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P.s. no translation bounty for now, will update when needed
 

reserving indonesian translation.

dear translator please read here: P.s. no translation bounty for now, will update when needed  ;D

If someone could tell me why my image BBCodes are not working, that would be swell  :D

Any bounty dev?

Not at this point.

Status: 270 of 1000 BTC. Up 54 BTC since annoucement post 7 hours ago.

Status update: 304 / 1000 BTC reached

I think the team in this project is pretty good and i'm would like see development of this projects,
But why there is no bounty for your project this?

and how to people participate in here?

Genomic Research and Education is not a hot market,hard to benefit from it.

no bounty as of yet, might change in the future. :)

It's more a long term investment thing, they are looking into additional applications afterwards, but for now let's get this one started.

any airdrop or bounties will be held soon??

Dude, you're very fast. Let me translate something, too. ;)

Encrypgen CEO Dr Koepsell doing a live Q&A on facebook in about an hour: https://www.facebook.com/events/315647638885595

Just let me know if you need some assistance once your bounty campaign is available. I will you with your project because it seems promising to me. Where is the roadmap for your plans?

The project seems real based on what they already accomplished and the individuals behind this research.
But my question is - being an ordinary person, what benefits can we get from this project?
Where will we need to access this genomic database? Or the researchers/scientists are the main beneficiaries of this project?

Just like what frankkkkkkk stated -

If you are a donor, you can get paid by research institutes or scientists who want to access your genomic data for their studies. You will need an initial fee to have your data stored in the blockchain as a donor, but after that you recoup costs by selling access to it. Seeing the exploding interest in genomics the last few years, the demand for genomic data research will only increase.

That being said, the system doesn't need donors to sign up in order to function, that is just a diversification of this model. Most genetic data that is already available for the public has already been assimilated, and private groups with data sign on because the node benefits.  



Roadmap is here: (n00b account, so can't insert pics) https://i.imgur.com/yJFNNaT.png. You can also find it on the website: https://www.encrypgen.com/ico/ if you scroll all the way down

for  bounty: I'll post in the thread and contact per pm if we do a bounty

Encrypgen in cointelegraph: https://cointelegraph.com/news/encrypgen-uses-blockchain-to-usher-in-new-era-of-genetic-privacy

And in ftreporter: http://ftreporter.com/blockchain-brings-privacy-to-genomic-data/

I don't see how this will provide value to those that invest into the ICO, what is the market demand for these data, because asking for more than $2,5 million  and can't explain how to generate revenue for investors is worrisome. I personally believes more than 90% of the current ICO won't be able to generate any revennue becuase building something on blockchain doesn't make it better than the centralised apps

The revenue stream comes from research institutes that can buy a license to access the data, from the playersmoney article:

As for research data market demand, the amount of genomic research papers (and thus by extension demand for data) has been skyrocketing since the price for sequencing genomes is fallen rapidly too: http://imgur.com/a/fq03G

The reason why the blockchain is the ultimate solution in this case is because of the laws surrounding genomics: it is still unclear who the "owner" is of this data. With Encrypgen it brings the ownership back to the donor who supplied the data because it's decentralized, which makes it a legal non-issue and gives donors the opportunity to take full control over their data

World premier for this information, you heard it here first, folks!

Healthcare productivity has not increased with the rest of the economy. As we live longer, with more chronic disease, this is wreaking havoc on family, and even national, budgets worldwide.
DNA-based medicine allows for more targeted spending on health according to each individual’s risk assessment or treatment, while improving benefits, which is much more efficient.
Unfortunately, the open sharing of our personal data is unsafe, for example, leading to discrimination for insurance or employment. Even for very ill patients willing to forego privacy concerns, data is close to impossible to use because it is fragmented and out of our hands with doctors, researchers, and personal DNA companies.
Until now...
Two software companies that are currently defining the new field of Cryptogenomics, Encrypgen and DNAVID, share a vision of an efficient health economy centered around each one of us, safely and fairly.

DNAVID is developing a social network that the user owns and benefits from. The network issues its own money — DNACoin — to reward those that help improve it. For example, users are paid DNACoin to enter their DNA and medical information for anonymous use. Then, they decide how their data can be used and how to spend their DNACoin. For example, anyone can sponsor research with their DNACoin, or they can earn DNACoin by allowing the use of their info by drug companies. A set amount will be sold to drug companies wishing to use the network for their research with consenting individuals. Eventually, DNACoin can be sold in exchange for money.

