Analysis and Benchmarking of Tokenization Platforms Neufund, Harbor, Binaryx and Tokensoft


    Neufund is the platform for tokenization of assets on Ethereum blockchain, intended to bring together the blockchain startups and venture capital. It enables conversion of any equities or financial instruments into tokens of any kind and facilitates their subsequent sale within the platform or on various exchanges. Neufund also offers legal and technical support of token sale.

    The salient feature of the platform is the tokensale model called Equity Token Offering (ETO). In essence, it’s a hybrid investment model combining advantages of IPO, ICO and venture capital round. Registered companies undergo ETO, issuers are submitted to verification similar to an audit for IPO, and ETO-token holders have the same rights as owners of physical shares: rights to vote, fractional ownership, dividends (if applicable), transfer of ownership etc.

    Harbor is another blockchain platform, designed for the launch of security tokens and their further licensing. Initially it was geared towards the real estate market, but in 2020 the platform was purchased by BitGo, and its focus shifted to providing assistance with  tokenization of existing shares.

    Among the main characteristics of Harbor are the crowdsale model called Underlying Asset Initial Coin Offering (UAICO) and automation of most routine processes. UAICO is in fact ICO, with the only difference that raised funds are blocked inside a smart-contract to back up the price of issued cryptocurrency. The raised funds are distributed among the issuers of UAICO in stages; usually 50% is instantly earmarked for development fund and founder stock fund, the rest will have been unblocked incrementally over 1-3 years.

    Binaryx  is a safe and easy-to-use cryptocurrency exchange with a personal module of social trading and in-house educational platform for the newcomers in the cryptocurrency world. In 2021 Binaryx announced the launch of asset tokenization platform, enabling small and middle businesses to attract investment to finance their projects all over the globe.

    Key element of Binaryx is the combination of tokenization services with instruments allowing the exchange of various digital assets within a single platform. This significantly streamlines the process of attracting investors and empowers them to buy and sell tokenized assets much more easily. Whatsmore, Binaryx boasts an easy and user-friendly interface, accessible to even novice users.

    Tokensoft is, perhaps, the most well-promoted platform for asset tokenization allowing for tokenization of real estate, company capital, loan funds, physical and non-physical assets. Tokensoft supports not only Ethereum, but Stellar, Corda and Hyperledger. The platform also offers a cryptocurrency wallet with cold storage of assets.

    In comparison with other platforms, TokenSoft stands out for its wide opportunities of setting up personalization and crowdsale. We are talking about a more comprehensive configuration of issuance (tokenization) process, advanced token distribution, dividend payout, automatic reinvestment, digital asset storage and asset trading by means of issuance of tokens with open architecture.

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