Topic: ATTENTION INVESTORS!! ICO Envion project is not workable!!!do not answer,delete (Read 18754 times)

Envoin has the potential to be one of the best projext but their founders have ruined the plans by not doing justice with the hype that was created dyring the ico it raised ovwr 100 million but still nothing happend that shpw there are things that needs to correct in ico business.

This project is going more and more forward in it research and the development. Every day it is coming up with new things. Projects will surely become successful in the future and give it's investors a very high value of return to there investment.

many things happen here, very complete and concrete a lot of information is also here, but what is the symptom in the development of this project, I just do not understand it

Hi, I have one question for all of you defending this ICO. Have you ever really mined cryptos? have you went through the what is so called whitepaper and the cost of logistics? have you understood their value proposition?

The mining business is labor intense.
The elec. cost should be low, and you can achieve this in one location, without moving the containers around the globe, like if it was chess pieces. Are you even factoring the off-time required to move these containers around (months), and the trouble to settle them in the new place, then trouble shooting and so on....... do you know that miners usually don't prefer to turn one rig off, as problems may arise after restart?

I remember reading somewhere that they have access to the newest line of GPUs/ASICs that is not even announced to the public yet!!!!!!!!!!!!! seriously,,,they are making fun of all of the people out there who have no clue about the mining technology or crypto-currencies.

In the beginning, when a friend of mine invested a large sum of money in this project, I thought this is a bad project, now I am convinced it is a deliberate scam.

I don't know where your comment came from like seems you don't have any idea what's really happening here. It's a scam and the team run away with the money. No more updates in their social media pages and the worst investors and bounty participants haven't paid yet. Ican say the project is very lucrative that's why they gathered $100M but everyone doesn't know that their money will just be gone in the wind. Well, I just let karma serve what they deserve.

You should HODL until July, everything between now and then is just expected wobbles in the road. For whatever reason the CEO withheld the ICO funds from being released clearly is done so in the best interest of the company and the project otherwise why would he freeze the funds? So, EVN holders strap in, HODL as anything now amounts to speculation but they are there and are working towards the intended goal.

I have invested in the project !! n looks to me an scam !!
No dividend announcement uptill as promised ! but still positive.....

What is the minimum investment?

I am interested in this project as well after reading the available information on page first

Good project, but I will look further

This is a very interesting report. if that's all right people will not get tokens anymore. it really does not look very good. And when I read that a journalist collects over 100 million ..... very strange

If you look at their facebook page they have updates in their project and it seems it's working good but the investors are not satisfy on how the kyc on going and also their bounty campaign is not yet paid. The bottom line here even they raised $100M they can't even manage to hire more people to finish the kyc process and bounty payment so everything will be fine. Seems this will be just another broken promise.

.thanks for the heads up on evian but you have another scam ICO mexyone in your own signature lmfao!!!

Thank you that you have given positive feedback to Your project

A few good questions
https://twitter.com/HiEnergyPeople/status/940535045013561344

a good whitepaper is not everything. anyone can write that. we need communication and results. these are missing here. There are no news for the investors and bounty people. ico with good communication and information are ok. but here comes nothing. the people can already be gone. nobody knows exactly. I am very disappointed in this project so far. and I denkle the price will fall even further

Hello all,


I have been following Envion for a while, this company have worked in stealth, for some while. I personally invested in this ICO at 70 cent, good amount.

The support is great and I have not have had any Issue with it to now, I only some got some delay from them with how fast the could reply as they got there support staff overwhelm with tickets and people asking same questions over and over, and mostly people have some normal issues, and some dumb questions, and people that invested without reading the whitepapers or the terms of purchase, as the most normal investor questions and issues I have seen to now is "why is my tokens locked for 6 months"(did purchase with cc, and have accepted the understanding of the terms at payment). As for my personal investments I got my tokens first the day, paying with ETH, only the verification process took some time with me. Some other people as I have seen, had issues with not understanding the terms, of paying with cc, etc etc. And are having to complain about not getting there tokens etc etc. I feel kind of bad for the Envion support line, to needed to handle all of this kind of support. But my personal opinion is that they do a great job, overall.



