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Author Topic: EncryptoTel: Secure VoIP & B2B blockchain communications - Live on Cryptopia  (Read 19356 times)

vindyne8

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Encryptotel has now raised over 2.2 Million USD. Final days of 5% bonus. The sale ends either at the end of this month, or when it hits 3 million USD, whichever comes first.

vindyne8

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Blockchain Tech is Disruptor for Telecoms: EncryptoTel CEO



https://cointelegraph.com/news/blockchain-tech-is-disruptor-for-telecoms-encryptotel-ceo

Encryptotel is up to 2.3 million USD raised. The crowd-sale will end on the final day of this month, or when it hits the cap of 3 million USD, whichever happens first.

EncryptoTel:Development Update #1



https://medium.com/@encryptotel/encryptotel-development-update-1-1c71ef60f8e2

You can still get a 5% bonus right now: https://encryptotel.icotech.me/login

vindyne8

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Encryptotel has now raised over $2.5 million USD! The crowd-sale ends on the final day of this month of May, or when the $3.0 million USD cap is hit. There is still time to get your share of ETT here:

http://ico.encryptotel.com/

vindyne8

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From the original post here: https://medium.com/@encryptotel/an-update-on-the-encryptotel-crowdsale-e2c3739f2b4c



An update on the EncryptoTel crowd-sale

Hello everyone, and thank you very much for your support over the course of our crowd-sale.

We would like to state our position on the unexpected investment received yesterday, and why we decided to extend our crowdfund for 24 hours.

Since the launch of our crowd-sale, our users have experienced display issues regarding balances and transactions within our ICO portal. This led many investors to delay making a deposit until the problems were fixed. Despite the efforts of our ICO partners, Incent, this was not possible. We also expected that the total collected in USD equivalent would fluctuate above and below the $3 million cap, due to the exceptionally volatile BTC and WAVES markets at this time. Consequently, we took the step of extending the crowd-sale for a further day — the approximate period of time the portal was affected by DDoS and other problems — to allow last-minute investors the chance to get in.

When we began our crowd-sale, we never expected our final cap of $3 million to be reached — let alone so quickly — and the level of investment in the final hours took us by surprise. In particular, two supporters have invested a huge amount of WAVES, one on the first day of our crowd-sale, and one on the last — this second one increasing the total by more than $1 million above our intended cap. (From the block-chain, it appears that the first and second deposits were from different investors.) When we realized that there was little possibility of the USD total dropping back below $3 million, we closed the crowd-sale for good.

Quote
‘As an escrow for Waves, I can assure EncryptoTel investors that the additional funds raised after the ICO cut-off time will be used in an appropriate way by EncryptoTel team. The decision to prolong the ICO for 24 hours was quite reasonable, since the investment target was reached through an appreciation in the exchange rates, and many investors were unprepared for such an abrupt end to the crowd-sale.’  -  Sasha Ivanov, CEO of Waves and escrow for EncryptoTel



Whilst this second large deposit has been controversial within the community, this was an extremely generous gift to our project, and thanks to this generosity we now have new opportunities to develop our product and company. I therefore want to express my immense gratitude for the patience and trust shown to us during the ICO. All the investments received above the expected amount will be spent exclusively on the development of our product and further expansion of the stated functionality.

Distribution

Our next step is to distribute tokens to investors. This will require a thorough audit of all balances and a final calculation of ETT token supply, in order to issue the asset accurately. (Token supply is not fixed in advance for our model, but depends on the amount of funds raised, so the additional funds mean there will be more tokens rather than each investor receiving each fewer of the same supply.)

We estimate this will take around two weeks. When the process has been completed, will will publish instructions for how to withdraw them from the ICO portal.

vindyne8

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EncryptoTel crowdsale: update #3



We have come to a solution that we believe will be mutually acceptable for all parties: buying back and burning a proportion of ETT using the additional funds collected.

