Imagine being able to invest in the domain name system back in the early days of the internet…
TNS does for blockchain what DNS did for the internet.
DNS was a simple solution to substitute long strings of numbers and
punctuation that had previously been used to access websites. Instead
of an IP Address, 18.104.22.168, using DNS you could just type
WSJ.com. Although the concept was simple, DNS was a revolutionary
catalyst for the widespread adoption of the World Wide Web.
Since the creation of DNS, the number of globally registered domain
names has eclipsed 350 million. The owners of those names pay a nominal fee on an an annual basis to retain the exclusive right to those
addresses. The DNS market is now an essential IT industry that grosses
over $6 billion per year in revenue.
Blockchain transactions are non-reversible. If you send cryptocurrency to the incorrect wallet address, that money is lost forever. Believe it or not, millions of dollars worth of cryptocurrency have been lost this way as a result of simple, inevitable typos.
Similar to DNS, the solution for this non-trivial problem is a user-friendly naming system that can replace the cumbersome blockchain wallet address format. That solution is called TNS or Token Name Service.
Duration: 90 days
Unless otherwise specified, all return figures shown above are for illustrative purposes only, and are not actual customer or model returns. Actual returns will vary greatly and depend on personal and market circumstances. Investments in TNS are not FDIC insured, not bank guaranteed and may lose value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives, as well as TNS charges and expenses. This website is not intended to provide comprehensive tax advice or financial planning. For more details please see our token purchase agreement, regulatory filings and other disclosures. Past performance does not guarantee future results and the likelihood of investment outcomes are hypothetical in nature. Not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdiction where TNS is not registered. The information provided by TNS is educational only and is not investment or tax advice.
The way Crypto Names work is very similar to how human-readable domain names were created to replace having to use a number-based IP address for web destinations.
TNS provides an API for public and public decentralized servers called Zone Servers located in strategic locations around the world. Zone Servers provide the data needed for wallets, apps, exchanges, etc., to convert a TNS Crypto Name back into an actual alpha-numeric cryptocurrency public key address. These functions are all hidden from end-users.
TNS makes available a simple API for developers and merchants to use the data provided for crypto name lookups, data channel functions and analytics.
Mr Corsi has over 30 years experience in software development. He was instrumental in the development of the world wide web in the early 90’s. He served as one of the original INAIC Council members, which helped to draft many of the internet top level domain protocols. He has operated 2 of the worldwide DNS root servers from the early 90’s.
Chris has over 20 years experience with programming in many languages. He has led major development projects for many large companies. He leads development for server infrastructure and backend API systems.
Thomas has been an entrepreneur, capital markets leader and fintech innovator for over 30 years. He is the founder and CEO of DealBox.
DealBox is a blockchain business accelerator and crowdfunding platform.
17+ year software architect, entrepreneur and blockchain technologist.
Jerome Conlon is former Director of Brand Planning and Marketing
Insights for Nike, Inc., Vice President of Brand Planning,
Consumer Insights & Category Development for Starbucks Coffee
Company, Senior VP of Marketing and Program Development
Research for NBC Entertainment, and has been a professor of
economics at Gonzaga University.
Jerome is the author of Soulful Branding – Unlock the Hidden
Energy in Your Company and Brand (FutureLab Press 2015) and
the soon to be released Brand Bridges – Connecting BusinessModels with Positive Consumer Experience (Futurelab Press 2019)
The tokens are backed by something tangible like tangible assets, profits, or company revenue.
STO investors are investing with the expectation of receiving future cash flows, dividends, or voting rights directly tied to the security being issued.
Because they derive their value from actual securities, security tokens are considered investments, which means additional regulatory and reporting requirements for the issuing entity.