Tech Bureau Starts Cryptocurrency Fundraising Platform

Announcements, FinTech, ICO News, Innovation | August 3, 2017 By:

Japanese FinTech firm Tech Bureau has launched COMSA, a new platform that aims to address the current uncertainties held by the initial coin offering (ICO) process.

The platform is built on the NEM protocol and is meant for the streamlining of cryptocurrency funding. By working as a full-fledged ICO fundraising service, it will exercise a completely streamlined process of token offering, sale and distribution, and subsequent listing on an exchange on one efficient platform.

The platform will enable trustless transactions in native currencies to eliminate the need for third-party agencies such as escrow services. According to Tech Bureau, any token issued on the platform will be able to integrate seamlessly to both the NEM and Ethereum public blockchains. COMSA’s solution also offers service design in blockchain technology, ensuring all users understand their ICO process. Foundation president Lon Wong said 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.

Tech Bureau CEO Takao Asayama stated that COMSA will only create decentralized projects with proper use-cases and application to the blockchain world. Existing business entities will not need an ICO to utilize this platform. He added that they can introduce their fundraising and blockchain technology and later build a solid business model.

“COMSA is a one-stop-shop solution for token creation and exchange,” said Asayama.

Tech Bureau said it will launch a token sale on October 2. Funds raised from the token sale will be used to develop the COMSA CORE system and to expand its reach in a rapidly growing ICO market.

Tech Bureau also plans to accelerate the growth of its existing core businesses; its own cryptocurrency exchange, Zaif; and their private blockchain product, mijin. Both Zaif and mijin will be core elements of the COMSA solution.