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

[djorkaef]

Return on Invest: 161% per year

Normally when anyone sees that, all ponzi scheme and scam alerts should go off.

Between reinvestment and usual business a 3.88x returnon the original capital over 5 years(as suggested by the numbers estimated on the page you refer)  isnt infeasible at all.

Maybe you cannot read, go to the website:

Invest $1,000

Projected annual token profit:
Year 1   $1,610
Year 2   $2,258
Year 3   $3,167
Year 4   $4,442
Year 5   $6,230
Total Profit:   $17,707

They talk about 17,707 dollar profit with an investment of 1000 dollar. That is 17,7x the returnon the orginal capital over 5 years. Not 3.88x. Still no alarm bell? WTF
 

One of the world’s largest cryptocurrency exchanges, HitBTC, will trade EVN tokens after the envion ICO completes


This thing has 1,5-2 star reviews on all crypto exchange review pages.

World's largest and mediocre reviews arent mutually exclusive features.

That doesn't matter, fact is they list one of the worst exchanges ever. Whatever deceiving name they give then doesn't matter. No they didn't lie, so what? It is a bad exchange so it's still bad.

Another aspect is that they assume GPU/ASIC mining is the future for at least the next 5 years.
If tomorrow the main coins are going proof-of-stake or proof-of-capacity, this whole project goes to the drain.

From the "main" mineable coins only ethereum has declared intention to transition to PoS and thats still without a precise ETA.
Bitcoin, LTC, Dash and their forks/clones of the SHA256/Scrypt/X11 algorithm family are years away from even initiating such transition and even if say they were hypothetically PoS tomorrow mining altcoins would still be profitable.

Ethereum is 20% of the main mineable coins, it is even running this token. Power consumption is an issue. The issue is not solved by putting miners next to power plants. The issue is solved by using less wastefull algoritms. That is what will happen and what is happening. 5 years is forever.
 

Even the fact they reached exactly 100 million dollars with this ICO starts to ring a bell now.

On the contrary, such an amount can and will lead to economies of scale that will make it easier for them to achieve their goals.

I meant that I am not sure they 'really' got 100 million dollars. They can very much artificially say that. They wouldn't be the first ponzi scam artist to do that.

[republicrypto]

Already they mentioned after the conclusion of the ICO, they will start listing this coin in the exchange. They mentioned it at the time of ICO firstly Envion will list in HitBtc exchange.

yeah, i know that,,
in my opinion hitbtc is th first exchange for envion,
the first mate, not the last, and i believe this token will be listed on major exchange too,,
but all of us do not know when 

[infested999]

I get this msg when i try to verify the KYC: "We could not save your data. Please check your input and make sure you are still logged in. You can also try to repeat steps with another browser or device. If error still occurs please try again later first and then" contact our support.
What to do?

[123newath]

Congratulations guys...

[indo1]

I think envion project can entering livecoin too after hitbtc with their succesfull project , volume trading will grow because this is best ico #6 if I`m not wrong

[Bitcoin Acemisi]

You said you will change ranks at the end of campaign, can you change my rank to Full Member please?

[greytex]

I still have my tokens locked on the platform. How to unlock them?

[onebtcforlife]

Still, nobody is responding to the bounty whether to remove the signature or not, who is the active person in the bounty section in order to ask some question about the project. Can anyone suggest me what is the best way to communicate with the team?

[percy_tc]

Still, nobody is responding to the bounty whether to remove the signature or not, who is the active person in the bounty section in order to ask some question about the project. Can anyone suggest me what is the best way to communicate with the team?

They are very responsive to mails.

[mpeis007]

Return on Invest: 161% per year

Normally when anyone sees that, all ponzi scheme and scam alerts should go off.

Between reinvestment and usual business a 3.88x returnon the original capital over 5 years(as suggested by the numbers estimated on the page you refer)  isnt infeasible at all.

Maybe you cannot read, go to the website:

Invest $1,000

Projected annual token profit:
Year 1   $1,610
Year 2   $2,258
Year 3   $3,167
Year 4   $4,442
Year 5   $6,230
Total Profit:   $17,707

They talk about 17,707 dollar profit with an investment of 1000 dollar. That is 17,7x the returnon the orginal capital over 5 years. Not 3.88x. Still no alarm bell? WTF
 

I stand corrected. Its a projection anyway and I ll be more than happy with way less than that.

One of the world’s largest cryptocurrency exchanges, HitBTC, will trade EVN tokens after the envion ICO completes


This thing has 1,5-2 star reviews on all crypto exchange review pages.

World's largest and mediocre reviews arent mutually exclusive features.

That doesn't matter, fact is they list one of the worst exchanges ever. Whatever deceiving name they give then doesn't matter. No they didn't lie, so what? It is a bad exchange so it's still bad.

Worst or not, it IS one of the world's largest and for a token straight off the ICO I wouldn't expect a heavy-hitter exchange listing it already anyway. Progression to larger/better exchanges is always gradual.

Another aspect is that they assume GPU/ASIC mining is the future for at least the next 5 years.
If tomorrow the main coins are going proof-of-stake or proof-of-capacity, this whole project goes to the drain.

