Trustible Early Key Sale
Trustible protects private keys from loss. The private keys that control our on-chain assets. If you lose them, you lose everything. The fear of loss makes more and more people use custodians to manage their assets. It is simpler and safer, but perhaps without knowing, you have given up ownership as a trade-off.
Vendible Labs has created a system that allows you to self-custody without constantly worrying that you could lose these assets. We help you create a decentralized identity that manages data and assets while maintaining your privacy with zero-knowledge technology. Our first product with this system is Trustible. Trustible encrypts and locks your private keys in your identity vault with protections so that, if you lose access and your seed phrase, you can go back through a recovery process to get them back. We hope many of those looking for self-custody with peace of mind trust and use our system.
However, we know that trust does not come from saying something is secure, not when people’s assets are at stake.
Vendible Labs knows that to succeed, we must open-source our solutions. Open sourcing will bring opportunities but also risks. To reduce our risks, we must grow a large, committed community that supports our vision and mission so that we scale quickly and become a dominant player in the market. We have launched several initiatives to achieve this goal, and one we are announcing now.
Our first initiative is the Ible City NFT collection. As a cross-chain product, we are using Ible City to grow our committed core across many of the top blockchains. With free key protection accounts, VEND tokens for participation, unique PFPs, and rewards from our profit-share DAO treasury, these utility NFTs have tremendous long-term value.
While the NFT collection establishes a very committed core, we need many who want to contribute and receive recognition for their support without committing a significant amount of time. This large group will help us ensure Trustible is the best possible product by providing testing and feedback in exchange for VEND. With the mainnet launch, everyone will participate in a referral program that will distribute free key protection accounts to the new member and the referrer.
Free protection accounts are a great way to protect your assets from loss, gift to a friend who is new to crypto and wants to be safe while owning their assets, or resell them in marketplaces (as they are themselves on-chain assets). Each free account has an early retail value of USD 7 per year. Whether through many referrals or Ible City NFTs, free accounts are worth picking up.
The number of free accounts is limited, much like the spots we have reserved for testnet. With 10,000 signups in 2 days, we believe we will exceed our goals, leaving many out of testnet and VEND token rewards. Some are picking up a single Ible City NFT to ensure their spot so they can pick up their VEND. With many potential signups not making it into testnet, we wanted a way that everyone who registers can earn some reward for their interest in the project. We are announcing the early key protection sale launch to ensure all registrants can access early rewards.
During testnet, we will open a portal so that all registrants can purchase key protection at deep discounts, whether granted access to testnet or not. This sale will help incentivize members to lock in savings early. Like free protection accounts, individuals and businesses can use these discounts to protect their accounts; they can be given as a gift or sold on a marketplace.
We hope you will register for testnet and participate in helping us make Trustible the best product possible.
Gwin Scott and Doug Broughton
