ENVION COULD BE THE ANSWER TO THE BLOCKCHAIN ENERGY CRISIS
Even if you’re new to the increasingly popular world of crypto, you’ll realize that the industry is growing at a rapid pace. New cryptocurrencies are being created all of the time, each offering an opportunity to participate in this lucrative market.
These virtual currencies work on a blockchain network, which in turn needs large amounts of energy to process transactions. These networks also need extensive hardware to calculate the complicated algorithms required to provide these secure transactions. This hardware is provided by miners. Because the process is extremely energy intensive, miners require access to low-cost electricity.
However, as the world grows and progress to an increasingly digitized age, electricity and power sources have become a sometimes-expensive commodity. Herein lies the problem. With the increase in crypto mining, comes an increase in energy consumption, growing from $2 billion to $20 billion over the next five years in the US alone.
In addition to moving towards a digital world, we’re also trying to move towards a more sustainable and eco-friendly world. A world that limits our environmental damage, while still getting the job done. Envion seems to have found the perfect balance between the two.
About Envion Project
Claiming to be the “future of smart decentralized blockchain structure”, Envion aims to create a global crypto-mining infrastructure by using modified mobile containers. One benefit of being mobile is that the containers can actually be delivered directly to the energy source. This is a great way to drastically reduce costs. In fact, these modular CSC containers offer a “plug-and-play” design, allowing for easy deployment.
In addition to mobility, Envion offers many other benefits, a huge one being providing access to cost-effective power. The popularity of solar power, and the increase in solar panel installations, has resulted in a dramatic price decrease of this energy source. These solar plants are experiencing situations of overcapacity, and Envion could be the solution to that by capitalizing on this highly affordable power source. Using solar power is a great way to go green as it is a truly renewable energy source.
Maintaining this revolutionary system is actually quite simple through remote maintenance. All of the containers are linked to a single decentralized network by using redundant satellite and 4G connections.
Cooling systems are very important to ensure efficiency. Through their patented cooling system, Envion is 40 times more efficient than “traditional data centers”. This means that their containers are exponentially more efficient than their traditional counterparts.
All of these advantages provide a high level of flexibility in who can actually make use of these mining units. Being completely decentralized means that Envion is not affected by government-controlled energy regulations or issues, including tariff hikes.
Advantages over competitors
- Envion has a huge advantage over competitors as they are the world’s only global mining operation, and are extremely affordable. In addition, they have created a mutually beneficial relationship between themselves and the various power plants they make use of. These plants are getting paid for essentially getting rid of their unused energy, while Envion is becoming the leader in decentralized mining.
- In addition, the blockchain community benefits as there will now be a stable and highly affordable way to mine. Envion also has an innovative reinvestment strategy which will foster a quick and continuous growth of their mobile unit fleet. This in turn would result in an increase in dividend payments for their members every year.
- The platform will run on the EVN token, which will be available to purchase, by ETH, BTC and credit card, once their ICO begins. Token holders will receive 100% of Envion’s earnings through reinvestments and dividend payouts. They will also hold decision-making powers with regard to Envion’s future business strategies.
- Even though the platform aims to be all-inclusive, there are some restrictions for potential token holders. They need to be Swiss nationals who are qualified investors under the country’s CIS. Non-Swiss investors are welcome as long as they do not hold a US passport, US green card or have a residence in the US. Lastly, accredited investors, under the US Securities Act, can also participate. More conditions may apply.
Envion’s phased ICO sale is scheduled to begin on the 1st of December and end on the 31st of December. Each phase will offer a different price for the EVN Token. Phase 1 will begin on the 1st of December, with one EVN costing $0.70. Phase 2 will start on the 3rd of December, and one token will cost $0.80. The 7th of December will see the start of Phase 3 where one EVN will cost $0.90. The last phase is scheduled for the 14th of December and one token will cost $1.00.
A total supply of 150 million tokens will be issued. Contributors will be able to purchase 83% of these tokens, while 10% will go to the founding team. A total of 5% will go into their reserve fund, and the remaining 2% has been allocated to the platform’s bounty program.
A total of 93% of the funds raised will be allocated to investing in the mobile units and growing the fleet. The remaining 7% will go towards research, development and administration.
Envion’s platform actually allows you to determine your investment profit based on how much you contribute. Their ROI is estimated to be 161%. Their investment strategy reinvests 25% of mining revenues back into growing the fleet, ensuring the growth of both the fleet and dividend payments. This also means that the value of the EVN tokens will also grow, which is great for investing as no more tokens will be sold after the ICO.
The Swiss-based platform and professional team is led by CEO, Matthias Woestmann. The first mining unit was launched in 2015 and the company began mining in all environments this year. Envion plans on listing on exchanges in the future, and have planned the mass production of the mobile units for next year.
The platform seems to provide a complete solution to the energy crisis affecting the crypto industry and blockchain technology as a whole. Offering sustainable, affordable and mobile energy sources will pave the way for an easier transition for the global adoption of blockchain and all of its many benefits.
Website : https://www.envion.org
Whitepaper : https://www.envion.org/en/download/envion_whitepaper.pdf
Created By: Peot