Envion Menjaga sumber data yang stabil untuk bisnis yang baik

Januari 07, 2018

ABSTRACT

When cryptomining was still in its infancy, it was well distributed among a couple of thousand private miners, governed by transparent rules and not harmful to the climate because its energy requirements were microscopic. All that has changed: the exponential growth of cryptocurrencies has led to a dramatic increase in the sector’s energy consumption and a concentration of mining activities in countries with low social and environmental standards - where electricity is produced using predominantly fossil fuels. Even worse, the concentration of mining power in the hands of a couple of large corporations is distorting the formerly democratic decision-making process in these networks: changes in protocols and hard forks are in danger of being influenced by the economic interests of a few.

Envion has developed a system of Mobile Mining Units (MMUs) that can tap electricity directly at the source: at hydro, solar, wind and fossil power plants in every corner of the planet. Our MMUs are based on standard intermodal (sea) containers, equipped with mining hardware, communication and industry 4.0 automation features, remote control capabilities and a break-through cooling system that only makes up ~1% of the system‘s total energy consumption. Altogether it’s a high-tech solution that can be seamlessly deployed globally and allows us to use the cleanest and cheapest energy mix wherever it is available.

The flexibility of the MMU system helps us to fuse two of the most important sectors of the 21st century: blockchain technology and renewable energies. Using the dynamics of exponential growth for both, we promote climate preservation and the welfare of our token holders. It is the physical incarnation of the blockchain spirit: a robust and decentralized system that can withstand disruptions in government policies, price structures and the energy supply.

The solution envion provides has all the necessary competitive advantages, follows a decentralized approach and provides voting rights for an experience that has been under pressure from the concentration of mining power

ICO DETAILS

The EVN token is an ERC-20 standard-based Ethereum token. EVN tokens grant their holders the right to: 1 receive 100% of the earnings of our proprietary mining operation in two steps: • 75% payed out immediately • 25% reinvested to boost future payouts 2 receive 35% of envion‘s earnings from mining by third-party operations 3 voting and veto in important decisions of the company’s strategy Tokens will be offered for 31 days, starting on December 15th, 2017 and ending on January 14th, 2018. EVN ICO is conducted by envion - the first mobile - mining solution in the world - targeting energy at its very source. The offering will be open to the global public. Restrictions apply for residents of Germany and US-based investors.

TOKENS

EVN Tokens are based on the ERC20 protocol, which determines that up to 150 million tokens will be issued with a nominal price of $1. The final allocation is set up as follows:
• 83% investors
• 10% founders
• 5% envion company, e.g. for the remuneration of a dvisors, etc.
• 2% bounty program

Any tokens not allocated to investors, founders or the company shall not be created. In other words the maximum token number can never exceed 150 million, whereas investors participate with 83% or a maximum of 124,500,000 tokens, founders participate with 10% or a maximum of 15,000,000 tokens and the envion company holds 7% or a maximum of 10,500,000 tokens (e.g. for the remuneration of advisors). The tokens carry voting rights. From time to time, when envion has to take strategic decisions regarding mining operations, the company will bring these decisions to a vote with token holders who have the right to veto the company’s proposals. A voting process will be installed based on the EVN token’s smart contract. The tokens carry the right to receive dividends from the mining operation. Dividends are calculated solely on the basis of the net profit of the mining operation. They are not based on envion’s profit and loss statement (P&L), which might carry risks not related to the mining business. The envion business model for mining has two components:

1). Proprietary Operations (PO) where envion invests in, owns and operates the MMUs. Token holders are the 100% beneficiary of the earnings of proprietary operations.
2). Third-Party Operations (TPO) where an independent company, such as a utility or an investment fund, acquires the MMUs while envion operates them. For this operation, envion will be rewarded with a share of the mining revenues. 35% of the earnings of this business model will be distributed to token holders.

Earnings in Proprietary Operations are comprised of the total rewards minus operation costs: such as, but not limited to, costs for electricity, rent/land lease for containers, hardware replacements to ensure the continuity of envion’s mining operation (stabilize the MMU’s performance and counter e.g. difficulty increases or other efficiency losses directly connected to the mining process), depreciation and a handling fee for the company’s overhead). The calculation of earnings in Third-Party Operations depends on the agreement with the third party, but will exclude depreciation. 100% of PO and 35% of TPO will make up the fund that is ready for distribution to token holders. But that’s not enough in our eyes. In order to accelerate earnings growth, we have decided to invest one quarter of the annual earnings fund to build new MMUs and lay the foundation for more earnings - and for exponential growth. Three quarters of the earnings will be distributed immediately - and that means on a weekly basis.

Team