Top 10 STOs

We recently published an article titled ‘Are STOs the New ICOs?’ which covered what an STO is. In short, it is a ‘Security Token Offering’. Similar to an ICO, an STO is a token sale that differs from the former by being transparent about the fact that its token is classified as a security (a concept also covered in the linked blog above). This is an important step forward in crowdfunding and innovation for the crypto space because it provides greater transparency and consumer protection in an already volatile market. Because they are relatively new, it can be hard to find out exactly what projects are launching or are already involved in the STO space, so we compiled a brief list of 10 STOs to keep an eye on in 2018/19. The first 4 are STO blockchain platforms, similar to Ethereum for ICOs these blockchains are designed to host security token projects. The final 6 are current or upcoming STOs.

Here are CRYPTO 101’s top 10 STOs. The criteria we used was quite literally just to try and find what was already available. Because it is such a young market and many projects are still unclear whether they will be an STO or not, the list below are the projects that are 100% STOs or STO platforms

1. Polymath

Market Cap: $48,000,000
Polymath (using the ticker: POLY)  is aiming to bring legal professionals, businesses and developers together to create and refine a standard for security tokens. Polymath has its own token protocol (ST20) that promises to simplify the process of creating and investing in security tokens. The ST20 token standard is open-source and has KYC (Know Your Customer) built-in. Polymath is currently developing multiple partnerships, three of which are on the list below (Vertalo, Corl and 7 Pass).
 

2. Securitize

Market Cap: NA
Similar to Polymath, Securitize aims to provide an end-to-end technology platform for issuers of security tokens. They are a younger project and as such are not trading on any established exchanges as yet. They boast an easy process of tokenizing any asset, physical or digital.

3. Harbor

Market Cap: NA
Harbor is a new blockchain project  targeting the tokenizing of physical private assets for such as real estate, company equity, investment funds, even fine art.

4. Swarm

Market Cap: $3,700,000
Similar to Harbor, Swarm is a blockchain project for private equity. It is also a fully decentralized capital market place.
 

5. 7 Pass

Market Cap: $50,000,000
7 Pass is an Investment Fund targeting the Cannabis industry. The first security token to launch using Polymath. 7 Pass plans to provide an investment onramp for investment opportunities in the cannabis sector. 7Pass is hoping to stand out amongst the emergent cannabis market and offer the average investor the opportunity to invest in a booming, brand new market.

6. Minthealth

Market Cap: $50,000,000
MintHealth is a global, decentralized health platform that connects healthcare stakeholders to what they call “patient empowerment and improved clinical outcomes”, and are aiming  to do so at lower costs than traditional solutions currently offer.

7. IPwe

Market Cap: $25,000,000
IPwe is a blockchain-based patent platform. IPwe is intending to implement a blockchain solution to “unlock global patent value”. 

8. Block Estate

Market Cap: $50,000,000
Block Estate is a tokenized real estate fund aiming to use predictive analytics to deliver returns for investors. They are providing a blockchain-based security investment for those wishing to invest in real estate.

9. Corl

Market Cap:$50,000,000
Corl describes itself as “a company that offers fast and affordable growth capital through royalty investments”. They have recently announced that they have pre-filed their prospectus for a public offering with Canadian regulators, and that they will be accepting POLY tokens for the sale of their security tokens. Corl boasts that they will  be the first company in the world to “go public” through a token.

10. Vertalo

Market Cap: NA
Vertalo has partnered with Polymath to create a Security Token Marketplace. Vertalo is a cross-chain platform for Security Token issuances that enables broker-dealers, issuers, and their investors to visually manage portfolio data related to communications, compliance, and eligibility with an end goal of real-time liquidity.

Written by: Glen Veitch - CRYPTO 101 Bloggers