As we said earlier, we are very grateful for the objective and specific comments to our address. And your post has very clearly demonstrated the shortcomings that need to be corrected.

We think that the information on the site should be clear and maximally accessible, excluding a large amount of marketing information.

And of course our serious mistake is not to provide more detailed information about the members of the team. In the near future, we will decide how to change the "team" page to exclude the issues about which you reported. Add links to pages on LinkedIn.

Our team wants to draw your attention to the fact that you unreasonably talk about the fact that the accounts were created in October.

In addition, we believe that it is incorrect to evaluate the professional qualities of a person from photographs. We are confident that a person with tattoos can contact the government no worse than anyone else.

You have become an adviser for us, for which some ICO's pay from 5 to 20% of the collected funds. But you do this for us for free. We appreciate it.

We again want to thank you for helping us to become better.


Happy New Year!
Ascensus Energy team.

Thanks for your post.

Here again there was a problem.

Imagine that we are the same buyer of RED tokens, like everyone else. We invest our money.

We want to know:

How much RED will returns to us in a year?

How RED will manage received commissions? What part RED does send to investors?
Electricity selling companies will pay commission (1-5%) undoubtedly in fiat currencies. So RED has the opportunity to hide their income from investors. How will they report about finance? Who will check the reports? Who will appoint auditors?

Who will incur financial risks if the customer does not pay? You know, for example, that in the case of Uber, the platform pays.

RED makes a platform and says that profit investors will receive from the commission from the platform. But at the same time it intends to purchase 10 MW of power plants for investor’s money (for our money). How much will investors get from selling electricity from these plants? How much money will they spend to buying plants? Level of ROI? Nothing about this.

And you said: “The facts which you mentioned above regarding other companies is not considerable.”

Are you really thought that these questions aren’t considerable?

We don’t think badly of RED. We don't care about RED. We just ask questions that investors can ask. Business model is a business model. If no one can answer these questions, then it means that the investor takes responsibility for himself.

But if no one can answer these questions, what is the price for RED’s real business and 30,000 customers?

We do not understand why a producer should use your franchise. To pay 5%? It's cheaper to get financing from the bank.
You just do advertising.

Smart Contracts of Ascensus Energy will be Shares. Ascensus Energy will register the issue of Smart Contracts in accordance with the law. Crypto is the designation of the release method. Class A - indicates the priority in distribution of the company's profits. And in this case they become full digital analogues of ordinary shares or bonds, depending on the terms of issue.

We are very grateful for specific and objective comments to us. We will certainly add additional information.
We are a startup and there is nothing surprising in that on “board” CEO, COO, CFO, CIO, CTO, CMO aren’t presented.
Sure, Ascensus Energy will work under Cyprus Companies Law, chapter 113, Directive 2009/101/EC, Directive 2012/30/EU and other. KPMG services will cost much less than to put on “board” a lawyer or others for splendor. We are respect Investors and careful to Investor’s funds.


Ascensus Energy Team

Hello!

Sure! You can find our Road map on pages 25 and 26 of our White Paper.

Here is a link
https://ascensusenergy.com/downloads/ΝεοςΑΠΕΓΛ.pdf

We hope that you will find our Road map clear and realistic, without space figures based on pure fantasy.

Happy New Year!
Sincerely,
Ascensus Energy Team

Happy New Year!!!

Yes, indeed, this kind of assets didn’t exist, but this is not a fantastic - these are the same smart contracts registered by the regulator. This is indicated, for example, by the SEC: tokens, coins and other kind of digital assets, which paid incomes, must be registered. And in this case they become full analogues of ordinary shares or bonds, depending on the terms of issue. In this case, the one who issued such an asset, is responsible to the investor under the law, right up to a criminal investigation. Perhaps for this reason some ICOs avoid registration. We are confident in the near future such a way of IPO will become dominant.

Before making a decision about investing, you must understand that we are a start-up that has a package of own developments and a passion for implementing them in practice, we have spent a lot of time and effort, for example, we have been working on the technical details of the solar plant since August 2015 and they are brought to perfection.

As we said earlier, our goal is 32 million euro, in which case we will be able to launch the first two projects (a large scale power plant and compact systems for businesses and houses) simultaneously and send the necessary funds to complete the third (Load Balancing Network on Blockchain).
If we do not reach the goal, first of all we will build a solar plant and continue developing the third one. Financing of the second project will be postponed until the start of regular payments to our investors. Data on the amount of necessary funds for each project you have already seen in the first message.


Thanks for your interesting!
Sincerely,
Ascensus Energy Team

Thank you for your post!


To admit, we expected such a reaction from the Dark Side of tokensales! And you have uncovered the problems that all ICOs face.

We didn’t want to write a post like this: "hey guys, we're here, we're crypto and P2P, so shut up and we're ready to get your money!"  We described problems specific to ICO.

