TokenScript

TokenScript

A new tokenization standard that will deliver a more integrated web.

HQ location
Sydney, Australia
Enterprise value
$24—36m
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TokenScript is a pioneering company in the field of tokenization, offering a new standard that bridges the gap between Web2 and Web3. The company has been developing its TokenScript framework since 2017, aiming to create a more integrated web experience. TokenScript focuses on smart tokens, which are designed to bridge user rights and permissions through the Web3 stack, including blockchain, smart contracts, user agents, and services. This framework enhances the functionality, security, and usability of blockchain tokens, enabling users to define access and permissions around data, content, commerce, and interaction at scale.

TokenScript serves a diverse range of clients, including developers, businesses, and innovators looking to leverage the potential of tokenization. The company operates in the rapidly evolving blockchain and Web3 market, providing tools and standards that facilitate the transition from fungible to non-fungible to smart tokens. TokenScript's business model revolves around offering its framework as a service, with plans for a public token release in 2023, allowing interested parties to participate in the future of tokenization.

The company generates revenue through licensing its framework, offering consulting services, and potentially through the sale of its tokens. By providing a robust and scalable solution, TokenScript aims to deliver the promise of open, frictionless markets and a more integrated web across Web2 and Web3.

Keywords: tokenization, Web2, Web3, smart tokens, blockchain, smart contracts, middleware, integrated web, user permissions, TokenScript framework.

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