Enigma refunds investors after $500k scam [UPDATED]

After $500,000 scam attack in August, Enigma reimburses the investors affected 
26 October 2017   1080

What happened 

A hacker managed to compromise Enigma project before its ICO netting over 1,500 Ether (over $500,000) from the community.

On August 24th, Guy Zyskind, co-founder and CEO of Enigma, makes an announcement to address growing concerns over the hack that resulted in investors being scammed.

Firstly, the man highlights Enigma's gratitude for the support from the community. However, as Zyskind notes, "there’s nothing worse than having people who join our ranks ... fall victim to a malicious act". 

So we are taking responsibility. ... We will restore funds to everyone that lost money in this recent scam attempt after our token sale concludes. We’ve already been in direct contact with some of the affected parties. 

Guy Zyskind
Co-founder and CEO of Enigma

Thus, Enigma's CEO encourages everyone who lost funds to reach out to the company with information about themselves and their transactions. 

As far as Enigma's future plans are concerned, Guy Zyskind mentions that the team is to   live-stream their token sale on September 11th in order to remove any doubt about information shared during the token sale.

The present day

Now, on October 24, the project finally reports that the victim recompensation and sale refunding is complete.

As reported, Enigma is continuing to work with those victims who have not yet provided wallet ownership confirmation. The company has already reached out to all those who have submitted a report, and the final deadline for wallet confirmations is the end of the week (October 27th).

In addition, all ETH/BTC refunds from overcontributions during the token sale have been distributed

Conducting a safe and efficient token sale is often a difficult and complex process, and we know there were many elements of the ENG sale process that could have been improved. With the sale now finalized, we continue to reflect on the challenges of our token sale and look ahead to building our protocol, our product and our business successfully.

The Enigma Team

The team also stresses that Enigma is dedicated to transparency, honest communication, and execution, and it will continue to demonstrate this commitment and maintain the users trust. 

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Eidoo to Launch ICO Powered by Visa

The Vio token sale will start on February 19, 2018 and will end on March 2, 2018 with 250M VIO tokens which will go on sale at a rate of 10,000 VIO token per 1 ETH
19 February 2018   199

Eidoo is a blockchain-to-human interface striving to simplify the interaction between the blockchain and its users. Eidoo wants its wallet to have a fast, easy to use, disruptive, flexible, feature rich, turn-key Ethereum implementation, based on ERC20 standard and EVM contracts, with an embedded token system to fund the development.

As it was announced in the Medium blog of Amelia Tomasicchio, the community manager at Eidoo, the Vio digital platform and Visa Direct will launch its token sale on February 19, 2018 through the Eidoo ICO Engine.

Eidoo and Vio collaborationEidoo and Vio Collaboration

The Vio token sale will start from 12 PM GMT on February 19, 2018 and will end on March 2, 2018. 250M VIO will go on sale at a rate of 10,000 VIO token per 1 ETH.

The users who want to participate in the Vio token sale, need to download Eidoo’s cryptocurrency wallet on their smartphones.

Vio’s Team believe that Eidoo has proven itself as the go-to platform for token sales, ensuring an unrivaled level of security and ease and use for participants. Vio is looking forward towards the launch of this collaborative partnership.

Team at Vio

Vio is a digital P2P transfer platform powered via Blockchain and Visa Direct. Vio users can send and receive funds domestically and internationally to another user's profile or wallet address.

At the moment of press, these are main market parameters of Eidoo token:

Average price: $2,61
Market cap: $76 264 732
24h volume: $11 515 100