From the "main" mineable coins only ethereum has declared intention to transition to PoS and thats still without a precise ETA.
Bitcoin, LTC, Dash and their forks/clones of the SHA256/Scrypt/X11 algorithm family are years away from even initiating such transition and even if say they were hypothetically PoS tomorrow mining altcoins would still be profitable.

Ethereum is 20% of the main mineable coins, it is even running this token. Power consumption is an issue. The issue is not solved by putting miners next to power plants. The issue is solved by using less wastefull algoritms. That is what will happen and what is happening. 5 years is forever.

What is happening is smaller cap and/or new coins that are still in their infancy/proof of concept phase switching to PoS. The implications of switching to it solely are far greater than you perceive, especially for a 100B+ coin like Ethereum that is also a utility platform used by thousands of tokens etc. Thats why we have only a letter of intent from them declaring a switch to PoS sometime in the future. Plus there will still be 80% remaining that hasnt even declared any intention for such a switch, let alone implement it or release it on their main nets.

Even the fact they reached exactly 100 million dollars with this ICO starts to ring a bell now.

On the contrary, such an amount can and will lead to economies of scale that will make it easier for them to achieve their goals.

I meant that I am not sure they 'really' got 100 million dollars. They can very much artificially say that. They wouldn't be the first ponzi scam artist to do that.

They can only inflate the fiat deposits they got if they wished to do so, deposits in crypto are transparent though and even you can view them and judge for yourself.
Direct deposits in ETH in their smart contract alone account for 46.735 ETH or a value of ~67mill $ during the time of ICO close (14th of January) so yeah I do believe they really got the totals they claim.

[Hotel_Prodeo]

Congratulations to team has raised more than $100 millions, I glad as part with this project although only invest with a little ETH.

[CJNCRYPTO]

Just wondering about how will they make things coll in sutch a crowder space in metal containers on probably on outdoors in hot sunny places by the solar plant. Also licenses and put in place fees .. i dont know if it is economically viabel.

[jyrkka]

My tokens are also still "locked" on their platform. No options to move them anywhere. It has been saying "Functionality to transfer tokens that have been purchased with Bitcoin or credit card is coming in the next days". Same text has been there for atleast a week or two. Also they have never asked any ETH adress to receive any profits.

Also i´m bit pissed off, as when investing i needed to do full KYC (including sending pics of my driving licence). Then later i received email that i need to do some video verification again WITHIN 3 DAYS. 3 DAYS? 3 days notice time is very short in my mind, and what´s ridiculous i received this email on friday, and this video id verification service is open only from monday to saturday during working hours. Sunday it´s closed. Well, i struggled to find some time, scrape off paint from my laptop camera, hit, kick and yelled my laptop to get microphone working etc.. But now my driving licence was not valid document anymore (eventhough it was stated that my country driving licence would be valid document for id verification). So i needed to show also my passport during this video interview. This video id proofing service was go.online-ident.ch. If i would knew i need to give all my personal details, driving licence and later also my passport to some random Chinese (i guess) service, i would have concidered if i want to invest in this in the first place.

So far i have given my investment (in BTC) and my full identity. But in return i´ve got nothing. I have no control of my EVN tokens, and they have not asked any adress where they could send me any rewards. This has raised some doubts and made me thinking if my investment (and identity) has been stolen. I hope not for sake of all invested people.

[lotfiuser]

so when we will be able to take our token ? when the KYC verification finish and why even kyc on tokens ?

[kobeotto]

so when we will be able to take our token ? when the KYC verification finish and why even kyc on tokens ?

I had my token in my Mew address... some1 know when and where will be in exchange? just to know...

[Viecoin]

Just wondering about how will they make things coll in sutch a crowder space in metal containers on probably on outdoors in hot sunny places by the solar plant. Also licenses and put in place fees .. i dont know if it is economically viabel.

Read their 61 page whitepaper. Goes over their patented cooling system.

[semenrublev]

A company called ENVION created a Mining Contanier. This is like a Rig concept and can be shipped directly to you.
So it become a plug and play container for mining and It works with solar panels. For this reason it give you Access to Cheap Energy.

[mpeis007]

so when we will be able to take our token ? when the KYC verification finish and why even kyc on tokens ?

I had my token in my Mew address... some1 know when and where will be in exchange? just to know...

Its a security token paying dividends and all hence why certain countries like the US and Germany were completely left outside and also why KYC procedures were in place.

[ismetdai]

Return on Invest: 161% per year


Projected annual token profit:
Year 1   $1,610
Year 2   $2,258
Year 3   $3,167
Year 4   $4,442
Year 5   $6,230
Total Profit:   $17,707

They talk about 17,707 dollar profit with an investment of 1000 dollar. That is 17,7x the returnon the orginal capital over 5 years. Not 3.88x. Still no alarm bell? WTF
 

If you had invested 1000 in mining 5 years ago, bought new mining rigs every year with your profit, how much money would you have now? Pretty sure you'd have a lot more than that. To add to that point, Envion doesn't particularly promise that money. They promise to distribute 75% of their mining profits among token holders. That profit might be 0, might be 500% depending on the market and mining difficulty. Why do you think mining rigs are sold out the day they hit the market and resold 4-5x the price second hand? Because mining is that much profitable.

[stan86]

https://twitter.com/envion_org/status/954016599962464257
New links for all investors who were not supported at IDnow Video-Ident yet will be sent out tonight!