Tokensoft had been the leading launchpad platform for promising cryptocurrency projects until 2021. Since its establishment in 2017, the platform has conducted 28 token sales, raising $579.76 million with a decent all-time high average ROI of 11.55x. Notably, Tokensoft ICO has 4 unicorns in its track record: Hedera, The Graph, Synthetix, and Tezos. However, during the last 3 years, Tokensoft hasn’t launched any big projects. Despite this, the crypto crowd is still waiting for Tokensoft to come back 😅
Tokensoft Overview
Tokensoft - About
Tokensoft Launchpad is a comprehensive ICO platform that supports up-and-coming crypto startups with fundraising, distributions, token launches, and compliance. Tokensoft Inc. has collaborated with the most prominent players in the blockchain industry like Polygon, Avalanche, Optimism, and Arbitrum.
The company launched the Tokensoft Foundation, which provides services for crypto projects in:
- Incorporating issuing entities;
- Setting branding;
- Uploading executable documents;
- Handling token launches and distributions;
- Offering support for ambassador programs.
Tokensoft is planning to launch a Tokensoft v2 platform, which will be available on six blockchains: Ethereum, Celo, Arbitrum, Optimism, Polygon, and Avalanche. Tokensoft is considering moving to an on-chain token launchpad to offer more flexibility and options for token issuers in the crypto space.
Tokensoft has launched a podcast, The Fren Zone, with the company’s CEO Mason Borda as a host. It features interviews with experts in the cryptocurrency space on a weekly basis and the podcast can be interesting for crypto enthusiasts seeking to learn about blockchain insights and Web3 development.
However, the company’s Telegram channel has gone quiet, leaving the community only Twitter account to get launchpad’s updates. Is this simply downsizing, or could it be a bad sign? The question remains open.
Recently, a technical issue with Magic Square ($MSQ) token sale on Tokensoft occurred, which forced Magic Square to move the token sale event to another platform.
