[ANN][Private Token Sale] TRANSCRYPT

[Pivo]

Private sale ends after a couple of days. What's the next step?

We will announce further steps after the completion of private sales. Follow the news in our media.

[Pivo]

To pay for your purchases in a conventional store, you will no longer have to look for icons like “Bitcoin accepted”. After the release of plastic cards, you can use even ApplePay or AndroidPay. Your cryptocurrency wallets will be tied to your card. Conversion to the national currency will occur on the fly and you will not be required to do anything but confirm the payment.

Are you going to issue a plastic card? Very promising. And when will it be? Can you give us an approximate date?

Yes, we are going to issue debit cards. According to our roadmap, debit cards will be issued in the first quarter of 2019.

[rob58]

What cryptocurrencies are accepted? Besides BTC and ETH

[Pivo]

To pay for your purchases in a conventional store, you will no longer have to look for icons like “Bitcoin accepted”. After the release of plastic cards, you can use even ApplePay or AndroidPay. Your cryptocurrency wallets will be tied to your card. Conversion to the national currency will occur on the fly and you will not be required to do anything but confirm the payment.

So it means that TransCrypt will become some kind of crypto bank and not virtual but real one, if u succeed in plastic card release than u might want to enlarge the number of "bank" functions and options. And this is great! I can imagine that one day crypto or even TZR will become unified international currency and if u need to get local fiat currency u simply use ATM without any limitations.

Do u plan to colloborate with traditional banks in the future for ATM usage?

Yes, we plan to colloborate with traditional banks.

[Pivo]

To pay for your purchases in a conventional store, you will no longer have to look for icons like “Bitcoin accepted”. After the release of plastic cards, you can use even ApplePay or AndroidPay. Your cryptocurrency wallets will be tied to your card. Conversion to the national currency will occur on the fly and you will not be required to do anything but confirm the payment.

I guess there will be fee for servicing the card?

If we are going to introduce a commission for using the card, it will be minimal.

[Pivo]

What cryptocurrencies are accepted? Besides BTC and ETH

At the moment we accept bitcons (BTC), ethereum (ETH) and bank payments (for the last one you will additionally need to contact us).

[Alsatus]

Do u have any partnerships now?

[Pivo]

Do u have any partnerships now?

Yes we have partnerships with Shapeshift. Soon will be more companies.

[1eve1up]

How does the TSR token distribution work?

[nadjakitaj]

How much money the team is going to cash out after the crowdsale??

[Pivo]

How does the TSR token distribution work?

All funds collected will be distributed in the following way:
R&D 51.12%
PR & marketing 16.43%
Legal costs 13.98%
IT infrastructure 7.32%
Financial center 5.18%
General running costs 0.97%
Unforeseen expenses 5.0%

[Disida]

How long does the payment take?

[dblefl1p]

How does advisory board look like?

[Druggist]

What will happens with unsold tokens? I hope they will be burnt?

[Pivo]

What will happens with unsold tokens? I hope they will be burnt?

Yes,all the unsold tokens will be destroyed.

[Disida]

What will happens with unsold tokens? I hope they will be burnt?

Yes,all the unsold tokens will be destroyed.

How technically it happens? What is "burning" tokens?

[Pivo]

How much money the team is going to cash out after the crowdsale??

we aren't going to cash out any amount. Only for product development.

[Flynn_Sage]

Does your team has experience in financial sphere?

[Pivo]

Does your team has experience in financial sphere?

Currently, the TransCrypt team has more than 50 members, including:

• top-grade developers of the server side and of mobile applications;
• blockchain experts;
• developers of high-load and scalable systems; professionals in the field of marketing and
project management.

Our employees have created more than 10 projects that successfully operate to this day, within the
cryptographic, retail, and fintech fields. We know how to create systems and applications that can
support millions of users. We know how to attract and retain clients. Our experience allows us to
predict explosive audience growth in the near future.

[nadjakitaj]

The project looks very strong but i think the team has to pay special attention to the marketing and pr.