Vinny Lingham gets token sale advisory board role
South African-born tech entrepreneur Vinny Lingham has been appointed to the token sale advisory board of global fintech, bitcoin and blockchain online investment platform BnkToTheFuture.
The company yesterday announced the token sale advisory board, with executives from Lingham's company Civic, as well as Smith + Crown, Abra, BitAngels, and more signing on to help BnkToTheFuture launch a tokenised secondary market and due diligence platform for equity tokens.
Lingham, now based in Silicon Valley, is an Internet entrepreneur and co-founder and CEO of Civic - an identity protection and management start-up.
He previously founded and was CEO of Gyft and Yola, and is co-founder of Silicon Cape, an NGO based in SA that aims to turn Cape Town into a technology hub.
Lingham also founded and was previously CEO of global search marketing firm incuBeta and its subsidiary Clicks2Customers.
BnkToTheFuture's online investment platform already brings vetted deals to qualifying investors and has invested in many of the most valuable companies in the sector, and will now incorporate its BFT crypto-currency token to reward due diligence, deal flow analysis and investor relations on prospective and current deals.
"Investors in today's burgeoning ICO [initial coin offering] landscape are seeking more professionalism, accountability, and compliance, while equity investors are seeking greater liquidity and trading," says Lingham. "BnkToTheFuture provides this gap in service, and I'm excited to see this project grow through its next phase."
Joining BnkToTheFuture's advisory board alongside Lingham are: Jonathan Smith, Civic co-founder and CTO; Bill Barhydt, CEO of Abra; Diego Gutierrez Zaldivar, CEO and co-founder of Rootstock (RSK); Michael Terpin, CEO of Transform Group, founder of CoinAgenda and co-founder of BitAngels; Sunny Ray, president of Unocoin; David Johnston, chairman of Factom and co-founder of BitAngels; Li Huo, director at Huobi; Adam Vaziri, blockchain lawyer and director at Diacol; Brian Lio, CEO at Smith + Crown; Matt Chwierut, researcher at Smith + Crown; Tony Simonovsky, CEO of InsightCryp.to; and David Drake, chairman at LDJ Capital.
"While building BnkToTheFuture's advisory board for our upcoming token launch, we sought leaders in the blockchain industry and those who have been consistently involved advocating for Bitcoin from very early on to help guide our efforts to further develop a transparent platform compliant with regulatory requirements," says Simon Dixon, CEO of BnkToTheFuture.
"We're confident that our advisory team of experts will be instrumental in this process."
Already popular as an online investment platform - with 45 000 qualifying investors and over $200 million invested in rounds listed on its platform, including companies like Kraken, BitFinex, BitStamp, ShapeShift and others - BnkToTheFuture will incorporate blockchain technology to allow for the trading of equity tokens and will issue its own token, BFT, to support deal flow analysis, due diligence and investor relations on the platform.
BFT will be available in a public token sale in February 2018.