Read more:

https://medium.com/@encryptotel/encryptotel-crowdsale-update-3-a48b495a8de0

vindyne8

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Fresh Blog post from Dev Team: https://medium.com/@encryptotel/token-balances-fixed-54e59fbf7b50




From the original post here: https://bitcointalk.org/index.php?topic=1848180.msg19163462#msg19163462

Hey everyone, just an update for you from the Encryptotel Dev Team on how things are going.

1. The audit is going well, but is not completed yet. We thank you for your patience, we want to make sure we get this right and are erring on the side of caution.

2. Investor's ETT displays work in the ICO portal now, use this url: https://encryptotel.icotech.me/login

Please note: Bonus may still not be reflected properly in your balance. Fix for this is being worked on. Your data is all safe on the blockchain.

3. Bounty distribution will be after Investor distribution. Investors will have the opportunity to sell into the buywall first, should they decide to exit.

4. Distribution currently has no set date. I do not know who started the rumors, but they are not true. It will be in a reasonable amount of time. We're just being very careful.

5. We are talking to exchanges, but we cannot name any of them unless they post publicly first. Thank you for your understanding.

6. If you have any Bounty-related questions please use this thread or contact Sylon directly

7 We thank you for your patience in this matter. If you have any questions you can feel free to PM the team on bitcointalk forums, or DM them on slack.

vindyne8

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A bit of news on the upcoming distribution:
-  A test email will be going out today to investors, so the team can determine who is still not receiving it. As you recall, the team has been collecting email addresses of those who did not receive the first one.
- The Incent team audit is completed, the ETT team is now auditing. Later today, or early tomorrow, test tokens will be issued and blockswap platform will be thoroughly tested in preparation for distribution. This testing will be done internally. The team should be ready to give you the next steps prior to distribution soon.
- The team cannot give a ETT total yet, until they finish their audit. One audit is done, one left to go. It should take much less time than the first one, and it has already begun.
- More news is coming very soon. The team will keep you updated, thank you for your patience!

vindyne8

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From the original post here: https://medium.com/incent-loyalty-blog/how-to-withdraw-and-store-your-encryptotel-tokens-ett-231afd5f7c40



How to withdraw and store your EncryptoTel Tokens (ETT)

The hour is upon us. After a very successful crowdsale, it’s time to distribute EncryptoTel Tokens to their rightful owners (presumably you, since you’re reading this). Here’s how it will happen.

So to recap quickly: EncryptoTel just held a stunning $4.5 million crowdfund for a very cool piece of secure VoIP and PBX tech. We’ve now audited the funds collected across 4 different blockchains (and so have EncryptoTel’s team), all of which are nice and safe in their escrow accounts, checked the maths stacks up, and they have created the tokens on both Ethereum and Waves so you can choose where to hold them. We would all now very much like you to withdraw these to your local wallets.

read more

vindyne8

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EncryptoTel: Development Update #2

Hello everyone,

We wanted to post a short update about our recent progress and development.

Our team is currently working on the personal investor dashboard, where every investor will be able to track the company’s activity and vote on certain key decisions, for those instances where our team needs to resolve a controversial activity. At the same time we are working on our pre-release software, as stated in our roadmap.

Read more: https://medium.com/@encryptotel/encryptotel-development-update-2-bb4834d29d55


vindyne8

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Dear investors.

Since crowdfunding our company, EncryptoTel has experienced a number of challenges and problems. We can assure you that we are only getting stronger as a result of this, and this in no way reflects the status of the company and especially the completion of our software products in the future.

Yesterday, late in the evening Moscow time, our BlockSwap service was attacked and ultimately hacked. The amount of losses is a staggering 38.5 million ETT tokens from the Ethereum chain and a further 3.8 million ETT Waves tokens.

