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What is Magna?

Achieve regulatory adherence, oversee your financial transactions, and automate the withholding of taxes to create an efficient token management system. With Magna’s verified smart contracts, you can seamlessly distribute tokens to both your investors and employees while ensuring that security remains effortless. Manage your legal paperwork, such as SAFT agreements, token warrants, and grants, while clearly communicating the future value of your token. Our software supports multiple vesting methods, including time-based, back-weighted, and milestone criteria, catering to even the most complex requirements. The user-friendly claim portal, tailored to your project's unique branding, allows stakeholders to engage with your initiative and access their allocated tokens. Maintain thorough control over all on-chain activities through customizable action permissions, made possible by integrations with Gnosis Safe, Squads, and other wallet providers. Ensure the precise calculation of withholding taxes on token distributions and promote transparency by documenting each transaction, which strengthens your compliance measures. This all-encompassing framework not only streamlines your operations but also builds confidence among your stakeholders, enhancing overall engagement and support for your project. By prioritizing both functionality and security, you can ensure a robust token ecosystem that benefits all parties involved.

What is BitPolaris Custom Token Platform?

The Custom Token Platform provides a comprehensive management service for businesses and projects looking to create tokens on Ethereum, BNB Smart Chain (BSC), or TRON. BitPolaris manages the setup and deployment of a secure OpenZeppelin-based smart contract, which incorporates features such as minting, burning, pausing, supply limits, and transfer fees; it also ensures the contract's source code is verified on a blockchain explorer and transfers ownership to a secure multisignature wallet. For a fee of €4,900, clients receive a deployment and verification service for one network, along with token metadata, an issuance record, and support for exchange listings if they already have one. If the client does not have an exchange, BitPolaris will create a thorough listing package for other platforms. Moreover, clients can opt for additional features such as vesting and lock contracts, tailored distribution portals, token-specific websites, applications for listing tracking, tools for token holders, governance voting systems, cross-chain bridges, and automated buyback mechanisms. A rigorous independent audit is also available at an extra cost of €11,000, ensuring a meticulous evaluation of the token's integrity and security. This wide-ranging selection of services is designed to streamline the token issuance process while significantly improving the project's overall security and functionality. By offering such a diverse array of options, the platform aims to cater to the unique needs of each client, ultimately empowering them to successfully navigate the complex landscape of tokenization.

Media

Media

Integrations Supported

Holograph

Integrations Supported

BNB Smart Chain (BSC)
Ethereum
Safe Wallet
TRON

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

€4,900/network
The standard package costs €4,900 per network. Optional add-ons are priced separately. An independent third-party audit is available for €11,000.

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
On-Prem

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Magna

Company Website

www.magna.so/

Company Facts

Organization Name

KSA Global Danışmanlık

Date Founded

2016

Company Location

Turkey

Company Website

bitpolaris.com/products/custom-token-platform/

Categories and Features

Crypto

Not specified

Categories and Features

Smart Contract

Not specified

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Popular Alternatives

No Alternatives