Blockchain Foundation helps Blocksafe conduct ICO

Baozou Comment : Blocksafe is a blockchain project dedicated to enhancing the safety of gun use, and it has received a lot of support since the beginning of the project. On the 25th of this month, Blocksafe started crowdfunding for the new token TRIG, which is technically supported by Lisk, sold exclusively by Bittrex, and led by the Blockchain Foundation. Since then, it has embarked on the road to realizing the company's vision.

Translation: Annie_Xu

Blocksafe, a blockchain-based smart gun management system, has begun crowdfunding new tokens and expanding its main blockchain with the help of Lisk; finally starting to realize the company’s vision.

Blocksafe Partners with LISK to Announce Initial Coin Offering (ICO)

Blocksafe began issuing a new token called “Trigger” (TRIG) as the main token of the chain; thus, it is possible to bypass third parties and verify the ownership of hardware and information transmission in the network.

The Blockchain Foundation is responsible for leading the token issuance, and Bittrex exchange provides support and exclusive sales. The crowdsale will last for 28 days, starting on August 25.

In addition, Lisk will use the platform's sidechain technology to enter Blocksafe's main blockchain, and use the masternode system of the sidechain technology's unique decentralized application to manage the entrance to the main chain.

Kevin Barnes, CEO of Blocksafe, explained how the integration with the LISK blockchain platform works:

“Mobile phones connected to the network play a major role as the app sets up wallets (including LISK) as the deciding factor in the voting process. Some smart devices that rely on third parties may be compatible, so devices and mobile phones are the main drivers of the machine-to-machine economic model.”

Barnes said that Blocksafe received a good response when it first appeared in the public eye, and gun owners and cryptocurrency supporters gave great support to the idea. Although it is sometimes difficult for non-cryptocurrency users to understand the concept, once they understand it, they will love it.