Deal Box, Inc., a financial technology-focused capital advisory firm, announced that it has been engaged by Token Name Service, Inc. for advisory services relating to its planned Security Token Offering. The offering (“Offering”) of up to $10,000,000 in TNS security tokens will be made solely to accredited investors under Rule 506(c) of Regulation D promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended (“Securities Act”).
Token Name Service Inc. was formed to provide a name service alternative to the status quo, providing end users with easy-to-use human readable names, creating a crypto standard.
The Company’s name service is offered under the brand, MyCryptoName™.
MyCryptoName was created from a deep need within the cryptocurrency community.
Frank Corsi, CEO Founder and early DNS pioneer:
“During a monthly CEO Round Table meeting the subject came up about how difficult it is when sending or receiving cryptocurrency, to remember the cryptocurrency public keys. Our team sprung into action researching the many ways to solve this problem. After 8 months of research, we developed our business plan and began this service.”
As of November 2018, close to 29 million blockchain wallets were in use worldwide.