Tech Bureau, a fintech and cryptocurrency solutions company, today announced a new platform that aims to address the existing uncertainties held by the Initial Coin Offering (ICO) process.
Dubbed “COMSA”, the complete ICO fundraising platform is built on the NEM protocol meant for the streamlining of cryptocurrency funding. By working as a full-fledged ICO fundraising service, it will exercise a completely streamlined process of token offering, sale and distribution, and subsequently listing on an exchange on one efficient platform.
“COMSA showcases the whole spectrum and versatility of the NEM blockchain solution and how it can help make the ICO process more transparent and streamlined,” Lon Wong (Lon) President, NEM.io Foundation, said.
By enabling trustless transactions in native currencies, COMSA will eliminate the need for 3rd party agencies such as escrow services. Any token issued on the COMSA platform will be able to integrate seamlessly to both the NEM and Ethereum public blockchains. In addition, COMSAs solution offers service design in blockchain technology, ensuring all users understand their ICO process.
“COMSA will only create decentralized projects with proper use-cases and application to the blockchain world. Existing business entities will not need an ICO to utilize this platform. They can introduce their fundraising and blockchain technology and later build a solid business model,” Takao Asayama, CEO of Tech Bureau, said. “COMSA is a one stop shop solution for token creation and exchange.”
COMSA will debut its own ICO on October 2nd, 2017. This will be followed by Premium Water Holdings and CAMPFIRE, Inc. – two more ICOs slated to launch on the COMSA platform within the coming months. Tech Bureau said that it plans to use the amount raised from the COMSA token crowdsale towards future expansion and broaden its reach in a rapidly growing ICO market.
Tech Bureau further said that it plans to accelerate the growth of its existing core businesses –cryptocurrency exchange ‘Zaif’ and private blockchain product ‘mijin’. Both Zaif and mijin will be core elements of the COMSA solution.
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