ICO vs STO

in business •  7 years ago  (edited)

ICO

We all know initial coin offering ,2017 was the year of ICO. Started out with genuine purpose and finally become a fraud and was detrimental to crypt market as a whole. US citizens were barred from participating in ICOs, many ICOs were shutdown, investigation on going and so forth. We still have many bad apples. Now people are realizing it and are offering something new

welcome to STO

It is security token offerings, they are more lesson and give you shares in the company.Its kind of termed as an early stage IPO. I think this is a good development, but need to weed out the wallst middle men. If you look at it now, ordinary folks cannot participate in any of the leading IPOs. The system is designed to benefit high net worth individuals ,institutions and wall st.
Hopefully STO will learn the less and make it more democratized and live upto the spirit of decentralization

https://www.cnbc.com/2018/04/27/theres-a-new-way-to-fundraise-with-cryptocurrency-overstock-ceo-says.html

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What are the benefits of an STO as opposed to an ICO?

Still sounds identical to ICOs

Wonderful post ..Best of luck friend ✫
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STO has a lot of promises but is it worth the sacrifice of being unregulated. It's not even cryptocurrency anymore. I just read this article about STO's and i don't think its a good idea

https://blog.kucoin.com/security-token-offering-what-you-need-to-know/