Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 92. (Read 125669 times)

now a token costs about 60 cents. what did people pay at ico? 70 cents? or 80 cents. or there was also a pre-ico special price. if the course is ok today then you can buy a bit. or wait until the course continues to fall because the communication is so bad with the team

Guys, work in progress. More and more hardware is being delivered. Don't negative  HODL!
Twitter: https://twitter.com/envion_org/status/974641787515146240

It could be not very soon. My own opinion that we will get bounty payments not early than May. Envion has very long KYC process for investors. So we should wait til it end.

Retention RatioReceive 75% of earnings immediately,
Reinvest 25% to boost future payouts
I don't understand about this If I buy EVN maybe next year
How it works?

Hello! And when will the distribution of tokens be for those who took part in the project's bounty?
Thank you!

This last update shows seriousness and professionalism in the team. This is effort to communicate with people those invested in this project will boost confidence in them to understand what is going on and what the status is on various things. This is what everyone wants though small step but it has huge results and impact on people interested in project.

May be this question has already been answered earlier, but to some strange reason I can no longer access the telegram channel of Envion any more; hence repeating this question here again.

I have some EVN tokens bought with CC and I know they will remain blocked for 180 days after ICO. So does that mean I will receive the wallet unlock PIN via email after 180 days? Or I may receive the email with PIN before but can only use it after 180 days to unlock the wallet?

Will envion mine still if ETH falls below $400? Or do we mine at a loss in hopes of future gains with market recovery?

there is already Roi here. Not so much but it comes. and how much is there at ENVION ? or have you not got any tokens yet?  

By any reasonable standards this can hardly be regarded as a reasonably insufficient period to finish KYC. It reflects badly on all of us.

Because participation in last event with few updates price once again have found new floor. The sooner the things will be sorted out about total supply and completion of distribution plus burning of token the better results it will produce by token valuation perspective. I am looking for ward to see concrete figures about project in black and white.

I've just received a day ago a reply from a customer support for a ticket that I submitted maybe 2-3 weeks ago, so they seem indeed very busy and I guess bounties are not in their highest priorities. Hope things will get better once those more important things get settled up. Good luck!

Maybe these people are talking very long as expected but why they are not very serious about sending token. They need to recruit further staff to verify all these things because they are talking a lot of time for all the activities.

Envion investor update March 8th, 2018
Big update today for all of our investors old and new.



The envion team has been hard at work collaborating with our production facility on our mass-production line and pre-installation mining, meeting with potential new customers, and organizing the process for dividend distribution.


Production
The news everyone wants to hear about is MMU production. Things are humming along at our EU production facility where pre-installation mining, container production, and pre-deployment MMU mining will take place.

The pre-installation mining facility is complete and ready for hardware delivery. A dust-free warehouse has been made ready with the power connections necessary for large-scale mining and the hardware racks for the GPUs and ASICs are being completed by the factory production line.

Just to recap, the plan is to install all hardware on the racks and begin mining as soon as hardware arrives. This will allow maximum profits as no mining time will be wasted while the containers are being built. The racks themselves will just be loaded on to the MMU containers as they roll off the production line.

The containers themselves are in production as each section of the mass-production line, which includes both human and robot construction, is optimized and new workers are onboarded and trained for each task.

With the electricity supply and power connections necessary to start mining with finished MMUs in place, MMUs will begin mining on-site as soon as possible before deployment. The factory is capable of hosting up to 70 MMUs with competitive energy prices that assure profitability at every step.

The search for production facilities in the Americas to reduce transport costs — and mining downtime — for customers in North and South America (see below) is underway. The current work done optimizing mass-production at the first factory should lead to even speedier scaling for new factories.


Hardware
Hardware is on the way! Our first order of GPUs have left the factory in Asia and will soon be on a plane heading for our production facility. This initial order of GPU mining machines (not even on the market yet) should arrive in the middle of next week which coincides with when the warehouse, racks, etc. will be ready to receive them. The first orders are small and will be used to create the workflows for pre-installation mining and train workers to accommodate even larger orders which are in the pipeline.


Customers
Envion has 10 EU locations for Proprietary Operations MMUs offering power prices between $.04-$.06 per kw/h. We are currently determining which will get the first batch of MMUs from the factory, but with 50MW of capacity on the table, we expect over 600 MMUs will have a home among these first customers.

Discussion with potential Third Party Operations customers on the other side of the globe are also underway. The total value of the deals under discussion would be in the hundreds of millions of dollars with the first cooperation starting as soon as TPO MMUs roll off the EU production line.

A second production line in North or South America is in discussion to service further projects starting later in the year. Most of the capacity under discussion in the Americas is in North America — Canada and Texas specifically.

