Codex Protocol, a decentralized asset registry for the arts & collectibles (A&C) asset class, has announced the launch of its token sale. The token sale will have a hard cap of $15 million USD, and has already seen $12 million USD contributed in a successful private presale round, with notable contributors in the blockchain space including Pantera Capital. The token sale comes on the heels of the registry’s deployment to the mainnet on the 23rd of July, and the appointment of Daniel Grachanin, former Director of Product Marketing at RChain Cooperative, as the company’s new Head of Product. The mainnet launch will allow artists, collectors, and partner applications to create Codex Records for unique assets.
CEO of Codex, Mark Lurie explained: “When we started Codex, we aspired to create a platform that would eliminate many of the inefficiencies of working with unique assets, especially within the arts and collectibles market. Today, we are proud to realize these ambitions, launching a platform that can finally provide verifiable provenance and authenticity to this asset class. With the announcement of our token sale, and through our partnerships with some of the best and brightest companies in the industry, we believe that we are one step closer to creating a fairer and more transparent global ecosystem for all.”