Security Token Offerings are the new ICOs (initial coin offering). They are backed by the company that issue them as some sort of security, just like a stock, a bond or any other security. Instead of being just utility of the network, it represents ownership of the company.

More information what it is + a comparison between the 3 big groups of crypto + Polymath, a platform that offers STOs, make sure to watch the entire video!

Medium post: https://medium.com/futuresin/security-token-offerings-sto-are-the-new-icos-d697ece5b6f9

#STO #SecurityTokenOffering #cryptocurrencies

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20 COMMENTS

  1. As you said, it is pleasure to know about the evolution of STO from ICO. It is good to have a clear view that security token overcomes the drawbacks of ICO. For further to acquire the best STO development and its platform, securitytokenizer offers all sorts of STO services. Have a look to know more @ https://www.securitytokenizer.io/

  2. Thanks for sharing this info. It’s helpful as a starting point for understanding the different types of tokens/coins. The problem with creating buckets for “utility tokens,” “security tokens,” and “cryptocurrencies” is that startups sometimes get it wrong and can face severe penalties because of it. Our channel was created to alert startups to info they should be aware of if they are doing token offerings.

  3. NEO will be the STO go to platform. They have always advocated for compliance and Da Hongfei recently mentioned that they are encouraging developers to create STO's. They already completed the NEX token sale and went smooth. The NEO Smart Economy Ecosystem coming together strategically. NEO is going to be massive.

  4. Take a look at Byteball. Platform is easier to develop for than other platforms (uses Node.js scripting language, instead of the custom built Solidity language which Ethereum uses)

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