• NOW

PR: Blockchain Intermediators Lamden Announce December Tau Token Crowdsale

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Switzerland: Cross-chain visionaries Lamden today announced that their Tau token sale will begin mid-December with a goal of raising a total of US$10 million. The Tau token can intertwine multiple blockchains and cryptocurrencies and is future proofed for potential innovations in blockchain protocols.

The team behind Lamden wants to solve the problem of the slow pace and cost of private blockchain creation for companies wanting to exchange information and value with their suppliers and partners who are on their own custom blockchains.

Along with the Tau interoperability token, they have developed a range of tools that anyone with a knowledge of programming can deploy to easily create private blockchains in days or weeks rather than months or years.

Founder and CEO Stuart Farmer said, “Modern technology companies often offer their services for free and host the systems themselves. Why is a blockchain any different? It’s because of the proof of work system that blows the processing power required through the roof, and is thus more expensive to run. By getting rid of the pointless hashing, we save costs to operate the network. A cheaper network means cheaper transactions.”

Swiss-based Lamden plans to use a portion of the capital raised during the December crowdsale to start an innovation fund for Enterprise Case Studies with pioneering Fortune 500 partners to help accelerate the deployment of blockchain technologies in large commercial organizations around the world.

Lamden’s own executive team and advisors come from a diverse set of backgrounds ranging from Fortune 500 companies to tech startups including Visa, Volkswagen, AT&T, Apple, and eBay.

The Tau token crowdsale will be announced 24 hours in advance on Lamden’s Twitter @lamdenio.

About Lamden
Founded in August 2017, Lamden is a software package of development tools that includes a blockchain generator, community collaboration tools, and independent chain-to-chain communication to create vast networks of blockchain applications that can transfer any asset across them.

Contact Email Address
Supporting Link

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Tags in this story
Apple, AT&T, chain-to-chain communication, cheaper transaction, development tools, eBa, ICO, Lamden, Software Package, Stuart Farmer, Switzerland, Tau, VISA, Volkswagen
PR: CoinDeal – Premier League Sponsor Ready for New Challenges in US Market

Last season in the Premier League brought a huge success for the both teams – Wolves and CoinDeal. The crypto… read more.

PR: PBET Merges Online and Physical Gambling Worlds

It’s estimated that 72 % of real-world casino gamblers play online too and statistically, those that play both tend to… read more.

Bitcoin.com PR

Bitcoin.com is your premier source for everything Bitcoin-related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news, or engage with the community on our Bitcoin Forum. Please keep in mind that this is a commercial website that lists wallets, exchanges and other Bitcoin-related companies.