LATTICE80 launches KAYA token on NEM
• To use NEM platform for issue of utility tokens to use LATTICE80 services and partners' services
• Light Paper will be published today to kickstart private sales of ICO
LATTICE80, the world's largest global Fintech Hub is launching KAYA token on NEM.
KAYA Network is LATTICE80's vision to connect Fintech and Blockchain organisations, Financial Institutions, Corporates, Governments and the Public in 200 cities globally.
The network currently has over 11,000 companies in its database, and launching the KAYA token for offering its services to members. Startup members and other partners will also be able to offer their own services to other members of the network.
KAYA token is a pure utility token to offer LATTICE80 and partners' services to their customers.
LATTICE80 chose the NEM platform to issue the first set of tokens and build services on it.
Joe Seunghyun Cho, Co-founder and CEO of LATTICE80, on this announcement:
"KAYA network will be a digital platform that provides financial services together with various stakeholders in fintech and blockchain. LATTICE80 will continue to expand its network to co-create the next generation of Financial Services with partners within the KAYA Network.
We are happy to choose NEM to issue the first tokens and build services on it. NEM's platform offers a reliable and scalable system to build institutional level services. NEM foundation's vision to build blockchain innovation for the people is aligned with LATTICE80's. I believe NEM Foundation's effort to support the Fintech and Blockchain communities will also benefit the LATTICE80 community."
LATTICE80 has earlier announced the opening of its Crypto Hub in Singapore. The private sales (http://token.lattice80.com) of the KAYA Token as first round of the ICO begin today.
Contact: Satyarth Mishra, LATTICE80, London – email@example.com
LATTICE80 is a Global Fintech Hub building an ecosystem for fintech startups, corporates, financial institutions, governments, and the public to collaborate, learn, and co-create. LATTICE80 opened the World's largest Fintech hub in Singapore in Nov 2016 and is in the process of opening several branches in Europe and Asia in 2018. The project is backed by Marvelstone Group.
About Joe Seunghyun Cho:
Joe Seunghyun Cho is the Founding CEO at LATTICE80 & Co-founder and Chairman of Marvelstone Group. Marvelstone Group is a private investment group that develops and invests in growing businesses. With finance as its core strength, it also makes diversified investments in technology, real estate, infrastructure, energy and media. Headquartered in Singapore, the Marvelstone Group believes in the growth of Asia and seeks to be a cornerstone investor to bring forth positive development and social impact to local communities.
Mr Cho also sits on the committee for Singapore FinTech Association, a cross-industry non-profit platform to facilitate and support collaboration between all FinTech ecosystem participants and stakeholders. The Association plans to become an effective platform for members to engage with multiple stakeholders to find solutions to issues.
In his long investment career, Mr Cho has held various leadership positions from CEO of Yozma Ventures (including Managing Partner / Head of Private Equity of Yozma Group Asia) based out of Korea, to co-founding a hedge fund and asset management company.
Page Updated Last on: May 07, 2018