“Because we all are genetically connected, we all benefit from the information in each other’s genome. So it is in the interest of every one of us to have a universal pooled DNA resource, the bigger the (much) better. With user-friendly software that is trusted and safe, we will start to see the parabolic network effects as more people start joining and sharing. This then will translate into higher value of the network which will cause the appreciation of DNACoin. This in turn generates a virtuous economic cycle contrary to the current downward spiral in healthcare.”
said David Weiss, Founder of DNA\/ID, the EU-based startup that develops the open source DNA social network https://dnavid.com and mints the DNACoin cryptocurrency that is the basis of its economy. A former PhD bioinformatician, bioengineer by training, big data scientist and programmer, Weiss founded InSilico Genomics SA, creator of one of the largest repositories of genetic information for biologists InSilico DB https://www.insilicodb.com, and the personal DNA service GenePlaza https://geneplaza.com.
“This partnership affords the opportunity to accelerate the path-to-market for our complementary offerings if we can guarantee the security and the traceability of transactions, and the easy query of our user’s data with Encrypgen’s unique blockchain solutions. We have a shot at helping to solve this big problem rather quickly.” he added.
Encrypgen provides the other half of the solution, which is to keep DNA data safe and private using an un-hackable registry of transactions (a "blockchain"). The technology enforces user’s wishes, by allowing access only according to specific permissions, or to record every access, etc.  The software's specialization in DNA results in efficient query and transmission of DNA or chunks of DNA in a compliant manner. Encrypgen has its own economic token Gene-Chain Coin which is the currency for transactions of data over their Gene-Chain. Gene-Chain Coin is currently conducting a successful token sale to help fund expansion of their Gene-Chain network . “We share a vision of improving the role of genomic data in improving personal health, and in empowering each of us in the curation of our own data. It will be an interesting experiment to see how the DNACoin and Gene-Chain Coin economies interact and we expect that the synergies between these currencies will benefit both individuals and the market for scientific data, as well as help us achieve the promises of personalized medicine.” concludes David Koepsell, Encrypgen’s CEO and Founder.
Together, these technologies promise to provide a safe and productive fresh start for human health.

Encrypgen Dr Koepsell will be doing a Reddit AMA tomorrow somewhere between 8:30 and 9:30 PM EST. Link will follow!

http://www.livebitcoinnews.com/encrypgen-bonus-ico-structure/

Reddit AMA with CEO Dr Koepsell tomorrow between 8:30 and 9 pm EST! Link will follow

Thanks for your answers, but can you forecast the growth in this market for the next 5 years, we all know the landscape is changing very fast

Link to Reddit AMA : https://nr.reddit.com/r/IAmA/comments/6kwijp/i_am_dr_david_koepsell_ceo_of_encrypgen_llc_a/?st=j4nvw8hk&sh=b36a5590

@jacafbiz: I'll get the market forecast for you.

Update: now up to 40% of ICO goal, had a big buyer this evening ;)

Waiting for social bounty.

That is huge investment, someone trust the team with such fund, then the team must be doing something right

The team consists of expert scientists in the field of genomics, so isn't just a fad to grab ICO money fast :) It's a very valid long term investment that will only grow over time.

As for your question about market demand:

http://www.digitaljournal.com/pr/3374462

https://www.healthcare-informatics.com/news-item/privacy/survey-greatest-impact-blockchain-will-be-medical-record-storage

https://www.europeanpharmaceuticalreview.com/news/62569/83-life-science-leaders-believe-blockchain-will-adopted-within-5-years/

New ICO page with update white paper! http://ico.encrypgen.com/

Reserved Turkish translations. Please send me a PM to let me know about the status!

Previous work:
[ANN] Snapshot (https://bitcointalk.org/index.php?topic=1998995)
[BOUNTY] Snapshot (https://bitcointalk.org/index.php?topic=2002802)
[ANN] GeyserCoin (https://bitcointalk.org/index.php?topic=2002439)

Up to 45% goal raised as of today

https://www.encrypgen.com/encrypgen-update-july-6-2017/

Really good project, but not many people now know about this. Devs, you need to start a bittalk signature campaign to attract new crypto-investors here.

We are looking into it.. :)


Another article on Encrygen: https://btcmanager.com/will-blockchain-technology-provide-the-solution-to-genome-privacy/

Update: now up to 55% goal reach!

Now official partner of Multichain! https://www.multichain.com/platform-partners/

part 1 of the backend demo: https://www.useloom.com/share/372b263540c241fdadcbdcbdf3016868

/2017/07/12/blockchain-genomics-company-raises-1m-gene-chain-coin-token-sales/]http://www.the-[Suspicious link removed]/2017/07/12/blockchain-genomics-company-raises-1m-gene-chain-coin-token-sales/ (http://www.the-[Suspicious link removed)
with a juicy rumour inside that I cannot confirm or deny ;)

https://www.youtube.com/watch?v=Ww6-MXrazIc video of how Encrpygen works and what value it offers.

