Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 213. (Read 125671 times)

Envion is selected by ICO Drops!    See https://icodrops.com/envion/

What the difference between this project and Hydromine?

Well that's going to be as much transparency as we can get if it really is going to happen. Looking forward to it and congrats for the decision.

Good job guys. We have now at least something official.

ANNOUNCEMENT

We have been discussing our agreement with an outside auditing firm on this thread and on our Telegram channel.  In the interest of transparency with our investors during the ICO process and to protect the integrity of future endeavors, we have contracted one of the Big Four auditing firms to audit envion's business operations.  

This firm will supervise our ICO and manage relations with financial regulators including the release of a prospectus that will allow our security token to be traded on even more markets. They will also create reports on a regular basis which confirm that envion is operating in accordance with our public statements and contractual agreements. These reports will be published directly when possible or indirectly via a trusted 3rd party as we are doing with this announcement.

Due to contractual obligations, we cannot reveal the name of our auditor.  However, we wanted to confirm the veracity of our claim for our potential investors and submit to you a notarized confirmation that we have an agreement with a Big Four auditor for the above-mentioned cooperation.

Those familiar with the process of engaging such an auditor know that the process requires significant vetting on the part of the auditor and a commitment from envion to operate honestly and fulfill our obligations to our investors and customers.

someone answered before:


Envion have been in stealth for 2 years before they announced the project. The first generation mining unit and software stack was developed back in 2015. Much has evolved since then.

Patent filing @ DPMA (Germany): 102017125540.0

Envion cannot say when DPMA will post to their website, but that is the application number Envion were given. They hope it’s available to the public soon.

If it's patented there should be no objection to demonstrating it. In fact shouldn't we be able to find the patent on the patent office's website?

They seems to have developed there own patterned cooling system.its yet to be confirmed.no details are available for now.

I find it very surprising that you think that you will somehow be able to remove all that heat with just two relatively small fans. Please post the calculations that show that to be possible.

Also, where are the air filters? You know you need to filter the air, right?

Since I've actually done calculations on air cooling a container filled with miners I can give you a hint: You basically need one whole side of the container filled with air filters and the other side filled with large fans.

I've read somwhere that the first payments will be paid out in January of 2018.

Envion has developed a system of Mobile Mining Units (MMUs) that can tap electricity，Your technical team is really great, really doing the project, looking forward to your achievements in this area

I would still like to know why I cannot see the live data feed or photos/video of the operating unit...and it would be nice to see your team speaking about the project via video...

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Thanks for your interest.  Yes, we have a functional mobile mining unit running not far from our office in Berlin.  You can check the live mining results here: https://www.envion.org/en/mobile-mining-unit/

The best way for a hobby miner to participate is to purchase tokens in the ICO.  Tokens give you dividends on the profits from both the MMUs operated by envion and those operated by 3rd parties. 
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I followed your link to the simulation of your claimed operating mining unit. There is a Live Dashboard tab but it does not work. The simulation tab shows $577 USD OF AVERAGE DAILY REVENUE...but I have no idea what the real live data would show or if the unit is operational, but if roughly $18K of GROSS REVENUE per month is the simulated level, what would be the expected pre-distribution NET REVENUE per month per unit? I'm just doing the simple math and would like to understand how you get to the dividend levels proposed in your offering.

I am in the datacenter biz and while your white paper is compelling, is there video of the operating unit, rather than just of someone looking into the door of a container in the field which is clearly mocked?

Also, can you post your LOIs with the names redacted so we can get a sense of how many you have and at what value? Finally, what further information can you provide on your patents...number and status.

I want to believe but there seem to be more questions than answers at this stage in your development which seems contrary to the claimed maturity of the project.
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The equations used to calculate ROI are complex and would be shared soon. However it translates to 161% averaged over a year. The electricity market is highly fragmented, consisting of thousands of regional subsystems in various jurisdictions where overcapacities alternate with shortages. Due to its nature, electricity overcapacities have been inaccessible and useless to date. Even the smallest overcapacity at a decentral transformer station (>50 KW) can be efficiently used by our units. These factors have been included in the financial model to calculate ROI.

Envion is sending a document to be notarized confirming calculations for performance data, i.e. ROI.  It includes hashpower, power consumption, exchange rates for currencies mined, etc. 

It's all set and going out for approval, so that you can see a third party has seen proof of the data.

Envion have LOIs and are working towards signed agreements. They will have notarized confirmation for you before ICO.

