On October 6 the decision was announced on the NEOTEC program 2023 call for proposals . Among 356 applications 115 were selected, among which Token City has been ranked number 14.
The NEOTEC INITIATIVE is one of the most prestigious grants awarded by the Ministry of Science and Innovation and aims to support the creation and consolidation of new technology-based companies in Spain.
A technology-based company (TBC) is a company whose activity is focused on the operation of products or services that require the use of technologies or knowledge derived from research. One of the key criteria taken into account in granting these funds is the creation of in-house R&D capabilities.
The project to which Token City will dedicate the funds obtained will accelerate the technological development of its platform and allow it to remain at the forefront of the sector, thanks to pioneering innovations that allow us to provide better service to our customers.
We could not be prouder of the fantastic work being done by the entire Token City team.
Enter the new tokenized economy
Token City is the ultimate bridge to the tokenized economy (tEconomy), in which tokenized companies (tEnterprises) create their cryptoasset markets (tMarkets), open to global investors (tCitizens).
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