Of course, high-risk projects that can end in nothing have the right to life. But ask: "What is ICO?" And many will answer: "90% or more - fraud!" We want to change this attitude. As for the future for Crypto and our model is based on it.

You are right: We are doing damage to the industry! But what industry? An industry that uses the manipulation of marketers and generates more than 90% of fraud.


How exactly?

As you know Virtual currencies are not illegal in Cyprus, but Central Bank has warned about their use.
In EU the European Banking Authority (EBA) issued a warning on a series of risks deriving from buying, holding or trading virtual currencies such as Bitcoins. The EBA said that consumers are not protected through regulation when using virtual currencies as a means of payment and may be at risk of losing their money. And recently indicated it will apply anti-money laundering and anti-terrorist financing rules to virtual currencies. https://www.eba.europa.eu/-/eba-warns-consumers-on-virtual-currencies
That's why we work according to the KYC rules.

Also you know that the SEC's Report of Investigation found tokens offered and sold by a "virtual" organization known as "The DAO" were securities and therefore subject to the federal securities laws. The Report confirms that issuers of distributed ledger or blockchain technology-based securities must register offers and sales of such securities unless a valid exemption applies. https://www.sec.gov/news/press-release/2017-131



We cannot apply the exception, because we don’t pass through the test and this is conscious. We guarantee income for investors (Securities Act of 193315 U.S.C. § 77b). The SEC makes an exception for those who do not yield returns on digital assets. (More than in 90% of cases it happens).

Therefore, Ascensus Energy will register the issue of Smart Contracts in accordance with the law.

Smart Contracts Ascensus Energy will be Shares. Crypto is the designation of the release method. Class A - indicates the priority in the distribution of the company's profits. All this complies with the corporate legislation of the EU.

The problem of some ICOs: they attract "eminent experts" to solve some issues, for example, the issue of securities. But in fact they are only paid 10-20% of the collected funds only for the name. We respect investors' funds and don’t do it.


Our team asks you to explain what restrictions local legislation you are talking about?

Project 1 (2018): there is no ban on the construction of solar stations and the sale of electricity generated.
Project 2 (2018): there is no ban on the installation of solar modules for homes and businesses and the use of electricity.
Project 3 (2019): no NetMetering system is currently implemented. However, the Government of the Republic of Cyprus supported the introduction of the system. You can also find information in the National Renewable Energy Action Plan of Cyprus (implemented under Article 4 of Directive 2009/28/EC).
This cannot deter the expansion of the platform with an incredible potential in more than 30 countries.



Happy New Year!
Ascensus Energy team.

Hi!

As we said earlier, payments will be made within 5 days after the Initial Smart Contracts - Class A Crypto shares Offering.
At the same time, the Crypto shares will be available within two months after the completion of the Initial Smart Contracts Offering, with the need to register the issue in accordance with the legislation of the European Union, to ensure the guarantees and protection of investors' rights.
In this way, payments will be made in ETH to the wallets that you specify in your Personal Spreadsheet.

Sincerely,
Ascensus Energy Team

Hello!

Bounty for Translations will start soon we will inform you!
Also we are looking for managers for communities who could bring the essence of our project. You can send your suggestions in PM.

Sincerely,

Thank’s you for your interest!


We carefully studied the documentation of the projects listed by you and again made sure that the problems identified by us regarding the placement of investments in tokens have not been resolved!

It is difficult to find the essence of business among the bulk marketing information, but we did it.

Projects declare the main business model of trading platforms and, undoubtedly, the most interesting solution among the rest is Restart Energy. We can say that the Ascensus Energy platform is very similar to it, including predicting the consumption of electricity through machine learning. There are differences in the metering system, but they are not significant.

The problem is different and it’s real Dark side of many Tokensales.

1. None of the three projects can tell about how much money the investor will receive in exchange for investment in a year.
2. None of the projects has a source of cash flows for their project or does not disclose the structure of the distribution of cash flows. It is not clear what percentage of the net profit of platform will be allocated to investors.
3. It is not known how the financial results will be calculated and who will check.
4. It is not known what kind of rights investors have.

As for the trading platforms themselves, there is no understanding of who will sell electricity to them, given the high commission of 5%, since it is much cheaper to do this on conventional services. Who will incur financial risks if the consumer does not pay for electricity? Who will pay for installing smart systems to consumers?

If we understand correctly, the first vendor on the RED platform will be Restart Energy itself, which will acquire 10MW of power stations for investors' money. But judging from the text of the Whitepaper, only 5% of commission from the sale of electricity will be sent to investors (How? Buy-Back?). Where will the rest of the revenue from the sale of electricity from these stations be directed? And whether he will, given French Nuclear's and German Wind's, which intermittently bring down the price of electricity below zero on Continental Europe markets.

