December 15-th held an Ask Me Anything session at ICO Speaks telegram chat. From the Envida Token side there was:
Before we go to the first set of questions, could you please do a short self-intro?
👨💻Bahadır Şat | Community Manager | @bahadirsat
It’s Bahadır, i am working as community manager on EnviDa and DriveMining projects.Based in Berlin
👨💻Alican Işıyel | Community Manager| @proksimal
I’m Ali Isıyel. I work as a global community manager at EnviDa.
👨💻 Furkan Karabulut | Community Manager| @furkandocx
Of course, my name is Furkan, I work as Community Manager at EnviDa. I am ready for all questions! ☺️
Let’s get started!
Q:What kind of solutions EnviDa provides for the climate crysis?
A: EnviDa aims to create an unchangeable and transparent environmental database by saving the data it collects on the blockchain thanks to the DriveMining technology. Thus, it presents a holistic picture of all environmental data with retrospective time and date.
EnviDa helps climate crysis by collecting environmental data,this is the first step to solve a problem,then this data should be analyzed and decision makers take action through this information.Actually EnviDa solves the first and most important part.Because more data means more analyze so more information
Q: How much income can a DriveMiner generates monthly?
A: It depens on a few variables like; type of the miner,how many hours the vehicle was working and the value of token or coin being mined instantly.Averagely a car miner generates income between 150€-280€
Q: Where you will keep data and how you will sell it to create a demand for EnviDa Token?
A: DriveMiner is the oracle of this process it collects dynamic environmental data and record this data to EnviDa Blockchain.When any company,association or government would like to purchase this data,they must pay with EnviDa Token,and this will create a demand for EDAT
Q: Have you already developed and tested miners?If yes,when you will be able to start data collecting operation efficiently?
A: Yes,26 DriveMiners are operating in Berlin since 1 year.After ICO we will install on 360 vehicles that we already have agreement.So after March we will start collecting efficiently.
We made agreements with 8 transportation companies already,and 5 more companies will join on March.Total number of DriveMiners will be more than 550 in Berlin.
Q: Why haven’t you listed on any exchange market yet?
A: We are planning to apply to the exchange markets after making certain investments and analyzing the options thoroughly after the ICO takes place.
Q: When can I buy a DriveMiner?
A: After Q2 2022 you will be able to order DriveMiners and after Q4 2022 you will hear from us about Home Edition Miners too.
Q: In what way does EnviDa help in building an accurate data-backed picture of the environmental trends?
A: DriveMiner collects environmental data via the attached sensor. The EnviDa project, on the other hand, takes this data and saves it to the blockchain. For this reason, EnviDa and DriveMiner cannot be considered completely independent of each other. Since this data will be on the blockchain, it will not be changed and will be transparent. In this way, the data we have will provide us with a holistic perspective on problems such as environmental pollution and carbon footprint.
Q: Can you share your social media links so we can keep ourselves updated?
A: Stay Tuned for updates;
www.drivemining.io / www.envidatoken.io
Q: How can I buy this tokens? Is it available on any exchange?
A:Although we have received offers from exchanges before, we are in favor of not rushing so that investments and the project cannot be manipulated. Therefore, we plan to create demand first and then enter the stock market. We will announce the date we will enter the stock market in the third quarter of 2022.
Q: Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?have a YouTube channel or something? can you share it with us?
👆👆 you can see here the operation principles of both projects
Q: How old is Your project? What are the major plans ahead? Could you show to us image of your roadmap?
A: You can view the full whitepaper here: https://envidatoken.io/docs/envida-whitepaper.pdf
Q: What are your plans regarding private sale? When will you conduct it? How can I participate in the private round? What are requirements? When is public round? How to participate in it?
A: You can join private sale via envidatoken.io
Here are the sales phases for ICO
Q: I have heard that miners get EnviDa tokens as a reward, which results in reading data and making related transactions in blockchain. Also, they have the opportunity to mine 10 more cryptocurrencies. Want to know what those cryptocurrency opportunities are?
A: Our profit switch algorithm chooses the most profitable option to mine.
Or clients may choose one of these coins and tokens to mine😊👍
Q: Are you working to audit your project, to make its security more secure and reliable?
A: Our company is based in Germany and regulated by the German government. At the same time, our Drive Mining devices have CE certification. Whitepaper: https://envidatoken.io/docs/envida-whitepaper.pdf
Q: People always check about safety and security from any project because much hack issue right now, I would like to know how is the safety from your project? How did you make sure that you are secure?
A: We are a company originating in Germany. Therefore, we are subject to BaFin control. In addition, our patents, the production stages of the project and our roadmap were presented transparently in WhitePaper. The DriveMining project is currently a working project. In Berlin, 26 vehicles equipped with DriveMiner have been touring, mining cryptocurrencies and collecting environmental data for some time.
The Federal Financial Supervisory Authority better known by its abbreviation BaFin is the financial regulatory authority for Germany. It is an independent federal institution with headquarters in Bonn and Frankfurt and falls under the supervision of the Federal Ministry of Finance.
Q: Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
A: We are currently on private sale. After that, the pre-sale will take place, then the main sale. All unsold tokens will be burned.
Q: The idea of project is really unique and incredible, how did this idea come about?
A: Our CEO Hüseyin Uysal has been mining cryptocurrencies for a long time. In 2017, he came up with the idea while thinking about how to reduce the energy spent on cryptocurrency mining and make it available to everyone, and in 2019 the first prototype of DriveMining was produced in Frankfurt.
ICOSpeaks hosted an AMA Session with the Envida Token Team. That’s all for today.
Thanks to all users who participated.
Thanks, Envida Token for being with us
Thanks, all and see you soon😉
Wanna know more?
Take a look at our other ama sessions here