imo its a zero risk play. Here are 10 reasons why!
1. Reinvestment strategy means we keep up with increasing difficulty of mining cryptos.
2. Reinvestment strategy = increase in infrastructure and tangible assets
3. Massive ICO = cheaper infrastructure = lower cost point compare to many other miners
4. Payouts are weekly and in ETH, holding your ETH payouts will reward you even further as ETH is set to be many multiple's higher in the upcoming months and years
5. Payouts can be reinvested into EVN again for perpetual increase in returns or reinvested into your own private ETH cloud mining contracts for even bigger compounding long term gains.
6. Extreme scalability and mobility = lowest running cost green crypto mining company in the world
7. Completely rerisked from government risks, geopolitical risks due to immense mobility setup compared to any other crypto mining company
8. Coin/Token itself will appreciate in value from multiple aspects:
a. US investors couldn't participate in ICO, they are forced to buy on market
b. CC payments (which is a big bulk of the raise) are effectively escrowed for a minimum of 4 months (up to 12), which forces significantly lower supply. (besides, who the hell would even think of selling this)
c. Standard coin hype coupled with huge ICO raise hype.
d. China risk of banning all crypto mining will put a big spotlight on EVN
e. First to market advantage - First crypto mining infra ICO, will become the benchmark in this space in future years
f. All the fundamentals going for the company.
9. EV = $0.(enterprise value) - We are buying in at cash backing via the ICO
10. High profile reputable management team
Considering this, i believe EVN is going to be a true white unicorn in the crypto world, one of the first crpyto's ever to pay out dividends, not only a small portion of profit like all traditional equity dividends, but 100% of all profits are paid as dividends. These dividends themselves are being paid out in a currency which is exponentially appreciating against the USD on a weekly basis.
You can tell that the crypto market LOVES payouts, just look at the results NEO coin brought in with its GAS payouts
I truly believe that EVN's market cap will target stabalise when Coin price to dividend yearly value ratio is at the 5-15% NPV area.
right now, this ratio is many 100's%.
EVN can easily in the short term sit at a $1 billion market cap considering all the above points.
EVN can very comfortable get to a $10+ billion market cap once ramp up of MMUs are completed in the medium term (6 - 12 months)
EVN in the long run will give NEO a very big run for its money due to a much more lucrative payout results.
Investors in the ICO are not only set for life with EVN dividend yields, but the coin itself will be trading many 100 bags from ICO as the company matures.
Peace out.
J.
