Comsa is basically a blockchain technology aimed and catered to focus on the business world. The power and impact are no more hidden behind the trails and almost everyone is aware of this fundraising powerful method. However, there is still a lack of knowledge about the usefulness of ICO in several major sectors.
Comsa has successfully made a passage for the future ICO's who intend to stay in the vicinity of COMSA surrounding. The Comsa team takes care of the consultation and implementation.
Comsa came into the spotlight even more after creating mijin, the blockchain product. Comsa has two core technologies running along its side.
What does Comsa do?
In simple words, Comsa is a pithy solution to the ICO projects providing several services which include:
- Planning in business
- Legal Support
- Token insurance
- Sale
- Token listing
The tokens that are used in the projects are run by Comsa and are either Mosaic tokens or ERC-20 tokens built on NEM and Ethereum blockchain respectively.
The one positive thing about Comsa is that it doesn't aim to target the decentralized applications rather puts the entire focus on Japanese companies.
The level of Comsa
According to the team, the team behind Comsa sells mijin as a solution for enterprise ledger. However, according to the CEO of the platform, it has been assured that there could be a successful sale of 20-30 sale of token before 2018 comes to an end.
The funds that will be raised from the ICO is supposed to be allocated to the following sectors.
- ICO token sale platform development.
- COMSA core development
- Comsa Hub development
- Crypto pegged token development
- Flat pegged token's development is also likely to be taken care of.
The solution to the problem
Basically, Comsa has just the desire to become the one-stop shop for the different enterprises to incorporate themselves in the blockchain followed by issuing tokens. There are several platforms available for conducting ICO's.
Comsa wants to turn up as a bridge to take ICO support to exchange listing.
What has the future got in store for Comsa?
Comsa is supposed to be holding up two ICO's in the month of November.
The former for Campfire, followed by the latter that is a company called Premium Water Holdings.
Opportunities tagged along with Comsa
To begin with, Comsa has strong support from the Japanese corporate world, with different major businesses that are lined up in the process of doing ICO's.
The market would turn out to be a completely different place if Comsa gets successful in the near future.
A total of 25$ funding came into Tech Bureau from VC firms, confirming the fact that it has passed the diligence of the investors.
The Risks that Comsa might have to face
The "regulatory" is one of the biggest threat to Comsa at this point of time. China and Chinese people are known for their capricious regulators but that turns out to be a major risk factor existing at Japan.
However, if minutely though upon, this regulation is useless. Even if regulation occurs sometimes soon in the near future, the process will be slow and deliberate. This will have no impact on ICOs whatsoever. Regulation is definitely the showstopper during the major crisis of risks.
The team behind Comsa
Tech Bureau Corporation is the leading company responsible for all the ups and down related to Comsa. It is currently running the mijin blockchain as well as Zaif cryptocurrency. The chief executive in the team includes CEO Takao Asayama, Mijin CTO Jaguar0625, and many other helping hands serve the team.
Also, currently the company has made a partnership with Nippon technology Venture Partners.
The Final thoughts on Comsa
Overall, there is still a pinch of neutrality about it for both its changing and long-term potential. The thoughts regarding the same are as follows:
Uncrowned raises are not considered well for changing purpose. Comsa has made a good impact in the market by creating awareness; hence, there is a scope of a large market cap on the way.
The project is very amazing and can turn out to be allurements for many established companies who need a visit to the crypto world.
Website : https://comsa.io/
Whitepaper Download : https://comsa.io/en/53646.html