[ANN][Private Token Sale] TRANSCRYPT

[Ohan]

I just want to know. Are you going to make a social media bounty program?

[Nawield]

Is your smart contract public? Can I see it on GitHub?

[Keralen]

How exactly can I earn from buying this token?

[Perigas]

Do you charge fee for transferring money?

[rob58]

How popular do you think your project can become?

[Pivo]

I just want to know. Are you going to make a social media bounty program?

For now, there is no bounty campaign, we will launch it at the same time as ICO starts.

[Pivo]

Is your smart contract public? Can I see it on GitHub?

Sure.
https://github.com/Transcrypt/TSRTokens

[Pivo]

How exactly can I earn from buying this token?

In order to provide the greatest possible protection to the participants in the closed token sale, and to those who want to support the project at any stage, we have created a plan of action that will guarantee that the interests of TSR holders are protected.

As part of this plan, 20% of all funds collected will be reserved in a special fund, which will be created in the form of a diversified portfolio of the main cryptocurrencies. The smart contract of the reserve fund will also receive 10% of the net income of TransCrypt in cryptocurrencies every quarter. After 12 months, the TransCrypt reserve fund will be unblocked and TSR holders will have the option to exchange them for a proportional part of the reserve fund in cryptocurrencies. The TSRs redeemed in this way will be destroyed by the smart contract.

Information on the structure and condition of the fund will be completely open. The fund will function for the duration of 24 months. After this period, the fund’s assets will be transferred over to the company’s disposal.

[Pivo]

Do you charge fee for transferring money?

Transfers within the network, will be free of charge, but some services will involve
commission charges. The following are the ecosystem’s sources of revenue:
• fees from exchanges and other financial services for market making;
• commission from conversion transactions;
• commission for the purchase and sale of digital assets transactions;
• commission from external P2P transfers;
• commission from merchant acquiring;
• commission from Interchange;
• commission-based monetization from the creation and use of chat-bot platforms;
• commission for additional services.

[Pivo]

How popular do you think your project can become?

We expect to get 3.5% of the total market (both crypto and fiat transfers)
For more details see section 2 of our whitepaper.

[nadjakitaj]

What are the roles of the advisors?Just wanna figure out how exactly they gonna be helpful for u?

[Sun Flower]

Consumers of what market are u going to pay special attention?

[Pivo]

Why don't you accept payments by credit card?

We will have an EMI license that does not give the right to issue credits

[Pivo]

Consumers of what market are u going to pay special attention?

First, we will focus on Europe

[Druggist]

What are the roles of the advisors?Just wanna figure out how exactly they gonna be helpful for u?

Promotion, consulting, communication with audience. It us briefly. And they are adding trust to the project in general

[crypto_tramp]

What are the roles of the advisors?Just wanna figure out how exactly they gonna be helpful for u?

Promotion, consulting, communication with audience. It us briefly. And they are adding trust to the project in general

Hope the advisors will really do so. I know some projects where advisors are like only pictures on the website.

[Sun Flower]

What are the roles of the advisors?Just wanna figure out how exactly they gonna be helpful for u?

Promotion, consulting, communication with audience. It us briefly. And they are adding trust to the project in general

Hope the advisors will really do so. I know some projects where advisors are like only pictures on the website.

It does not connect to this ICO for sure. The team as well as advisors here are very trust worthy guys. They will do their best for project's success. Moreover the have the interest as they will own enough tokens

[Naes]

The project deserves attention. Tell me where the money will be spent, which are collected on Private Token Sale?

[Pivo]

What are the roles of the advisors?Just wanna figure out how exactly they gonna be helpful for u?

Voskoboinikov - helps with payment system and processing
Matonis - helps with payment system and blockchain
Robert Jarva - helps to find investors
Epin - helps with product and marketing
Nathan - helps promote ICO
Wulf - blockchain expert

[Pivo]

The project deserves attention. Tell me where the money will be spent, which are collected on Private Token Sale?

R&D                                                                                    51.12%
PR and marketing                                                            16.43%
Legal costs, including consultant fees and financial licenses    13.98%
IT infrastructure                                                            7.32%
Financial center                                                                    5.18%
General running costs                                                    0.97%
Unforeseen expenses                                                            5.00%