GoChain has established cooperation with a crowdfunding platform specializing in security tokens - Paperstreeet, to launch the $ GO system, offering simplified fundraising opportunities and its own list of tokens.
Collaboration with GoChain and Paperstreet
GoChain plans with support Paperstreet extend the scope of their activities by Security Token Offering. The new partner is to prepare a compatible infrastructure for projects implemented through the platform $ GO. According to the official statement, it will follow the procedures KYC and AMLand its main function will be raising capital, conducting the process of verification of investors, signing and processing of documents and depositing funds.
The decision to establish cooperation was determined by several factors. First of all, Paperstreet is one of the few platforms that provides the necessary investment infrastructure for the sector STO. For GoChain it means saving time, which the company will not have to sacrifice to create its own tools, because Paperstreet has all the necessary mechanisms. Secondly, the platform ensures compliance policy, without incurring additional costs for investors.
Another factor supporting the establishment of cooperation is a transparent pricing model that attracts investors. In the case of the STO sector, the most important is not the product itself but the entire network.
And fourthly, finally, Paperstreet will help GoChain integrate with legal regulations regarding STOthat are still not fully understood by many entities.
However, Paperstreet Board stated that GoChain is a perfect partner for the platform because it understands its vision very well. Both players have a lot of potential, which focused on the common space can bring tangible benefits for both parties, as well as for investors themselves.