Press releases

Ties.Network Announces Token Generation Event (TGE)

Bitcoinist | Aug 28, 2017 | 11:29

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Blockchain-based business platform, designed for crypto-community, provides a secure place for business and financial transactions with the world’s first public and decentralized NoSQL database

[City, State, August 18, 2017] – Ties.Network is a secure business platform designed for crypto-community to safely conduct business and financial transactions, including striking deals, locating and hiring experts, and promoting projects. Ties.Network has announced the first round of Token Generation Event (TGE), commencing September 21, 2017, to October 12, 2017. The total emission will be 200 million TIE tokens with free-float TGE supply of 140 million TIE tokens. The TGE cap will be US $33,600,000. Accepted currencies are Bitcoin (BTC) and Ethereum (ETH).

[Note: This is a press release]

Ties.Network provides a solution to today’s inefficient, high cost, and insecure business transactions. The platform is based on trust and innovation, which is supported by the Ethereum blockchain technology, “genuine” review and rating system, and the world’s first secure, public, and decentralized NoSQL database Ties.DB.

Imagine you, as a user, have an idea to start a blockchain project, but you cannot code and don’t know anything about country-by-country laws and regulations around crypto. Other users on Ties.Network would be able to help. If you need to find country-specific investors for a blockchain project, but couldn’t find them on LinkedIn, this platform is ready to help. Moreover, with so many ICOs and TGEs around the world, how would you know for sure which ones are legitimate and which ones are scams?

At Ties.Network, users would be able to find blockchain experts, developers, and enthusiasts who are ready to accept cryptocurrencies. It also allows them to make well-informed evaluations based on the viability and trustworthiness of professional network since all transactions are recorded in the blockchain.

Ties.Network’s “genuine” rating system is based on actual parties involved in a transaction, as only those who have conducted business with each other can leave reviews and ratings. The platform doesn’t charge users any commission, as its revenues originate from advertising, escrow fees and from fees for storing and retrieving contents.

As more Ethereum-based applications and blockchain projects are emerging on the market, highly-adaptable and well-structured data storage solutions must be made available to the public. Ties.DB is significant to Ties.Network as the former provides a solid structure for the platform to grow exponentially without having to worry about limited storage and retrieving issues. The public, decentralized NoSQL database – Ties.DB – allows unlimited data storage, advanced search, and content modification by securing interactions between the nodes. The use of smart contracts in executing payments and transactions exemplifies this feature.
Another advantage for using Ties.Network platform is knowing that human assistance is available when needed. Professionally-trained community moderators, who are paid with the revenues generated by the platform, are key individuals with multi-level authorities to mediate disputes, ban users with malicious intent, remove illegal projects, delete suspicious transactions, investigate suspicious nodes and users, arbitrate disputes, and further develop the software.

Ties.Network CEO Alexander Neymark said, “Ties.Network’s most distinguished trait is trustworthiness, which is delivered with transparency, security, and professional conflict resolution. Based on these values, the platform operates with self-organization and motivation, which includes the application of “genuine” rating system, transparent fees structure, and employment of trained community moderators.”

More information, white paper, and business overview are available at Ties.Network.

Website: Ties.Network
Blog: blog.ties.network
Email: [email protected]

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Founders and advisors of Ties.Network are available for interview.

Founders

Alexander Neymark (Co-founder and CEO)
Alexander Neymark has significant experiences in launching and developing innovative financial services, such as banks and telecommunications companies.

Dmitry Kochin (Co-founder and CTO)
Dmitry Kochin is a PhD in Technical Sciences degree holder with strong experiences in IT. He has been a serial entrepreneur in the IT sector since 2005 and has been involved in a variety of software projects dealing with payment processing, account aggregation, computer telephony, and financial services within online games.

Advisors

Professor Wulf Kaal, PhD (http://wulfkaal.com)
A leading expert at the intersection of law, business, and technology with research focuses on innovative technologies, blockchain technology applications, smart contracts, initial coin offerings, hedge funds, and dynamic regulatory methods. He teaches at University of St. Thomas School of Law in Minneapolis and serves as the director of the Private Investment Fund Institute (PIFI). At Ties.Network, he advises the PR and social outreach.

Aaron Schwartz (https://www.linkedin.com/in/aaronnschwartz/)
An expert in global blockchain education. He is the Director of Global Engagement at Blockchain Education Network and currently active advising several blockchain-based startups. At Ties.Network, he advises the education and science departments with his programming and training expertise.

Dr. Marcel Schlatter (https://www.linkedin.com/in/marcelschlatter/)
An expert in the IT industry since 1969 with an impressive background as a thought leader and a trusted technical advisor who can bridge between business and technology issues. Over more than three decades, he has performed as Systems Engineer in the Information Technology and Information Processing Industry, IT Architect, and IBM Distinguished Engineer and Technical Executive. At Ties.Network, he serves as the technical advisor.