Tokensoft Foundation Partners with Stacks Foundation and Bitcoin Frontier Fund to Support Bitcoin Builders
The Tokensoft Foundation has teamed up with two significant Stacks contributors, Stacks Foundation and Bitcoin Frontier Fund, only a few weeks after launching its LegalZoom for crypto companies.
Together, they are creating a version of Tokensofts distinctive product that is suited to entrepreneurs that are developing on Bitcoin. Under the terms of the partnership, N21 and the startup accelerator managed by Bitcoin Frontier Fund will include Tokensofts education and services for entrepreneurs.
By having access to Tokensofts resources, builders may expedite fundraising prospects and Token Generation Events while mitigating risk. With Stacks own Nakamoto upgrade presently rolling out to deliver fast blocks and 100% Bitcoin finality to the layer, the protocols and tools for building on top of Bitcoin continue to become better.
As the rush to develop on top of Bitcoin grows, developers will now have top-notch assistance for crucial areas of their compliance and token strategy, in addition to a technology that can sustain their expansion.
In the course of successfully launching more than 150 projects, Tokensoft built a top-tier network of dependable experts and professionals who make sure the project is configured compliantly and in accordance with the founders requirements. The skilled staff at Tokensoft oversees the whole process for the firm, freeing up the often technical founders to concentrate on other crucial facets of their business.
Mason Borda, CEO, Tokensoft stated:
After ten years, were excited to finally see some regulatory certainty when it comes to token issuers. Tokensoft Foundation helps streamline the entity setup process by connecting issuers with the network of trusted professionals and providing the structure they need to successfully and expediently launch a token.
In terms of the cooperation with the Stacks Foundation, next cohorts of the Bitcoin Frontier Fund will include Tokensoft professionals in their programming, while becoming the leading recommended source for corporate structure formation.
Additionally, when founders start to establish their firms, The Stacks Foundation and Tokensoft will provide a series of free seminars for them to familiarize themselves with the team and some of the fundamental ideas of the process.
The announcement is made as a part of the Stacks Foundations 21 Days of Nakamoto campaign, which is commemorating the layers most significant upgrade to date with events, prizes, and daily announcements.
Time is crucial in startups, but with cryptocurrency particularly. The veteran staff at Tokensoft will help founders, saving them money, time, and the comfort of knowing that their business is set up and compliant. Being able to provide founders who just want to do things correctly with a resource like this is a huge victory for all Bitcoin builders, since compliance is a vital benefit to Stacks as an ecosystem.
Tokensoft have assisted more than 100 companies in raising over $1 billion and organizing large-scale token events. Avalanche, The Graph, Arbitrum, Tezos, Connext Network, Moonbeam, Acala, and Synthetix are among of the projects the firm has assisted.
Resources:
Stacks Guidance/Background:
- https://stx.is/narrative
- https://stx.is/nakamogo-guide (technical guide to Nakamoto)
- Nakamoto launch strategy and events: https://stacks.org/bitcoin-halving-here-we-come
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
