How to invest in the EncryptoTel crowdsaleWe’re using secure, intuitive deposit tech to make it as straightforward as possible to participate in our crowdfund.
EncryptoTel’s crowdsale opens in just a few minutes, on Monday 24 April. Taking part is extremely easy and takes just a few minutes at most.
To start with, sign up to register for an account at EncryptoTel.icotech.me
. You’ll need to enter your email address and a password. Keep these safe — you’ll need them to access your account, though if you have problems you can always ask us for support. After signing up, you can go straight to your control panel. You’ll see information about the current price of the EncryptoTel Token (ETT), how much has been invested so far, how many tokens you own, and so on.
Once you’re registered and logged in, you’ll receive your unique BTC address for deposits, as well as WAVES, ETH and ETC addresses (check the dropdown menu on the left for options). All deposited funds are immediately moved to escrow, and wherever possible two-of-three multisig is used.
All you need to do is send funds to these addresses, using the QR codes or by copying and pasting the addresses. BTC can come from a private address that you own yourself, or from an exchange — it doesn’t matter. The same is true for ETH and ETC. In the case of WAVES, though, they must come from an address you control. Do not send WAVES from an exchange
. When using Ethereum or Ethereum Classic, take care to send funds to the address for the correct blockchain! You can also use ShapeShift to convert most alts to BTC on the fly. You’ll be credited in BTC at the market rate.
When you buy with WAVES, you’ll need to enter each address you deposit from. You’ll also need to record a Waves/Ethereum address to receive your tokens after the crowdsale ends. Because this is Incent’s deposit tech
, there’s a substantial Incent
bonus for every investor at no extra cost to them, equal to 3% of your investment. This will be bought in real-time at market rates from exchanges at the point of investment, and will also be sent to your registered account.
All ETT balances are calculated from the blockchain, using timestamps to determine which price tier applies. Your token balance will be updated shortly after deposit. There’s no MySQL database, which is the regular way of doing it — these can be hacked and tampered with. In the event of a complete outage, API failure or anything else untoward, investors will know that their token balances are securely recorded on the blockchain itself. At the end of the crowdsale, there will be a thorough audit, before token balances are once again calculated by parsing the blockchain, and ETT tokens created and distributed to all our investors as a Waves or Ethereum token.
To register for the EncryptoTel crowdsale, go to EncryptoTel.icotech.me. If you have any questions, ask us on the Waves platform Slack
or EncryptoTel Slack
, or our
. For more information, visit www.EncryptoTel.com