Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 214. (Read 125592 times)

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


Many thanks,

KaiBosh

Give it a rest maaaaaaaaaaaaaaan...seriously...like a bloody parrot

da fuq is your problem man .. go to bed kid get some sleep u are annoing

ENVION -------You did not answer my one question!!!!


1.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))))

2. What you could do a patent if your company only 1 month?     - you're all lying!!!!

3. 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!

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 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 2 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!!!!!

I have seen videos.  I found the address on the website.  The FAQ answers many questions.  The admins on Telegram are knowledgeable and helpful.  The team is attending a German Energy Conference.  They have offered for people to make an appointment and stop by their offices.  The founders seem well known with successful work histories.  The research does not seem to hard to do.  Best of luck! 

Hi gabrielepopa. 

We'll get you some more detailed team info shortly.

Our office in Berlin is on Franklinstr. 11.  Our operational mining unit is in a factory in Berlin Spandau, a suburb of Berlin.  We are organizing a visit for investors that will likely happen next week.  We posted several photos from it while talking to people on Telegram and answering questions last week and we'll do a livestream when our community director goes back in the coming days. 

Hello!
Dividends?
This is already interesting!
Thanks for the answer!
I have one more question.
I heard that you are collaborating with the famous German research institute
Where can I check this information?
Thank you!

The simple fact that the ownership of the company is concealed to the investors should be taken as example for the transparency that this project has with the community of bitcointalk.

We do not even know the location of their facility or where this mining container is operating either, nor pictures or videos where the team members get their hands dirty in their warehouse.

I was really interested in this thing since Sunday, when I saw an Envion ad on facebook, but for now there are way too many questions that have not been answered yet to bee sure investing.

Amazing how many people care to comment on this ICO without actually having read the whitepaper. I would definitely advise everyone to read the whole whitepaper in order to understand the whole concept and how everything will work, as nearly all questions that are asked here have answers in the whitepaper. It's just pure laziness no to read if you are really considering investing in this project.
As for the constant bashers of this project, please give it a rest or start a constructive discussion as opposed to constant spewing of no-facts and sentences that no one actually wants to read due to the tone and offensive language.

I personally believe that this is a great concept and my main area of concerns are:
- insurance for the container (ie. if you host 100 S9 antminers, then the value of the container is circa $200k-ish)
- hosting containers in questionable countries where physical security might be an issue

Best of luck team, and haters keep away or post something that we can actually read and understand.

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.

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.

Dividends would be paid out in ETH to the wallet that holds EVN tokens on a weekly basis.

You will get 161% ROI per year on your investment.

At this time there is the prototype and a second MMU that is being installed and ready in a few days. That is in the berlin area (germany). After ICO production will start and the deployment will occur in places where the energy is cheap.


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.


Just wait a bit - what is your problem...?

Thanks for the help cybercash! You have clearly gone through the whitepaper and all of the available online resources with a fine tooth comb. I'm still trying to catch up on my due-diligence and I like what I'm seeing thus far.

Did you read the whitepaper? Keyword: Overcapacity.

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

There will be no problem because EVN will have its own contract address.

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

Right now there is the prototype and a second that is being installed and ready in a few days. Yes the prototype is fewer stocked than the final working MMU. After ICO production will start.
It depends on the regions where the MMUs will be deployed. Envion has 3 different configurations. The Medium Density Implementation is well suited for regions with high ambient air temperatures.
So for colder areas a fully stocked MMU running at full capacity won't be a problem.


I can't answer this.


There isn't much. But that is the same with many other ICOs that even do not have a working product. Here is a reply from an admin in the support chat:



The envion business model for mining has two components:

1 Proprietary Operations (PO) where envion invests in, owns and operates the MMUs. Token holders are the 100% beneficiary of the earnings of proprietary operations.

2 Third-Party Operations (TPO) where an independent company, such as a utility or an investment fund, acquires the MMUs while envion operates them. For this operation, envion will be rewarded with a share of the mining revenues. 35% of the earnings of this business model will be distributed to token holders.

Earnings in Proprietary Operations are comprised of the total rewards minus operation costs: such as, but not limited to, costs for electricity, rent/land lease for containers, hardware replacements to ensure the continuity of envion’s mining operation (stabilize the MMU’s performance and counter e.g. difficulty increases or other efficiency losses directly connected to the mining process), depreciation and a handling fee for the company’s overhead). The calculation of earnings in Third-Party Operations depends on the agreement with the third party, but will exclude depreciation.

100% of PO and 35% of TPO will make up the fund that is ready for distribution to token holders. But that’s not enough in our eyes. In order to accelerate earnings growth, we have decided to invest one quarter of the annual earnings fund to build new MMUs and lay the foundation for more earnings - and for exponential growth.

Three quarters of the earnings will be distributed immediately - and that means on a weekly
basis.


First payments expected by end of January. Payouts are on a weekly basis.


The token is mined so the amount won't change if the hashrate is the same. Thus, the payout remains the same. The MMUs are capable to mine over 600 cryptocurrencies. A switch to a more profitable coin isn't a problem to meet a high profitability.

Everywhere you get the energy cheap, so it will be around the world.

There are no issues with temperatures. They have MMU's in three different configurations.

The Medium Density Implementation is well suited for regions with high ambient air temperatures.

I am working in germany.... no I didn't say GER has 365 bright days in a year but days aren't 24 hours dark either...
But envion have agreements that will be published soon, so it will be cheaper than YOU think. It's a win-win situation for both - envion and the plant provider.

In the end it doesn't matter, if you would understand the whole concept. Did you even bother to read the whitepaper?

They will be deploying in places with much better rates than that what you get in germany.

What are the likely countries where these containers will be deployed?

Let's say if the countries are near the equator, will cooling be an issue?