[ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure

[AzakeB]

I have a couple of questions...

1) How are the dividends paid exactly?

2) How often are the dividends paid?


Thank you

Hey Rob,

to your questions:

1) When you acquired EVN Tokens, you have to hold them in your MEW or MetaMask Wallet. The smart contract of Envion knows how much EVN Tokens the wallet is holding. Based on this you receive dividends, which are paid in ETH

2) Once mining has started you can expect payouts starting around end of Jan'18 on a weekly basis. The proposed ROI of 161% is calculated annually meaning one year after payouts starting you should have in sum a ROI of 161%+

Cheers

[AzakeB]

Has anyone discussed the economics of what these guys are proposing?

In general, a hallmark sign of noobs being played is when you get these outrageous proposals for ROI that your average person buying an ICO token would have no clue how to interpret because they lack sufficient technical and economic background to understand what's going on.

In a perfectly competitive environment there will be zero profits. That means you put in 100% you get back 100% due to a perfectly competitive environment. That doesn't mean nobody makes money. It just means at the end of the day the aggregate profits and losses in the market add up to zero. Given that Envion is competing based on energy costs, there advantages are slim due to the high number of entities using energy arbitrage as an advantage. In order to truly gain an advantage you would need to develop the next ASIC or the next node for a graphics card, both of which are insanely difficult and costly and also highly competitive.

In a low or negative interest rate type of environment, such as where your funding comes from an ICO at little to no risk from the founding party the competitive environment could be a "negative" surplus environment where everyone puts in 100% and on average everyone gets back less than 100% due to excessive competition. For example, if the market supports $0 profit in a perfectly competitive environment with 10 players you might invest $1000 and get $1000 back. But if even one more entrant enters the market then you suddenly have 11 players competing for $10,000. Unless the market grows to $11,000 then your average return per player becomes $909. Many markets suffer from this deflationary expectation and with crypto you generally don't have this problem, but over the short term, should too much competition enter the market with too much funding/easy money supporting it you could see a very problematic situation, aka a mining bubble (not a crypto asset bubble).

In order for mining to increase in profitability you need increasing levels of transaction volume. So if volumes stay at X but miner hash rate goes from Y to 2Y the difficulty level will increase and returns will go from Z to Z/2, i.e. half. You can see for example how Antminer D3s (and their competitors from Inno and Pinidea) significantly distorted the market from around July 2017 to now by exponentially increasing the hash rate in a way that far exceeded the growth in transaction volume. Miner profitability is dependent on a high rate of transaction volume growth.

Envion cannot control transaction volume growth. There are NO GUARANTEED returns in mining. They can take your money, build MMUs and if their competition is simultaneously increasing network hash rate in a similar manner mining the same coins while transaction volume stays flat or declines then profitability will stay flat or decline.

In a worst case scenario, which we have seen before, mining collapses entirely as you get a combination of 1) rapidly falling prices 2) rapidly declining transaction volume 3) rapidly declining mining profitability.

We have seen very significant and sudden price declines in the past year due to liquidity issues and if such a decline were to be sustained you could see serious problems with the Envion model.

Just think about it. Russian players want to invest $100 M in mining. Japanese players are probably investing closer to $500 M in mining and mining hardware.

This project is up against a lot of competition. Unless someone has done the calculations showing probabilities of these various outcomes and scenarios I think generally speaking, investing in an ICO for mining is much higher risk than say, buying cloud mining or investing in a few machines and throwing them into a colo data center or your basement where you can start generating a return IMMEDIATELY.

Time is critical when mining. You shouldn't bet on something that doesn't exist yet because as we've found out from the past (google KNC miner, CoinTerra, Butterfly Labs) if you're not putting your money to work right now, the risks change in crypto so fast that by the time your money is going to work, it could be worth a lot less than when you had originally invested in it simply due to changes in market conditions that you failed to anticipate.

