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Topic: More than 80% of ICO's launched in 2017/8 Were Scams, STO's are the next step. (Read 406 times)

hero member
Activity: 2030
Merit: 789
Top Crypto Casino
Security Token offerings are looking like the next big things after ICOs. I've been seeing several posts about it recently. While I'm not a huge fan of regulations for Cryptocurrencies, I feel Its a welcome development and should help curb the excessively amount of scams. On the other hand, ICOs did provide gains which I'm not sure STOs would come close to achieving.
sr. member
Activity: 980
Merit: 255
We cannot ignore that there are many scams in ICO projects that make every investor or participant get the big risks. However, so far, this is the only way to come up with the new project promoted. If the STO is much better and can decrease the scams, why not? But, give us the proof and solution.
Nothing is going to change, as long as there is money to be made scammers are going to find a way to try to get to your money, what we really need is that developers are more serious about their projects and they present their ideas in a more professional way so we can more easily distinguish who is for real and who is just trying to just get money but we also need investors to improve as well and not to invest millions on dollars in an ico with just a website to show to them.
full member
Activity: 798
Merit: 101
I can't imagine STOs, in this case only big whales would enter this game, ordinary people will buy just on exchanges.
I don't think that a lot of STOs will appear
full member
Activity: 602
Merit: 100
I've heard this theory,but I can say that 80% of SCAM and scammers,and the percentage of 20-40%,but the majority just because of the market,and manipulations get away from it,although initially was really a working team,and developed product worthy,so not the fact that STO next step will be!
full member
Activity: 383
Merit: 100
Yeh we all know than market of ICOs isn’t still regulated. That’s why there is an enormous amount of scam projects. STO’s will try to change the situation. People don’t believe in the new projects anymore.
Ucy
sr. member
Activity: 2576
Merit: 401
Security Token offering? They're  probably looking for a way to mt or  to regulate these things?
 Well, as long as it doesn't violate the ideals of cryptocurrency or tries to replace ico.
I think ico is great, just needs to be  strengthened,  more  decentralized, make  funds raising hard for scams, improve anonymity,etc
sr. member
Activity: 756
Merit: 250
Can someone explain to me what are STO's and why are better than ICO's ? Are more stable ? Are they offering extra safety for their customers ? It seems that most of you belive that STO's are the next big step regarding to projects on crypto and blockchain so this made me curious to go and search about STO's
It seems to me that the difference ze7 is waiting for such projects only in a more rigid provision of personal data by investors and project participants. As far as I understand the comma. This system will not eliminate fraud, but on the contrary will toughen the provision of KYC for users of cryptocurrency.
member
Activity: 171
Merit: 50
Crypto will save my kids!
Can someone explain to me what are STO's and why are better than ICO's ? Are more stable ? Are they offering extra safety for their customers ? It seems that most of you belive that STO's are the next big step regarding to projects on crypto and blockchain so this made me curious to go and search about STO's
hero member
Activity: 2674
Merit: 713
Nothing lasts forever
Well we can't really say how would STOs work in the crypto world. As far as I understand, the security token a STO is going to provide must be trust worthy and profitable in the market.
If it fails in that then the whole point of launching a STO would be diminished. STOs does have a better scope than ICO in my point of view but then it also depends on many number of factors whether a STO will be successful or not. The survival of STOs is in it's own hands.
member
Activity: 350
Merit: 10
STO is very good for every ICO and for investors. People should understand that they are not deceived. I think any changes necessarily lead to a better result. The only problem is a very long implementation of this change.
member
Activity: 308
Merit: 10
I hope STO will be a better solution for the cryptocurrency market and investors participating in ICO projects. 2017 and 2018, there have been many projects that are scams and it has worsened the cryptocurrency market a lot, many people think crypto is a scam because of these ICO projects.
member
Activity: 662
Merit: 11
www.cd3d.app
I support STO. but if we pay attention there are still many new projects that use ICO. for the beginning, maybe STO has not been so popular because there are still many investors who think that STO has too many rules.
member
Activity: 490
Merit: 10
STO is the more secured way of holding a token sale and I believe it would help to protect crypto investors from different art of scam projects. It is a good improvement and I hope there would be less fraud projects on the market.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
I hope that STO will be a big step forward, and not a trampling on the spot which we saw in 2018. However, if the bearish trend prevails on the market throughout the year, I don’t think that STO will be able to greatly influence the situation. We'll see.
legendary
Activity: 1372
Merit: 1001
It's definitely not a final form. We can't even imagine what will be in 5-10 years, everything could be significantly changed in comparison with nowadays technologies we used to. STO is just the next step forward and I suppose there will be many more of them.
member
Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
Statistics really does not lie. I think that these are very big problems for the global economy, but in general today there is a really right direction for development. This is of course STO, but I think that there are holes there too.
copper member
Activity: 94
Merit: 0
I have been taking a close look at STOs in recent times and I see the merits of what you just said, it seems STOs are doing quite well even with the present state of the market.
jr. member
Activity: 249
Merit: 1
Let's hope that STO will really bring the benefits that they expect from them otherwise it will be just a rename ICO!
full member
Activity: 872
Merit: 120
Security token offerings must have license into selling securities. Unless the STO organizer has license from all jurisdictions where they want to sell, it's illegal from very first transaction.

In other words - without a license from proper authority, STO's are scams.
sr. member
Activity: 1008
Merit: 355
STO is not a good solution, investors still want anonymous investments. I think instead of switching to STO it's better to make regulations to tighten the ICO project launch

but if we need anonymous investment to be implemented as a whole, it actually makes the blockchain not transparent, and will make more problems than as a solution. anonymously can be used as an optional. I also didn't agree STO can be a solution for this.

No, I don't agree that most ICO investors wanted to be anonymous in the first place. Remember that many projects have already implemented the KYC requirements and many investors followed the policy well. If there is a way that can protect them from so many scams, many will be so willing to step in. The current ICO system will eventually die all because investors are now uninterested to be throwing money into air and get a balloon in return. When an investor experienced money burning, he will be dismayed and will not be returning into the table unless something good can be offered to him. This is the big reason we need to demand something that is better and transparent from start to finish and stop this non-sense of using the blockchain and cryptocurrency to fool people out of their hard-earned money. It is quite a sad thing that we let these scammers take advantage of this good platform and not offer protection to the many investors.
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