A Note to the Vezt Community

Vezt Inc
2 min readSep 28, 2017

Greetings Vezt community!

As many of you know, Steve’s phone was compromised via a social engineering hack in the middle of the night. This led to the hacker being able to access his Telegram account, the Vezt Twitter account, as well as cause issues with the website.

Fortunately, our team was quick to respond and was able to prevent any monetary damages. All funds are completely safe thanks to their security measures. Again to reiterate: no funds were lost and our wallets are fully secure.

We realize such an event is frustrating, and should be dealt with the upmost seriousness. Here’s what we’ve decided to do:

  • We’ve decided to do the responsible thing and postpone the TGE for 7–14 days in order to do a final code and security audit.
  • Everyone who has already contributed will stay “in.” Your tokens will carry over to the new TGE.
  • We are also adding manpower, consulting with more security experts and will have an update for you in a few days.
  • We will be making some improvements and updates to the website all in accordance with the feedback you’ve sent us.
  • During this time, our communications and business development team will push the Vezt story to as many channels as possible to expand our reach and also bring more attention to what the team is working on.

In addition, many people have written to tell us that we should announce some big name artists and rights holders. We hear you! Rob and Steve have been working the phones and holding meetings day and night with some well-known singers and bands. We will announce these partnerships as soon as possible.

We think this is the most prudent way forward to shore up our technicals and resources and then press onward and upward.

We welcome all of your advice, input, and ideas. Keep ’em coming! If you have any questions, please feel free to ask! Keep tuned for more updates! We will continue to keep the communication strong with you all!

At your service,
Michael E. Rubin
Director of Communications, Vezt
michael@vezt.co

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