After successfully launching the first venture fund to raise capital with a token, Blockchain Capital has announced it will participate in the Tierion Network Token sale, taking place on July 27th.
“We are thrilled to support Tierion in the launch of the Tierion Network Token. Tierion continues to be one of the most impressive companies in the Blockchain Capital portfolio. The team has proven themselves by building a successful SaaS product and is demonstrating real business model innovation by introducing a token and launching a distributed network. This is exactly the type of innovation we want to see more of in the Blockchain space,” said Brad Stephens, Managing Partner at Blockchain Capital.
Blockchain Capital has invested in over fifty startups in the Blockchain industry and has recently participated in several of the industry’s best Pre-ICO and ICO offerings.
“Many teams today in the Blockchain space are raising millions with a white paper and a promise. Those days are coming to an end. We love that Tierion is leveraging their experience from serving real customers to build the Tierion Network. This is the type of hard work and market validation we want to see before launching a token,” said Stephens.
“Blockchain capital showed real leadership by being the first venture fund to launch a token. We’re thrilled to be working alongside them to pioneer this new industry. Their team has been incredibly helpful and supportive to Tierion since investing in our seed round. These are the guys you want to have backing your team,” said Wayne Vaughan, CEO of Tierion.