Overall It seems, like the company and staff, is working very hard with all issues, that a startup company may a counter.

The company is showing great proof of work and proof of good productions of the MMU's(containers), but we are still wait for the most critical update, and that is on the hardware part.



I see many talking about the ROI and it's is too high etc etc, and therefor it's a "scam", the ROI on there homepage is a model showing assumed returns, you can make one your self on every investment you are doing. This ROI model all depends on how the delivery the MMU's is.

The ROI you are talk about may be much higher and much lower, it all depends on the production of the MMU's, if the production of the MMU's goes well, after my calculations the ROI will be even higher with in mind that the ETH price is almost 1k$ and have been up to 1,3k$, and the model on there page is based on the ETH price at 400$ each(If I'm not to wrong). But the over all difficulty in mining may have increased a bit since the time of the model was created.

The one of investors that sell there tokens now, at this date, do not fully understand the value of holding this EVN tokens. Or we have the kind of investors that are just in the ICO for fast return's and reinvest.

When these people are sorted out, we will only see the remaining of it's investors and these are the ones that have read the whitepapers and understand the value of holding this tokens, as the company grow, and fight for it's success as all startup company's are do. And I believe they have showed us proof of that they are exactly doing this.


But as said over, my prediction when all the investors are "sorted" out, the EVN token will be very hard to get. As the rest of the token holders(investors) will rater hold this long term. That sell with only 2x-3x to even 5x fast return on investments(ROI). Some may sell. But over all if this company do well, I predict that the EVN tokens will be hard to get.



I also believe this company was created in 2015, trough Fundraiser,  if I remember correctly, 1mill$ was raised. Then ICO came and 100 more Millions was raised.
So this company have been around for a while. Working in stealth. They also have a working product, and have showed this to public viewing. Not many ICO's have that out there to day. Most of them only got whitepapers.



I must also say I have seen Envion have been targeted by a group of people spreading really manipulative FUD, around on the net. And it also looks like this group is using a lot of there day time spreading FUD, they have also been banned from Envion facebook page's etc. And I have also reported their behavior, to Envion.

Asking questions is very fine, and is a MUST. But spreading FUD is not acceptable. If it's new's FUD or any kind of FUD. People are even payed to spread FUD. This is a big problem in our life time. And with the internet.

This group, as of my understanding are a group of a little private company that own's one or more homemade containers filled with GPU's, and other miners. My conclusion is that this group is feeling on the pressure of competition. But are handling it very wrong.

And I may say that this thread look's very much like some of the FUD, they have written on facebook. Could be same person's of group.




This is what it says under the ROI Model on Envion's homepage(copy paste):

"The above model shows the assumed return using an annual projected token profit based on a 25% reinvestment strategy and current mining difficulty & market conditions. It includes 9% overhead cost for management, R&D and other company cost and takes into account 17% of tokens that are not distributed (see white paper for distribution). Actual results can be higher or lower. The model is a sample calculation. The model should not be regarded as information for an investment in tokens or as an offer of or a solicitation to buy tokens. Token profits will be cashed out on a weekly basis."



As I explain over with the with the ROI:

I personally would say a realistic ROI first year could be around 50% ROI, but with ETH price rising, and other aspects:
As how good it goes with the company how many MMU's the get out in one year, may make this 50% increase quit a bit more.



As many here are pointing out here is: that with time we will see, where this company is in a year or so.


I'm personally saying, that I would not just simply let this ICO or token go without making an investment small or a high. Even if it this ICO goes good or bad, I simply could not afford to miss this ICO, and it's tokens.

I also see long term potential on "KEEP ICO" and with WPR token.




Kind regard's to the Bitcointalk community

- ChampionGold




PS.
This is my first time posting anything here, and my account is new. I have been active on reading inside this forum for some while.

it does not look good. It's a big scam with $ 100 million. ??  the people do not get token. the investors are getting very nervous. we will watch it the next days

Are you still worried?  They raised over $100 Million USD.  Seems plenty of people were convinced.  Time will tell now.  We can just wait and see.

