Topic: Germany's First STO - Your thoughts? (Read 1045 times)
Bitbond, what a scam it is! They cheated with bounty hunters. In my crypto life, I did not see this type of joke! They gave 5-10 BB1 shit token for doing signature for months where they promised 2 million USD for the bounty campaign. I feel lucky that I did not invest in this shit project.
Bitbond has been a leader in P2P loans for quite a time but like every other p2p sites, they faced many problems specially from the borrowers due to the fluctuation of price of bitcoin. If you visit the site now, there are no listings. Either they are shifting their strategy from P2P lending to some other financial strategy or it's just another exit scam.
I got to know about the Bit bong project right before they joined the cryptocurrency space because they were a proposed financer for a health Starr up in Country which didn't really turn out as excellent as expected. Yes, it is a good company on P2P loans service
That looks so crazy to see untrusted platform gets a license from the regulators, STO is not even comparable with ico and IEO people are still choosing ICO rather than STO.
I've never even heard of STO's before this thread. My gut feeling is that this is getting out of hand, that people and institutions are just jumping on the bandwagon of what they perceive as ICO success. Could be wrong, but I bet I'm not.Exactly, One more Germany based STO ( security token offering)
Thank you for defining the abbreviation, else I wouldn't have known what it meant. Aren't all tokens considered to be securities? They are in the states, which is the big reason why ICO's aren't allowed here (I think).
Exactly, One more Germany based STO ( security token offering) has launced called MEGA token STO. It is stellar blockchain-based. Trading ongoing on stellar dex exchange. You can see details at http://megafan-sto.eu Mega sto's online store http://www.megafanstore.com, http://Www.3dminifan.com
For details, You can join their telegram group at https://t.me/megafantoken
For details, You can join their telegram group at https://t.me/megafantoken
Being a German first STO doesn't mean much in this era as projects have proven they can be backed by something and yet fail woefully at delivering anything in their whitepaper let's focus on the project development not its backup.
in the end they have to see performance in the development team. if they work well, maybe whatever sales they get can produce a good increase in market prices. we must not despair with market conditions. we see how their progress works in the market.
Being a German first STO doesn't mean much in this era as projects have proven they can be backed by something and yet fail woefully at delivering anything in their whitepaper let's focus on the project development not its backup.
If you are looking for buying some tokens then you are late.
I invested into Bitbond because I see a big potential in this coin:
1. they are regulated
2. they have working business
3. they promise passive income
They have everything to make really good coin.
I invested into Bitbond because I see a big potential in this coin:
1. they are regulated
2. they have working business
3. they promise passive income
They have everything to make really good coin.
From all their strategies the project seems to be a really nice one. I just want to be sure that the project will not suffer any form of interference from the Germany Government with anything relating to securities
if they have received permission from the German government, I think the project can run safely. if it's been successful in sales, hopefully they will get support from their community, especially from their country. full member
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From all their strategies the project seems to be a really nice one. I just want to be sure that the project will not suffer any form of interference from the Germany Government with anything relating to securities
Its a great project indeed and being regulated makes it more interesting and at the same time safe for investors to give it their best. Most investors fear investing into ICOs sake of scam but guess the regulated STO is here.
The Bitbond prospectus is very good and thorough. It discusses many of the usual risks faced by many companies tokenizing or using crypto and blockchain. Many ICOs do not review internal and external risks to such a degree. The fact that Bitbond has thought about many of the risks and has ways to minimize them helps the stability.
Its a great project indeed and being regulated makes it more interesting and at the same time safe for investors to give it their best. Most investors fear investing into ICOs sake of scam but guess the regulated STO is here.
Hello everyone,
Recently I discovered this STO called Bitbond. They are Germany's first STO with a BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht. It is the German financial regulation authority) approved Prospectus and will be using BitGo’s Business Wallet. I am curious what you think about the project. Do you think STO's are the next evolution in ICOs? Or just a rename? You can look at the article below.
https://www.bitbond.com/resources/bitbond-works-with-bitgo
Also if you want to visit their website, you can do that by clicking here - https://www.bitbondsto.com
They have already raised 1.8 million Euros according to their website and they are in their fundraising phase.
