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

[hieuskyer99]

It sucks that's true..but quite common with foreign investments, which is what envion is.

[duocnguyen]

I really believe..just need the token in my account😁😁😁 feel much better.

[liquidcryptos]

I just looked at the prospectus and it seems the company is taxed 35%, hence why it is used to calculate profits as this is a swiss company. 
It says right in the prospectus thatvtoken holders are responsible for taxes in their own country.

That is incorrect. I have an accounting background also.
If you are referring to this:
All payments to be made by the Issuer under the Tokens may be subject to Swiss
withholding tax in the amount of 35% (at the moment of conclusion of this Agreement). The
Issuer is obliged to deduct this withholding tax on each payment and to forward the withholding
tax to the Swiss Federal Tax Administration

That has nothing to do with the corporation. It has to do with YOUR taxation, they may withhold that tax because they assume you are paying taxes in Switzerland. As it explains, you have to fill out paperwork to recover this money for YOUR OWN taxes. If you are not swiss you will most likely get that money back and have to pay it in your own country.

[ceaa]

so, do what you people think? is it safe to invest in this ICO?

Please read the whitepaper and conduct your own research. Anyone on a public forum like this could have their own motivations for telling you something. Be it bounties, price manipulation, trolling, or just flat out mean-spiritedness. The best way to find confidence in your own investment is to KNOW that it is worthwhile to invest your hard-earned money.

[franc0]

I invested in Pre-ico, participated in the translation bounty AND signature bounty, I think this will be a really good project and will reward investors nice dividends. Can't wait for the whole thing to rol.

[nick_2002]

What do you think about technical and computer sides of the project?
Financial sisde looks very good. Price of ether is conservative - $400.
Buying big volume of computers gets better price.
One mining ferm costs about $3-$5 mln

I don't understand technical details - is the hardware good or not?
25% of amortization - is it enought for projected growth?

The idea is very reasonable - use places with low prices of electricity.
What about cooling - could the container work as refrigerartor?

Do USA, Germany laws regulate this project (financial side)

The initial capital is 150 000 Swiss franks

the project looks good for me, but I am not a computer specialist and not a miner. Could some one tell a few words about technical sides

[nick_2002]

"$5 MILLION CONTRIBUTION FROM MAJOR INVESTOR CAPS OFF ENVION'S BLOWOUT $30 MILLION WEEKEND

A major investor made a massive splash with a $5M ticket to lead this weekend’s USD 31,000,000 combined investment, eyeing a third-party-operations deal up to nine figures after the ICO and boosting envion’s ICO fast towards its goals"

Anyone knows or suggests who it could be?

Major investor should have a good expertise of the project

[Misha76]

Here's another competitor I uncovered in my research.

Giga-Watt is a mining operation based in Washington state where there is access to cheap hydro-electric power. A big advantage of hydroelectric power is that it is a green energy source with 24/7 availability. As discussed earlier, other green energy sources like solar and wind will need to be supplemented with grid or diesel power, at least until battery technology comes down in cost.

In envion's whitepaper, they claim an average energy cost of $0.03 kWh. That's pretty cheap, but interestingly, Giga-Watt's energy cost is actually slightly less at $0.028 kWh (per page 9 of their whitepaper: https://wtt.cryptonomos.com/white-paper.pdf). Both these companies have essentially the same power costs, but Giga-Watt has all their facilities at one location. This is a huge advantage as it makes building, management, and maintenance of the miners vastly easier and more efficient. One of envion's supposed competitive advantages is that with their MMU pods, they can go anywhere in the world to where energy is cheapest. But why go through the risk and expense of chasing cheap energy costs around the world when you can just set up in one place and have an ultimately lower energy cost?

Giga-Watt also has a huge head start as they are already operational and continue to expand. They also seem to be much more transparent with investor communication - between their website and YouTube, there are literally dozens of photos and videos of their existing facility as well as expansion progress.

One of their biggest problems is... securing access to miners. They simply can't get enough of them. The lack of mining equipment supply is definitely a recurring theme and I don't see how envion will be able to overcome this.

