There has been a rise in opportunity within the information technology sector, as the blockchain industry fueled further innovations and expanded investment opportunities for institutional and private investors. In 2018, we saw many companies take advantage of this trend through the ICO boom, with any company using “blockchain” in their platform garnering a lot of attention. However, the ICO space is no longer supported by its initial rush, and changes have had to happen as a result of a market that was saturated by unregulated and often untrustworthy projects. Interest has begun to flow towards projects that are more regulated, where investors can be ensured that they are putting their money into legitimate companies.
is a relatively new startup that seeks to bring regulation into the ICO market to encourage a healthier environment for investing in blockchain-based projects. It is based in Melbourne, Australia and trades under TAGS GROUP PTY LTD. It will be launching a regulated initial coin offering
(R-ICO), and it is fully AML/CTF compliant and Austrac regulated to operate a Dual Gateway Exchange (DGE) for cryptocurrency trading.
TAGZ’s Dual Gateway Exchange
give users the ability to trade in the cryptocurrency market
and derivative futures on the same platform. This will be the first regulated exchange of its kind in Australia. It will also feature TAGZ Token
as its native utility token, which can be traded against derivative pairings and be used to pay for exchange fees. TAGZ Tokens will be issued to users during their R-ICO.
TAGZ recently welcomed David Hershfield, Ex Sr. Director of Paypal to their advisory board. With experience at top Fortune 500 companies like PayPal, Adobe and eBay, he comes with over 20 years of experience in building global technology businesses. He also has a Bachelor’s degree from Berkeley and an MBA.
Mr. Herschfield comments on joining TAGZ:
“I see big upside potential in TAGZ Token and want to be part of industry changing ideas. There’s definitely a need to clean up Crypto by doing away with unregulated exchanges so we need to make the move toward embracing regulation. What better way to do this than offering Futures at the same time on one regulated Cryptocurrency Exchange.”
With the addition of Mr. Hershfield to an already diverse and experienced team at TAGZ, this could be signs of the great successes to come for this company.
Tagz Group Pty Ltd
Contact Person: Krystelle Galano
Email: Send Email
Phone: 1300 91 21 68