Blockchain Founders Group joins the International Token Standardization Association
We are pleased to announce that Blockchain Founders Group (BFG) has joined the International Token Standardization Association as a member. Based in Liechtenstein, Blockchain Founders Group is a company builder and venture capital investor that advances the incubation and acceleration of business models based on blockchain technology. International Token Standardization Association is a non-profit organization that addresses both the development and implementation of market standards for cryptographic tokens. The collaborative knowledge exchange between the two entities will contribute to setting the standard in the global token market.
About the International Token Standardization Association
The International Token Standardization Association aims at setting a standard, increasing transparency, and building a database for the global token market. Through their market standards they generate the identification, classification, and analysis of distributed ledger technology and blockchain-based cryptographic tokens. Their wide network in the blockchain field is working to address the need for a standardized database as the token market continues to expand rapidly.
Membership benefits and opportunities
BFG was founded by a diverse group of experts from academic scholars, blockchain investors, and entrepreneurs. Their deep understanding of blockchain opportunities has aided in turning blockchain ideas into companies. Moreover, BFG has access to a wide deal funnel from its academic research, investor base, venture capital, and entrepreneurial network.
The International Token Standardization Association (ITSA) also has a large platform consisting of more than 100 associated founding members, and their “Tokenbase” database currently lists over 5000 tokens. Now, as a member, the network at BFG can contribute to the token analysis and discussion with their expertise in blockchain technology to help determine which standards are necessary for the future of the token market.
Also, its membership at ITSA provides BFG with the opportunity to broaden its network even further. As a result, BFG will gain deeper insight and a more precise overview of the token market, which would be important in the implementation of diverse DLT-based business ideas. This exchange of collaborative information in the ITSA will not only create higher comprehension of the industry as a whole but will also set a direction for future standards to ensure transparency and to add to the token market database.
We are a Liechtenstein-based company builder and venture capital investor. We believe that blockchain is the biggest investment opportunity over the next decades. Our DNA is composed of academic and regulatory drivers of the blockchain economy as well as ambitious entrepreneurs and venture capitalists.
As company builders, we turn blockchain ideas into companies after having vetted them thoroughly with our entrepreneurs in residence and advisors.
As venture capital investors, we finance founder teams in the pre-seed/seed stage in the traditional venture capital way coupled with our understanding and active commitment as co-founders.
Our location in Liechtenstein allows us to take advantage of the industry-leading Blockchain Act, which we believe will inspire European-wide legislation in the coming years.