ICO Governance Foundation Creates First ICO Registry
The registry includes GECKO Crypto1 as the first registered project on the platform.
October 10, 2018 at 04:38 PM
2 minute read
On Monday, the ICO Governance Foundation announced that it created the first ICO registry in partnership with GECKO Governance. The registry is certified as compliant with the IGF-1 registry standard.
The registry includes GECKO Crypto1 as the first registered project on the platform. GECKO partnered with the IGF, a nonprofit organization that performs a self-regulatory function for initial coin offerings, to create the registry.
“GECKO Crypto1 is delighted to partner with the ICO Governance Foundation,” said CEO and founder of GECKO Governance, Shane Brett, in the press release. “Being the first registration on the platform further underlines our credentials as the enablers of compliance within the ICO space and provides a unique forum for us to play a leading role in helping companies navigate the divergent regulatory landscape.”
Miko Matsumura, the founder of IGF, said in a press release that the ICO market has a slew of problems that a self-regulatory registry will help to solve.
“By offering a global standard for ICO disclosures and a registry designed for voluntary self-registration, we begin the process of focusing the industry on governance topics,” Matsumura said.
The tool to register ICOs is ICODisclosure.com. The website acts as a voluntary and self-regulatory filing process, which helps investors consider the offering before investing. The registry is sponsored by GECKO Governance.
“Partnering with the ICO Governance Foundation continues to push the boundaries of what is possible for Gecko Governance and demonstrates the firm confidence that industry leaders have in our platform,” Brett said. “We are very excited to work with the IGF team as we navigate these uncharted waters together.”
Those “uncharted waters” of the crypto world have come under scrutiny in recent months. In September, the New York Office of the Attorney General issued a report lambasting crypto exchanges by calling them unstable and referring three exchanges that did not offer information to the attorney general to the New York Department of Financial Services.
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