What Is Envilope?
Envilope is the world’s first postal service based on blockchain technology. Unlike existing postal systems, Envilope gives full control over content to the sender.
Fundamentally, Envilope is a virtual envelope in which a user can securely store emails, digital files, multimedia files, and so on. As mentioned above, Envilope guarantees unprecedented privacy and control over sent contents, including who, where and when the data can be accessed.
If a sender suspects an unauthorized attempt to access the data, they can delete the data entirely, irrespective of how many times it has been shared or duplicated. Moreover, the user can restore the vaporized content at their volition. Thus, Envilope offers end-to-end control over digital media to the original sender.
How Envilope Private Digital Blockchain Postal Service Works
Envilope supports all types of content that can currently be sent via electronic media. This includes music, movies, documents, and much more.
Since Envilope is a public cloud-based service, it allows users to upload their content. After uploading, Envilope sends and tracks the content. Notably, the user retains control over the data, even after it has been delivered. Usually, data is sent via email, the Envilope app or the Envilope website.
Once the content reaches its destination, all actions it undergoes (opening, viewing, modification, and sharing) are recorded on the unalterable Ethereum blockchain. This process is known as Blockstamping, and results in the creation of Blockchain Recorded Deliveries.
Blockstamping keeps an audit trail of all participants in the end-to-end transmission of data content, thus enabling senders to have unrivaled control over the privacy and security of the content.
Envilope is built on the traditional software-as-a-service (SaaS) model; where a central node acts the distribution center for all virtual envelopes. Using Envilope, users can create virtual envelopes on multiple platforms, including iOS, Android, Windows and Mac computers.
Envilope Security And Encryption
Envilope is committed to provide impenetrable security features, and this demonstrated by the continuous deployment of cutting-edge security infrastructure and implementation of the latest encryption techniques.
Some of the mechanisms employed by Envilope include two factor authentication, asymmetric offline file encryption, IP address lockdown and monitoring of unusual activity.
Envilope LOCK Token & ICO Details
Envilope will issue its proprietary token in exchange for funds to be used in the actualization of the blockchain project. During the token sale, Envilope will avail voucher tokens known as LOCK. LOCK tokens lack smart contract functionality and which be redeemed for LOCK tokens after the completion of the token sale.
LOCK tokens will be based on the ERC20 protocol, and will have a functioning smart contract. Additionally, LOCK will be the native cryptocurrency of the Envilope ecosystem.
Out of the available 3,000,000,000 LOCK, 1,000,000,000 will be up for sale during the ICO. The soft cap for the crowdsale is set at $500,000.
Parameters Of The ICO
- Presale start: May 31, 2018
- Presale end: July 12, 2018
- ICO start: July 26, 2018
- ICO end: November 1, 2018
Distribution Of Funds
The proceeds from the ICO will be distributed as follows:
- 30% – development
- 30% – sales and marketing
- 25% – payroll and office
- 10% – working capital
- 5% – legal and professional