Ensure $ 100 million for green electricity

Ensure $ 100 million for green electricity

World August 20, 2018 20:32

- The Swiss start-up world has been shaken up because of raised investments of $ 100 million for a company that does not have any practical activities that can make sales. It looks like a cat in the bag.

The German Handelsblatt went into the company Envion AG. That went around with the cap with investors through a so-called ico.

Such crowdfunding, where investors put money into the project in exchange for a token, a digital currency such as a bitcoin, are currently gaining millions.

Publishers of such crowdfunding promise high returns. That would be 161% at Envion, for the benefit of 30,000 investors, for a discovery in ecologically harmless extraction of crypto coins, in a market that is already complaining about extremely high electricity consumption for digital coins.

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