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https://blog.polymath.network/what-is-a-security-token-offering-sto-4e5a92bf6bca
What Is A Security Token Offering (STO)?
We all know that the ICO space is huge. In fact, 2017 saw startups raise a massive $5.6 billion. That’s no small feat. However, considering that trillions of dollars worth of securities are stampeding towards the blockchain, $5.6 billion is a mere drop in the ocean.
In a traditional ICO, tokens or coins are offered by companies for purchase as a form of crowdfunding. Purchasers can exchange their cryptocurrency (typically ETH or BTC) for a specified quantity of the tokens on offer. It’s a little bit like buying shares.
But, you are not buying shares…
What Is A Security Token Offering (STO)?
We all know that the ICO space is huge. In fact, 2017 saw startups raise a massive $5.6 billion. That’s no small feat. However, considering that trillions of dollars worth of securities are stampeding towards the blockchain, $5.6 billion is a mere drop in the ocean.
In a traditional ICO, tokens or coins are offered by companies for purchase as a form of crowdfunding. Purchasers can exchange their cryptocurrency (typically ETH or BTC) for a specified quantity of the tokens on offer. It’s a little bit like buying shares.
But, you are not buying shares…
