
TransCrypt
What is TransCrypt about?
TransCrypt is a universal tool for all financial transactions. With TransCrypt, you can carry out cryptocurrency transactions, purchase tokens, make transfers in national currencies, and pay for services. There is no longer any need to worry about the currency of a payment – the system automatically converts the necessary amount into the currency of request. TransCrypt has a unique feature of sending and receiving any amount right in the chat of your familiar messenger. You don't even need to leave the chat window.
Value Proposition
TransCrypt sees its main mission as the necessity to remove this chasm and make cryptocurrency operations as simple and fast as the transfer of national currencies. TransCrypt gives users a convenient application for working with crypto- and national currencies, and will develop a solution for businesses that will allow merchants to accept any kind of currency without worrying about how this will affect their balance sheets. In this way, TransCrypt will allow a significant broadening of the boundaries of cryptocurrency use. It will make its use commonplace and will increase its popularity.
TransCrypt Team


PR & marketing

Director of DevOps

Art Director

Product Owner

QA Lead

Lead Designer

Development Team Lead
Strengths
- Compact and highly skilled team with a lot of experience in startups, fintech and payment systems.
- Funds allocation seems great and well thought out in general
- Roadmap seems well thought out for the team and it’s size. Team is also planning to expand the team size by 60%.
Potential concerns
- The logos shown on the website eg. Visa and Mastercard could be interpreted as partners, but can’t be verified. Possibility of exaggeration
- Information is not presented clearly either on the website or white paper. Most of the contributor-relevant information is scattered
- Low hard cap considering the expenditures associated with required licenses and institutional statuses