The founders of envion are postponing the start of the ICO until the 15th of December in order to open the ICO to a broader public, lay the foundation for future top-level cooperations and make it the most cross-border compliant ICO so far.
Large institutions, among them sovereign funds and one of the largest banks of the world approached us with very large deals in the weeks following envion’s ICO announcement. A prerequisite to these partnerships is that envion meets the same high level of compliance with securities laws that these customers are used to. We decided to meet even higher standards and an international, cross-border old economy compatible prospectus to take advantage of these offers.
We are still coordinating with different law firms in many jurisdictions to prepare our prospectuses. Even though it is not required to have these prospectuses to conduct our ICO, envion has decided to act in the best interest of token holders and change the ICO start date to ensure that the deals described above can be closed without delay.
Advantages for token holders:
• Swiss users can take part in the ICO without restriction
• EVN tokens should be tradable at official and licensed US exchanges
• Banks and other financial institutions can more easily create cooperation models with envion and increase token holder profits
• envion lays the foundation for top-level cooperations
• EVN token on the way to be the best regulated security token so far — broader market — higher value potential
• Even better ROI due to Third-Party Operation business
Envion is sure that the inconvenience of waiting a few days to invest will not outweigh the great positive factors. To make sure our trusted ICO community does not get overshadowed by these big players, we will not involve them in the ICO, but instead have them participate later to follow through on our approach of decentralization by widest possible participation. Also, production and deployment of MMUs from the ICO will come first, before any others.
We want to remind you that the start date is the only change to the ICO. Everything else will remain the same:
• the terms of the ICO
• tokens and smart contracts
• dividend payouts
• envion’s Mobile Mining Units
• the dates for production and payouts.
Moving up the compliance ladder will attract larger tickets and strengthen envion and your investment. Future top level cooperations are advantageous for token holders because it increases envion’s competitiveness and expands the potential of Third-Party Operations to grow in scale — the business division with the largest potential for long-term profits where token holders get an additional percentage from, which is not included in the calculations we have shown.
Top-level cooperation benefits
• Greater global market share attracts better deals for higher profits
• More resources to invest in innovation
• Finance business development
Envion is a startup on the path to becoming a global enterprise. The envion team has faith that the 70,000 investors registered for the presale, the 7,000-strong Telegram community, and our one million website visitors — in just one month! — will see the wisdom of this decision and meet us for an even bigger ICO pre-sale on December 15th.
