Topic: STO's are not cryptocurrency's (Read 302 times)
To be honest, I do not see any big differences between STO and ICO. STOs are just a more secured way of holding a token sale, where every participant must undergo a full KYC process and this is it.
Yeah STOs are more like IPOs.
On the cryptocurrency aspect, I am still not sure. Maybe we can call it a "hybrid cryptocuurency"
I guess the best people to define what a STO really is are the people at SEC.
On the cryptocurrency aspect, I am still not sure. Maybe we can call it a "hybrid cryptocuurency"
I guess the best people to define what a STO really is are the people at SEC.
a STO has to go through regulations exactly as a IPO does, a STO has to be traded on a ATS or through a broker thus not being allowed to freely transact in a currency like manner thus not making it a cryptocurrency.
I don't think because those who conduct STO have to go through a verification process before operation make their coin less of cryptocurrency, STO companies issues security tokens to its investors which is still a part of a cryptocurrency. I think STO is better than ICO because it is regulated, this would prevent scam that we always see by many ICO projects because we don't have anybody regulating ICO projects, STOs gives investors more confidence.STOs are not completely crypto but also operate on blockchain Technology which is the main purpose of crypto currency, the most important thing here is the crypto currency irrespective of the vessel its using, ICO is just a vessel that has been corrupted by people’s greed.
At least STO's own form of investment is quite secured and protect investors other than the ICOs that are just coming up to scam and the ones that are not scams end up failing without returning money back to investors since there are no regulations or anyone to hold them responsible.
I do not even know whether STO will be able to fully replace the ICO, but this direction looks quite interesting. But while I do not see that it enjoyed the same popularity as the ICO.
Why not?
They are security tokens similar but different than utility tokens. I don't agree with you, they are a cryptocurrency too.
They are security tokens similar but different than utility tokens. I don't agree with you, they are a cryptocurrency too.
STO seems to be a security offer so that it does not look crypto, but this becomes one currency that might shift the existence of ICO, but don't know, the problem is not as easy as we imagine, just like bitcoin is still difficult to be accepted by all countries in the world.
You know STO is actually not planning to defeat the object of cryptocurrency but to add a form of security to its investment which ICO lacks, before the existence of ICO, there were IPOs and because it was being regulated, you hardly hear the case of scam because its difficult to hijack the idea, though ICO came with a plain purpose.But unfortunately, scammers and bad projects already hijacked the idea and this is what gave birth to STO which will just be a form of security to already built system and that is why STO is gaining more investors trust now and probably many ICOs too will shift to this.
I also thought on this topic and it also seems to me that the STO as a whole has nothing to do with cryptocurrency, if there is a need to undergo serious verification procedures that today pass a very large number of people.
Cryptocurrencies have different functions and can have many different applications. Therefore, I think that STO is a cryptocurrency. Tokenized assets are also cryptocurrency.
STO seems to be a security offer so that it does not look crypto, but this becomes one currency that might shift the existence of ICO, but don't know, the problem is not as easy as we imagine, just like bitcoin is still difficult to be accepted by all countries in the world.
As far as i know STO ( Security Offering ) is a type of investment in form of cryptocurrency but is backed by physical and tangible assets like land, building and machineries unlike ICO that is not so tendecy are developer will just lie that funds are already wasted and nothing to spend and will run afterwards.
This is also what I've read from other opinion and articles if they are not cryptocurrency then what this kind of crowdfunding is doing here, I believe that STO will eventually replace ICO because of it being more regulated than ICO.
STOs are just a more secured way of how to hold an ICO. This is a great solution to protect investors and the team members from fraud participants that want to exceed their personal caps. STOs will replace the ICO model in the nearest future.
a STO has to go through regulations exactly as a IPO does, a STO has to be traded on a ATS or through a broker thus not being allowed to freely transact in a currency like manner thus not making it a cryptocurrency.
Which is why stos are not existent anywhere and have low volume of projects participating in it
Most project prefer an ieo and also an ico
But worthless, I’m more worried about the profit
Someone else might prefer the security
a STO has to go through regulations exactly as a IPO does, a STO has to be traded on a ATS or through a broker thus not being allowed to freely transact in a currency like manner thus not making it a cryptocurrency.
Which is why stos are not existent anywhere and have low volume of projects participating in it
Most project prefer an ieo and also an ico
But worthless, I’m more worried about the profit
Someone else might prefer the security
Why am I not understand what you guys are saying? 
I see them to be the same though STO is just regulated much as the team has to be registered on SEC. They may not be scam but they can delay the project up to years which later you will still consider a scam. You'd rather just be staying with a project that has been listed already if you are to invest in crypto.
I see them to be the same though STO is just regulated much as the team has to be registered on SEC. They may not be scam but they can delay the project up to years which later you will still consider a scam. You'd rather just be staying with a project that has been listed already if you are to invest in crypto.
That's true up to this moment, and people prefer this over ico since STO is backed by company's share, likewise people are more secured with that. Little did they know the possibilities of what might happen. What we need now is strong regulation that will punish those people who are trying to use coin offering in their fraudulent act.
a STO has to go through regulations exactly as a IPO does, a STO has to be traded on a ATS or through a broker thus not being allowed to freely transact in a currency like manner thus not making it a cryptocurrency.
To the best of my understanding, STO is another form of token or cryptocurrency offering that is regulated. It is still a cryptocurrency and I'd maim difference from what we used to know as cryptocurrency offering ICO, is the security.
I think that STO is aimed at control in contrast to the ICO. On the one hand it is good, but sometimes it seems to me that it is even too much.
a STO has to go through regulations exactly as a IPO does, a STO has to be traded on a ATS or through a broker thus not being allowed to freely transact in a currency like manner thus not making it a cryptocurrency.
STO will be classified as a stock and it's not crypto. Those dumb ico never understand about that, there are some dumb scammers are using STO to create a new scam. We must understand about the real definition of that.
If that is the case then we can easily track if the STO is a work of scammers they need to show proof that they are security token and they are approved from the regulatory board, I'm sure some of these will fake their accreditation.
a STO has to go through regulations exactly as a IPO does, a STO has to be traded on a ATS or through a broker thus not being allowed to freely transact in a currency like manner thus not making it a cryptocurrency.
STO will be classified as a stock and it's not crypto. Those dumb ico never understand about that, there are some dumb scammers are using STO to create a new scam. We must understand about the real definition of that.
STOs will be a great addition to the crypto ecosystems when eventually there are better framework for the implementation.They will offer a huge doorway for companies to tokenize their assets and make it much more accessible to the general public, that will improve the image of cryptos (as well as market capitalization)in general.Some platforms like Tezos hold a lot of promise in this regard. The down side may be that there may be too much legislations regarding STOs.
yes you are right, because that's why many new projects are still using ICO to collect development funds. STO may be good because investors get guaranteed funds they invest. but we cannot get tokens or coins from the investment.
Yea I see a lot of talk about STOs being the new ICOs when in reality they won't, technically impossible for it to be so and if we had so many ICOs and alot of it was just copy of the other how many of these STOs will be able to come up with their own unique ideas and tech? Just because a project is a STO does not mean it will have real value also or serve a true purpose.
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