Japan’s financial technical and cryptocurrency company Tech Bureau plans to launch COMSA, Initial Coin Offering (ICO) fundraising platform. It will be built on the NEM protocol, aimed to streamline the cryptocurrency funding.
According to developers, the new solution will provide a completely streamlined process of token offering and subsequent listing on an exchange.
“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, president of the NEM.io Foundation, said.
COMSA will enable trustless transactions in the platform currencies to eliminate the need for third party agencies. Meanwhile, any token issued on the COMSA platform will be able to integrate to both the NEM and Ethereum public blockchains. The main advantage of the new platform is a service design in blockchain technology.
The launch of COMSA is scheduled for October 2, 2017. Funds raised from the ICO will go towards the company’s future expansion. Particularly, Tech Bureau plans to boost the growth of its own cryptocurrency exchange Zaif and its private blockchain product Mijin, which will be the core elements of the COMSA platform.