Cryptocurrencies, blockchain, NFT and new trends

Animoca Invests in EthSign to Ease Token Allocation Process for Web3 Projects

  • EthSign, a digital property rights platform, has received investment from Animoca Brands.
  • The Web3 venture capital firm will help power the launch of EthSign’s new product, TokenTable.

EthSign, a decentralized electronic signature platform, has announced receiving investment from Animoca Brands. The investment is part of the venture capitalist’s initiative to drive digital property rights via NFTs and web3 games.

Animoca Brands is keen on backing EthSign’s new product, TokenTable, which will help Web3 overlook and enforce agreements crypto projects use in distribution processes such as token allocation.

Token allocation is a highly debated topic within the crypto community. EthSign looks to change the outdated dynamic of ‘blindly trusting’ founders to allocate tokens with its solution. As a frequent recipient of token allocations, TokenTable seems like a…

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