Tokensoft Foundation and Stacks Foundation have announced a partnership to support Bitcoin-based startups.
Partnership Goals
The partnership between Tokensoft Foundation and two key Stacks contributors, Stacks Foundation and Bitcoin Frontier Fund, aims to create a tailored service for Bitcoin-based startup founders. Tokensoft will embed its education and service programs into initiatives like N21 and the Bitcoin Frontier Fund accelerator.
Startup Support
Access to Tokensoft's resources will help startup founders reduce risks and accelerate fundraising and Token Generation Events. Improvements in protocols and tools for building on Bitcoin continue to evolve, enabling robust projects. The Stacks Nakamoto upgrade brings fast blocks and 100% Bitcoin finality, further benefiting startup growth.
Management's Reaction
Tokensoft CEO Mason Borda stated that after a decade of regulatory uncertainty, there is finally some clarity for token issuers. He noted that Tokensoft Foundation helps streamline the entity setup process by connecting them with a network of trusted professionals.
Tokensoft Foundation's partnership with Stacks Foundation and Bitcoin Frontier Fund promises significant advancements for Bitcoin-based startups, providing them with necessary resources to succeed and comply with regulatory requirements.
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