Topic: [ANN][Private Token Sale] TRANSCRYPT - page 127. (Read 8804 times)

Do you use the mechanics of burning tokens?

Are the participants from US accepted?

We will announce later about the exact dates of the subsequent stages.

Does this mean that pre-ICO is not planned?

The next stage is ICO. The approximate date for ICO is November-February.

And what will be the next stage?  And when will start?

No, you can't. First of all you need send your money to MEW then contribute TSR tokens.

The total cost of developing the platform is approximately $37.5 million, provided the product
develops according to plan. These costs will be provided for by the receipts from TSR distribution
and commission earned from the TransCrypt ecosystem.
The data given below show the total predicted expenditures on development, licensing, and
functioning of the TransCrypt ecosystem in the event of the pessimistic scenario (see section
2.3.1.). If the amount raised increases, there are plans to expand the number of staff and increase
expenditures, leading to a faster implementation of goals, a higher turnover, and increased profits.
Planned distribution of funds:




The development plan foresees spending the funds collected primarily on the development of all
the functions of the ecosystem and the Tizer platform, and on supporting sales and marketing to
achieve a faster occupation of the planned market share.

The hard cap for private campaign is 10 millions, for public - 90 millions, all the unsold tokens will be destroyed.

It's 10mln TSR thus approx. 10mln usd.
By the way isn't it too much?) how will u spend money?

Sorry, someone already asked, but I can't find, what's the hard cap for ICO?

As you already know the bitcoin blockchain and other first-generation blockchain operate on the basis of the PoW (Proof-of-Work).

In its turn the Tizer blockchain is based on the PoU (Proof-of-Use) mechanism, a confirmation of usage. This mechanism is characterized by the principle of fair reward, i.e. the user receives benefits not because of the simple fact of having coins or accumulating computing power, but for other criteria (which we have told about in the previous post).

It should be noted about the main advantages of the blockchain Tizer:
• the cost of transactions will be minimal;
• the motivation for specification is minimal;
• only an active wallet, phone and an access to the internet are necessary for mining.

Tizer will be also available for purchase on the exchange and for external use!

TransCrypt has developed a unique payment system that will make it possible to forget about the intricacies of handling cryptocurrency and will enable anyone who is familiar with the usual banking interfaces to send and receive crypto and national currency just as easily as it is to send and receive messages. Intuitive operations and screens, instant transfers and built-in conversion, unrestricted circulation of any amounts inside Tizer – all of it easily accessible upon TransCrypt app download.

After purchasing tokens, they will be transferred to the system’s internal wallet and will not be able to be moved for one month. Tokens will be displayed in your account. After one month, the tokens can be transferred to your ERC20-standerd wallet, with payment of the network’s transfer commission.

And how tokens are stored?

We have three different scenarios of the project’s development from the fundraising stage to the release of the full version of the product on the market.

Pessimistic development scenario
As part of this scenario, we review the possibility that we might collect the minimal amount of funds during the crowdfunding campaign and assess how we would carry out operating activities and the development program using the funds of the key investors and funds that we earn.
Hypotheses that we base our scenario on:
• collections during the crowdfunding campaign will be equivalent to 5 billion dollars;
• marketing expenditures will stay at the current level;
• messenger audience will grow by an average of 2.5% per year;
• the monetary transfer market, including cryptocurrency transfers, will grow by about 10%
per year;
• the market for the purchase, sale, and exchange of cryptocurrency will grow by 10% per
year;
• TransCrypt’s market share will reach by 2.5% by 2021;
• cryptocurrency payments will be launched in the second quarter of 2018;
• operations with  at currencies will be launched in the third quarter of 2019;
• TransCrypt’s commission for currency exchange will average 0.1% of the transaction amount;
• TransCrypt’s commission for the purchase and sale of currencies will be 1.2% on average.

Realistic development scenario
Within this section, we review a scenario that is closer to reality, focusing on how the project is going to be supported during the crowdfunding campaign and the faster development of the project due to funds raised.
Hypotheses that we based this scenario on:
• the crowdfunding campaign will exceed 30 million dollars;
• marketing activity will be increased compared with the pessimistic scenario, and will also be
supplemented by regional and social channels and activities;
• the company’s representatives will take an active part in conferences and market events in
order to increase brand awareness;
• the development team will be expanded by about 60%;
• the messenger market will grow by an average of 5% per year;
• the monetary transfer market, including cryptocurrency transfers, will grow by 15% per year;
• the market for the purchase, sale, and exchange of cryptocurrency will grow by 15% per
year;
• TransCrypt’s market share will reach by 3.5% by 2021;
• cryptocurrency payments will be launched in the  rst quarter of 2018;
• operations with  at currencies will be launched in the fourth quarter of 2018;
• TransCrypt’s commission for currency exchange will average 0.3% from the transaction
amount;
• TransCrypt’s commission for the purchase and sale of currencies will be 1.5% on average.

Optimistic development scenario
As part of this scenario, we review the possibility of raising the maximum amount during the crowdfunding campaign, which is su cient for the aggressive development of the project, and describe how the project will develop in this case.
Hypotheses that we based this scenario on:
• the crowdfunding campaign will raise substantially over 100 million dollars;
• marketing activity will increase compared to the pessimistic scenario, and will also be
supplemented by regional and social channels and activities;
• the company’s representatives will take an active part in conferences and market events in
order to increase brand awareness;
• Marketing activity will be supplemented by PR activity in all operating areas and also by the
organization and participation in specialist events;
• additionally, regular market research will be built in to the expenditures, in order to improve
the quality of the app, focus groups will be organized, and when launching new functions
and product versions, industry-speci c events will be supported;
• provision of legal support in all main jurisdictions and, additionally, establishment of the
necessary legal and regulatory initiatives that will ensure the development of blockchain and
crypto- nance technologies in the main jurisdictions;
• the main team will be supplemented by experts in business development and by at least one
business development representative in each of the main development territories;
• the development team will be expanded by searching for and hiring the best people in the industry, and by competitive selection of the best graduates from international higher
education institutions;
• an in-house network of data centers will be organized in the main operating areas in order
to improve the speed of access to services;
• the messenger market will grow by an average of 5% per year;
• the monetary transfer market, including cryptocurrency transfers, will grow by 20% per year;
• the purchase, sale, and exchanges of the cryptocurrency market will grow by 20% per year;
• TransCrypt’s market share will reach 3.5% by 2021;
• cryptocurrency payments will be launched in the  rst quarter of 2018;
• operations with  at currencies will be launched in the third quarter of 2018;
• TransCrypt’s commission for currency exchange will average 0.3% of the transaction
amount;
• TransCrypt’s commission for the purchase and sale of currencies will be 1.5% on average.

Sure, thx! So what are these options?

Earlier we have told you about a wide range of functions of our application and nice bonuses that Tizer holders can get you. But any reward requires an action. What are the requirements to be rewarded?

In order for everything to be clear, there is a criteria for confirming the importance in our own blockchain:
1. Number of transactions made by the user during the total lifetime of the wallet;
2. The amount of time that a user spends in the network, blockchain;
3. The number of coins of the participant;
4. The quality of the transaction;
5. The reputation of the party;
6. Number of "transactional contacts".

Simple actions. Great rewards.
Stay tuned and join us!

Nobody knows the future. But we modeled the options for the development of the project, where we tried to take into account all the nuances.
If you wish, I will be happy to describe them in detail.

Do u accept fiat currencies for token purchase?