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ICO platform COMSA attracts over $95M in token sale

COMSA, a complete Initial Coin Offering (ICO) fundraising and cross-chaining platform built on the NEM blockchain protocol, has raised over $95 million in its CMS token sale, which concluded on November 06, 2017.

Fintech and cryptocurrency solutions company Tech Bureau launched COMSA in August with the objective of addressing the existing uncertainties held by the ICO drives. COMSA provides a complete blockchain and token economy platform that delivers a managed service for utility token economy design, running ICOs, token exchange listings regulated by Japan’s FSA and interoperable enablement of NEM and Ethereum public networks and private enterprise blockchain solution mijin, built by Tech Bureau based on the NEM protocol.

According to the COMSA whitepaper, the amount raised from the token sale will be used to fund the development of COMSA CORE system and expand its reach in a rapidly growing ICO market. It will also be directed towards the development of “COMSA HUB”, adding multi-language user interface and customer support to Zaif Exchange, development of crypto pegged and fiat pegged tokens, and marketing of COMSA solutions, among others.

Earlier this month, Tech Bureau has announced that VERSES, a virtual economy protocol designed to enable Virtual Reality Commerce, will be the first token sale on its COMSA Initial Coin Offerings (ICOs) platform in 2018.

Recently, Japanese Bank Shinsei Bank and Q&A social community OKWAVE made an investment totaling $767,500 in Tech Bureau. The total investment, from seed to series B, in Tech Bureau now amounts to $22.1 million.

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