Read more: https://medium.com/@encryptotel/fd541726fb47

To address a couple of questions here:

1. This happened yesterday morning, it is not the reason investor distribution has been taking so long. It is a separate issue.
2. All trading has been halted since the moment this was discovered.
3. ETH based (ERC20) tokens will be redistributed, the current ones will be invalidated.
4. The smart contract address will change, and will be published immediately when completed.
5. Waves based (CAT) tokens will NOT be redistributed.
6. Waves based (CAT) tokens will CONTINUE TO EXIST! IT'S STILL DUAL-CHAIN!!!
7. ETT Waves (CAT) version token holders who lost tokens/funds as a result of this will be reimbursed from ETT team funds.

vindyne8

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From blog post here: https://medium.com/@encryptotel/an-important-update-3-9ba6abd0c7bd

An Important Update #3

Dear EncryptoTel community,

We have been glad to see how our community has supported us throughout this difficult situation, as the investigation into the hack remains ongoing, and I would like to thank you all once again for doing so. Our community is a critical part of EncryptoTel, right from the start, and so we are hugely appreciative of your continued patience.

As CEO, however, I understand just a ‘thank you’ is not enough, and so would like to reassure you that there will be a bonus for every investor who still holds our tokens. We are naturally keen to resolve all these problems as soon as possible.

Development
Our long-term investors do not need to worry about our product timeline. Everything is going according to plan in our roadmap. Very soon you will be able to see the look and feel of our new Investor dashboard, as well as various other exciting updates.

Starting from 10 July many of our new developers will start in our office, at which point we will make a video for our investors to see where we are working.

Waves tokens
Since the majority of Waves assets are safe, and the loss will not be borne by investors, you do not need to do anything.

Ethereum tokens
Holders who have the Ethereum asset should simply wait and hold their ETT. We will post further instructions shortly.

Sincerely,

Roman Nekrasov, CEO of EncryptoTel

More information is coming tomorrow.

vindyne8

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From the blog post here: https://medium.com/@encryptotel/an-important-update-4-9c1deb80001b

An Important Update #4

Hello.

Our investigation has come to a conclusion.

We have enclosed the report of our colleagues from the laboratory of Zerion, who helped to conduct the investigation. We expect Incent to publicly apologize to the EncryptoTel community, and accept full responsibility including financial damages.

Here is the report on the investigation into the hacking incident: >>>

ETH token
The hacker has returned the 38 million stolen ETH ETT tokens, likely as a result of our statement of intent to re-issue the ETH ETT token. All tokens are now accounted for and secure as you can see here. Trading will be re-enabled on Tidex soon.

Waves token
As a reminder to Waves ETT token holders, you do not need do anything. Trading will be re-enabled on Waves-DEX and Tidex soon.

Distribution
We will be resuming distribution in the next few days. We will be doing it personally, and not relying on a third party. The bounty distribution process will begin right after that.

Aleksey Kuznetsov, CTO and co-founder

vindyne8

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Important announcement:

If you are an investor that has still not received their ETT please join our slack and send our CEO a message. He's under this account on Slack: @encryptotel

Please include your email, a 1 sentence explanation of the issue, and the txid of your send if possible.

Thank you for your patience.


___

There is now a #ux channel on our slack

A couple samples of the current themes being worked on:





vindyne8

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Weekly update

We want to thank all of our investors for their continued support and patience. Development is going very well and soon your ETT tokens will be getting used as the fuel for our entire EncryptoTel PBX ecosystem. We want to touch on some key points below:

Read more: https://medium.com/@encryptotel/weekly-update-b45e530082e5

vindyne8

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EncryptoTel weekly update #2: roadmap and buywall/exchanges

Dear EncryptoTel investors,

Thank you for your patience as we finish distribution of our token and prepare arrangements for the next steps. We have three pieces of news that we think will be of interest to the community: a detailed roadmap, an update about the promised buywall and preliminary news about exchange listings.

Roadmap
We have created an infographic of a detailed timeline for EncryptoTel’s development. It is our intention to meet these milestones at the times stated, although of course, it is never possible to guarantee deadlines in advance. Nonetheless, we think these steps are manageable and realistic. You can see the full development outline in the image below.



Read more: https://medium.com/@encryptotel/encryptotel-weekly-update-2-roadmap-and-buywall-exchanges-bcc84187b60

 

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