I was originally planning to put a relatively large (for me) investment into the envion ICO. I was all prepared and ready to go (MetaMask set up, sufficient ETH secured, required documents in place including having to pay to get investor accreditation since I am in the US). Last night I went to bed with enough doubt that I decided I was willing to let the initial $0.70 window pass. Now with the additional info I'm finding this morning, I feel delaying my decision was the right thing to do. Unless someone (ideally directly from envion) can address what I feel are serious concerns (specifically, how does envion expect to gain priority access to a large volume of mining components?), then I will likely pass on this ICO.

Hey there. I would agree about getting a statement from them about how exactly they are getting them, that would be nice. I asked them and they said they have connections but cant release the exact info because it would help competitors. There was a previous post from one of their advisors that i read that said they had their miners already secured. I went back and found the post, it is here: https://bitcointalk.org/index.php?topic=2348435.msg24716291;topicseen#msg24716291   I find it does give some information, but it specifically says GPU now that im reading it. GPU's i dont think there are a shortage of. I just bought about 15 of them on black friday at a good price. I think a few key statements from them would be good. My hope is that they will announce something during the ico (probably when the coin cost is 1.00 not .70 cents because they want to maximize $ per coin), to boost sales. For instance they just announced the partnership with the royal family of Dubai. ENVION, we would appreciate any comments you could provide on specifically if you have secured ASIC miners specifically. (If they are actually reading this post)

-FOLLOW UP - so the company wont comment on wether they have ASIC miners, but do comment that they have GPU miners secured.. so that means they probably do not have them. Or they are waiting for token price to be $1 to announce to maximize profit.

I asked the same thing on their Medium page and received no response, which put me off them somewhat.  Access to miners is a a major hurdle.  I still invested a little though yesterday just to see what may come of it.  But usually organisations or people with shitload of capital have direct access to bulk orders.  They will have flown to china, met with, held hands and whispered sweet nothings into the ears of the big manufacturers to strike up good relationships, and so by-pass much of the crap us low lives have to deal with to buy miners independently on small scale.  But it's all speculation and gambling, hardly investing at this point.  See how the cards fall...

[matale0]

https://twitter.com/envion_org/status/942512739263623171

[joelkatumb]

Based on the background, I found this to be a pretty interesting idea

[matale0]

Good sign I think

Im only 3k$ in Think should get more now

"$5 MILLION CONTRIBUTION FROM MAJOR INVESTOR CAPS OFF ENVION'S BLOWOUT $30 MILLION WEEKEND

A major investor made a massive splash with a $5M ticket to lead this weekend’s USD 31,000,000 combined investment, eyeing a third-party-operations deal up to nine figures after the ICO and boosting envion’s ICO fast towards its goals"

Anyone knows or suggests who it could be?

Major investor should have a good expertise of the project

[zhugy78]

There is a huge profit in the mining industry, and the success of the Envion project will undoubtedly be significant to the contribution of the earth's energy industry chain.

[wgq1981]

If you carefully read Envion's white paper, then the block chain idea is very good. I will actively join in this project, and I have been concerned about its trend in the next 3 years. Of course, it expects it to bring me substantial returns.

[theskyer95567]

Which sucks, because paypal has all kinds of scam protections and money back guarantees. for a first time ico investor like me that would've been a certainty.

[bulacarango]

I buy a token at 0.70 usd WITH THE 30% discount I will stay more or less at 0.49 usd is this what I understand or if it is what it is? because that's how I do the calculation.

[duocnguyen]

I logged in the next day to do it and says already submitted and I can’t go back to actually submit.

[campion99]

I have a question. My credit card purchases were rejected because the website is blocked by my babk. I did the purchase using a friend credit card. Any issues with that?

[hieubigkool]

Laurent I didn’t submit documents as was late at night and had work in morning they said on here could complete KYC at later date.

[hieuskyer99]

All businesses have risks and fears of course, so just wondering what Envion's is

[bulacarango]

 I would ask you as the business what the biggest fear or risk in Envion is. What would your answer be?