$xBTC Due Diligence Report
Wrapped is the leading technology provider of wrapped layer-1 assets. Wrapped, a collaboration between Tokensoft and qualified custodians is designed to provide a high-quality custodial, administrative, and compliance solution for wrapped assets.
Tokensoft is the best place to attain price discovery while bootstrapping your community. This can take various forms, whether you are doing a fixed price sale and setting the price of your token or whether you are allowing your community to set the price in the form of an auction. Each style has different strategies to set the right price while building the largest community. To date, Tokensoft has helped create over $10 Billion in market cap across projects like Tezos, Hashgraph, Synthetix, Avalanche, The Graph, Acala, Moonbeam, and many, many more.
xBTC is wrapped Bitcoin.
Bitcoin is a decentralized cryptocurrency originally described in a 2008 white paper by Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them.