I have no problems with concepts like this but I think they're much higher risk than what most people understand due to the extremely high capital intensive investment required and the time, labor, and transactional (i.e. hiring/HR/admin/licensing, environmental, permitting) cost needed to develop that capital. There are serious supply chain (logistics) hurdles that I haven't even discussed, but I can assure you that if you are missing even a power cord, ethernet cable, PDU, PSU, circuit breaker, etc. then you can't do anything with the rest of the your equipment or you suffer losses or diminished returns while waiting for whatever you need.

hey.. the profits are totally reasonable. I mine and i make about the same profit. You must have no experience mining. all their figures are legit and determined through whattomine.com same thing i use and it is fairly accurate. once my miners were setup and running, i havent had to touch them once. just remotely from teamviewer sometimes i restart or adjust settings. now they are getting their equipment much cheaper than i am. also asic miners are more profitable than gpu miners in general ( i just use gpu), also they are getting far cheaper energy costs than i am.  pretty damn good company/ico in my books.

Yeah that's the point. Don't understand this guy. You could even reason with just one argument: If crypto mining isn't profitable why do we have mining companies?
Why did Satoshi invent a system, which reward miners? Why does it scale with volume, transactions and so on?
He ist just fud'ing

[cybercash]

I have a couple of questions...

1) How are the dividends paid exactly?

2) How often are the dividends paid?


Thank you

Hey Rob,

to your questions:

1) When you acquired EVN Tokens, you have to hold them in your MEW or MetaMask Wallet. The smart contract of Envion knows how much EVN Tokens the wallet is holding. Based on this you receive dividends, which are paid in ETH

2) Once mining has started you can expect payouts starting around end of Jan'18 on a weekly basis. The proposed ROI of 161% is calculated annually meaning one year after payouts starting you should have in sum a ROI of 161%+

Cheers

Hi AzakeB,

Is this a open-end or will end in certain year?

It's open end, if mining will still be profitable in a few years or even 100 years (I know rather not imagineable) then you could get your ROI forever... 

[Karl_Marx]

Guys, let me give give some advice.

This project is such a mess and has so much FUD damaging their reputation and creating doubts that in the months AFTER the ICO there will be a shitload of weak hands selling at huge discounts from ICO.

Just wait for the ICO to finish and the coin listing on ED. You will get in cheaper.

[limek74]

Its impossible to get some proper returns for thousends of token holders worth millions with thier 1 or 2 conteiners they got. Well in fact 1 working. Will takes forever to see that 161% they will need a lot of working cointeiners.

That's it what the ICO is all about... To collect money to build hundreds of containers to reach that conservative estimate (no guarantee) of 161%! By the way at this market prices of bitcoin and ethereum the ROI is even higher...

Obviously, there are some folks who keep spreading FUD (fear, doubt and uncertainty) in this channel. We don't know their underlying or rather ulterior motives for keep slamming this ICO. No doubt, certain information are not forthcoming due to NDA but this is part & parcel of the deal making process of securing the best contract terms post ICO. If one is not comfortable with the amount of info required, then it is only appropriate to leave this channel. For investors who are still interested to invest despite the lack of full information, invest ONLY what you can afford to lose!!

[bigcash2011]

The pre sale is going to open today, i see big community already present especially in their telegram channel, looks like big funds will be raised, lets see.

[premium_domainer]

The pre sale is going to open today, i see big community already present especially in their telegram channel, looks like big funds will be raised, lets see.

It is looking like it.

Too much hype for it right now so everybody expecting a strong start.

On the other hand, some scammers trying to spread the fud but don't think they will succeed.

[Dron Pelya]

It's less then 20 minutes left to begin of pre-sale. It's really interesting, how sale would going. I have high expectations for this project

[GreatFelix]

It's less then 20 minutes left to begin of pre-sale. It's really interesting, how sale would going. I have high expectations for this project

My personal feeling says: "sold out in 4 ETH blocks". The Token will be sold out in no time. The Alexa ranking just shows that there is this huge interest in there. Lets see what happens. I am kinda nervous - I'd never felt something like that for an ICO. 

[eprocent]

I have a couple of questions...

1) How are the dividends paid exactly?

2) How often are the dividends paid?


Thank you

All you have to do is to hold your EVN token in your ERC20 compatible wallet like myetherwallet.com (MEW) and per smart contract you will receive a dividend on the base of how many tokens you are holding paid out per week in ETH.

Hello. This sounds very interesting but according to what I be payed regarding the smartcontract? What condition are necesary in back of the smartcontract protocol to be payed weekly?

