Free encrypted email provider, ProtonMail, could be planning an Initial Coin Offering (ICO) according to a job description for a blockchain developer job.

The Swiss based email service, which was first founded in 2014 by CERN researchers, has been a proponent of cryptocurrency payments for a long time, offering users the ability to pay for their premium email and VPN services using a variety of cryptocurrencies. A job post was recently found on ProtonMail’s website that describes a blockchain developer position that will work on a variety of blockchain related projects.

In the job description, ProtonMail states:

“Looking forward, we have some exciting blockchain-related ventures underway. You will join our team to lead these projects, which will ultimately make the blockchain easy to use and empower millions of people around the world.”

The job description does not explicitly state whether or not one of those “exciting blockchain-related ventures” will include an Initial Coin Offering, but there is more information in the job qualifications section that allude to developing an ICO.

In addition to general blockchain development, applicants for the job must also possess a series of skills and experiences related to the development of an ICO. Some of these experiences include the development of secure Ethereum smart contracts, and participation in a successful ICO.

ProtonMail’s potential ICO would mark the latest ICO issued by a company not directly related to cryptocurrency. Although this could be an exciting prospect for investors, and could mirror the success of Telegram’s ICO, many are not hot on the idea.

In a series of posts discussing the possibility on Twitter, a user by the name of WhalePanda stated that he would cancel his ProtonMail subscription if they ultimately do an ICO. The dislike towards companies like ProtonMail and Telegram conducting ICOs likely comes from the idea that they detract from the adoption and success of existing cryptocurrencies.

ProtonMail has been quiet on the job post and has not yet made any public statements on the possibility of conducting an ICO.