While you think about this Encrypgen ico may already be over. Why did not you want to take into account the experience of other successful projects? The vast majority of projects carry out advertising campaigns here and in social networks.

Because not everyone has a big marketing budget to start with, or prefers to spend the money on developing the product instead :)

may a ask you what you do if the ico traget of 1000BTC will not be reached?

i believe in this project and i like how the ico is handled (with "saft" and stuff  :D)
keep it on!

hi, if need Chinese translation let me know, I will also maintain Chinese thread with updates and replies. I can also start threads in other Chinese websites on this topic. please PM if interested.

Either way, Encrypgen will move forward with the project. There are many interested clients already in the sales pipeline for the nodes, and as soon as they can it will be listed on exchanges. 

cool & thanks for your answer!

go Encrypgen go  ;)

Thanks for your support!  ;D

What will happen to the unsold coins in this case?
Will they be destroyed or distributed to the existing token holders?

Tokens are issued to those who've paid for them, according to a SAFT agreement, including any bonuses.

Coins will be issued later against the tokens including bonuses and any distributions to the team. The details of this are on the token sale page (www.ico.encrypgen.com) . Buyers will be invited to redeem coins with their tokens.

Unpurchased tokens will not be distributed.  The full amount 1000BTC worth is a cap. It is not essential to reach it for issuing and also not for development.

Encrypgen already has sales in the pipeline and a working demo, this ICO raise is only to make things go a bit faster :) That's what makes this an interesting investment!

So there is 80 million coin for sale  and if you manage to raise 600BTC, then only 48 million coins are sold for 600BTC.
What happens to the remaining 32 million coins.
]Your team just take ownership of it?

The remaining 32 million coins will be sold later, either on the exchanges or customers who buy the product. The team will not assign them to themselves. They have created 100m coins and Multichain assets cannot be destroyed once created.

If you still keep 32million for selling to new users who buy the product, how would it increase the value of the token for the existing holders?
Does it mean that the existing holders have to wait until you sold all your 32million coins before they see any increase in their investment.

Why cant you distribute the 32million coins to the existing token holders?

I agree with this point of view, many project do this, look on Crypviser, they distributed all unsold coins proportionally among the ico participants. I see that Encrypgen devs change their conditions during the ico, at first they said that they would return the funds to the participants, if the necessary amount would not be collected.

The value of the coins increases by demand for it, like any crypto currency. As the coins are used for buying Encrypgen services, like licensing and running research nodes, the customers will have to buy the coins off either exchanges or from Encrypgen directly. However, it's in the best interest of Encrypgen to keep the value of the coin as high as possible because exactly of the services paid with them. They will therefor only sell the remaining coins above market value and in small batches to not sink the price.

As the unsold tokens/coins will not enter the market, it is defacto the same as if they were being destroyed. If the unsold coins would be distributed at ICO end, it would also lower the value of the coin because of dilution.

Crypviser has a totally different product as Encrypgen, and markets to a different crowd. It might make sense for them to do it this way, but for Encrypgen it would not make sense at all. Things working for one ICO does not mean necessarily that it works across the board for all of them, that's why you should do your own research :)

I dont completely agree with it.
The problem is having 32million coins with the dev team in addition to the 10 million they already hold would make any investor nervous as
there is chance of dump of the 42mill coins to the market any time if things dont exactly go north.

Keeping the coins with the dev team for later selling will not increase the value of the token for existing investors.

I have been in this space for a while and its common practice either to redistribute or burn the excess coin, if the targets are not met.

Since you have done enough research,
please give me couple of examples of coins for which the dev team kept the unsold coins after the ICO.

Dev when open bounty social media? I want try join bounty

As said, it would be in Encrypgens best interest to keep the value of the coin high. There is no purpose served by doing a coin dump, especially since the services offered by Encrypgen are not based on only selling to the masses, but researchers and research institutes, which are pretty much as stable as they come.

This is what every coin dev says when they are collecting money and as time goes on its only natural that some people get greedy.
I am not saying you guys are like that, but its a fact and the investors dont have to blindly trust on any devs for that matter.
I am sure you only have the best intentions for keeping the coin and selling it later at a higher price.
Ideally it should be the market which should dictate the price after the ICO and not the coins you held from the ICO.

Anyways since you have done enough research,
please give me couple of examples of coins for which the dev team kept the unsold coins after the ICO.