Yes, this excessively precise numbers in a field where everything is changing fast in unpredictable directions is a real red flag. Did then anyone really manage to go to Berlin and to see their infrastructures?

That literally makes no sense.  I could sell you a rig, that you plug, it plays - maybe it wont the most profitable but it'll mine.  it'll even heat your basement a bit and reduce the humidity.  161% is a number they took from anywhere, is just marketing.

I did invest a decent amount and while 161% cannot be guaranteed for sure, I would rather have Envion run a mining operation and pay me dividend, instead of having to run my own rig.

I couldn't participate because of US regulations.  Kinda pissed about that, though I hear what you are saying. that is a helluva return. I contacted them about investing and received a really rude email in reply. good riddance

Let's see if Envion can keep the promises, I invested a small amount.

and this is why Pillar project are creating a wallet with built in ICO FUD protection..

The % return is a fraud, simply because its impossible in Mining to say in advance what your % return is going to be.  Just does not work like that.

The whole idea of having mining containers is also dumb, since you arent going to move your containers anyway - to move them all the time would be costly.  They could sell containers like bitfury but that is not what they are doing.

I have little love for ICO's.  100% Pre-mine coins make me sick.  There are legit uses for an ICO, but this ain't one of them.

Do you got any proof for your so called fact, or do you just spread FUD? What questions are there that you asked and they did not answer?

The fact they are only answering selective questions, and promising 161% roi points to a scam. It could be legit but I would be very surprised if it is.

Well, it will be that ICO will not work ? Because ICO website has already raised almost 90 million dollars

I am just looking into this ICO..It is about to close soon, do you guys still think it's a scam? The ROI is really tempting and in the mean time makes me  doubt them ..

I've been looking for ICOs to invest in. There were a few I was looking at. No more than a couple hundred at a time, in case it goes bad. I bought 150 Envion tokens with my credit card only to find out after the fact that you have to be an accredited investor to buy if you live in the US. No, I did not read the white paper but I guess that is something I need to start doing. I figured pertinent information like that would be somewhere on the buy site. It was not. They informed me within 10 minutes of my purchase that I may or may not be issued a refund.

This is most likely a scam. Do not buy in. You have to either be worth over a million, not including the value of your home or make 200k a year to actually get the tokens you purchase.

The only redflag I see is 161% return

That alone is enough to keep me away.

It is a industry standard, scam/mlm/ponzi industry, to hook their new sucka. Promising high return, get money, party hard!

If I could make 161% return on anything. I'll just sell my kidneys,liver,heart,brain instead of crowdsourcing.
Or maybe call Jack Ma or Bill Gates

I got to know about the Envion project from their youtube ad sometime last month. Trying to wrap my head around mining in a container thing as opposed to conventional mining methods.

very cool.  I've gotten into this project, but my younger brother who lives in Germany is just getting into the crypto world. I'm hoping he can take a look and see the project  thanks for the info

The unit is used to heat an industry hall in Berlin-Spandau. Best contact Envion directly and ask if there is a time schedule open that your brother can throw an eye on the working project. :-)

Is it true you can go to Berlin and see a working model? My brother lives in Germany and frequents Berlin.  He would love to check it out. 

Thank you for the due diligence analysis . This is what I expect all ICO to be scrutinize to help investors make informed decision. But it seems nowadays, all investors just look at the promising returns and  flashy websites ,forgetting of getting into necessary details like the background of team members and track record of the company to be invested in. 

Good information and research. Registering in October could simply just mean that, that they planned, the registered and quickly went to work. Though of course that's still not enough.

Too bad,  you will miss out then.  Which is ok.  You shouldn’t buy 8nto something you don’t  believe in, but you shouldn’t believe al, this FUD either.  The ICO has raised over $35 Million Usd.   The company 9s making more and more announcements every few days.  There is plenty of evidence how real this is, if one is willing to look.  The OP has failed miserably in deterring investors, because people do their own research.  Wish you happy times!

Thank you for your effort!
Almost bought into ico

I've seen some of those bans. They were to keep the group discussion free from stone-throwing and name-calling. Many people were asking those hard questions in a normal, toned-down manner and received timely answers with no ban. I would do the same if this happened in my Telegram group or on my site.

