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Alternative Market Briefing

Blockchain incubator partners with TaaS Fund to reduce risk, barriers in crypto investing

Thursday, October 05, 2017

Komfie Manalo, Opalesque Asia:

After successfully launching an ICO (initial coin offering), Science Blockchain, an incubator focused on sponsoring and growing leading companies in the blockchain space, is partnering with Token-as-a-Service (TaaS) to reduce the risks and technical barriers of investing in the blockchain space. TaaS Fund is the first-ever tokenized, closed-end fund dedicated to crypto-assets.

"When we met the TaaS team in their hometown of Kyiv at the d10e Conference, we knew a partnership might work beautifully for us both," said Science Blockchain founder Greg Gilman. "Both Science and Taas are founding members of the Blockchain Investors Consortium (BIC) and share the view that blockchain technology can and should grow into a mainstream platform for a wide variety of business applications. For that to happen, however, funds like ours, as well as our investor bases, need to lower the barriers to greater sophistication, better tools and more mature approaches to how we identify, support and scale portfolio companies."

Science's track record and expertise in early stage incubation complements TaaS' ICO and post-ICO crypto-asset fund as well as its technical tools. By working with TaaS, Science and its investors potentially will benefit from greater visibility, investment and liquidity from incubated projects, given TaaS' platform features that simplify and secure token investment - for example making it easier for inv......................

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