Place/Date: - March 26th, 2018 at 7:56 pm UTC · 4 min read
ySign, the new messaging application aiming to revolutionize modern communication, is pleased to announce its impending token generation event (TGE), which is set to commence on March 21st, 2018, and to conclude on May 4th, 2018.
ySign responds to the growing need for fast, simple, and reliable digital communication, without the complications associated with the centralized communication means currently available on the market.
Making use of the revolutionary blockchain technology, whose mass adoption is becoming increasingly popular, ySign is poised to bring about radical changes in the way people approach interpersonal communication and data sharing through digital media.
More specifically, ySign eliminates the dated and problematic model of centralized processing of text messages and calls.
This move, alone, makes ySign a benchmark-setting app, as it introduces a novel application of the blockchain technology to the mainstream market, making it available to the billions of users who have so far spent significant time and resources in their effort to protect their communication data from being accessed or controlled by anyone else other than themselves.
Mr. Ivan Vujic, ySign CEO stated:
“During the past several years, there has been increased concern about online communication privacy. The market is saturated with centralized apps and communications platforms, which are vulnerable to third-party intrusion and data theft. ySign is introducing a new era to the way people connect with one another, on a global basis. Using blockchain technology, we ensure that ySign users enjoy the highest level of security and privacy during their communications, allowing them to connect with each other and share information freely, and, above all, safely.”
“Our staff has extensive experience in business, marketing, IT, and app development, while we are actively expanding our knowledge in finance and exchange platforms. We are fueled by passion and creativity; we are fast to adapt to change, and we believe it is our duty to keep abreast with the latest developments made in the ever-evolving technological field, so as to develop innovative IT ideas that would ultimately serve as everyday problem solutions for people from all around the world.”
“Our vision is that of total freedom of communication – a world where technology enables people to enjoy full freedom of speech and freedom of expression. We are confident that, through our expertise and hard work, we can use technology to both advance and simplify the concept of global communications as a whole and promote enhanced connectivity between people – wherever they might be located.”
The blockchain-based platform aims to be a global means of free, anonymous and secure communication, which will provide users with the ability to carry out discreet conversations through calling or text messaging.
In lieu of storing data in a centralized server, which is the most commonly used method of relaying communication data nowadays, ySign protects users’ privacy by using NEM blockchain technology to carry and distribute messages through decentralized file sharing.
By employing the aforementioned means of distribution, the app guarantees its users’ total privacy, while it also safeguards their data,which is encrypted, and thus remains impenetrable to hackers and malicious attacks of any kind.
What’s more, the ySign application itself does not collect users’ personal information, seeing as how only a username and a password are required for app registration, as well to access users’ individual, securely-stored data on the ySign app blockchain.
The ySign app, which is currently in development, has been designed by the ySign team with an audience of billions of users in mind. Every ySign app user will have a unique ID Address, whose only last six numbers will be displayed.
Users will be able to choose between their username or ID address to be shown in their in-app communications, with their messages and data are stored on their personal ID address alone; while they further have the option of storing their messages on their phone, and delete them at any given time.
ySign will use its proprietary digital currency, YSN, an ERC20 token standard based on the Ethereum Network, while the app will also accept XEM tokens.
The YSN token private-sale period concluded on March 15th, 2018, while, at the time of writing, the token’s pre-sale is currently underway.
The company has set the remaining two token sale phases, and sale price per token, as follows:
Start date: March 21st, 2018
End date: April 18th, 2018
Start date: April 19th, 2018
End date: May 4th, 2018
Disclaimer ySign is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest