Concerning the latest changes in the regulation in the field of cryptocurrency, TransCrypt has defined its development path by focusing its investment strategy on the fiat funds. The company is on the final stage of the arrangement with large funds, which will not be able to support the project which receives investments in cryptocurrency.
TransCrypt will fully refund investors their investments. As the company prepares to enter the next stage of its changed strategy, it will not be progressing with an ICO.
Furthermore, all those who have invested in TransCrypt will benefit from receiving a promo code, which allows using the application without commission for three months.
Bounty campaign participants will also get promo codes for terms equivalent to the terms of their participation. You can use the promo code yourself, transfer it or sell it. We also suspend the bug-bounty program. With participants who have already sent a report on bugs, we will contact and agree on an evaluation and reward.
TransCrypt believes that these changes signal positive industry developments which offer greater benefits for investors, such as increased security and transparency.
You can read the whole release here:
https://tsrpay.com/docs/TransCrypt-Press-Release.pdf
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