It looks as though my questions were overlooked.
Envion would you care to address these please? Many thanks.
—
Good evening envion,
Thank you for taking the time to answer most of my questions, very useful. Please understand that if something SEEMS too good to be true, it usually is, so I have a couple more questions I need to be addressed before I can invest - and obviously with this rate of return I REALLY want to invest - I would appreciate your thoughts on the following:
1) The discounted token purchase price is US$0.70 - but the dividends will be paid in Ethereum. You do not know what the exchange rate from USD to Eth will be on December 1st, and certainly have no idea what the exchange rate will be each week from the end of January when dividends begin. You estimate 161% but when Eth changes in value against the dollar, this return could be far higher, or far lower. If my token holding entitles me to X number of ETH per week - and it's the same number of ETH each week - the value of this return is completely dependent upon the value of ETH at the time. For example if I invest $10,000 you anticipate a return of $16,100 in Year One, but you're paying in Eth which could be worth any amount.
How can you calculate what the rate of return will be?
2) You have only tested one MMU, in a warehouse in Berlin, with a reduced number of processors inside. Deployed MMUs will be in direct sunlight, at 100 degrees Farenheit, or zero degrees in snow, with rain, desert sand, dust, salty sea air, at very high or very low humidity, varying altitudes and air pressure, levels of pollution etc.
How do you know MMUs will perform OK in these conditions without testing?
3) Why is your prototype dashboard only showing a simulation? Where is the real data from actual testing?
4) You will be running Proprietary Operations and Third Party Operations. POs will pay 100% of revenues to token holders. TPOs will pay 35% of revenues to token holders.
What is the benefit of TPOs? Why not run all MMUs as POs?
5) The ICO closes end of December. Dividends begin end of January. This gives you ONE MONTH to clear funds, source components, contract out the manufacture of MMUs, find premises for assembly, purchase and transport containers and components to the factory, find staff and build the MMUs. Then you need to find suitable locations, negotiate and sign contracts with power suppliers, transport the completed MMUs to these locations around the world, test, configure them, complete diagnostics, remedy errors and solve problems which will occur and then begin mining currency and arrange for dividends from these to be paid. All in one month.
How is this possible?
If these questions are satisfied, then I look forward to visiting your operation in Berlin in a couple of weeks and will bring my wallet Smiley
Many thanks,
KaiBosh
Hi KaiBosh. I answered your questions on Telegram, but I'll repost them here.
1.) The ROI is projected in dollars which correspond to the full token price of $1 USD. Regardless of payment method, you will receive tokens based on the exchange rate of your local currency in the case of fiat or crypto to USD. That amount will be the dollar amount invested. The payout will be in ETH and consist of proceeds of mining converted into ETH. If you’re unclear on how the value of Ethereum fits into that, I suggest reading page 51 of the Whitepaper which explains the application of the Ornstein–Uhlenbeck process to model the price of Ethereum.
2.) We perform the same real-world testing and software modeling that hardware designers around the world use when testing their products. By using industrial grade materials and processes, we ensure that our performance benchmarks will work under the same operating conditions as the hardware found in solar parks and wind parks etc.
3.) Our technicians have run additional tests and optimizations during the weeks since going public—in some cases, improving the performance of the mining operation. It would be disruptive to investors if they were to arrive at the website and find the MMU working at below optimal performance or powered down altogether, so we decided a snapshot of the live data would be better than taking the chance of a visitor encountering no data when they came to the page.
4.) The ICO pays for a certain amount of MMUs. 25% of the profits will be reinvested in growing the PO network. That growth is fixed. TPO allows even more growth beyond the number of MMUs built from ICO funds and the 25% reinvestment. In short, it’s an additional mechanism to scale even further beyond the level dictated by the performance of the ICO.
5.) The production line and hardware suppliers were put in place long before we announced our ICO. They are ready to roll starting in January. The user Andy on this channel even contacted one of our advisors to get his input on our preparations and you can find the response reposted on Bitcointalk here:
https://bitcointalksearch.org/topic/m.24716291