Major updates from the Enigma team. Please read!

Hello to everyone following our project. We’ve seen unbelievably strong interest in recent days from our community. With 2500+ Slack members and 1000+ Telegram members, we are feeling and sharing your excitement. We know Enigma is only as strong as the community supporting it.

Thousands of people have already tried the Catalyst alpha and have begun building their own trading strategies. If you haven’t done so yet, sign up today and join our Catalyst Contests where you can win prizes for building winning strategies!

We have a few major announcements to share with the community that affect our upcoming token sale. This is a critical message, so please read on.

1. Our token sale landing page is now active.

We’re ready to unveil our token sale landing page!

token.enigma.co

Here you can register yourself for our token sale and submit your email for updates on our sale, product, partnerships, community, and more. You will not be able to purchase any ENG through our token sale page until the crowdsale on September 11.

This page will be the home for all information around the Enigma token sale, supplementing our existing FAQ, which we will continue to update as well. We’d love your feedback on how to make our token sale site as accessible and informative as possible.

As always, you can ask questions of our team on our Slack and Telegram channels and provide your thoughts there.

2. We are now listing our native token as ENG.

After numerous conversations with our community, we realized that the name ECAT didn’t reflect our vision for our native token. While our token will be used on the Catalyst platform for accessing data sources and as community incentives, our token will be used across all applications of the Enigma data marketplace, not just Catalyst. This ensures that our community will continue to share in the growth of Enigma.

To avoid any confusion, effective immediately, ECAT is known as ENG. This new name better shows our commitment to using our native token broadly. We have no plans to create any other native token, as this would not be in the best interest of our community nor our best interest.

No distributions of our native token have been made, nor is the token currently listed on any exchange, so this change will not cause any disruption operationally. If you have earned “ECAT” as a community incentive, you will instead be receiving ENG. The function and purpose is exactly the same — the only thing we have changed is the name.

3. Presale incentives have changed due to demand.

As discussed in our FAQ, our presale for Enigma is ongoing. As in other tiered sales, as interest increases and commitments are made, earlier tranches of discounts are filled.

Currently (August 15) at our current tranche, we are giving a 10% discount if you are willing to lock 50% of your tokens for 1 year or 5% discount if you want to get the tokens right away. These are reduced discounts from earlier communications you may have seen because our presale interest at those levels has been filled.

Our presale is still open for the time being. If you have interest in our presale at these new discount rates, please contact our cofounder Can by emailing *can at enigma dot co*.

4. The date of our Enigma crowdsale is now September 11, 2017.

Our primary concern in our token sale has always been our community. We want our community to be invested in our project, engaged with each other, committed to our future, and above all protected from harm.

We did not reach the decision to delay our token sale easily, but we made this choice with the safety of our community in mind. Every day we are hard at work on securing our token sale as well as building the Catalyst product. We want to make sure each and every member of our community who wishes to participate in our token sale has the opportunity. This is the best way to ensure that you will.

In addition, we want to make sure Enigma and the marketplace continue to operate well into the future. Our vision beyond Catalyst is long-term, and we must take every precautionary step up front that will give us the best chance of achieving it with the smallest risk for our community.

We’ve had incredible growth recently, beyond all expectations, and the Enigma team remains extremely grateful for all of your support. We are always available on Slack, Telegram, and Twitter to support you and answer your questions.

Thank you. Together we will create a better future for our data!