Sign up for the weekly newsletter at envion.org to get the news.
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http://m.nasdaq.com/article/envion-ag-envion-and-fraunhofer-to-start-research-co-operation-20171109-00299

Would a scammer really go to the trouble of reaching out to Research Institute - surely if they are going to be research they are going to want to look at one of these MMUs before signing any agreement. These guys have a big reputation. And then to promote this as a Press Release on the Nasdaq. Wow if they are scammers thats pretty ballsy to have potentially big firms in the US start to look into their business.

To me a scammer would shy away from this imo - keep it on facebook, youtube etc.

How did they commission Fraunhofer if the MMU is not a viable product ?

You work to promote your opinion as the truth whilst the fact is, it is just an opinion only based on inference, just like mine is an opinion, also based on inference. Except I'm not saying mine is the truth I'm saying my point are more logical and make more sense!!

Firstly, yes, defrauding Swiss investors does get people many years in prison. If they were scammers why did they pick one of the most severe countries that does not tolerate investment scams - there are plenty of offshore places you can set up a company?

Secondly, why launch a security token - which will bring down the scrutiny of regulators on your company - seriously as a scammer you want to be under the radar - you would go with a crypto token only surely?

Thirdly, why bother with a well-written 56 page Whitepaper when a 10 page one will do? (The writing is sophisticated and complete)

Fourth, how do you get a prominent business man (Seif Shieshakly) with a reputable, established company that focuses on Lean Manufacturing techniques to vouch for capabilities to run an operation of this scale, if you are a scammer ?

Fifth, why claim a high ROI in first year, when a scammer would claim low ROI in first year and then higher ROI in second and third years ? Surely a scammer would claim low ROI of 20%, which you can pay from investor funds in the first year, whilst making off with the 80% whilst no one is the wiser. Why claim 161% when you know you're going to look like a scammer within 3 months if you dont start making serious earnings payments.

As scammers, they sure are crap at being scammers! OR they are what they say and it is your inferences that are wrong.

They've promised Letters of Intent and Notorised statement from a big4 auditor before the ICO starts. Lets wait for these to become available before deciding on what is the truth ??

Project sounds interesting, but these lie and scam accusations need to be answered...

The truth about the company Envion AG  the facts:

1. What you write is what your Director the founder of the company - you are lying!!!

You wrote on your website: Entrepreneur, investor & media professional. Founder & CEO of energy-focused investment holding. Co-financed €300M solar company.

In fact:

Your Director Matthias Woestmann- the journalist you hired 1 month ago to work in  linkedin.com - is simply Executive Director in Envion AG, He's not invetor , he is not affiliated with solar energy!!!

https://www.linkedin.com/in/matthias-woestmann-b87922119/

Why you hide the founders of the company?

You do not answer the question: who are the founders of the company?

I will send all photos from your founders documents - to see all your lies!!!!!

I sent you a document - investors should see that you lie!!! In this document it is evident that the company was organized less than

 a month ago - 5.10.2017 year. Your Director is only a nominal Director and founder of

 hide!!!! And you lie - that he is the founder of the company -- not very nice!!!!!

2. You started the company less than a month ago - 5.10.2017 year. You hired the whole team a month ago!!!! What kind of work long technology your container you say?

 You're lying again!!!

2.You have not answered-where is your mining??? Where exactly is mining farm?

you can't tell because you don't have one! you cheat!!!

You only have one airbrushed onto the container, which you carry for the video and have a video with a smoke blue))))

3. Your website says: in 2015, So explain to me - how is that possible???

 if you opened your super company has just 5.10.2017 year!!!! Once again you are all lying!!!!!!!

4. You are talking about a profit of 161% per year from your equipment - you are cheating investors!!!!

With your container in the holes - can not how to profit by 161%.(considering the fact that you still need to take the profit)

What you want to say that what you showed container holes in them with a few rows of video cards will be able to bring a profit?
 
Yes, it's all a hoax!!!!!!! And you know that's not true!!!! You have no any technology for mining.

5. You do not call the compute capacity of your container : how many PH/s  MH/s?

 I will tell you - in order for investors have not seen this!

7. You have not performed any testing of the container - you don't have anything other than a container with holes from sewer pipes and a couple of fans!!!

Yet you don't answer me to my questions - you will be considered a fraud perpetrated in Switzerland !!!!


My result, You don't have:

1. Mining farm, there is only 1 container with holes. You do not have the technology, but what you showed is just ridiculous!!!!!

