The world is looking at regulating ICOs and setting up STO frameworks. It's taking time to see results, and as such, the ICO market somewhat stalled since 2018.
LuxTag partnered with the Malaysian crowdfunding operator pitchIN and uses existing legal frameworks plus a little extra approval of the Malaysian Securities Commission ("SC") to accept crypto tokens into the fundraising campaign from investors anywhere in the world - and assign them real company equity.
And you know what's the coolest? The SC allowed specifically two tokens. Bitcoin and XEM to be contributed towards the LuxTag/pitchIN 2019 campaign.
About NEM Foundation
The NEM Foundation is registered in Singapore and is operating globally. It was launched to promote NEM’s blockchain technology worldwide, an out-of-the-box enterprise-grade blockchain platform which launched in March 2015. NEM has industry leading blockchain features that include: multisignature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.
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