Internet of Coins Update #26 - I heard it through the grapevine

Dear cryptocurrency enthusiast,

We thank you for your interest in our project, and all who participated in our crowdfund. You are receiving this e-mail because you have either signed up for the Internet of Coins e-mail updates, participated in the crowdfund or have previously been in touch with one of our team members. This newsletter will be sent out once every two weeks, to keep our supporters updated about our development efforts.

Grapevine talk

On our chat channels there was some confusion over a message that did not come from us, and instructed people to make a wallet. Be sure only to respond to instructions that come from Internet of Coins directly. As per our terms (https://coinstorm.net/terms) we will release a public wallet to receive the tokens in the first quarter of 2018. See 'The release of the tokens' below for details. If you have any suspicions about emails claiming to be from Internet of Coins, or using the IoC name, please forward the contents to info@internetofcoins.org so we can take appropriate measures. Internet of Coins is an independent initiative and has NOT instructed any other organisation to speak on our behalf.

Alpha wallet updated

Our ALPHA wallet (only for testing purposes) was updated and now integrates many improvements. We invite people to try it out and give us feedback per email about their experience. Please keep in mind this is experimental code, so please do not store large amounts of value until the testing phase has been completed. The alpha wallet can now be reached at https://wallet.coinstorm.net We'd love to hear some feedback on your experience with the wallet.

Tell me more, tell me more...

We now have a working implementation of deterministic Ethereum functions, so the ETH blockchain can be connected to our ecosystem. We have integrated the REST API into the command line wallet for testing purposes. Processes in the code have been segregated, or split up into separate streams, for more security. Account credentials are checked at login using a validation algorithm to prevent typing mistakes. Also our connectors to other RPC (remote procedure call) interfaces have been improved.

'How we roll'

We noticed some questions about the token release cycle in our email inbox. Some supporters asked how and when they would receive their tokens. For most people, the tokens will be released in the first quarter of 2018, when our integrated and user-friendly wallet has been developed. The last requests for early holders are now being handled.

The release of the tokens

There have been questions regarding where the HYBRID tokens are 'visible' and how donators can know where their tokens are stored. We build on earlier achievements, and hence the infrastructure to carry our tokens will be developed using the (crypto)currency that our supporters donate. At the present moment, this means your registration information is your ticket for our Fundraiser. Make sure to keep a copy of the TXID of your donation, screenshots of transactions and confirmation, your PIN and/or the confirmation email. The deadline for those without any confirmation of their donation to contact us was September 1st.

Once the network infrastructure is functional, each donator will be able to create their own account on the newly developed system. This account will receive the amount of HYBRID tokens reserved according to the USD value of the donation at the time of participating, as per our terms. In the course of development, the network will be connected to different coins and token systems, also those included in the fundraiser.

How can we help you?

If you want to ask the team any questions, regarding the project or in general, please use one of these ways to do so:

Twitter: ask your question and mention @InternetOfCoins
Log on to the chatpage on our website: https://internetofcoins.org/chat
Via email: info@internetofcoins.org

If you haven't received a mailing from us earlier and are new to the project, you can read up on previously published articles on our blog, join the Bitcointalk forum thread, check out our project website or watch one of the presentations we have held at various conferences.

Ways to support

We can use help integrating different blockchain systems into the Internet of Coins wallet. If you can program in JavaScript (NodeJS), and would like to help out, please let us know. You can also follow and retweet us at @internetofcoins to spread the word. Want to be added to our Slack channel? Just reply to this mail with your request and we'll send you an invite. Once added, you can invite others as well.

Thank you for taking the time to read our updates, we'll be in touch again with our next newsletter around two weeks from now.

Yours sincerely, Amadeus, George, Jelle, Joachim, Kirsten, Luca, Maria, Marjon, Pim, Robert, Sergey and Steffen