Token Alliance – Chamber of Digital Commerce For ICO Standards?

The Chamber of Digital Commerce is a large trade association who represents the digital assets and blockchain industry.

The chamber consists of a number of leading innovators, operators and investors in the digital asset and blockchain technology community. That also includes start-ups, software companies, global IT consultants, financial institutions investment and law firms. All those who are committed to support and grow this community can become members of the chamber.

The mission is simple but important – they want to promote the acceptance and the use of digital assets and blockchain based technologies. This can be achieved through education, advocacy and by working closely with lawmakers, and regulators. The goal for the chamber of digital commerce is to develop an environment that promotes innovation, jobs, and investment in the blockchain ecosystem.

About The Token Alliance

All initiatives and working groups that are members of The Chamber of Digital Commerce need to show priorities that are relevant to the blockchain ecosystem. Members are invited to collaborate together, even initiate new platforms for industry collaboration. We want to take a closer look at one of their members, the Token Alliance.

Token Alliance

This member of the Chamber of Digital Commerce is one of the key partners for the fast developing industry surrounding the issuance of tokens using blockchain. Initial Coin Offerings, or ICO’s, are an important and powerful tool for young companies and startups seeking public funding.

Only in 2017, there have been more than 100 token sales raising over $1.5 billion. The Token Alliance wants to develop community-driven best practices and standards so token offerings can in the future happen responsible and informed.

The following objectives are most important for the Token Alliance:

  1. Education – Educate and engage policymakers and the public.
  2. Best Practices – Develop industry best practices, frameworks and standards.
  3. Resources – Provide key market data and analysis.
  4. Policy – Help shape balance legal frameworks that drive innovation and investment.

The initial members of the Token Alliance consists of more than 70 organizations including: Alluminate, AlphaPoint, Bankcoin Global, Blake Cassels & Graydon, Bloq, CMT Digital, Cognizant, Cooley, Crowell & Moring, Elliptic, Gem, Hashed Health, Loyyal, Microsoft, Netki, Node40, Parsons & Whittemore, Perkins Coie, Polsinelli, Qtum, Reed Smith, Rimon Law, Rivetz, Steptoe & Johnson, t0 and Tally Capital.

Token Alliance Verdict

The Token Alliance and the Chamber of Digital Commerce are working closely with the blockchain community to help recommend legal frameworks that can help drive innovation and promote investment, at the same time helping to protect market participants.

The Token Alliance is open to participants from across the industry that have an expertise in blockchain technology. If you might be interested in participating, the Chamber of Digital commerce is open and encourages you to contact them.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,511FansLike
2,795FollowersFollow
4,269FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

PoolTogether's ‘No Loss' Gambling Platform Utilizes Chainlink’s VRF on Ethereum to Select Winners

Chainlink announces its verifiable random function on the Ethereum mainnet, bringing a host of benefits to the decentralized platform. PoolTogether, a gamified savings platform...

Digital Assets Beat Traditional Assets by a Wide Margin & Ethereum Outperforms Bitcoin

In 2020 to date, Bitcoin has seen a positive performance of 80% and Ethereum 217%. With these gains, digital currencies are leading this year, with...

Filecoin Miners Will Receive 25% Of The FIL Rewards Immediately After A Successful Network Upgrade

Filecoin (FIL) miners set to receive 25% of their rewards instantly for miners that successfully activated the FIP-004 protocol at block number #170,000. Given...

PayPal Exploring Acquiring Crypto Companies, Already in Talks with Bitcoin Custodian BitGo

PayPal is now exploring acquisitions of crypto companies, including bitcoin custodian BitGo, reported Bloomberg. This week, Paypal announcing support, buy, sell, and hold for cryptos...

Bitcoin Is Having A “Sell-Side Liquidity Crisis,” As BTC Buyers Outweigh the Sellers

After an explosive start of the week that took us to a 13-months high of $13,300, Bitcoin is taking a breather just under $13,000. Interestingly,...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today