First off... who or what is Expanse?
Expanse.Tech™ was created as the first stable fork of Ethereum by one of the earliest blockchain developers and cryptocurrency entrepreneurs out there, Christopher Franko. Co-founder James Clayton is also the founder of the Cryptocurrency Collectors Club, (CCC), which is the largest and most popular Cryptocurrency group on Facebook. Dan Conway, another blockchain expert with extensive experience.
Expanse was built as a community-based project without an ICO, (Initial Coin Offering), and is blockchain agnostic. The idea is to use cutting-edge blockchain technology to build anything the community and team can imagine—using a Decentralized Autonomous Organization, (DAO), with a self-funded design to keep it truly decentralized.
Tokenlab
http://blog.expanse.tech/post/162475644083/expanse-newsletter-vo-2-no13-712017
I took out what I thought was some of the best things about this project and posted them below.
"Tokenlab will manage the creation of the ICO contract and the subsequent issuing of the Token at the end of the ICO. Tokenlab will allow ICO issuers and investors to manage their ICO in a single place. With Gander Explorer integration, all of this will be easily tracked on the Blockchain, making the entire process seamless and easy to manage"
REASONS TO TRUST TOKENLAB
- Supported by the Expanse.Tech community
- Well known developers with strong following
- Insulates users from bugs
- Insulates from scam tokens
- Tokenlab has legal counsel and abides by all laws and regulations
- Token creators and buyers are protected with time released funds
"There will be time-locked smart contracts for this system. This is not only to protect those running ICOs by securing funds in safe contracts, it also protects buyers from having those running ICOs just dump them on the market. This means funds will be issued over time, and everyone is protected."
"The Tokenlab team (or an independent organization) will review any ICOs on Tokenlab, in depth, and share their objective and fair opinions so that buyers will not be going into sales without having them reviewed in advance. It is not just about making money, it is about supporting real projects that have long term potential."
In conclusion I think this project is close as you can get to self regulation without the need of any governmental regulation heavy handedness. They are attempting to protect the end users and the orgs using the ICO platform. My favorite part is that If I buy the Tokenlab tokens I get a percentage of all future ICO sales !! moar!!
post#1 from ZeroBeard
Excellent
I'm in with 6000LAB tokens.
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