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Frequently Asked

General Questions

Please click on each question to get an answer.
If your question is not here, don’t hesitate to contact us.

What is the minimum investment

No minimum investment has been fixed yet.

I’m from XXXXX, can I invest?

Envion does not exclude persons from any nations from participating in the ICO. US residents, citizens, and Green Card holders will need to confirm their eligibility as accredited investors (details here). All participants are encouraged to check up on any local ICO rules.

Investors whose country of residence is Germany may not invest in EVN tokens. Please be advised that this restriction is due to envion's special status as a security token.

As an alternative to providing financial documents, US investors can be automatically accredited if they instead demonstrate proof that they posses a wallet containing at least USD $1 million worth of cryptocurrency.
Austrian residents may only invest amounts greater than 125000€.

Is there a bounty or affiliate program?

Details on the bounty program are available here: https://bitcointalk.org/index.php?topic=2349366

There will be no affiliate or referral program for the first round of the ICO. Join our Telegram channel #Envion_announcements to receive information when it becomes available: https://t.me/ENVION_Ann

What payment is accepted during the ICO?

We accept Ethereum (ETH) and Bitcoin (BTC) cryptocurrencies and credit card payments with Visa or Mastercard. Investors can avoid transaction fees and receive the highest number of tokens by paying with ETH.

Note: Credit card payments will be subject to transaction fees which will be deducted from your purchase resulting in fewer tokens. Your tokens will be locked (no sales and no payments) until we can secure the community from chargebacks. This period could be anywhere between 2 months and one year. You will not receive any payments during this time, though dividend payments will be made retroactively for the locked period after tokens are unlocked.

Which exchanges will offer your coin?

Tokens will be purchased directly from envion during the ICO. There is a hard cap of 150 million tokens. Any unsold tokens will not be generated.

The EVN security token is fully compliant with US and Swiss financial authority regulations. EVN tokens may be traded on secondary exchanges after the ICO in addition to public regulated exchanges.

Here’s an idea of what that might look like: https://www.bloomberg.com/news/articles/2017-09-27/overstock-unit-starting-an-exchange-for-digital-coin-trading

What will the price be on exchanges after the ICO?

Secondary markets are not controlled by envion. We expect the trading price to rise steadily, but dividend payments for token holders are tied to the real value of mining profits and will not be affected by positive or negative trading price fluctuations.

When will payouts begin and how will they work?

Weekly payments will be paid to EVN token holders in Ether (ETH) when the full production of ICO-funded MMUs is deployed and installed. Envion hopes to support additional currencies in the future—maybe even fiat if the community asks for it.

To make sure that the transaction fees do not exceed the payout amount or represent a big part of the payout, we will automatically set minimum payouts based on the transaction fees. Example: a token holder whose payout would be one USD would not receive their payment if the transaction fee were one USD. Instead, the payment would be held until the following week or until the payment amount reached a level where transaction fees did not eat the profits.

Mining will begin soon after the ICO is complete and mass production of MMUs will start in spring. Dividends will begin for token holders at different times according to when the minimum payment threshold is met for each individual, e.g. holding 100k tokens means you will get a payout sooner because you will reach the payout minimum before someone holding 500 tokens.

Payouts will continue as long as mining is profitable for the lifetime of the token contact.

Do I need a special wallet for the tokens?

You will need an ERC20 compatible wallet to store your EVN tokens. We recommend to use the MetaMask plugin for Chrome as it is the easiest way and does most of the work for you.

Buying EtherToken Sale OverviewTokensale Guide

Can I buy a Mobile Mining Unit?

Envion does not sell our Mobile Mining Units to individuals. We do have options for third-party co-operations for our industry customers.

If you are not an industry customer, then the best option for you is to participate in our ICO. Dividend payouts will begin almost immediately and you will profit from the entire envion MMU operation. https://www.envion.org/en/ico/

If you are an industry customer, then please send us an email to [email protected], subject: Purchase Request, with the following information so that we can direct your request to our sales team:

Type of electricity generation for your power plant
Indication of electricity prices at you location
Estimate of how many units you would like to purchase

Who can I call to speak directly with someone at envion?

Envion offers additional customer services to individuals investing over USD $1 million. Please contact our investor relations team at [email protected] and we will get in touch with you.

How can I be sure this isn’t a scam?

Envion encourages everyone to do thorough research before investing. Our founding team has decades of experience in the German business community and all of their activities are public. Our token is fully compliant with regulations set by the SEC and Swiss financial regulators and outside auditors from one of the Big Four auditing firms will vet every aspect of the business, including prior to the ICO. You can even come to Berlin and see the mobile mining unit in operation for yourself.

How do you keep the MMUs secure?

Our mobile mining units have multiple layers of security to keep your investment safe.

The first layer of security is provided by virtue of their placement near power plants, which already offer a high degree of physical security.

The available security on site is one of the criteria that are taken into account when choosing an installation location.

The second layer will come from the maintenance and security staff hired to monitor the units deployed in large arrays at the first sites. For example, this might include an external security company that monitors a multi-unit array.

The third layer consists of standard physical barriers like barbed wire and our automated doorman system including heavy locks operated by our servers. This level includes motion sensors, etc. that all report directly to our cloud application.

This software is already running in our first generation of MMUs!

Last but not least, our mobile mining units are insured against theft, damage and natural disasters like floods, so even unavoidable natural catastrophes and adverse events will not threaten our operations.

Can I work for envion?

Thanks for your interest. You can check our website for opportunities.


Are your mining units bad for the environment?

Envion is solving a problem in the green energy industry that has a large impact on the environment: wasted capacity and high costs for renewable plant operators. Renewable energy providers like solar and wind plant owners sell energy below cost or pay to feed into the grid when there is too much capacity. We incentivize the construction of green energy power plants by rewarding plant operators for producing at full capacity. We also reduce the environmental impact of the energy-intensive infrastructure of the blockchain with a patent-pending cooling system that does not use air-conditioning.

Smart mining operations for smart investors.
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