Categories: Bitcoin

Blockstream’s CSO Samson Mow to launch a security token on Bitcoin blockchain

Blockstream’s Charismatic CSO and the host of Magical Crypto Friends, Samson Mow, is doing something which anyone in the cryptocurrency space would expect the last thing Samson Mow to do. He is launching his own token.

Apart from being Chief Strategy officer (CSO) at Blockcstream, Samson Mow also serves as the Founder and CEO of blockchain gaming platform, Pixelmatic. Samson Mow’s company, Pixelmatic, is launching a security token on Bitcoin sidechain via Blockstream’s Liquid.

Samson Mow is best known for being critical about projects such as Bitcoin Cash, Ethereum and Token Sales. Part of his criticism towards ICOs is due to the fact that most of them have been scams rather than provide any real value to investors. To defend Pixelmatic’s token sale, Samson Mow said,

“That’s why we’re doing a security token, not a token with no obligation,” Mow said.

Mow also added that they’re trying to pioneer a new token model called the “dual-token model,” which uses two tokens for two different purposes.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

2 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

3 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

4 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

4 months ago