Sun, Sep 28, 2025
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Token Sale Incubator acquires Coinweb Multichain Crypto Platform

Friday, June 01, 2018
Opalesque Industry Update - Coinweb, a crypto platform created by JP Janssen, has been acquired by London based Token Sale Incubator Startup, founded by Toby Gilbert.

Created in 2017, Coinweb is designed to make cryptocurrencies more user-friendly. Commenting on the platform, JP Janssen said: "Even before I began drafting the White Paper last summer the idea was to make 'Crypto as Easy as Email'. A major key to mass adoption is replacing those confusing Bitcoin and Ethereum hash addresses with something much more similar to email. A new concept I named 'piggyback' makes this possible."

Having identified the potential in taking Coinweb further, the acquisition will see new CEO Toby Gilbert assume the role of attracting token sale projects to the platform and build a critical mass of users.

JP Janssen added: "While I created the Coinweb concept and code, and served as CEO until the acquisition, I consider my job complete. I no longer take part in the Coinweb project. I feel confident that Toby has the skills, team, and network to accomplish the next stage for making Coinweb a further success."

Toby Gilbert, commented: "The opportunity to take Coinweb to the next level is of huge excitement to us. We have great plans in the pipeline to make a success of JP's legacy which will be supported by Knut Arne Vinger who remains in place as Co-Founder and CTO".

Coinweb was originally based off of the Counterparty project where JP Janssen has been involved since 2014. There he developed the prize-winning CounterTools JavaScript wallet and served a term as Community Director. The current version of Coinweb differs significantly to Counterparty, with improvements to the economic incentives, support for multiple altcoin address formats, its own cName concept, and many more possible upgrades described in the whitepaper.

Learn more about Coinweb and Toby Gilbert in this Opalesque.TV BACKSTAGE video:

Article source - Opalesque is not responsible for the content of external internet sites

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Global fintech investment slumps to seven-year low of $95.6bn[more]

    Laxman Pai, Opalesque Asia: Global fintech investment plummeted to $95.6 billion across 4,639 deals in 2024, marking its lowest level since 2017, as investors grappled with persistent macroeconomic challenges and geopolitical tensions, revealed a study. According to the Pulse of Fintech H2'

  2. Opalesque Exclusive: Private capital deal value climbed 19% in 2024[more]

    Bailey McCann, Opalesque New York: Private capital deal value climbed 19% in 2024, according to the latest data from the Global Private Capital Association. Growth was driven by big-ticket investments across Southeast Asia, Latin America and Central & Eastern Europe (CEE). Investor confidence

  3. Opalesque Roundup: Citco: 77% of hedge funds achieved positive returns in January 2025: hedge fund news[more]

    In the week ending February 21st, 2025, a report revealed that hedge funds enjoyed one of their best opening months this decade in January, as Equity and Multi-Strategy funds posted strong returns. Funds administered by the Citco group of companies (Citco) delivered a weighted average return of 4%,

  4. Opalesque exclusive: Permuto's new equity unbundling product to change investment model[more]

    Opalesque Geneva for New Managers: Here is a different way of owning stocks coming to you soon: the option of holding just the dividend portion of a stock, independent of its price movements. Or capturing the stock&

  5. Opalesque Exclusive: Hedge funds outperform mutual funds in managing extreme risk contagion - key insights for investors[more]

    Matthias Knab, Opalesque for New Managers: Hedge funds and mutual funds are among the most prominent vehicles for investors seeking growth and diversification. However, a critical question persists: which fund ty