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Topic: Germany's First STO - Your thoughts? - page 2. (Read 1024 times)

hero member
Activity: 1360
Merit: 506
May 19, 2019, 04:54:05 AM
#91
I thought that STOs will mean a revolution in cryptocurrency start-up industry, but it didn't happen. All og past STOs are now more worthless than ICOs. I lost my desire to invest.
full member
Activity: 616
Merit: 167
May 19, 2019, 04:39:04 AM
#90
Germany or STO...
However, this is a credit platform. Until now, such projects have not been successful. And this is understandable: there is still a small adoption, so people use cryptocurrency not enough and do not create a large cash turnover.

There are a few popular credit type platforms. Cryptocom is launching a crypto lending/borrowing facility.

Similarly Dharma io offers has had one going for a while (was launched earlier this year) and does this almost entirely through smart contracts.

So in short, yeah there are a couple platforms that have pulled it off. Not sure about this first 'german STO'. I'll watch it out of interest, but probably won't participate.
full member
Activity: 234
Merit: 100
May 18, 2019, 08:29:45 AM
#89
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.

I haven't invested into IEOs or STOs yet, as i see them as just another rebranding of ICOs.

Great article though, thanks for sharing the content with us and the project looks interesting, they have raised over 2 million Euros already.
member
Activity: 602
Merit: 10
May 18, 2019, 02:41:53 AM
#88
Germany or STO...
However, this is a credit platform. Until now, such projects have not been successful. And this is understandable: there is still a small adoption, so people use cryptocurrency not enough and do not create a large cash turnover.

People more understand about ICOs rather than STO. I think Security token different than utility token and its more attactive to invest on security token because its regulated by regulators. I am believe in near future, people will see the potential of STO and could be profitable in next few years
full member
Activity: 770
Merit: 101
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May 18, 2019, 01:35:22 AM
#87
Germany or STO...
However, this is a credit platform. Until now, such projects have not been successful. And this is understandable: there is still a small adoption, so people use cryptocurrency not enough and do not create a large cash turnover.
full member
Activity: 428
Merit: 172
chenille!
May 17, 2019, 08:00:23 PM
#86
Savedroid was the only german ico i participated. They lost a lot of value and also did an awful fake scam joke. So i am not going to touch any crypto project if it is Germany. Even it is a sto, i would avoid it.

Oh yeah, if it's from Germany it must be bad... That's an interesting thinking. Roll Eyes
How does a shitty project represent the quality of every other project from the same country?
+1
I think we can call it ICO racism.

Just because some incompetent greedy idiots from Germany tried to launch a business which was many numbers too big for them and they failed badly but are too dumb to realise it, that doesn't mean that there can't be Germans doing a good project.
Every country has idiots not only Germany.  Wink
full member
Activity: 236
Merit: 100
May 17, 2019, 12:20:47 PM
#85
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.

I honestly just see STOs or IEOs as another name for ICOs. Any project can be bad regardless of what type of fundraising it's under. Always research the company throughly before putting any money down.

Saying that, after looking into the article and the website, it looks impressive. Raised over 2 million Euros, very strong team, backed by a financial body and also has a working platform behind them.
full member
Activity: 428
Merit: 172
chenille!
May 16, 2019, 04:52:55 PM
#84
I think STOs are just another name for an ICO and are nothing special. The most important thing is to research any project before investing. Saying that, this project looks very interesting and they have raised a substantial amount through their current fundraising phase.
The BaFin (German SEC) has approved their product and the BaFin has very strict regulations. Before Bitbond some other ICOs started in Germany and most of them were not regulated and scams like Savedroid or Envion. The regulation by the BaFin is no guarantee for success but they won't pass something with their agreement where they aren't sure about a good quality and save people from financial risks.
full member
Activity: 236
Merit: 100
May 16, 2019, 12:13:48 PM
#83
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.

I think STOs are just another name for an ICO and are nothing special. The most important thing is to research any project before investing. Saying that, this project looks very interesting and they have raised a substantial amount through their current fundraising phase.
member
Activity: 1078
Merit: 10
May 15, 2019, 03:18:58 PM
#82
I do not know much about STO projects, but this projects looks interesting. They have mentioned good investors and partners on their website, I will follow the development of this project.
full member
Activity: 244
Merit: 102
May 15, 2019, 02:55:43 PM
#81
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.

I think it's a positive step for ICOs to evolve and make them safer for potential investors, we shall see which one is better in time. Personally I think the STO market still hasn't developed and doesn't offer as much high reward as IEOs / ICOs.

