Cryptoasset industry problems: Shortage of smart contract developers

Tozex
2 min readAug 26, 2019

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Token issuance implies to create token or deploy a smart contract for a specific contribution mechanism (ICO, STO or BRO model).

Specific developers’ skills are required for contracts creation & deployment (Solidity language for example on Ethereum Blockchain) or even for advising purpose to select the correct solution of their needs. Otherwise, entrepreneur has to find such technical skills like a smart contract developer and also trust him to develop his token-based model but how? The shortage of talent in the Blockchain ecosystem is a real concern for many entrepreneurs and existing companies due to a lack of training programs on this field within companies and universities.

Then entrepreneur has no other choice to pay a costly fee to develop his token system and a crowdsale mechanism by hiring developers (average cost 150 USD/hour) or service providers such as token platform or consulting company (10K-25K USD). On top of that, they have to wait weeks to get it and they have limited ability to judge smart contract’s quality and check if their requirements are correctly implemented.

At Tozex, we will deal with these barriers once and forever - as our aim is to make all the processes transparent, easy and clear for every person without any need to get some specific skills.

See more at https://tozex.io

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Tozex
Tozex

Written by Tozex

Tozex is a non-custodian tokenization platform proposing 4 services: Launchpad, NFT Marketplace, Token Bridge & Multisignature Vault.

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