◼ Envion ICO, one of the largest in history, closes in 2 days.
It has been an exciting week for us here at envion. We are thrilled to say that we have raised $68 million from investors so far. However, the envion ICO is ready to come to a close on January 14. Act quickly!
We announced yesterday that we’ve signed a Letter of Intent (LOI) with Boston, US-based 128 Technology to provide next-generation network technology for envion’s MMUs. 128 Technology provides intelligent IP routing that reduces bandwidth and latency while providing additional security and authentication for network traffic. This will enable envion to mine from power plant locations with limited network capacity with much greater effectivity.
Amidst our excitement, we’re still paying close attention to what is happening in the greater cryptocurrency market. We were elated to read that the centralization problem that the cryptocurrency has faced so long, given the concentration of Bitcoin mining in China, may finally come to an end. The Merkle recently reported the Chinese government has been putting arrangements in place “to make cryptocurrency mining far less attractive” in efforts to “guide firms in exiting the cryptocurrency mining business as soon as possible.” This was slated to commence on January 10. The Merkle suggested that “locations with access to renewable energy sources will become even more attractive over time.” This news is a clear indicator of how great the need for envion MMUs is. We are witnessing a sea change in cryptocurrency mining as we know it and we’re glad to say we are at the forefront of this positive change.
In addition to this recent news, ETH, the cryptocurrency you can use to invest in the envion ICO, has hit an all-time high of $1417.38 earlier this week on January 10 and is still at 1250$ as of now. This is incredibly advantageous for envion and its ICO investors.
Take advantage of the last couple of days of the envion ICO and continue to spread the word!
Thank you to all of our investors and supporters — we can’t wait to bring great innovation to the cryptocurrency mining and energy industries.