![]() ![]() It does however provide a general description of the coin’s “purpose,” including a “way for the general public to participate in the growth and expansion of ProtonMail and the entire Proton ecosystem, centered around the ideas of security and privacy,” as well as a misleading press section featuring articles only about ProtonMail’s existing, core services.ĭespite the crypto Twitter community discussing the possibility of an ICO from ProtonMail only today, the company’s plans have apparently been in the works for some time. The ProtonCoin site provides almost no details about the potential token’s functionality, technological basis, and sale logistics. According to domain registrar service, the domain was created on Feb. The service’s potential crypto token is evidently to be dubbed “ProtonCoin,” according to what appears to be the project’s official site, which was quietly launched on June 19. Encrypted email service ProtonMail is “considering” launching an Initial Coin Offering ( ICO), the company’s CTO Bart Butler confirmed to Cointelegraph in a statement today, July 23.īutler also wrote on Twitter today –– in response to commentators mostly negative speculation about the company running an ICO based on a job listing –– that the company is “exploring issuing a token as an alternative to traditional VC funding.”
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