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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Class A Crypto shares - is this the best solution for Investment funds and ETFs? on: December 31, 2017, 06:25:37 PM
It's not about the dark side of the ICO as you are from that side Cheesy
4 team members looking for easy money, same was done already by Suncontract so you are
not new here

And you did not address the points of my previous post making you an even bigger scam

The bank did not give you money?
 
[/b]


Wow, so much bullshit! have not read so much in one post ever!...




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!" Smiley  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.

2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Class A Crypto shares - is this the best solution for Investment funds and ETFs? on: December 31, 2017, 07:33:53 AM
Wow, so much bullshit! have not read so much in one post ever!
Scammers from Cyprus where implementation of such project is impossible due to local regulation!

Just found 4 random guys with 0 experience offering securities
DO you have a confirmation by SEC and what exemptions are applied
EU Does not have Class A crypto stock status

So I guess you are looking for idiots who would put money in
Hopefully, there will be no stupid people around as Scams like yours damage the industry!


=====WARNING SCAMMERS========

[/b]

Class A Crypto shares of an energy company - is this the best solution for Investment funds and ETFs?
 

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.


 

 
Is it possible to solve these problems?


Absolutely, yes. Acsensus 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.

B. 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.

D. 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.

E. 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

 

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 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/


Thank You!


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