The Japanese government has put the cryptocurrency law since this April, and the legal domestic ICO solution in Japan has been one of the prominent issues among the established companies listed on the stock exchanges for alternative flexible funding. Tech bureu Corp, which operates Zaif, one of the oldest and largest cryptocurrency exchanges in Japan and registered to FSA (Financial Services Agency), and is initiative to the development of the blockchain technology mijin comprizing the NEM ecosystem, has revealed a press release of COMSA, which interoperates three public blockchains --- Bitcoin, Ethereum, and Nem --- and the private chain mijin, which is an enhanced private version of Nem. COMSA is named after Japanese words 塊(block) 鎖(chain). The tokens of ICOs on the platform can be issued by either ERC20 on Ethereum or Mosaic on NEM, or alternatively both. One of the problems of existing ICO platforms is a lack of mechanisms to tame significantly high volatility of cryptocurrencies. COMSA offers the uses of the cryptocurrencies pegged to fiats such as the cryptocurrency Zen (Japanese “Yen” incremented by one character) pegged to Yen. The new NEM protocol over Catapult will support transferring the exchange values on existing financial products on decentralized applications.

Scheduled ICO on COMSA

• COSMA, itself from October 2, 2017 to November 6, 2017. CMS token holders benefit 5% discount on the future ICOs on COMSA.
• Premium water holdings, (http://premiumwater-hd.co.jp/), listed on the Second Section of TSE (Tokyo Stock Exchange).
• Campfire, the largest cloud funding service in Japan.

After the press release, there was sharp increase in the price of XEM.

https://comsa.io/en/

Scam Risk: Very Low
Potential: A
Rating: AA