“We err on the side of doing things the right way,” says TokenSoft CEO Mason Borda of his firm’s services. TokenSoft operates as a white-label platform for operating token sales, but with a focus on fund security and adherence to regulations, in an effort to make the technique more attractive to all investors.
Subscribe to the Bitsonline YouTube channel for more great interviews featuring industry insiders & experts
Mason Borda: ICOs Will Become More Accessible to All
Last summer we saw startups trying to create utility tokens to avoid regulatory attention, but this year we’re seeing more firms interested in tokens that comply with Regulation D (Reg D) and Regulation S (Reg S) — laws aimed at making life easier for smaller companies trying to raise capital from the masses.
Borda told Automata that, despite the industry “maturing” and becoming more compliance-friendly, ICO-focused paradigm shift in the investment world is still moving towards accessibility to all investors. Some have suggested more compliance will end up shutting out amateurs and small investors, turning ICOs into something resembling initial public offerings (IPOs) of shares — and defeating the purpose of using blockchain tokens. That’s not the case though, Borda said.
How? Listen to the whole episode to find out more. Also hear why more tech firms are asking about Stellar, and what sort of clients Borda and TokenSoft would actually turn away.
About the Automata Podcast
“The future is automated.” Automata is a series of brief audio introductions to the projects that will drive the automated economies of the future. Pactum Capital‘s Daniel Cawrey and Bitsonline senior editor Jon Southurst chat with leaders in blockchain, cryptocurrencies, freer markets (and the occasional regulator) to find out where all this is going.
You can find older Automata episodes on Soundcloud, and subscribe to the channel for more.
If you have any requests for future episodes, we’d love to hear them. Post your feedback in the comments below.
Images via Daniel Cawrey, Jon Southurst, Pexels