The project above does look very interesting though, and they have raised a lot and have a very strong team, i'm keeping an eye on them.
full member
Activity: 1008
Merit: 101
May 14, 2019, 12:24:50 PM
#80
I have seen the website and there has raised funds of 2 million EUR, it seems that the first STO in Germany has a positive impact and in my opinion it will continue to grow because there is still around 54 days
member
Activity: 361
Merit: 17
May 14, 2019, 12:16:52 PM
#79
STO is a rebrand of ICO with some upgrades made regarding the security of investors and their money. Honestly I've never participated in one of those projects and don't know exactly how they work but from what I can see they are somewhat better than ICOs even though scams are still possible here and your money are not 100% safe. I think we'll have to wait a few more months until we can take a decesion about STO and how good they are.
Almost crypto members tend to give up on ICO because they used to encounter a very big loss from it. Anyways, we almost lose a huge trust on ICO. I don't catch too much information of STO, but in general STO is similar to an ICO, but whereas ICOs are the sale of coins, purported utilities or even currencies, STOs are the sale of securities ( i had copied this line from an article) , it sounds like pretty interesting. I've heard many of my friends gave good words of it. Actually, if it really works, we all will pay too much attention on it, right?. Maybe STO is created to take place of ICO and hopefully it can please many of us.
member
Activity: 278
Merit: 11
May 14, 2019, 11:54:53 AM
#78
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.

I think it's a positive step towards investors confidence as they are trying to make fundraising less risky, only time will tell if it will be successful or will leave more people burnt because they jumped on the hype train. I would suggest to everyone that they do heavy research into any project before putting a single cent into it.

The project the article is talking about looks very promising and i'm keeping an eye on them, they have already raised over 2 million Euros and are still far from the end date of their fundraising stage.
sr. member
Activity: 966
Merit: 274
May 13, 2019, 08:10:39 AM
#77
It seems an interesting project, I'm curious how much validity the German financial board has in regards in the crypto world, I've heard a bunch of projects claim they are backed by something that adds to their legitimacy, can anyone elaborate on it? 

Well, in terms of what you've said about they are backed up by some entity in the market, think of it again, it was just like buying back their token in order to show that they are having a huge number of supporters as simple as that, but if they can prove it in some ways then why not to trust them?
full member
Activity: 504
Merit: 127
Match365> be a part of 150BTC inviting bonus
May 10, 2019, 08:54:57 AM
#76
Looks good to me on their first STO. The first STO from Germany is very great on my understanding since their project is 6 years ago. So it's not a project on a blueprint. It is a physical project. But, this post was a month ago but they only raised $2m. Although it's big but I don't see any soft-cap on their lightpaper.
sr. member
Activity: 1008
Merit: 355
May 10, 2019, 08:49:55 AM
#75
I have encountered this project as it was referred by my friend to take a look and it seems a really good project. Knowing before they make their STO they are already a established company. And they have licensed to conduct STO and its sealed the legitimacy of the project.

There had been some interest on STO in 2018 but it slowly lost some flame towards 2019...maybe because people are not seeing many differences with the usual ICO platform. I am wishing that Bitbond can be a different project and can show how STO is being run. This is not a neophyte project actually and I think the team has the potential to make it a big success. But this is not an endorsement of the project, however. Let the investor analyze the whole thing and decide for himself.
member
Activity: 644
Merit: 10
May 09, 2019, 04:07:58 PM
#74
I have encountered this project as it was referred by my friend to take a look and it seems a really good project. Knowing before they make their STO they are already a established company. And they have licensed to conduct STO and its sealed the legitimacy of the project.
member
Activity: 434
Merit: 10
www.thegeomadao.com
May 09, 2019, 02:09:34 PM
#73
I have also gone through this project recently. It seems impressive and promising as it claims to be the first STO of Germany. But does it matter whether a project is the first STO of a country? I think honesty, integrity, transparency of a project matters a lot. How much fund a project has collected to push forward it and how many investors it can attract matter a lot. Good luck to the project.
member
Activity: 644
Merit: 10
COVIR.IO
May 09, 2019, 07:07:16 AM
#72
STO is a rebrand of ICO with some upgrades made regarding the security of investors and their money. Honestly I've never participated in one of those projects and don't know exactly how they work but from what I can see they are somewhat better than ICOs even though scams are still possible here and your money are not 100% safe. I think we'll have to wait a few more months until we can take a decesion about STO and how good they are.

I think STO is better than utility token because its security. Investor prefer invest on STO because its like a stocks and as far i know its regulated by regulator. Most ICOs are not regulated and scammers always launch ICOs because they knew its not regulated and hard to pursue scammers
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