Envion is a new mining company that decentralises their mines and put them in direct connection with green energy producers. Like 803Mine they will provide a dividend (weekly) starting January.
While the idea is very nice, it seems to be a bit utopian.
1. It shouldn’t be that hard to steal the material.
2. They don’t really take into account the costs of employees in their model.
3. They’re not that experienced in mining.
4. Their financial expectations are really high! (return of 161%)
On another note, the project is super hyped which will attract a lot of investors and the pre-ico price has a discount of 30%.
Therefore, it should be worth investing and see how it goes.
Best case I get weekly dividends.
Worst case, I should be able to sell the tokens in an exchange and still have some gains.