They ban in telegram for asking critical questions

It is very rare that there are people out there with a brain!

This Concept (as i told in main topic - but no answers were givven from their team, just flodded with 10 next posts like "Greate Project. I Buy") has a big engeneering and economic issue..

Cheap energy? Solar/Wind plants in Germany?(btw. the Videos were made in "Brandenburg" or east Germany (Very bad climate conditions for open operation)). You get Cheap Energy from big Servercenters too... like 3Cent around... 1KW Fan to blow out 40-140KW of heat even would not work(ignoring the fact, that the outblowing heat will be sucked immediately in again XD)
--> what is with maintance? People will drive araond hundrets of kilometers to fix issues? HAHA


This is just a nicely made YESMINER 2.0 Investor Scam.


In the End they buy Hardware and will put it into a servercenter haha (y) (Best possible Ending.)

Recently they mentioned HitBTC.  They said others are coming after launch.  Good luck.

I haven't seen any plans by the company to apply for exchange listings. With that said, even if they applied, it is still up to that exchange to decide if they want to list it or not.

When it has launched, find the token on CoinMarketCap and go to the Markets tab. It should list the available exchanges there.

Where will I be able to buy/sell ur tokens after ICO?

I agree.  I see the biggest risk is the overall crypto market risk.  If the whole market tanks due to "bubble burst" there will be an overall dampening of profit on this security coin.  However, I am very bullish on Crypto long term, making this an exciting investment. 

I think it's a great ICO! Investors would be stupid not to invest.

My reasons:
1. They have built a working prototype. You can view videos of the prototype on their website and Facebook page. They did a Facebook live a few days ago, in which they did a complete walkthrough of one of the mining containers.
2. There is great interest in this project. The ICO is due to start only on 1 December 2017, and the Telegram group is already 2700+ members strong.

I am still waiting on their detailed ROI calculation sheets, which they mentioned will be made available in a few days time.

Guys, what do you think about the ICO? do you think the minimum cap will be reached?

Mark

I think you're completely out of line here with your accusations. In extreme cases people can be sued for libel when they make such statements. You've made your claim so move on if you don't trust this company and leave the rest of us to decide for ourselves.

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!!!!!

This is the original statement of the company Evian AG  In it you will see everything: 

https://imgur.com/a/jDq61

1. The founding of the company Matthias Woestmann, its nominee Directors. But not to see the founding of the company!!! 

2. According to the rules of registration of companies in Switzerland with the company ending in AG not subject to public opening of founders! 

The company Envion AG - created exactly such a company to hide its founders!!!! 

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!!!!!

Seems like a detailed answer is provideed.  All investors must do their own due diligence assessment.   

We would actually appreciate a bit more of an effort before people start making accusations.  

The OP did not do a simple Google search on incorporating a company in Switzerland before insinuating that we are operating dishonestly.

Here's the first Google result for me: https://startups.ch/en/inform/foreignentrepreneurs/faq/

You will see that CHF 150,000 were invested because that's the amount required for a public limited company.  The ICO cost is estimated at $1.5 million which has mostly been raised already. Details in the WP.

Our CEO was indeed a journalist and has since had a two-decade career in the energy industry and runs an energy investment firm: http://www.quadrat-capital.com/management/

He has a very public profile and has helped lead many startups to success in the energy industry.

We have filed for a patent for our high-efficiency air cooling system. Our legal team estimates that it will be processed and available for your confirmation on the DPMA registration site in the next week or two. Patent filing number: 102017125540.0.  We did not develop this technology in one month, but over the course of many months of R&D.

Operating in stealth mode during R&D and product development is a normal process—especially in the hardware business—to protect the intellectual property of the company and the negotiations with suppliers and customers until they are finalized.  Envion was made public when it made business sense to do so and our website, LinkedIn profiles, etc reflect that.  We know that anyone knowledgeable about startups and business understands how secrecy during the incubation period can be essential to success.

