—they are two separate business arms and, as indicated in the whitepaper, a separate business entity—a subsidiary of envion AG—will even be created to manage PO.

Lastly and most importantly, these are not two competing business divisions.  The PO MMUs will be the first to roll of the production line and the first to be deployed and installed.  The TPO units will only help to further corner the market and assure that envion gets the best deals, continues to innovate our product, and becomes and indispensable service provider to blockchain-dependent industries.

So this is a positive development for token holders.  More investment in the company means a healthier envion and a larger TPO operation which will increase dividends.  That was always part of the plan and now it's just happening faster than we could have imagined.

Tl:dr Token holders profit's are fixed for PO.  TPO growth is unlimited and token holders get 35% of TPO mining operations—that's the part that will scale much faster via these new deals.  There is no competition between the two.

Thanx for this answer Envion. We were discussing this very exact issue yesterday and wanted to post/ask it - but now we have the answer.

I do have one other question if you don't mind answering: As we have more MMUs running, the difficulty level of mining will probably increase. If we sell more MMUs to third parties, the mining difficulty will increase more and more. Is there some "sweet spot" where you will level off with the selling and production of more MMUs in order for your existing MMUs to remain effective and profitable? I know its difficult to answer as we know difficulty will increase anyway - whether Envion is there or not, but obviously we don't want to hang ourself with our own rope.
If this questions has already been asked, I apologise for the repetition, just show me the link and I will read the answer there.
Thanx
 
newbie
Activity: 8
Merit: 0
One question.
When ICO start there is high possibility that everyone will not be able to buy tokens as much as we want.

How will you deal with it. I mean, you said that we will have to register first and than transfer our eth. So what if i transfer my eth and theere is no any token left for example?

And one more thing, after we register can we make payment that second or we need to wait for account verification?

Hi Vlalonca,

We hope that everyone who wants to purchase tokens gets to buy them, but there is a distinct possibility at this point—with more than 70,000 sign-ups for the pre-sale alone—that tokens will sell out before the end of the ICO sales period.

Tokens are generated instantly when your payment is received.  If there are no more tokens, then your transaction will not be completed and your ether will be refunded to you instantly. 

I have an update on KYC process and registration:

Whitelisted users should be able to pre-register by the end of next week.  You will also be able to start KYC process.  For 90% of users, that will be almost instant.  For the remaining 10%, that could take 1-2 days depending on the number of requests congesting the system.  A very small number might need to be manually verified and that could take longer.

The accreditation process for US and German investors will take a bit longer as eligibility will need to be manually reviewed—that could take 1-2 weeks.

For users coming to the website for the first time on the day of the sale, the registration process will not include a verification email and you can go straight to purchase.

After you've made your purchase, you can follow the status of your purchase on your dashboard.  It will be clear that your tokens have been generated for you and are locked until you pass all the KYC/AML (and possibly accreditation) checks.

Thank you for complete and fast answer.


Yes thank you for this information. I have not contemplated yet that there might not be enough tokens for all the buyers, but it is good to see that are systems in place if that would to happen. I think if you are really interested in buying, speed is the name of the game. Get the tokens you want as fast as possible.


newbie
Activity: 14
Merit: 0
One question.
When ICO start there is high possibility that everyone will not be able to buy tokens as much as we want.

How will you deal with it. I mean, you said that we will have to register first and than transfer our eth. So what if i transfer my eth and theere is no any token left for example?

And one more thing, after we register can we make payment that second or we need to wait for account verification?

Hi Vlalonca,

We hope that everyone who wants to purchase tokens gets to buy them, but there is a distinct possibility at this point—with more than 70,000 sign-ups for the pre-sale alone—that tokens will sell out before the end of the ICO sales period.

Tokens are generated instantly when your payment is received.  If there are no more tokens, then your transaction will not be completed and your ether will be refunded to you instantly. 

I have an update on KYC process and registration:

Whitelisted users should be able to pre-register by the end of next week.  You will also be able to start KYC process.  For 90% of users, that will be almost instant.  For the remaining 10%, that could take 1-2 days depending on the number of requests congesting the system.  A very small number might need to be manually verified and that could take longer.

The accreditation process for US and German investors will take a bit longer as eligibility will need to be manually reviewed—that could take 1-2 weeks.

For users coming to the website for the first time on the day of the sale, the registration process will not include a verification email and you can go straight to purchase.

After you've made your purchase, you can follow the status of your purchase on your dashboard.  It will be clear that your tokens have been generated for you and are locked until you pass all the KYC/AML (and possibly accreditation) checks.