These potential customers are offering envion dedicated capacity with competitive electricity rates and are asking for long-term contracts to operate and maintain MMUs purchased via the TPO program. Dedicated capacity and decades-long contracts are a bit different from the types cooperations envion received in the first months of the business and we see this as a huge vote of confidence in our business — especially from publicly traded companies who must answer to shareholders and financiers.


Dividends
Second only to questions about production are questions about dividends. As we said in our last update about dividends, all mining activities will be audited and a report will be published verifying our accounting before any payouts are made. We can now announce that Big Four auditor PWC is our auditing partner.

Now that PWC is onboarded as our auditor, we must first identify and agree on all the relevant costs and metrics associated with mining operations and establish the reporting procedure. After that, PWC will collect data which we will publish for our token holders verifying how dividends are calculated. Dividends will be paid to all wallets holding EVN tokens only after the report is published.


SEC, crypto bank, etc. do things the envion way
Envion has taken a lot of criticism for a long KYC process, waiting for an audit to distribute dividend payments, and a slower pace of news than many in the ICO world are accustom to. While it might be satisfying to get everything you want right now, recent developments in the crypto world are demonstrating the value of taking the time to do things right.

In the USA, the Securities and Exchange Commission has asked that all exchanges register with the SEC and comply with their rigorous financial regulations. While that has sent many investors into a panic, envion is well-positioned to be one of the few coins that could be traded under such circumstances. We’ve already done the hard compliance work and transparency is already part of our business model. Our security token which seemed exotic in 2017 will be one of the only ones trading by the end of 2018.

We hope that these developments show our token holders that our commitment to professionalism is paying off — even when that means asking for a little patience from our token holders. It’s a reminder that value investments can take time to mature, but that it’s time well spent.


Events
Laurent had a great time meeting with ~20 envion investors at the Beverly Hills Blockchain meetup last week. It was nice to talk directly with investors and see some of the faces behind the usernames on Telegram. We look forward to seeing you at more events in the future, starting with the Blockchain Technology Conference tomorrow, March 9th, in Berlin.


Trade EVN Tokens
EVN tokens can be traded on BTC and ETH pairs at HitBTC, Token.Store and IDEX. Check-Out how this works

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CREDIT: All copyright/credit goes to Envion
SOURCE: Posted on Medium, 8 March 2018; https://medium.com/@envion/investor-update-7c3e9c865374

Reposted here for those interested and/or investors that are looking no further than on this site. Envion has been fairly responsive in posting updates especially for a project of this magnitude. You might want to start on the first page of this thread and link to the main website to look into what's going on further, or simply click on the link "Check out how this works" under TRADE EVN TOKENS section and it will take you to where you can navigate to any part of the website.

This is the time to accumulate more Envion. It will probably stay cheap for a while, but once more MMUs are up and running and there will be the anouncement of the first dividends, EVN price will explode. Unitl then, it is time to accumulate below book value.

In general, I really don't get it how people do not understand how Envion works. Their whitepaper said that the ICO funds are used to start building MMUs. You don't get dividends right away, they need to build infrastructure first. With GPU's in their MMUs they can mine whatever they want and they wrote about MMUs which can be used by corporations to maintain their own blockchain infrastructure. This means Envion is not necessarily dependend on just mining Ether but they would also be able to generate profit by getting paid for delivering infrastructure.
The fact that the payout is based on tokens and not on investors is important to mention! We have a fixed amount of tokens with payout. If you compare this to a usual mining pool, as there are more people getting into the mining operation by time, the mining pool effectively decreases your payout compared to a tokenized payout structure. Profits don't have to be spread on more people.

The fact that Envion tokens go by SEC regulations is also valuable as more and more exchanges will need to follow regulation. This will come sooner or later.

At current prices I am wondering how people are still so damn negative about Envion. You can see it all over the places. The same questions on and on. It makes me wonder...

Surely the obvious move would be to hodl in ones erc20 wallet, keep it off the exchanges, this would create scarcity, in turn create demand for EVN... Especially when the dividend start paying out!! Cheers EVN

They promise 161% return cause I'm quite sure they will earn a lot more, so 161% is fully sustainable.
Now they have just 2 MM but in future they have a lot more.. Also thanks to reinvestments.

This was answered multiple times here. Distribution will be made after they send tokens to all ICO participants. KYC is only needed for ICO participants, not bounty participants. Any of the bounty projects want your personal info.

Dev, I can swear it is not in my wallet ı use mew  btw , but tokens are still listed in envion dashboard .  So you say it will automatically will be transferred to my mew account without any additional action