TokenFunder promises to be a better way to invest in the companies of tomorrow using FNDR tokens. Find out what that means today in our review.
What Is TokenFunder?
TokenFunder, found online at TokenFunder.com, aims to create the world’s leading token issuance and governance platform powered by blockchain technology. The goal of TokenFunder is to allow investors and businesses to access the world of digital finance.
Some of the key goals of the project include:
- Businesses can access global capital using cryptocurrencies
- Investors can access direct investment channels and protect their rights
- Legal frameworks of token sales are supported by smart contracts
- Financial controls ensure proper fiscal management
- Disclosure and transparency comply with regulatory requirements
Obviously, cryptocurrencies and ICOs have changed the world of venture capital. TokenFunder wants to make it easier for companies and investors to participate in the exciting world of initial coin offerings while enjoying the benefits of a regulated, controlled environment.
Registration for TokenFunder’s own ICO, for FNDR tokens, begins on November 1.
How Does TokenFunder Work?
The key part of TokenFunder is called the Smart Token Asset Management Platform, or STAMP, which is a software as a service platform that uses web and blockchain technology to keep fundraising costs low while boosting tracking, trust, and transparency for project funders and users.
STAMP is built on the Ethereum public blockchain. It includes an open API containing modules for venture building, governance, investor identity management, and smart token management.
Basically, STAMP is everything you need for a successful, regulated coin offering.
The platform aims to provide cost and time savings, investor protection, and speed to market.
Anyone can access STAMP to enjoy a regulated coin offering. However, TokenFunder also has professional services available for businesses that need extra support. Some of those services include a feasibility study, business case development, token economics and business valuation, regulatory implications, token launch strategy and implementation plan, marketing support, IT services, and overall project management.
TokenFunder Features And Benefits
TokenFunder aims to provide better features and benefits to a wide range of parties involved in the venture capital process. Here’s how businesses, investors, and other parties can enjoy benefits through TokenFunder:
- Global capital access
- Direct investment
- Investor rights
- Smart contracts
- Securities compliance
- Audit controls
Who’s Behind TokenFunder?
TokenFunder is a Toronto-based company. On October 17, TokenFunder received regulatory relief for its FNDR tokens under Canadian securities law. TokenFunder’s CEO, Alan Wunsche, said the company had been working with the Ontario Securities Commission’s Launchpad for the past year to define the business’s funding model.
Because of that news, TokenFunder became the first company to win approval for an OSC regulated ICO launch. The OSC’s regulatory relief will exempt the firm from dealer registration requirements, allowing it to carry out its ICO under unique exemptions. That relief expires after 12 months, then requires TokenFunder to pursue registration after a successful token offering takes place.
Other key members of the team include Laura Pratt, Craig Asano, Adriano Basso, and Oshoma Momoh.
TokenFunder was founded in 2016.
The TokenFunder Token Sale
TokenFunder will help companies launch their own ICOs in the future. Before it does that, however, TokenFunder wants to launch its own ICO for FNDR tokens.
TokenFunder’s ICO will be used the fund development of the platform. TokenFunder plans to create 1 billion FNDR tokens on the Ethereum blockchain, then distribute up to 200 million tokens. The goal is to raise $10 million.
Registration to invest in FNDR tokens (and the FNDR token sale itself) begins on November 1, 2017. You can view more information online today at TokenFunder.com.
TokenFunder aims to become the leading token issuance and governance platform. It will allow businesses to easily access a regulated token launch platform. Businesses can launch their ICO in a regulated environment while catering to KYC-verified investors. Investors, meanwhile, can enjoy direct investment channels while still protecting their rights.
The Toronto-based company is launching its token sale on November 1 at TokenFunder.com.