[Pfandgrinding]

did they just postponed the ICO for 2 hours? god dammit I nearly shat myself out of fear when the page wasn't loading

[bigcash2011]

They said it is not post poned but specific eth block needs to occur before the start of pre sale, so lets wait a little more and the sale will be opened.

[Godsrevenge]

*lol* Investments below 200k from German investors seems to be problematic, if I got it right. Thanks Bafin!

[Gwyn]

Guys, let me give give some advice.

This project is such a mess and has so much FUD damaging their reputation and creating doubts that in the months AFTER the ICO there will be a shitload of weak hands selling at huge discounts from ICO.

Just wait for the ICO to finish and the coin listing on ED. You will get in cheaper.

i sad ,but i must agreed with you ,there are more projects hit ED will below ICO price ,actuall can get cheaper coins

[SheepSuit]

Guys, let me give give some advice.

This project is such a mess and has so much FUD damaging their reputation and creating doubts that in the months AFTER the ICO there will be a shitload of weak hands selling at huge discounts from ICO.

Just wait for the ICO to finish and the coin listing on ED. You will get in cheaper.

i sad ,but i must agreed with you ,there are more projects hit ED will below ICO price ,actuall can get cheaper coins

What do you guys base this on? Just the FUD will cause it to drop ?

[Pfandgrinding]

Guys, let me give give some advice.

This project is such a mess and has so much FUD damaging their reputation and creating doubts that in the months AFTER the ICO there will be a shitload of weak hands selling at huge discounts from ICO.

Just wait for the ICO to finish and the coin listing on ED. You will get in cheaper.

i sad ,but i must agreed with you ,there are more projects hit ED will below ICO price ,actuall can get cheaper coins

What do you guys base this on? Just the FUD will cause it to drop ?

very unlikely

[AzakeB]

I have a couple of questions...

1) How are the dividends paid exactly?

2) How often are the dividends paid?


Thank you

Hey Rob,

to your questions:

1) When you acquired EVN Tokens, you have to hold them in your MEW or MetaMask Wallet. The smart contract of Envion knows how much EVN Tokens the wallet is holding. Based on this you receive dividends, which are paid in ETH

2) Once mining has started you can expect payouts starting around end of Jan'18 on a weekly basis. The proposed ROI of 161% is calculated annually meaning one year after payouts starting you should have in sum a ROI of 161%+

Cheers

Hi AzakeB,

Is this a open-end or will end in certain year?

Hey,

this is theoretically open end. Their forecast ends with the 5 year preview but this doesn't mean they will stop paying dividends. It's just an outlook and I think we can expect at least 2-5 years of profitable mining --> good dividends

[AzakeB]

Guys, let me give give some advice.

This project is such a mess and has so much FUD damaging their reputation and creating doubts that in the months AFTER the ICO there will be a shitload of weak hands selling at huge discounts from ICO.

Just wait for the ICO to finish and the coin listing on ED. You will get in cheaper.

i sad ,but i must agreed with you ,there are more projects hit ED will below ICO price ,actuall can get cheaper coins

What do you guys base this on? Just the FUD will cause it to drop ?

very unlikely

It's very unlikely people will drop the coin right after the ICO. Of course someone could exit with his 300k Invest when EVN is traded higher for ex. 130% of its ICO price, but then you will see no huge sell off. Maybe it starts again at $2. However I don't expect huge downside movements.

[caleb150]

Guys, let me give give some advice.

This project is such a mess and has so much FUD damaging their reputation and creating doubts that in the months AFTER the ICO there will be a shitload of weak hands selling at huge discounts from ICO.

Just wait for the ICO to finish and the coin listing on ED. You will get in cheaper.

i sad ,but i must agreed with you ,there are more projects hit ED will below ICO price ,actuall can get cheaper coins

What do you guys base this on? Just the FUD will cause it to drop ?

very unlikely

It's very unlikely people will drop the coin right after the ICO. Of course someone could exit with his 300k Invest when EVN is traded higher for ex. 130% of its ICO price, but then you will see no huge sell off. Maybe it starts again at $2. However I don't expect huge downside movements.

Given how big the spread of the market is right now, the is a good chance the token will perform well.

[CryptoChe]

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