Share this article
Crypto Payroll Processor Bitwage Launches ICO Advisory Firm
Bitcoin payroll firm Bitwage has launched an advisory company aimed to make it easier for companies to launch token sales.
By Nikhilesh De
Updated Sep 13, 2021, 7:59 a.m. Published May 29, 2018, 1:00 p.m.
Make us preferred on Google
Cryptocurrency payroll service Bitwage wants to make it easier for companies to launch initial coin offerings (ICOs).
The company announced on Tuesday that it has created a new advisory firm called Inwage, which seeks to help traditional companies develop and hold token sales. The company's platform includes modules for know-your-customer procedures, payment processing and dividends, as well as a customizable front page and an administrative portal, according to the startup.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In addition, Inwage will provide assistance with creating and auditing smart contracts, as well as website security. Clients can also get assistance with marketing and public relations through the new service.
BitWage president Jonathan Chester said the creation of Inwage was prompted by individuals and companies who began asking for advice around the technical and marketing aspects of ICOs.
He explained:
"We started to build out an ICO technology that people can use without relying on a third party. People can license the InWage software and host it themselves. This is actually one of beautiful things about ICOs, the ability to sell a digital asset without the requirement of a third party."
The company has already helped the GS Mining Company and Ethmint launch the token for a platform called Moria, Chester told CoinDesk, calling it "the world's first decentralized investment platform for precious metal extraction." The Moria token sale aimed for $30 million, but ultimately raised $50 million during its run, he added.
Going forward, the firm hopes to work with other services that provide "regulatory compliance and investor channels to make ICOs accessible to companies of all shapes and sizes," Chester said.
Gumball machine image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Here’s why bitcoin’s is failing its role as a 'safe haven' versus gold
Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash.
알아야 할 것:
- During recent geopolitical tensions, Bitcoin lost 6.6% of its value, while gold rose 8.6%, demonstrating bitcoin's vulnerability in times of market stress.
- Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash, contrary to its reputation as a stable digital asset.
- Gold remains the preferred hedge for short-term risks, while bitcoin is better suited for long-term monetary and geopolitical uncertainties that unfold over years.
Top Stories
