CryptoTel is a new project that is looking to disrupt the Communications industry on a massive scale, globally in fact. Using a Softphone infrastructure with blockchain-based VoiP communication and integrate traffic encryption for individuals and businesses and the most innovative digital technology solutions.
We have seen blockchain technology used in many diverse ways to solve real world existing problems, from the financial sector to the records & keeping sector, but until now, we have not seen a project that is attempting to disrupt the communications industry.
I have been waiting for a project such as this to come along as this is a sector that is way too centralised and needs to change due to the privacy and surveillance issues that surround it.
Encryptotel will be using blockchain technology to provide users with a secure service entirely on the blockchain using very strong encryption and by being completely decentralised with no central authority. It’s not just the calls that will be encrypted and secure using EncryptoTel’s service, all other aspects of the platform will also be integrated into the blockchain, items such as transactions made, call history, contacts, and everything else.
This is something completely new and something that the public will welcome, especially due to the growing surveillance by government entities.
The service will have cross-platform functionality by being accessible on desktop computers and on mobile devices.
Services will be offered entirely on blockchain technology and will have the functionality of having Direct-dial numbers in more than 100 countries around the globe.
By using API technology, integration with external services is made possible so the use-case of EnctrptoTel is far-reaching and can be integrated to any currently offered services by the use of this. And what’s more is that users will be able to make secure calls within the network for free.
The cost only comes where users want to make calls outside of the platform to either mobile phones of to landline numbers, and these will be much cheaper than the conventional method. Users who want to use this service will be incentivised by the purchase of the ETT token to receive a discount. Payment will also be able to be made using fiat currencies and crypto-currencies. By buying ETT credit, the user will receive a discounted price.
What excites me the most about this project is that the users of the platform will be able to earn just by using the platform by being rewarded the native token (ETT), every time they use it.
The Project is only looking to raise $3 million dollars as the platform is already up and running and is almost complete. I have registered on their platform and can confirm that the system is up and ready for the next stage which is launching the actual service. I highly recommend you have a look for yourself to see how seamless the user experience is. It’s obvious that the team have been working on this for quite a while and have put a lot of effort into it while doing so.
You can play around with their platform here: https://encryptotel.com/
EncryptoTel are offering investors the opportunity to invest at this stage in the form of an ICO (Initial Coin Offering), but due to the cap of $3 million, it will likely not last long as the project is highly anticipated. They have however set a time of 37 days in which to collect the target of $3 million.
ICO DETAILS
The ICO is set to begin on 24 April 2017 at 00:01 UTC Time.
Early investors have will receive a bonus, which will change depending on when they invest, the earlier one invests, the higher bonus one will receive;
DAY 1: 20% BONUS
DAY 2-7: 10% BONUS
DAY 8-14: 5% BONUS
DAY 15-37: NO BONUS
The price for the Tokens will be set at $0.05 on day one and increasing onwards in line with the bonus structure shown above.
What’s important to note is that this will be the only funding round. No more tokens will ever be issued. The Tokens issued after the ICO ends will be a fixed supply with zero inflation.
Cryptotel are offering quite an interesting proposition, where investors can invest into a project with such massive potential.
Just think to yourself, if you could have invested in Skype while it was still being developed, would you?
Well, I believe that with Blockchain projects and their potential to change the entire landscape, EncryptoTel being the first mover in this field, this just might be our chance.
To find out more about the EncrptoTel Project and how you can take part in the ICO, you can find all the details at the link below;
ICO Website: http://ico.encryptotel.com/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=1848180.0
FURTHER READING:
PART 2:
Why the World Needs EncryptoTel + Investment Opportunity (ICO)
PART 3:
How EncryptoTel will Work & Who it is For – The Nuts & Bolts & Services Offered (ICO)
PART 4:
EncryptoTel ICO as an Investment – Should you Invest - Conclusion
