It’s quite the automotive Friday for Simple Token. We’re excited to announce today that 704Games, the video game publisher with NASCAR’s exclusive license to simulation-style console video games, and Tesloop, the world’s first sustainable mobility company providing city-to-city rides in Teslas, are joining Simple Token as partner companies to collaborate on new tokenization concepts.

Simple Token

Simple Token “OST” is a utility token, launched by the OpenST foundation, that enables any company to create, launch, and manage their own branded digital token economy, powered by Simple Token protocols and software. It allows companies and communities to create crypto tokens and build it into their ecosystems without many of the technical, legal, and regulatory risks and costs involved with going it alone.

We’re bringing crypto to mainstream and enabling apps and platforms to build communities that use their own token. The OpenST protocol is live and available today for use, and will transition to Ethereum mainnet on Tuesday 19 December coinciding with the launch of OpenST 0.9.1. Going forward, we are developing further enhancements into the OpenST protocol as well as investing in an ecosystem of developers and apps to build on OpenST to help any company to simply launch and manage their own branded token economy.