What is it ?
Envion is a mobile data center which uses low priced, green energy to mine a broad spectrum of cyptocurrencies. They aim to disrupt and decentralize the mining market by using green and efficient energy(e.g solar panels) directly at the source. Also they have created a proprietary cooling system, which is up to 40X more efficient than traditional data-center cooling systems. The data centers are actually build in containers and this makes them very mobile.
Tokens
Tokens is ERC-20 Ethereum token.
Benefits of buying and holding the token are significant, a token holder is entitled to:
receive 100% of the earnings mining operation(75% payed immediately, 25%reinvested)
receive 35% of Envion‘s third party mining earnings
voting and veto rights on the company important decisions.
Because of the said benefits, tokens are seen in U.S.A as securities and only accredited investors can invest.
See page 6 of the [white paper] (https://www.envion.org/en/download/envion_whitepaper.pdf).
Tokens will have a nominal price of 1 USD and will be max. 150.000.000. 83% out of 150.000.000 is allocated to investors, 10% to founders, 2% to Bounty adn 5% to Advisors and other. Tokens that are not sold will not be generated. This is great for the listing price of the token.
They already have raised more than 52.000.000 USD and on the 14th of January the ICO is ending.
Just think about all the mining businesses and how much success they had, e.g Hashflare, Genesis Mining and so on. This is way better and a unique opportunity. Just an example on how much you should expect on a 1000 USD investment in 5 years:
So you can expect 17000 USD in 5 years and this is does not take in consideration if the token gains value which will do.
They already have HITBTC as the first exchange planned.
Also the main problem which I see right now with all the mining businesses is scalibility. Envion takles this problem from the concept and comes with an elegant solution which is actually the design of the container. Each container has modular racks with own power supplies, relays, switches and mining workers; racks can also be expanded, replaced or exchanged. They also built their own OS(based on Linux).
The team is really good. They cover many areas of expertiese and in contrast to other ICO and projects this team is really legit and experienced. They all have LinkedIn (not that this can not be faked but still) and can really be traced. This is one of the projects that will be huge in 5 years. In only 2 years you will this token in top 25 on coinmarketcap.
Not to talk about the advisors where 3 of them are Professors at top Universities in Germany(also former state secretary in Germany) + they have huge exprience in Finance, Blockchain and Energy Renewables.
Also expectations are that in Q2/Q3 of 2018 will be the full rollout of the concept.
TIP: If you want to have a quick eye on the project here's their pitch: https://www.envion.org/en/download/envion_pitchdeck.pdf
Don't miss it:
Links:
ICO: https://www.envion.org/en/ico/
White Paper: https://www.envion.org/en/download/envion_whitepaper.pdf
Bitcointalk thread: https://bitcointalk.org/index.php?topic=2348435
Definitely something to look forward thanks!
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