Thank you for complete and fast answer.
newbie
Activity: 23
Merit: 0
I think Envion will be the best ICO of mining equipment. All the others are not even close to what Envion is going to offer. not even close.

and I "think" that superman is stronger than superman.
arguments are there?
member
Activity: 350
Merit: 10
The blueprint of ENVION is very attractive. The market has huge profits. It seems to attract some big money to intervene. It's worth investing. Let's see it. Cool
member
Activity: 140
Merit: 10
When is the go-live time?
member
Activity: 70
Merit: 10
One question.
When ICO start there is high possibility that everyone will not be able to buy tokens as much as we want.

How will you deal with it. I mean, you said that we will have to register first and than transfer our eth. So what if i transfer my eth and theere is no any token left for example?

And one more thing, after we register can we make payment that second or we need to wait for account verification?

Hi Vlalonca,

We hope that everyone who wants to purchase tokens gets to buy them, but there is a distinct possibility at this point—with more than 70,000 sign-ups for the pre-sale alone—that tokens will sell out before the end of the ICO sales period.

Tokens are generated instantly when your payment is received.  If there are no more tokens, then your transaction will not be completed and your ether will be refunded to you instantly. 

I have an update on KYC process and registration:

Whitelisted users should be able to pre-register by the end of next week.  You will also be able to start KYC process.  For 90% of users, that will be almost instant.  For the remaining 10%, that could take 1-2 days depending on the number of requests congesting the system.  A very small number might need to be manually verified and that could take longer.

The accreditation process for US and German investors will take a bit longer as eligibility will need to be manually reviewed—that could take 1-2 weeks.

For users coming to the website for the first time on the day of the sale, the registration process will not include a verification email and you can go straight to purchase.

After you've made your purchase, you can follow the status of your purchase on your dashboard.  It will be clear that your tokens have been generated for you and are locked until you pass all the KYC/AML (and possibly accreditation) checks.
newbie
Activity: 14
Merit: 0
One question.
When ICO start there is high possibility that everyone will not be able to buy tokens as much as we want.

How will you deal with it. I mean, you said that we will have to register first and than transfer our eth. So what if i transfer my eth and theere is no any token left for example?

And one more thing, after we register can we make payment that second or we need to wait for account verification?
member
Activity: 70
Merit: 10
member
Activity: 70
Merit: 10
Hi team, good news that the project has attracted some large investors. But please explain one thing to me, a potential small investor - I thought that the only way you plan to collect the money to start the project is via ICO, and that you are planning to distribute 100% of the profit to token holders. However, if you get other large investments outside the ICO, how would you distribute the profits then? Then it wouldn't be 100% of profits to token holders, as the large investors outside the ICO would also want their part of profit? Please explain.

Hi there. 

The ICO is essential to the success of envion, but the envion machine has more moving parts to it.  Envion distributes 100% of profits from Proprietary Operations (PO)—where envion owns and operates Mobile Mining Units—with our token holders.

If that were the only line of business, there would be no money to run the company.

The other part of the business is Third-Party Operations (TPO)—where a customer purchases MMUs and envion operates and maintains the mining units.  Envion distributes 35% of profits from TPO mining operations.  This has always been where envion's operating revenue comes from.

There are some important things to note about the difference between these two revenue streams:

First, the growth rate for PO is more or less fixed because there is a one-time investment, the ICO, and a 25% reinvestment policy that written into the smart contract.  Once the production run of PO MMUs financed by the ICO are deployed, growth will be steady at 25% forever.

Second, the growth rate for TPO is not fixed.  The more customers that want to purchase MMUs, the greater the growth of profits for envion AND for token holders who earn 35% of the TPO mining operations revenue.  This growth rate is infinite and PO is isolated from it.  That means if it grows, token holders earn more money. If it shrinks, PO will never be threatened—they are two separate business arms and, as indicated in the whitepaper, a separate business entity—a subsidiary of envion AG—will even be created to manage PO.

Lastly and most importantly, these are not two competing business divisions.  The PO MMUs will be the first to roll of the production line and the first to be deployed and installed.  The TPO units will only help to further corner the market and assure that envion gets the best deals, continues to innovate our product, and becomes and indispensable service provider to blockchain-dependent industries.

So this is a positive development for token holders.  More investment in the company means a healthier envion and a larger TPO operation which will increase dividends.  That was always part of the plan and now it's just happening faster than we could have imagined.

Tl:dr Token holders profit's are fixed for PO.  TPO growth is unlimited and token holders get 35% of TPO mining operations—that's the part that will scale much faster via these new deals.  There is no competition between the two.
full member
Activity: 350
Merit: 100
i have been following this project from the onset, it is actually a great project but at this point envion won't achieve the expected mass involvement couse of the verification terms... please do something fast before its too late.
newbie
Activity: 54
Merit: 0
Sorry for the poor english guys. I corrected some mistakes but I guess there are still some in there. English is not my native language
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