This article explores the TAGZ ICO and if TAGZ Exchange is a scam.
We look into the TAGZ brand behind the company TAGZ GROUP PTY LTD and show you the facts.
Who is TAGZ and what is the TAGZ Exchange ICO all about? Does it have any merit or use case or is it just another ICO Scam? Is TAGZ even a registered company and is it legal and is there any solid evidence to show?
What about the TAGZ employees/staff listed on their website and company LinkedIn page, are they real and who are they?
Lets start off with who TAGZ is and the company behind the brand...
Who is TAGZ?
TAGZ is a fully licensed Australian Austrac Regulated Cryptocurrency Exchange that is AML/CTF Compliant. TAGZ trades under Tagz Group Pty Ltd with Registered ACN 632 160 920 (Australian Company Number).
Is TAGZ Legally Registered?
Any company that is attempting to operate legally within Australia must be registered with the Australian Securities and Investment Commission and have the necessary documents issued which includes a certificate of registration.
- An official copy of the Tagz Group Pty Ltd registration certificate can be downloaded and seen in the TAGZ whitepaper here: https://tagz.com/wp-content/uploads/tagz_whitepaper.pdf
- You can cross reference this by doing a manual lookup for "Tagz Group Pty Ltd" against ASIC's database here: https://connectonline.asic.gov.au/RegistrySearch/faces/landing/panelSearch.jspx?searchTab=search&searchText=tagz+group&searchType=OrgAndBusNm&_adf.ctrl-state=oprnhxwtu_12
- Being registered for Goods and Services Tax (GST) is mandatory for any Australian company turning over more than 10,000 profit per year. Tagz Group Pty Ltd does comply with this law and is registered for GST which can be seen using the Australian Government Business Register here: https://abr.business.gov.au/ABN/View?abn=75632160920
Score: 10/10
AML/CTF Compliance:
Any exchange attempting to operate legally in Australia must have an Anti Money Laundering (AML) and Counter-Terrorism Financing Rules (CTF) in place.
- TAGZ does have this in place transparently which you can read here: https://tagz.com/aml-policy/
Score: 10/10
AUSTRAC Compliance:
Another prerequisite for running an Australian exchange is to follow all regulatory laws and procedures which include being registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC).
- TAGZ is fully registered and registration is included in the Whitepaper: https://tagz.com/wp-content/uploads/tagz_whitepaper.pdf
Score: 10/10
Team Members:
Any successful business leader knows that the success of the company directly comes from how it's lead by the team members behind it. If there isn't a qualified team behind a project the results will be sub-par. By looking into TAGZ deeper it can be seen that the team is comprised of experts in their respective fields with many years of experience within both the blockchain and cryptocurrency space.
Let's take a look at each of the TAGZ team members:
- Bryan Seiler, Founder & CEO An entrepreneur by nature, Bryan has far-reaching experience in building businesses from ground up with an extensive sales background and vast knowledge across all dynamics. https://www.linkedin.com/in/bryanseiler
- Julian Jones, CFO Julian carries with him a wealth of business financial experience along with sales, marketing, product management and consulting skills to name just a few among many that set him apart as a pure leader. https://www.linkedin.com/in/julian-jones-b10aa4111
- Lalit Bansal, Marketing & Growth Extensive experience of more than 13 years in Pre-Sales, Bid Management, Business Engagement and an Advisor to multiple Crypto ICO startups stemming from a knowledge-bank of Blockchain and business know-how power. https://www.linkedin.com/in/l-k-bansal/
- Jagan Ganesh, Lead Web Paradigm Developer Working professionally as a Full-Stack Web Developer for more than 12 years, Skills are HTML 5, CSS 3, SASS / LESS, JavaScript, JQuery, JSON, GulpJS, PHP, SQL, GIT, Java, Python, BASH, Assembly, R, C, C++, C#. https://www.linkedin.com/in/jaganganesh/
- Sujeet Kumar, Head of Vision Strategy Sujeet brings with him experience of crypto economics and adoption with an ultimate vision to promote and create a community around decentralized financial services. https://www.linkedin.com/in/sujeet
- Ahmed Khalil, Technical Advisor With M.Ed, EMBA, ACC, MGSCC qualifications and over 16 years of experience in education, training, and coaching, Ahmed is a true professional when it comes to understanding and advising technology companies. https://www.linkedin.com/in/aakwaqf/
- David Hershfield, Advisory Share Holder Ex Sr. Director at Paypal and with a Bachelor's degree from Berkeley, and an MBA, David is a global business & technology executive with 20+ years of experience. He has worked at top Fortune500 companies, like PayPal, Adobe and eBay. https://www.linkedin.com/in/davidhershfield/
- Praveen Rai, Private Connections Manager An inspired visionary blockchain entrepreneur with vast experience founding and developing innovative Blockchain projects and automating and scaling up digital marketing processes. https://www.linkedin.com/in/praveen-rai-/
The list of team members above is quite extensive with vast experience and offers a lot of credibility toward TAGZ and their ability to deliver on promises.
Score: 10/10
TAGZ Token Details
https://etherscan.io/token/0x5d8ce06a40fb101895be5b6560931b92a1b3444f
TAGZ ICO Details
https://tagz.com/#crowdsale
TAGZ In The Media
David Hershfield, Ex Sr. Director at Paypal Joins TAGZ Exchange as ICO is set to soar
Official TAGZ Links
Should you take part in the TAGZ ICO?
This is of course a question that we cannot answer ourselves. We can only bring you all the facts so that you can make an informed decision to whether or not investing in the TAGZ Exchange ICO is right for you. The positive is that TAGZ is very transparent and open with their information to the public but just like any investment it comes with a form of risk. We can only share with you the facts and proof about TAGZ and why we believe it to be a sound investment ourselves. Please do your own due diligence and research aswell as using any of the links in this article above to draw your own conclusion.