Now that we are public, we are operating with full transparency and we would encourage everyone to investigate and question our business.  However, we would also like the opportunity to engage directly with everyone so that we can answer questions before any accusations of dishonesty.  The OP has shown a complete unwillingness to engage in dialogue with us.  I hope you do your research and see how we have responded and go through ALL the public information on envion.  Please also do us the courtesy of informing yourself on the normal requirements and practices for businesses in our industry.

Lastly, envion's success is dependent on contracts with major energy industry customers.  Regulation is the norm in that industry and it is certainly normal for our team.  We operate transparently and in full compliance with financial and business regulations, not just because those are our values and we should do so to protect the investments of ICO participants, but also because one cannot operate in the energy industry if one is not in full compliance.  

We don't know how ICO scams operate and we have no interest in it.  We are offering a security token that is already complaint with SEC and Swiss financial authority regulations.  Envion is working to be traded on regulated exchanges.  We have outside auditors and partnerships with public research institutions.  It's shameful that unknown people with no social proof of identity can make accusations and threats about our business and that their claims are accepted with no scrutiny.  Please do your due diligence before amplifying their message.
  

I respect that, you did a great research , thank you , such projects are huge brake in developing crypto industry.  People should prevent appearing scam projects.

I really appreciate the effort.Everyone should go through your finding before Investing.

TRUTH ABOUT EVION!!!
1. Your company was created October, 5, 2017! (Info from Zug, Switzerland register -  we can provide a paper). 
2. Website was created in October, 2017!
3. In White Paper you told about  Envion technologies GmbH what will cooperate with you, but no any info about this company! Please, send me a link to this company! 
4. Account in Linked In was opened 1 week ago!
5. Your CEO is journalist and  was hired in October, 2017 like all their team!
6. Matthias Woestmann was journalist , how did he financed 300M euros to solar company! He was hired in October, 2017!
In Linked In their 1 post of Company ENVION was 1 week ago. But they told that they worked hard for a long time! Do you believe?

And now, please, tell me: How did patent your technology if your company is just only 1 month?
But you told in your WP about research and develop your technology for a long time!
You can not mine because your company was created only 1 month ago just only for raising money!
Tell me please, why German company was opened in Zug, Switzerland and invest 150.000 Swiss franc?
To make more beautiful project and involve more money from your, dear members!!!

[url]https://www.linkedin.com/in/matthias-woestmann-b87922119/
/url]
[url]https://www.linkedin.com/company/18283079//url]

My questions:
1. Where are founders and co-founders? Where are no info about founders on website!
2. Where do you mine? NO INFO about your minig!!!
3. Website was open 1 month ago!!!
4. Where is technical characteristics for power ?
5. Where is info about mining power per container?
6. Where do you locate&
7. To color a container is it your real technology?

You do not answer in TELEGRAM!!! WHY??? If you do not answer to all my questions

The draft stated the new technology of mining which is patented. I watched videos and saw this technology: 

1. The only Sea container is painted and made many holes with the sewer fittings
2. There are 2 fan in the middle
3.In the inside I see a couple racks on them video cards in a small amount!!!!! 

Dear project Envion - you want us to say here: what is your new technology? 

The container with holes?? It is easy funny!!!!!!!!!!!!!!!!!!! In your container cheese)))))))))))).

 Your video card in the container - will bring you very small profit!!!! About what you say - Divident 161%?? 
If the computing power in the container itself does not pay after 1 year!!!!!!!

Answer me to another question: What kind of processing power you have in your container only?? 

Conclusion:

 1. You do not have mining or where!!!!!!!!! 
2. You have no any technologies for mining 
3. You organized a company less than a month ago 
4. You have hidden the founders of the company
 5. You hired all of the employees a month ago!!! 
6. You are cheating investors offering such income 161% with your container of cheese!!! 
7. Your CEO is just a journalist, not an investor with 300 million))) 
8. You started a company in Zug Switzerland a month ago - in order to make the project more attractive to investors .

INVESTORS CAREFULLY READ MY INFORMATION before investing!!!!!!

I work for the truth - and I hate it when people want to cheat investors with a BLOCKCHAIN world!!!!!!!!!!!!

You removed me from the Telegram !!! Not answering any of my question!!!