I have heard that GENOME and EPI GENOME therapy can be used to cure and also prevent cancer am I correct? That also we can change our epi genomes back to health by re wiring our brain. Like for example we can go back to the most traumatic memories and use meditation techniques to remove the scar tissue from the epi genomes. I would love to be able to give some of my GENOME for research! I am really interested in this progressive medicinal approach.

Do you want An announcement for India in Hindi Format
if yes Then Please Select me For this work

I think there is no bounty because ICO will end 2 days ahead there is no other way you should join in ico to get coin

I understand your point on not needing to blindly trust the devs. There are always some risk involved and you need to decide if you trust the team enough for them to not do it, in this case to not coin dump and devalue the coin later, and for other ICOs the risk is bigger, like the team actually making the product they are raising money for.
There are a lot of things that speak in favour of the Encrypgen team: they asked for a reasonable amount during ICO to develop their product (no uncapped moneygrabbing), their team already has a working demo (where some ICOs only have white paper maybe... ), the team consist of expert scientist and developers who are passionate about the future of genomic research and the problems it could solve, and not making money. One of the reasons why there was not much marketing on this ICO is because the team prefers to spend on building the product.
With two days left until ICO finishes, I don't think there will be any changes in this policy, so this discussion will not lead anywhere new :) I still thank you for your inputs, they were appreciated.



Before doctors can use genome and epi genome therapy they first have to locate the exact markers and genes for cancers, which is why Encrypgen is such an exciting idea: it will have the biggest database of human genomes available for research purposes, exactly so that researchers can pinpoint these things. I can't say for sure if meditation techniques can remove scar tissue from epi genomes, I'm not that well versed in epi genomic theory. But they would be able to research it with Encrypgen :D

that's why i support your project and bought a nice stash from ico.
even if will not gain some money (or even loose some) i have the feeling to support something good (lost my father because of cancer not long ago)

are you on time with the wallet?
i like to have my assets under my own control asap and i plan to hold the coins/tokens for a long time

Thank you for your support! And I'm sorry to hear about your father, cancer is a terrible thing.

The developers were finalizing the multichain wallets last week, so we're on track :)

sounds perfect - thanks

Less than 2 days Crowdsale will end, and 56 % reached from goal.
I'm glad join this ICO early, hope this will profitable  :)

Thank you for your support!

What does it give?

Isn't it the same as Genecoin? ???

yes, it is :)


It just shows that Encrypgen is officially a product built with Multichain

Thank you everyone for supporting Encrypen! We raised 56% of our ICO goal, which is a bit more than 1mil$. This will be enough to start the development boost from demo to full featured product :)

Once Encrypgen hits the exchanges I will make a discussion thread in the discussion area for altcoins.

In the mean time, thank you!!

~ 1c0

cool keep it going ....  8)

Awesome, hope the distribution going smooth and soon we will see DNA on major exchange
Congratz dev team.

Wallets will be released Friday, July 21 (today).

Countdown on Website:
https://ico.encrypgen.com/

Go Encrypgen go  8)

Any news on wallet release today is July 22  and can't find any information on how to transfer one token and also news on exchange listing

All wallets have been released on Friday 21.07 evening EST time, please check your inbox (and spam folder) of the email you used when you bought the tokens! If there are still problems, please PM me so I can give you an email to reach the team.


Exchange listing is not yet done, but will soon. I'll update asap when that happens!

Good news, 1c0_CM. Waiting for development updates from Gene-Chain team. Hope that this technology will be widely used in medicine and DNA tokens trading start will be successful.

Nice to hear the news, i saw you active on twitter, but a little bit not active on BCT forum.
May i know, what is the best way to get update of the project ?

Twitter is the fastest way to get updates from the team, it will be spread to BCT forum, instagram etc with a delay of a few days :)

When will Encrypgen on Exchange ?
This thread is so quiet, no information posted
Dev, can you more active here ?

https://www.encrypgen.com/gene-chain-update-august-2-2017/

They are working with exchanges on the multi-node setup required for the tokens. My guess is that we will have an exchange in a few weeks at the latest. Personally I believe Encrypgen will be an ICO that people will beat themselves up  for missing in the coming months and years!

reserved.  full nodes coming soon, looking forward to seeing what shape this takes...

when the ico is completed? how many dollars raised?

The ICO was completed couple of weeks ago and they raised around 500BTC. They were aiming for 1000BTC, so the unsold tokens are still up for grab, as it was not distributed to the existing token holders or burnt.

Any news about the Encrypgen?