That is why the trading platform is our third stage, on which it makes sense to sell energy of own and cost-effective production in large volumes. First, we will build a network of high-performance power plants.

And 100% of the net profit, verified by an independent auditor selected by the Crypto shares holders, will be sent to the Crypto shares holders. We guarantee the legitimate rights of investors and provide a completely transparent business via registering Crypto shares under EU rules. No one did before.

Ascensus Energy Initial Smart Contracts – Class A Crypto shares Offering
January 18, 2018 to March 31, 2018 or when target is reached.


Earn Bonus by participating in the Bounty Program of Ascensus Energy in the amount of 500 000 euro. The Bounty Program will be active until all of funds have been allocated or the Initial Smart Contracts Offering will be ended (which will come sooner).
Bounty rewards will be issued within 5 days after close of the Initial Smart Contracts Offering.


How to earn up to 100 euro daily:


1. BitcoinTalk, Facebook, Twitter, Instagram, Reddit post about Ascensus Energy – 20 euro per post.
2. BitcoinTalk, Facebook, Twitter, Instagram, Reddit, Telegram comment about Ascensus Energy on crypto, ICO related pages, with Likes to Ascensus Energy posts – 10 euro per comment.
3. Referrals: your friend should participate in the bounty program – 20 euro per friend.
4. Fill out personal Google spreadsheet with URLs.

Notes:
You can create no more than two paid posts or comments in each of the Facebook, Twitter, Instagram, Reddit, Telegram daily. We will check that you are real person.


You will receive 30 euro for registration in the bounty program, follow the steps:

1. Fill out the Registration form https://docs.google.com/forms/d/e/1FAIpQLSfLLXnsyk9op8MdQV6NmjORoVHCSmCo1o0k8sTTQ2sHe3TZvQ/viewform?usp=sf_link.
2. Comment on this Thread.
3. Join Telegrams of Ascensus Energy Main and Chat.
4. Follow us in any two social networks.
5. Fill out personal Google spreadsheet with URLs.


How to earn more:


1. 20 – 500 euro for creating graphic images for our advertising campaign.
2. 50 – 1000 euro for writing articles on the Medium about us.
3. 200 – 5000 euro for making video about Ascensus Energy on YouTube.

Notes:
Your graphics, articles, videos links must be posted in this Thread and your personal spreadsheet must be filled. Payments will be given out depending content quality and responses, impressions from articles or video!


After registration:


- You will receive invitation from mail@ascensusenergy.com to your personal Google Spreadsheet.
- If you show the proof of your posts or comments with URL (screenshot Imgur URLs) on your personal Google Spreadsheet, we will reserved funds for you.
- You can find information about earned bonuses on our website https://ascensusenergy.com.



Our site: https://www.ascensusenergy.com

Whitepaper: https://storage.googleapis.com/tech-descr/ΝεοςΑΠΕΓΛ.pdf

BitcoinTalk: https://bitcointalk.org/index.php?topic=2664179.0

Facebook: https://www.facebook.com/ascensusenergy

Twitter: https://twitter.com/AscensusEnergy

Instagram: https://www.instagram.com/ascensusenergy

Telegram Main: https://t.me/ascensusenergy

Telegram Chat: https://t.me/ascensusenergychat

Reddit: https://www.reddit.com/user/ascensusenergy

To date, investments are associated with a high level of transaction costs and risks. This primarily relates to classical instruments, such as stocks and bonds, the advantage of which is a relatively low risk and, as a result, low profitability. But more relates to investments in crypto-currencies. Since there are two solutions for investment funds:

1. Conversion to fiat currencies and the acquisition of classical funds - in this case transaction costs increase many times.

2. Investing in tokens can solve this problem, but:

• without any guarantees and ensuring the rights of investors,
  
• there is a significant risk of banning the project due to claims from regulators,
  
• a lot of projects in the crypto-currency sphere do not have backed tokens, it takes a lot of time to start, there are no sales channels,
  
• the return of investments occurs through Buy-Back, which cannot guarantee the maintenance of prices at a level higher than the primary placement or through the active trading of tokens on the exchange, which deprives the sense of placing tokens,
  
• a detailed analysis of some projects reveals the problem of profit distribution - most of it is sent to the organizers of the placement,
  
• Pyramid schemes of attraction of investments are widespread.

 

The solution that has absorbed the best of the real economy and the cryptosphere: Smart Contracts – Class A Crypto shares.

Ascensus Energy offers the Smart Contracts - Class A Crypto shares which ensure the protection of investors' rights in full compliance with the laws of the European Union and completely exclude the shortcomings listed above.