 3. You hide especially of the founder, hired journalist Executive Director

4. You hired all the people a month ago - you do not have any commands in mining

5. You started a company in Zug Switzerland - to give the project importance in the eyes of investors!!!

6. You just want to collect money and all!!!!

I work for honesty! And will not allow me to delete the Telegram for the fact that you can't not answer one my question!!!

INVESTORS - BE CAREFUL . THIS COMPANY HAS NOTHING TO MINING!!!
STOP FOOLING PEOPLE WITH YOUR PROJECT !! FOR DEFRAUDING INVESTORS IN SWITZERLAND - MANY YEARS IN PRISON!!!!!

Hey all, I'm really interested in this, but I have concerns about the financial security definition.  Does anyone know the consequences for holding such securities without qualifying legally? Also does anyone know what kind of turn-around that application to the SEC could take if things run smoothly?

Some important info!

I've been posting on the Telegram forum for Envion (poster Andy)

I contacted Seif Shieshakly who is one of the consultant Team members at Envion. He specialises in Lean Management (i.e. how to run logistics & production in the most efficient way) and I asked him his view on the capability of Envion to deliver. He is the managing partner of Four Principles a well known Lean Management company in Dubai (I used to work in Dubai) - he has a great reputation outside of Envion to protect. I would highly doubt he would put his name against an organisation that is out to scam people and unable to deliver.

He was happy for me to post, on this forum, his written comments to me, quoted verbatim below:

"The Envion team has spent a long time engineering every detail of the mobile mining operation with the goal of mass production in mind. This has been thoroughly discussed and anticipated since day one.

The team is very experienced with regard to what they do. Envion has a mix of very talented people that have to a large degree worked together before and know how to run a mass production operation like this. They have existing connections in China for the mass production of hardware, and already have secured hardware supply of GPUs and coupled with their intimate supply chain knowledge, particularly in Asia, along with their access to high skills sets available in Germany, I believe the capability to ramp up production as well as remotely manage the anticipated high volumes of containers are both there."

On the telegram forum I've asked a number of penetrating questions.

I've checked their business formally exists in Switzerland - yes, its been open for a relatively short time - given you have to state the nature of your business I think this short time frame is not unexpected. I've also run their hash numbers through a mining calc to see they dovetail with the earnings quoted - which they do. I've run some calcs on the number of MMUs and earnings per MMU which convey that once they are all up and running they can deliver the stated ROI. I've confirmed they intend to make fully working MMUs all in China and get them running and earning straight off the production line even before shipping - this one fact makes the ROI much more attainable. In addition they have stated their intent of producing dozens of MMUs in parallel and having all the required MMUs completed within 2 to 4 months from January - the aim being 2 months but 4 months to be sure.

I was very sceptical at first and initially believed this was a scam but scammers do not put their name on the website domain whois, they register domains anonymously and companies offshore out of prying eyes. Switzerland has a reputation for being strict on regulations - you would be nuts to set up a scam company in Switzerland. Scammers do not get a prominent business man such as Seif Shieshakly to give a great open endorsement of their capability - such an endorsement if Envion goes in the crapper or is a scam would kill his business.

Also scammers would not choose to create a security token requiring the listing of the token on a regulated exchange and not on an unregulated crypto exchange. The only reason for creating a security token is because you expect to be making regular payments to the owner of the token - which would definitely get the company in big regulatory trouble if they registered as a crypto only. If it was a scam it would be a crypto token only not a security token with, ironically, a down-played ROI to avoid suspicion ( low ROI to start in year 1 and big promises in years 2 and 3 to give them a year to disappear!).

Lets face it, most people would be interested in a crypto offering ROI of 30%. There are many crypto icos with a 10 page whitepaper and using a free copy of existing publicly available source code and just an idea of developing a coin - these companies have $200M+ valuation on exchanges without anything tangible.

Another aspect to consider is that a company with a security token listed on a regulated exchange can be bought by institutional investors (institutional investors shy away or are prevented from their charter from buying on unregulated exchanges). If Envion are successful in establishing an income stream of anything above 40% the institutional investors will want to buy this security token and will pay a good premium above the $1 (or discounted 70c) buy price, which will only increase if payments continue in years 2 and 3.

Once I see evidence of the letters of intent and notorised confirmation from one of the big4 auditors -  I am ready to invest!!! All this "tyre kicking" confirms to me that they are in it to win it and can deliver on their promises.

Of course, this is my opinion and everyone should obviously also do their own due diligence.
(and No, I'm not from Envion nor have any connection to Envion!!!)

Perfectly put, will be waiting on the answers to these exact questionsm before pulling the trigger!

I'll be waiting for the coveted "Notarized Confirmation."
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