TransCrypt is an ecosystem for the distribution of cryptocurrency and the national currency, which includes an easy-to-use application for making payments and transfers, an investment tool, a retail product that allows accepting cryptocurrency in the payment and financial products market. Security on TransCrypt platform is confirmed by the presence of ScamGuard scan. The platform allows managing assets in one touch. Moreover, TransCrypt is connected to Telegram, and it is not necessary to know the number of a wallet to send money - it's enough just to find a person you need in the contact list.
To purchase TSR tokens, you should register on the platform, go through full identification and apply for the purchase of cryptocurrency, i.e. undergo the KYC procedure. This procedure is mandatory for individuals and legal entities. It will be possible to use both cryptocurrency (BTC and ETH) and bank transfers (in agreement with the founders of the platform) to buy tokens. After purchase, the tokens will be delivered to a buyer's cryptocurrency wallet only in a month. The discounts for the purchase of cryptocurrency are not provided, but, depending on the amount of purchase, there is a bonus system on the platform. The bonus system works according to the following principle: when you purchase 1 000 TSR, 10% of bonuses will be charged, 10 000 TSR - 20%, 50 000 TSR and more - 25%.
TSR is implemented according to the ERC20 standard and works through Ethereum. TransCrypt is a project for collecting investments, after its successful completion the platform will move to Tizer blockchain platform and, accordingly, ETH will be replaced by Tizer in the proportion of 1 to 1. The advantages of using TSR token as cryptocurrencies are the ability to pay up to 100% commission tokens of the platform, the release of new tokens, even through a mobile application. The cost of 1 TSR is 0.001 ETH. The amount of a one-time possible purchase is in the range from 200 TSR to 10 million TSR. All issued tokens are distributed according to the scheme - 60% is allocated to the project's crowdsale, 20% is reserved and 20% is allocated to the project team.
Currently, there is a preliminary sale of cryptocurrency that lasts till May 27, 2018. The main goal of the platform is to raise $10 million. The minimum fee for the further development of TransCrypt is $2 million.
The investments attracted to the project will be distributed according to the following scheme:
- 51.12% - the development of the project;
- 16.43% - marketing and PR campaign;
- 13.98% - legal expenses;
- 7.32% - the development of the project IT infrastructure;
- 5.18% - payment for services of the financial center;
- 0.97% - payment of total expenses;
- 5% - unforeseen expenses.
You can use TransCrypt platform in absolutely any area of life. For example, as a multi-currency wallet to perform transactions in different currencies. Also, the availability of an account for each user allows selling and purchasing cryptocurrency, making daily payments using TransCrypt card, exchanging currency for traders. The key is cooperation with many messengers, which greatly simplifies the work between the platform and the servers of communication.
The idea of creating TransCrypt project appeared in December 2017. To date, the team of professionals has been created to work on the platform, a beta version of TransCrypt application for Android has been launched, Telegram messenger was integrated into the work of the platform. In 2018, we also plan to release a beta version of TransCrypt application for iOS, the implementation of Ethereum and Bitcoin, the acquisition of basic PCI DSS certification and EMI license. The main crowdsale will be held in February 2019.
Thus, TransCrypt platform is a server for everyday work with a user's personal finances. Thanks to a user-friendly interface, high speed of operation and a large degree of equipment, TransCrypt will become an indispensable assistant.
Website: https://tsrpay.com/
White Paper: https://tsrpay.com/docs/whitepaper.pdf
Telegram: https://t.me/tsrpay
Twitter: https://twitter.com/tsrpay
Facebook: https://www.facebook.com/tsrpay/
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer:
This review by Bonanza Kreep is all opinion and analysis, not investment advice.