Quote from: djorkaef on January 18, 2018, 06:53:21 PM

Quote from: ismetdai on January 18, 2018, 04:43:14 PM

Quote from: djorkaef on January 17, 2018, 07:01:27 PM

Return on Invest: 161% per year

Projected annual token profit:
Year 1   $1,610
Year 2   $2,258
Year 3   $3,167
Year 4   $4,442
Year 5   $6,230
Total Profit:   $17,707

They talk about 17,707 dollar profit with an investment of 1000 dollar. That is 17,7x the returnon the orginal capital over 5 years. Not 3.88x. Still no alarm bell? WTF

If you had invested 1000 in mining 5 years ago, bought new mining rigs every year with your profit, how much money would you have now? Pretty sure you'd have a lot more than that. To add to that point, Envion doesn't particularly promise that money. They promise to distribute 75% of their mining profits among token holders. That profit might be 0, might be 500% depending on the market and mining difficulty. Why do you think mining rigs are sold out the day they hit the market and resold 4-5x the price second hand? Because mining is that much profitable.

If you would have bought 1000 in coins 5 years ago, and kept them, how much money would you have now? Pretty sure you would also have a lot more then 17K. That does not give me the right to assume this will just continue the next 5 years and put that on my website.

That way, I could start my own ICO, a copy of this page, where you can send your bitcoins to me, and I could say I will buy miners with your money but just do nothing, but show a 17x profit the next 5 years at the front page. Why? Because bitcoin went up at least 17x the past 5 years and so that is my projected profit based on current mining and market conditions. And everyone would believe me and would be fine with that. Wtf is this.

Quote

To add to that point, Envion doesn't particularly promise that money.

No they don't promise that money, they only put it on the homepage and say it is a projected output.

"The above model shows the assumed return using an annual projected token profit based on a 25% reinvestment strategy and current mining difficulty & market conditions."

What do they mean current mining difficulty? The mining difficulty for the past 5 years has exploded. What do they mean current market conditions?
Where is the detailed calculation? This ico, at least the front page, is full of scam signs. Hopefully they deliver good product.

So, you do accept that the projection is feasible considering people invested in mining earned even a lot more than that in past years. You are sceptical because the crypto market can crash and you can't make any profit. That's the same risk when you buy your own mining rig. There's no free money without risks. Envion obviously put a lot of time and effort into this project, the project makes sense, seems feasible and people made a decision that feasibility outweights the risks. If you wanna create your own mining company, create your project put it out there, and people will invest if it's feasible. If you're afraid they'll run away with your money, that's the same risk with every ICO. Then leave the crypto sphere and sit on your cash, nobody is forcing you to take risks.