Internet of Coins Update #23 - "You got change, mister?"

21 Jul 2017 / Dotrego

Internet of Coins Update #23 - "You got change, mister?"

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.

Preparations for exchange underway

This week we made progress in arranging for options to trade hybrid tokens via exchanges. We are in talks with a third party exchange which is adapting their exchange to the technologically new hybrid token concept; where value is held on multiple blockchains simultaneously. We will keep you updated as these plans unfold. Next to a centralised exchange, the tokens can be traded on decentralised platforms in the course of august. We are enabling trade with the tokens so that our Internet of Coins donators can already exchange value on existing platforms, as well as to further the development of the integrated app, to be realised in the course of 2018 (see our roadmap for details).

'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. For the hardcore experts, who want to create seven addresses on seven different chains by hand and know how to manage their tokens securely, it is important to follow the instructions on our early holders page very precisely. If you make a mistake, your tokens will be sent to the wrong address and you will LOSE them! Once your tokens have been released, there is NO WAY for us to get them back and we cannot give you a refund. If you really want to receive the tokens now before everyone else, please send your request with the required addresses to us before August 1st, 2017.

Please send your request from the same email account as the one you used to sign up for our crowdfund. Do not forget to mention the correct TXID(s) of your donation. If we get all seven addresses correctly, along with the TXID (transaction hash) of your donation, the token release will be done at the end of the following week.

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 your PIN, the TXID of your donation, screenshots of transactions and confirmation, or the confirmation email. When 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. In the course of development, the network will be connected to different coins and token systems, as well as those included in the fundraiser.

Our policy against scammers

We are are grateful for the generosity, trust and support of our crowdfunders. But sometimes we have noticed individuals attempting to commit fraud. When a fraudulous claim is detected by us, we will remove the scammer's records from our crowdfund database completely without notice, since we refuse to negotiate with thieves. Of course, it is possible for mistakes to be made and if you have sent in a lawful claim, but not heard anything from it within two weeks, please communicate fully and clearly, providing us with as many relevant details and screenshots as possible. Send your appeal to distribution@internetofcoins.org along with all attachments and information regarding your donation and we will consider your case.

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 soon with our next newsletter!

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

PS: the title of this newsletter is a quote from the movie UHF



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