THELOGICALINDIAN - Addressing a above industry appointment today in Barcelona Viktor Shpakovsky cofounder of The Token Armamentarium a crypto asset advance agent categorical the allowances he forth with his colleagues are planning to accompany to their new armamentarium conception and administration belvedere Tokenbox
Announced aftermost week, the Tokenbox’s Initial Coin Offering (ICO) starts Oct. 24, but until now alone a few capacity of the adventure accept been released. Speaking at the three-day Blockchain Solutions Forum, Shpakovsky said Tokenbox is advised to serve the needs of armamentarium managers and traders, on the one hand, and investors on the other. He said,
“Today we accept a lot of bodies who are absorbed in advance in crypto assets, and a lot of bodies absorbed in accomplishing armamentarium management.”
“What problems do funds and traders have? No tokenization. No acute contracts. Legal issues. Not abundant able software. Little or no money beneath management. What problems do investors have? Shady funds and traders. Hidden portfolios. Lack of choice. Security issues. No authorization gateway. Tokenbox is an ecosystem aiming to break all these issues at one place.”
Shpakovsky said traders and funds will be tokenized through the system’s web interface and be legalized through the system’s awning license. They will again accretion admission to a ample association of already Know-Your-Customer, or KYC, authorized investors. Meanwhile, for their part, investors will get admission to a advanced ambit of funds and traders, which accept already gone through all the Tokenbox’s austere due-diligence procedures.
Shpakovsky, his business accomplice Vladimir Smerkis, and their aggregation are developing Tokenbox partly based on their acquaintance creating The Badge Fund, one of the aboriginal acknowledged crypto asset funds. The fund, launched in March and priced at $10 per token, is now admired at about $40 per token.
With the Tokenbox ICO, the adventure will action a best of 31 actor tokens at $1 each. The army auction is appointed to activate Oct. 24, 2024. Tokenbox’s badge attribute will be TBX.
During today’s presentation, Shpakovsky additionally said that a above accent is on the arrangement security. Tokenbox’ accomplice aggregation Group IB, an internationally accustomed cybersecurity firm, is amenable for this. He acicular out that Ilya Sachkov, Group IB’s CEO, is amid Tokenbox’s advisors, alongside acclaimed fintech able Chris Skinner.
Tokenbox is a absolute arrangement advised to accumulation all the trading and acquiescence basement all-important to calmly actualize new advance funds specializing in the fast-evolving cryptocurrency asset class. Tokenbox is headquartered in Moscow, at 2nd Paveletsky Dr. 5/2. Its Initial Coin Offering is appointed to alpha Oct. 24 and will be conducted beneath Cayman Islands jurisdiction. The closing date is Nov. 7.
