Now there is an All-Purpose Solution for Fund Managers and Investors, Meet Tokenbox
BARCELONA, Addressing a major industry conference today in Barcelona, Viktor Shpakovsky, co-founder of The Token Fund, a crypto asset investment vehicle, outlined the benefits he along with his colleagues are planning to bring to their new fund creation and management platform Tokenbox.
Announced last week, the Tokenbox’s Initial Coin Offering (ICO) starts Oct. 24, but until now only few details of the venture have been released. Speaking at the three-day Blockchain Solutions Forum, Shpakovsky said Tokenbox is designed to serve the needs of fund managers and traders, on the one hand, and investors on the other.
What problems do funds and traders have? No tokenization. No smart contracts. Legal issues. Not much professional software. Little or no money under management. What problems do investors have? Shady funds and traders. Hidden portfolios. Lack of choice. Security issues. No fiat gateway. Tokenbox is an ecosystem aiming to solve all these issues at one place.