This article was first published on Kyber Network - Medium
Daonomic is a project that specializes in launching different types of token sales, managing token issuance, and migrating real-life assets to the blockchain. We are happy to announce their integration with Kyber Network to provide users the option to participate in these token sales using a wide range of tokens. This integration demonstrates our liquidity protocol’s natural fit into such token sale platforms to benefit both the projects and the users.
At Kyber, we are focused on allowing any token to be used anywhere. Our liquidity protocol serves a very wide range of platforms and applications, from wallets, financials DApps, to games and other unique applications. Over the last two years we’ve also seen an explosion of token issuance events with hundreds of teams creating and issuing tokens.
Token sales play an important role in the crypto space and Daonomic will be the first of a new class of integrations with Kyber that will help make the token sale experience more seamless. We believe that this has the potential to facilitate token sales in a way that creates a fair, transparent and widely-distributed token economy. Within this context, we have decided to discontinue KyberGO, and we will explain this in detail further below.
What is Daonomic?
Daonomic is an automated solution to launch and manage utility and security token sales (STO). Unlike typical providers, Daonomic offers a self-service tokenization toolkit that allows token teams to create a token and start a token sale, without requiring any coding, technical expertise, or blockchain experience. Their simple web interface template provides easy navigation and offers standard pre-engineered models with automatically generated smart contracts. There is also a built-in KYC engine that supports both open-source self-hosted and 3rd party-integrated verification services. Other key features provided by Daonomic include broker dealer services and real-time token emission after payment.
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Kyber Network - Medium