 

 
 

Absolutely, yes. Ascensus Energy is a pioneer in the development of solar energy and implements the latest solutions in the implementation of its projects. Our goal is to provide the necessary assistance to the Government of the Republic of Cyprus in achieving 20% ​​of the level of renewable energy generation by 2020, designated by the European Commission. According to the IEA and EurObserv'ER, clean energy production is growing at a slow pace, and carbon dioxide emissions are rising, which is a concern of the Government. At the same time, the technologies used in the construction of solar power plants are expensive and often inexpensive solutions are used, which significantly reduces efficiency.

We completely change the situation.

A. We said "no" to the widespread use of fixed-mounted or single-axis tracking solar modules and developed our own two-axis tracking system, which increases energy efficiency by 45%. Together with exceptionally favorable climatic conditions for solar modules, ROI reaches 34%, and for investors of the early stage the figure will amount to 192.5%.

B. The project start time is only 6 months from the completion of the Initial Smart Contracts Offering, construction and connection will be carried out by our partner, the industry leader SMA, which will ensure the highest quality of performance.

C. The produced energy will be sold to the Electricity Authority of Cyprus (EAC) which sets the prices for the electricity, which in turn guarantees the stability in the market. Electricity prices are among the highest in the Europe Union, due to the production of electricity from petroleum products.

D. Issuance of those Smart Contracts will be registered pursuant to the EU regulations and will be classified as Smart Contracts among the rest. Each Smart Contract carries one vote. Decision on e.g. the appropriation of net income, the ratification of the acts of the Managing Board, projects approval and the appointment of the independent auditors.

E. Smart Contracts will distribute 100% of net profit to holders. Ascensus Energy will quarterly report on financial performance under IFRS, and the accounts are audited by an independent auditor.

F. The implementation of all the requirements of EU legislation will ensure all the envisaged rights for investors, exclude any possible methods of manipulating the company's assets.

 

All of the above makes Ascensus Energy an excellent choice for both Investment Funds and for private investors, so you should not miss the opportunity to participate in the early stage of the Initial Smart Contracts Offering.

 

 


 

Initial Smart Contracts offering available on our site, Facebook account https://facebook.com/ascensusenergy and it's easy and secure like never before.

Initial Smart Contracts offering will start 18 January, 2018 0:00 GMT, end 31 March, 2018 23:59 GMT or when target is reached. Smart Contract price – 1.59 euro. On Pre-Sale will be exhibited only 5% of the total number of contracts with discount up to 60%.

Our investment target is 32 million euro, which will be distributed as follows:

Power plant construction costs, including leveling of land, drainage system, basic infrastructure for O&M stuff and fire protection, boundary wall, telecom network and access road. Estimated cost of 10.92 megawatt power plant is 12.68 million euro (40% of total investment).

21.5% will be invested in the next stage of the project – business and home systems, taking place in the second half of 2018 after the completion of power plant construction.

10.5% will be directed to development of the Decentralized load balancing network on Blockchain.

25% of total funds will be reserved by Ascensus Energy and offered to team members as an option to receive as Smart Contracts. Those Smart Contracts will be locked for 5 years to later distribute them amongst team members.

3% of funds will be used to promotion, include the bounty program.

For more information about projects, please refer to our website.

Smart Contracts will be available in Investors accounts on https://www.ascensusenergy.com in two months after the completion of the Initial Smart Contracts offering. They will be ERC20 compatible. Keep in mind those investors who have Smart Contracts in special deposit wallets that are tied to their accounts will receive their share of revenue in proportion to the number of Smart Contracts deposited by investors to the total amount of the deposited Smart Contracts on monthly basis.

Ascensus Energy Ltd. reserves the right to request further information or confirmation of provided information within "Know Your Client” policy. We won't be able to send you the Smart Contracts until you provide us required information.

Smart Contracts will be published on our page on GitHub: https://github.com/ascensusenergy.

 

 

We have combined the latest technologies, best practices and our own know-how to make investing in solar energy highly profitable. It will also contribute to helping Cyprus to reach the target in sustainable energy levels produced and reduce carbon dioxide emissions.

And 100% of the net profit, verified by an independent auditor selected by the Crypto shares holders, will be sent to the Crypto shares holders. We guarantee the legitimate rights of investors and provide a completely transparent business via registering Crypto shares under EU rules. No one has done this before. We don't hide company's money. We are open minded peoples and we believe that business should be responsible to investors.

 

And there is no longer any need to worry about bubbles.  


Our site: https://www.ascensusenergy.com

Whitepaper: https://storage.googleapis.com/tech-descr/ΝεοςΑΠΕΓΛ.pdf

Facebook: https://www.facebook.com/ascensusenergy/

Twitter: https://twitter.com/AscensusEnergy

Instagram: https://www.instagram.com/ascensusenergy/

Telegram: https://t.me/ascensusenergy/