This is to inform the community that the official Indorse ethereum name service address is indorse.eth (lowercase i,n,d,o,r,s,e dot e, t, h).
Please be advised that any other ethereum address that is posted or sent to you in private messages, slack channels, twitter posts. Etc. are possibly phishing attempts.
We will be using the ENS system for our upcoming token sale, please take care and only use the official ENS address when transferring your ether.
If you see anyone posting as Indorse with another ethereum address, do not send any ether and let us know immediately.
We know this back a lot of phishing everywhere, to anticipate you have reminded us, with this I hope indorse project does not happen anything, hopefully this ico run with success, I want to ask how and who get pre-sale?
For Pre-Sale, there were proper registrations & KYC process. The minimum amount was 100 ETH with the cap of 14000 ETH. It got over pretty quickly.
The Token Sale starts on August 8th. It has no minimum. The Token Sale is neither advertised to nor open for US residents though.
How many investors joined the pre-sale?
Maximum 140 but I guess some invested much more than 100ETH
Some numbers from the Pre-sale:
Total Emails Received for Whitelisting: 316
Total Whitelisted Eth Wallets: 51
Total Participants: 20
Average amount: 690.37 ETH
For the token sale (on August 8th) however, there will be no minimum & we're working on to make sure everyone gets a fair chance to get in.
Thanks for the update.
I'm surprised some of the whitelisted didn't invest in Indorse.
Overall, the white-listing process did work as planned. However, the friction created in the on-boarding process may be too high of a barrier for many potential participants.
The flow of the buying process was as follows:
- In advance, the participant would register their non-binding commitment via email or a form on the pre-sale website
- The email of the committer is then manually placed in a website database which allows access for the next step
- They would then be emailed letting them know to come back to the website to enter their ether wallet address and accept the terms and conditions
- The ether address would then be manually white-listed in the smart contract (the contract would only accept transfers from these addresses)
- They could now send ether to the smart contract address
We did the above as a way to create something similar to a queuing process. We wanted to allow people to participate on a first come, first served basis.
As you can see, there’s quite a bit of friction in the above steps…
We had many people come to the white-listing form directly without having their emails approved. If their email was entered on the form, they were put on a waiting list to allow the previous commitment group to complete their transactions first.