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.
Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…
As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…
Did you know that 85% of DeFi value is concentrated in six blockchains? DeFi is…
CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…
Join us at BFC 2024 to explore the future of Web3. Use a special discount…
Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…