The Motley Fool Discussion Boards

Previous Page

CAPS / CAPS Blogs

URL:  https://boards.fool.com/ex-sr-director-at-paypal-joins-tagz-exchange-34204875.aspx

Subject:  Ex Sr. Director at Paypal Joins TAGZ Exchange Date:  5/11/2019  5:07 AM
Author:  johnnypip Number:  66 of 483

TAGZ, a relatively new startup company based out of Melbourne Australia that trades under TAGZ GROUP PTY LTD is picking up wide spread attention from institutions and corporate leaders in the blockchain space.

The Internet Technology sector as of recent years and especially in the last 12 months has presented many opportunities to institutional and retail investors with that catchy word being ‘Blockchain’. During the ICO boom throughout 2018 we saw just about any company using the word blockchain in their name or even labeling any project of theirs by it, receive a ton of attention. But all that has now changed as that initial ICO rush is over and the directional change in interest has started to flow into regulated projects in allowing investors to know that they are dealing with a legitimate company.

The TAGZ Exchange project is not just an everyday ICO but is a Regulated Initial Coin Offering (R-ICO) which is fully licensed to operate an exchange. TAGZ is AML/CTF Compliant as well as Austrac Regulated to operate a Dual Gateway Exchange (DGE) for Cryptocurrency trading.

The Dual Gateway Exchange will be the first of its kind in Australia and will allow users of the exchange to trade the Traditional Crypto Market and Derivative Futuresat the same time on one platform. The exchange will also feature a native utility token called TAGZ Token which it is issuing during their R-ICO and will be actively traded against derivative pairings and offset against exchange fees for users.

David Hershfield, Ex Sr. Director at Paypal said the following:

“I see big upside potential in TAGZ Token and want to be part of industry changing ideas. There’s definitely a need to clean up Crypto by doing away with unregulated exchanges so we need to make the move toward embracing regulation. What better way to do this than offering Futures at the same time on one regulated Cryptocurrency Exchange.”

The above quote was said after David Hershfield officially announced that he has joined the team at TAGZ with his current role as “Advisory Board Member” with it being reflected on his LinkedIn profile.

With a Bachelor's degree from Berkeley, and an MBA, David Hershfield is a global business & technology executive with more than 20 years of experience. He has worked at top Fortune500 companies, like PayPal, Adobe and eBay, just to name a few and has led and managed global teams which has met him with huge success.

The official TAGZ website is https://tagz.com
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us