The last news I find was 2 weeks old: https://www.encrypgen.com/gene-chain-update-august-2-2017/

how many investors were there in total for the ico?

Why Nova Exchange has not added yet Encrypgen ?
Is this token so hard to implemented to their platform ?

There is a new update from developer, a lot of good news
I hope this will be a gem in the future  ;)

https://www.encrypgen.com/customer-update-august-19-2017/

any news?

yes it is because for this type of blockchain there is no tradable coin available yet.
maybe they have to pay them more?

Is it definitely going to get listed on novaexchange? I would have expected it to get listed on much bigger exchanges.

please report some infos here about the state of the standalone wallet & exchanges
its is not nice to leave your ico investors without any news for weeks!

I agree. any infos would be warmly welcomed....
new Roadmap as exemple

thank you in advance

Encrypgen is definitely not a scam, but a reliable company with an interesting idea. Though their communications could be better..

Most info is available in the videos on their Facebook page: https://www.facebook.com/Encrypgen/ (https://www.facebook.com/Encrypgen/)

CEO David Koepsell is providing the updates.

Also the Twitter page is frequently updated. Encrypgen has 12 staff now! Check https://twitter.com/Encrypgen/status/926209180490375173 (https://twitter.com/Encrypgen/status/926209180490375173)

And they recently purchased a super computer, to run algorithms on the blockchain data.

You can find the current Encrypgen funds on Project Transparancy, a nice initiative: http://projecttransparency.org (http://projecttransparency.org)

Luckily, the Encrypgen team changed most of the crypto's raised in the ICO to BTC when the price was low end of July. Thanks to the recent BTC price surge, they have almost twice the funds of the ICO goal ($1M) on the bank.

DNA tokens (which will be used on Encrypgen's Gene-Chain) can now be traded via Cryptonext, an Israelian white label exchange: https://cryptonext.net/?page=markets (https://cryptonext.net/?page=markets)

You can best check DNA/BTC there. Order book is small as the exchange is quite unknown and charges a high trading fee (0,5%).

According to the CEO, the website will be revised soon, then people can upload their own genomic data to the system. Also an ERC-20 token will be launched, to be able to trade DNA tokens on the larger exchanges too.

Lots of interesting developments going on, which is why I'd like to share them here. Enjoy ;D

Disclaimer: I do not work for Encrypgen, but am a happy ICO investor.

Thank you for these good news!

The project looks really nice, good luck dev.

Don't miss the token swap: https://twitter.com/Encrypgen/status/928341225731776512

Can't see any changes in DNAWebWallet. No swap instructions and field for ethereum address. It looks really strange that devs not prepared for a pre-announced event. Encrypgen team need to be more informative to the community.

PS. Now (after 10 hours) DNA swap awailable in web wallet.

should work now, but you are right; the team is not informative and leazy as hell in this area  :(

DNA Swap available by my side.

I tried to send the DNA Token to my ETH Address. Need 24-48 hours to process the transfert. certainly a manual task....

What's the contract address, in order to add a new token in Metamask??

https://etherscan.io/token/0x82b0e50478eeafde392d45d1259ed1071b6fda81

Thank you Iruwen.
I saw that the DNA are distributed now. Just waiting for mine

Got my DNA tokens. Now trading awailable on Etherdelta. It was first exchange for many Ethereum tokens and now DNA listed here too. Waiting for bigger exchanges for this great project, hope that devs will be more active now.

There are two Encrypgen topics running. Can this one be closed by a moderator please?

Then we can continue in here: https://bitcointalk.org/index.php?topic=1968128.60 (https://bitcointalk.org/index.php?topic=1968128.60)

Press Release: EncrypGen Now Offers Codigo46 DNA Kits Forms Strategic Alliance With Health Wizz
http://www.nbc12.com/story/37074699/encrypgen-now-offers-codigo46-dna-kits-forms-strategic-alliance-with-health-wizz

Facebook: https://www.facebook.com/Encrypgen/videos/386111045172678/

EncrypGen, the blockchain solution company for the genetic market, announced today that it has entered into strategic partnership with Health Wizz, the first free mobile platform to allow consumers to efficiently and securely manage their various health records. In addition, EncrypGen also announced that it now sells Codigo46 DNA tests.

EncrypGen and Codigo46 announced today that their partnership will now include the sales of Codigo46?s genetic testing kits through EncrypGen?s website at their new Preferred Vendor Storefront ( https://encrypgen.com/?page_id=32496 ).

Great Mr. mpspringer!
Let's continue in here if you don't mind: https://bitcointalk.org/index.php?topic=1968128.60 (https://bitcointalk.org/index.php?topic=1968128.60)