Recently I discovered this STO called Bitbond. They are Germany's first STO with a BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht. It is the German financial regulation authority) approved Prospectus and will be using BitGo’s Business Wallet. I am curious what you think about the project. Do you think STO's are the next evolution in ICOs? Or just a rename? You can look at the article below.
https://www.bitbond.com/resources/bitbond-works-with-bitgo
Also if you want to visit their website, you can do that by clicking here - https://www.bitbondsto.com
They have already raised 1.8 million Euros according to their website and they are in their fundraising phase.
STOs are good as they are tokenized real world assets. More importantly the peer 2 peer lending provides dividends higher than traditional big bank stocks, bonds, CDs and annuities.
You can read my latest blog post that compares Germany's first peer to peer lending STO called Bitbond here:
https://icochat.wordpress.com/2019/07/07/cryptocurrency-and-income-investing/
meanwhile i changed my opinion about bitbound and find the bounty of the sto interesting. in addition, the project seems really serious, but whether they will be successful, i can not say either.
The main differences between Security Token Offerings (STOs) and Initial Coin Offerings (ICOs) is that STOs are regulated whereas ICOs aren't and the tokens issued by the former are considered securities and are generally available only to registered or accredited investors and this fundraising model will soon become far more popular as the industry develops
Hello everyone,
Recently I discovered this STO called Bitbond. They are Germany's first STO with a BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht. It is the German financial regulation authority) approved Prospectus and will be using BitGo’s Business Wallet. I am curious what you think about the project. Do you think STO's are the next evolution in ICOs? Or just a rename? You can look at the article below.
https://www.bitbond.com/resources/bitbond-works-with-bitgo
Also if you want to visit their website, you can do that by clicking here - https://www.bitbondsto.com
They have already raised 1.8 million Euros according to their website and they are in their fundraising phase.
Recently I discovered this STO called Bitbond. They are Germany's first STO with a BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht. It is the German financial regulation authority) approved Prospectus and will be using BitGo’s Business Wallet. I am curious what you think about the project. Do you think STO's are the next evolution in ICOs? Or just a rename? You can look at the article below.
https://www.bitbond.com/resources/bitbond-works-with-bitgo
Also if you want to visit their website, you can do that by clicking here - https://www.bitbondsto.com
They have already raised 1.8 million Euros according to their website and they are in their fundraising phase.
I found this project working really, but I found their website quite simple to look like a potential project. However, through the newspaper pages about them, they make me think that the judgment is not correct and maybe I will invest in this project.
Please don't jump into conclusions:
Though Bitband STO offering had been a success, it doesn's necessarily mean that STO is the next generation of ICO. The success is due to Bitband's credibility through years of lending services. However, we are not guaranteed of the succeeding STO's success. Let's wait and see what will happen to this project. One thing for sure, this platform uses the blockchain efficiency to redefine lending system.
Bitband will be another STO for useless songs on the blockchain.
I read some articles about the success of the STO of German-based lending platform. I think the success can be attributed to the trust of investors because of the regulations and security offered by the STO itself.
I think this is just renaming because it has a the same function and characteristic. For my own opinion it is good for the crypto industry because I will see that this will be a strong crypto in the future. Germany is rich country so it can support every coin that they want to launch. And because some of investor are looking at the country where crypto originate before they invest like btc came from Japan that expert in using technology.
Though Bitband STO offering had been a success, it doesn's necessarily mean that STO is the next generation of ICO. The success is due to Bitband's credibility through years of lending services. However, we are not guaranteed of the succeeding STO's success. Let's wait and see what will happen to this project. One thing for sure, this platform uses the blockchain efficiency to redefine lending system.
I think that the good old ICO is not where it has not gone. We are waiting for changes that will take into account the mistakes of the previous model of the ICO and create something new.
Though Bitband STO offering had been a success, it doesn's necessarily mean that STO is the next generation of ICO. The success is due to Bitband's credibility through years of lending services. However, we are not guaranteed of the succeeding STO's success. Let's wait and see what will happen to this project. One thing for sure, this platform uses the blockchain efficiency to redefine lending system.
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