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

Validium Network: A Deep Dive into Modular Blockchain Architecture

Traditional blockchains – the digital ledgers underpinning cryptocurrencies and decentralized applications (dApps) – have a…

2 days ago

Get Ready: InvestFi’s $INVF Token Set to Shine on MATICPAD After Explosive IDO Season!

InvestFi's native token $INVF is poised to make its debut on the Matic Launchpad following…

6 days ago

Circle of Games – The multi-gaming platform raised funding from Nazara

Circle of Games (COG)—Web3's multi-gaming platform has raised a $1mn round from Nazara, with participation…

3 weeks ago

Unconference Bali 2024: Pioneering the Future of Web3 in Paradise

Unconference Bali 2024, Asia’s premier Web3 event, is poised to take center stage against the…

4 weeks ago

Tradeleaf Ignites Trade Finance Revolution with $TLF Listing on MEXC

Tradeleaf, a leading FinTech company empowering global trade through digital solutions, recently celebrated a significant…

4 weeks ago

Foundership Global Accelerator Teams Up with XDC Network to Propel Web3 Startup Innovation

Foundership Global Accelerator, a prominent force in the Web3 & Emerging-Tech Community boasting over 10,000…

1 month ago