🔥[ETT]EncryptoTel: Secure VoIP and B2B blockchain communications infrastructure

[mickyd]

Is ICO finished? I just understand when it reaches the target of $ 3 million. So when can I remove the encryptotel campaign signature?

The signature campaign was over so you can remove it.

when the distribution will be paid . and how about exchange ?

Really? The signature campaign will last during ICO only? 

[miramare]

An update on the EncryptoTel crowdsale

https://medium.com/@encryptotel/an-update-on-the-encryptotel-crowdsale-e2c3739f2b4c

You ate your own words and terms.

Or your terms just were made after you drunk of Vodka? 

[biggzi]

I don't think this is the best way of dealing with the situation as the ICO terms have changes after we invested...

But if the cap was 5 million I still would have invested... so as an investment opportunity I still think this was a good buy and it just means the project is valued at $4.4mill when it hits the exchange. But changing terms at such a time is not good for business or keeping some investors happy.

Lets just hope they use those extra fund to get this project flying!! Encryptotel better make this count as this is not a great start for building a good reputation.

...and for those expecting to get your money back! haha! Good luck! This is the wild west. We all know the risks investing in these ICOs all you can do is sit back and hope the team delivers above and beyond right now.

[Mallyx]

An update on the EncryptoTel crowdsale

https://medium.com/@encryptotel/an-update-on-the-encryptotel-crowdsale-e2c3739f2b4c

Glad I didn't invest in that.
Breaking the terms of the ICO is just breaking the trust most investors gave to the project.

3M + 1.5M mean that the supplies increased by x1.5 over the cap. It's just a lot, and too much.
You should accept to refund the investors who are asking for.

[anirgu]

Is ICO finished? I just understand when it reaches the target of $ 3 million. So when can I remove the encryptotel campaign signature?

The signature campaign was over so you can remove it.

when the distribution will be paid . and how about exchange ?

Really? The signature campaign will last during ICO only? 

If you check the bounty thread,the signature campaign was already closed along with other bounty campaign and even you are free to remove your signature

[atchoum6760]

Gongratulation to the team project with more than success ICO .
 
Good luck for the development.

[Amritt]

Who knows when entry into the exchange?

[Sasukeevil]

EncryptoTel Team please confirm this! Sasha said that you agreed to make a vote for the investors to decide whether the $1M should be refunded.

[BlackMike]

Congrats EncrytoTel team!

More funds is much better for development and means also more supporters. All crypto highly volatile these days, IMO it was the right decision to leave 24 hrs.

[Sasukeevil]

Congrats EncrytoTel team!

More funds is much better for development and means also more supporters. All crypto highly volatile these days, IMO it was the right decision to leave 24 hrs.

You said that because you got benefit from this decision.

Invested a bit, my first ICO. Good luck!

[RayX12]

Congratulations team.  Looking forward to use that PBX worldwide! 

[muleroaa]

Maybe it might be good to refund investors that deposited after the $3.000.000 target, 50% of their investment. This way they still get to partake and the stake of early investors does not get too dilluted.

[mamamae]

Maybe it might be good to refund investors that deposited after the $3.000.000 target, 50% of their investment. This way they still get to partake and the stake of early investors does not get too dilluted.

damn didn't read , was ICO capped to 3 millions ?
i may remember it was not

[MagicOne]

How many others agree and would like to get their funds back?

Not me. I am happy they raised more. More = greater success of having the funds they need to carry the project through to fruition.

Your happy even though they lied and are going to dilute the value of your your token by adding a lot more to the supply?

How is it being diluted? The value of your tokens are, to start with, related to the amount of money the project has.

For example:

1% of $3M = your tokens are worth $30,000
0.5% of $6M = your tokens are worth $30,000

The number of tokens you actually get are arbitrary anyway.

With the extra funds they will be able to do more than they had originally planned. More funds -> more dev -> better tech / marketing = better chance of success. Which means as an investor your investment should be worth more.

[jtalk]

What happened yesterday that was just awesome response seen by investors when they started immediately putting more and more money into this project which  made it over funded. I see there are some discussion about extra raised money surely some acceptable and reasonable solution will be reached out soon to take the things ahead.

[FandangledGizmo]

Maybe it might be good to refund investors that deposited after the $3.000.000 target, 50% of their investment. This way they still get to partake and the stake of early investors does not get too dilluted.

damn didn't read , was ICO capped to 3 millions ?
i may remember it was not

I guess they must have a different legal definition of 'or max cap $3m'

[FandangledGizmo]

How many others agree and would like to get their funds back?

Not me. I am happy they raised more. More = greater success of having the funds they need to carry the project through to fruition.

Your happy even though they lied and are going to dilute the value of your your token by adding a lot more to the supply?

How is it being diluted? The value of your tokens are, to start with, related to the amount of money the project has.

For example:

1% of $3M = your tokens are worth $30,000
0.5% of $6M = your tokens are worth $30,000

The number of tokens you actually get are arbitrary anyway.

With the extra funds they will be able to do more than they had originally planned. More funds -> more dev -> better tech / marketing = better chance of success. Which means as an investor your investment should be worth more.

The project is now worth very little. If I get back 50% of my ICO investment I will consider myself lucky.

If they had no cap and raised 4.4 million instead of 3 million that would be great but a lot of the money they received was specifically because there was a $3m cap...

I don't invest in too many ICO's because even if they're good, if they trade quickly and don't have any major developments between ICO finishing and trading you can often pick them for less at the start of trading.

However in this case, there is cap of $3 million which I think will be easily reached thereby creating demand from those that missed out which should mean it will be very unlikely that you will be able to pick up shares any cheaper than now in this good project.

How can serious investors ever trust this project after they changed the key term you need to trust when investing in a project?  

How can serious customers ever trust their product for an encrypted phone call? (Part of it is closed source to start I believe) knowing that they sold out their own investors?

I work in the telecoms sector and for one was looking forward to possibly working with you guys and pushing this product to my customer base.  After this now I will simply sell my tokens on the exchange and be done with you.  I am sorry but I bought in with the trust that there would only be $3M tokens sold.  You have broken that trust.  

the ET team don't understand that trust is absolut crititcal in this business. how can we recommend a company changing plans allready at this stage?
how can we ever be sure again that the team will not change plans in future? and we are talking about encrypted secure communication. trust and credibility is a must!
the ET solutions just lost at least 10 companys with 20 -100 employees working as asset managers - good job but i guess they don't care anymore

No serious investment, no customers and it's possible many exchanges can't touch this now.

[leigh2k14]

EncryptoTel Team please confirm this! Sasha said that you agreed to make a vote for the investors to decide whether the $1M should be refunded.

Sasha has come up with the correct response to the situation, put it to a vote, i'd be happy to go along with what ever the majority voted, it would be the fairest way to handle this.

[FandangledGizmo]

Sasha has come up with the correct response to the situation, put it to a vote, i'd be happy to go along with what ever the majority voted, it would be the fairest way to handle this.

I agree. If you put it to a vote of shares that invested before the Max $3 million cap. However if you include the whale that invested the majority of his money after the cap then you would need a very large voter turnout.

[juicejoyce]

I can't access to check my deposit in ICO site?
anyone knows how to?

There is an ongoing issue with the Incent ICO portal display. Your funds are safe and secure on the blockchain. Please fill this form if you have not:

https://docs.google.com/forms/d/1MbbS7q7xZG6ErHS_gB1OTAcd7GKJT37in4XqFNGXKJM/viewform?edit_requested=true

when will the  Incent ICO portal display come to normal?
I can't see my deposit.