Partnership will witness TrustedIn Trading incorporate GECKO Crypto1 regulatory solution to manage ICOs launched on the platform
GECKO Governance, which recently launched its new ICO compliance solution, GECKO Crypto1, has announced a strategic partnership with TrustedIn Trading, a custom-built social media platform for the blockchain and cryptocurrency industry.
The partnership will see TrustedIn Trading using GECKO Crypto1 to manage ICO projects on the platform, in turn offering GECKO Crypto1 users and investors access to the social media platform.
“At GECKO, we are dedicated to working with innovative and inspiring projects which share our commitment to the maturation, stabilisation, and appropriate regulation of the ICO and token space. We are very excited to be partnering with a similarly dedicated team at TrustedIn Trading. We are hopeful that together, our companies can do wonderful things for the blockchain sector in the U.K. and Ireland, as well as internationally,” said Shane Brett, CEO and founder of GECKO Governance.
TrustedIn Trading is a custom-built social media platform, set to launch in 2018, and will offer users a full array of social media, publication, charting, and other social features. The platform will subject members who wish to engage in business transactions upon the platform to thorough due diligence and KYC processes, thereby enabling ICO projects to launch to a tailored audience, while significantly reducing fraud through its account verification mechanisms. TrustedIn Trading account holders hoping to contribute to ICOs, meanwhile, will be assured that projects featured upon the platform adhere to regulatory parameters across multiple jurisdictions — as each will be validated by the GECKO Crypto1 solution.
As well as the GECKO Crypto1 compliance solution being incorporated into the TrustedIn Trading service offering, the two companies will work together in conducting due diligence, KYC, and AML processes on users of both platforms.TrustedIn Trading seeks to provide account validation, based upon an in-depth due diligence process, to inhibit fraud and enhance legitimate business which existing social media platforms lack. In this way it aims to be one of the most advanced project launch platforms in the ICO space to date and will assist the GECKO Crypto1 solution in the creation of a self-regulatory, trusted ecosystem for the the industry as a whole.
“Partnering with GECKO Governance is a natural choice for TrustedIn Trading ahead of our launch this year. GECKO’s back-end systems are the perfect match for our front end social marketing and due diligence tools. We are very excited to be working with the GECKO team moving forward given their proven track record in regtech solutions provision and making use of the game-changing Crypto1 product,” said Shane McQuillan, Founder and CEO of TrustedIn Trading.
“GECKO Governance’s partnership with TrustedIn Trading comes during a significant period as we prepare the launch the Gecko Crypto1 ICO compliance solution and the GECKO token sale. TrustedIn Trading shares our overall vision for the future of this growing industry, and makes perfect sense as one of the first users of the GECKO Crypto1 solution. We are very excited for the abundance of opportunities the future will bring, and to utilising this partnership to the benefit of both companies and our dedicated communities in the future,” concluded Brett.