https://www.cryptocoinsnews.com/legaltech-company-introduces-native-token-launches-sale/LegalTech Firm Introduces Native Token, Launches Sale
Agrello, a legal technology platform combining agent and blockchain technology, launched a token sale July 16 for its native token called ‘DELTA’ which will be traded under ‘DELT’. The token scale, scheduled to go until August, has a 10,000 bitcoin limit. According to inside sources, the project might already be more than one-third of the way to reaching its goal.
“DELTA tokens will be required to employ the Agrello platform and to perform various actions in the system, such as the deployment of new agreements or the usage of blockchain and contract repository resources,” wrote the project in its blog.
Two days ahead of the opening, the team held an AMA in which for over two hours the team discussed the implications of blockchain for the legal industry. CCN was there in order to catch some of the most compelling parts of the talk ahead of the token sale, which was covered by Hacked late last week.
“The idea behind Agrello is to take the tedious work away from users, and let users and organizations collaborate in a peer-to-peer fashion, and allow them to focus on more decision making and creative work,” said Agrello Chief Scientist Alex Norta in the AMA. “And really all the repetitive, annoying work is offloaded to the smart contract and agents…Value and information transfer logistics can very quickly explode in terms of cost and time needed. So, if you lock that off into a smart contract, you are definitely saving a lot.”
