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Token Report to offer membership access to verified ICO database

Token Report, a provider of database of verified information on ICOs, has announced a membership program that will allow financial research to scale without diluting investor edge.

According to the official release, ‘Token Clarity’ will offer actionable ICO updates and research on a membership model that is capable of providing investor insights for newcomers, high-volume traders, and institutions alike. Token Clarity is currently available in private alpha.

“The problem with the Wall Street model for financial research is that the more people see the research, the less valuable it is,” said Galen Moore, founder and CEO of Token Report. “We’ve developed a token mechanics that defends investor edge for cryptocurrency’s high-growth mix of newcomers, early adopters and institutions.”

While the cryptocurrency market has been growing by leaps and bounds, investors lack a reliable source of facts that drive the value of new and existing cryptocurrency assets. Token Report said that the existing ICO listing sites are largely pay-to-play and therefore not objective. In contrast, its business model is based on subscription fees from the individual investors, family offices, and cryptocurrency exchanges that are among the users in its private alpha.

“The biggest problem for anybody trying to do this right now is that there are no standards for how information about tokenizations is presented,” said Peter Vessenes, managing director of New Alchemy, a blockchain and ICO advisory firm, and lead investor in Token Report. “I foresee hundreds of thousands of tokens in the future. One of the most valuable things we can have in a fast-growth industry is a safe, transparent source of knowledge.”

Token Report explained that its token mechanism includes a tiered membership model for individuals that limits accessibility without charging exorbitant monthly fees. Institutions pay in Token Report’s cryptocurrency for access to the database via application programming interface (API). This allows Token Report’s dollar-denominated revenue to grow with demand, without diluting the value of its research by over-scaling its user base.

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