Cryptocurrency payroll processor Bitwage has launched an ICO advisory firm to aid the booming ICO market.
The advisory firm, InWage, will leverage Bitwage’s blockchain expertise to build a highly secure turnkey solution for companies of all sizes to launch ICOs. It will offer a number of technical and marketing services.
According to the official announcement, InWage worked with GS Mining Company and Ethmint to launch the Moria Token. Moria is a decentralized investment platform for precious metal extraction. InWage said that it advised Moria on the ICO as well as helped with platform development, technical services, and security compliance.
“The partnership was extremely successful, as the ICO raised $50 million, roughly 40 percent more than the initial estimates and target,” it added.
In addition, Bitwage announced the launch of Ether inputs, allowing companies to fund payrolls with both Ether and Bitcoin. Employees, on the other hand, would be able to choose the percentage they want to receive in local and cryptocurrency. The product was soft launched in January and companies such as Aragon and Status have been already using it.
Bitwage further said that it is working on a number of projects including new retirement solutions for US crypto investors; new cryptocurrencies to pay out globally; and lightning fast crypto transactions; among others.
