Title registries of record for crypto are getting ever-closer to becoming a reality...
Once we go live with our title registry, auditors, institutional investors, banks, and businesses will have a way to voluntarily verify asset ownership for crypto.
Title registries can provide a path for crypto to move from novelty investment vehicles to adoption by mainstream institutions.
Here's what's already happened at TransitNet:
🔸 We built and implemented a proof-of-concept (POC) beta product to validate our assumptions;
🔸 We spun out TransitNet into a new company after incubating it at CapLinked;
🔸 We are currently raising a seed round (raised $1.2M so far from 1,400 diverse fintech investors/stakeholders).
Here's what we're planning next for TransitNet in 2021:
🔹 Enhance our POC product and expand the private beta;
🔹 Convert POC into a full-blown title registry for crypto;
🔹 Exit the private beta by inviting stakeholders (and later, the general public) to use TransitNet's title registry.
Quick note for prospective investors:
Our WeFunder campaign is filling up fast! If you're interested in participating, visit TransitNet's WeFunder profile for more info.