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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.

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? 

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. Bitbond is such a disgrace in the STO industry about how the platform with a bunch of complaints can run STO. You should check the official announcement and you will see that.

I hope that everything will go very well with them, because I believe that cryptocurrency will be able to break out into legalized space through developed countries, whose economies can really withstand the ordeal.

I'm very curious about the STO market.

I remember at the start of the year everyone was raving about STOs as the next best thing and they would kill ICOs but as of now I've not found a great STO. This one looks promising and they have already raised over 2 million USD and they still have a month to go, so it's working very well.

This project could be the one that sparks the STO market into life, it needs it.

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.

STO looks more safer than ICO, but STO has some problems that can slow down its the popularization.
Legal support of the STO-project, release of the security-token and study of its functionality will cost a much larger amount than with ICO

Previously, I have seen several lending projects. even though it managed to penetrate the popular exchange market, a project like this lost much of its value and seemed to not run smoothly. Maybe, I appreciate because the project was approved by the securities to run STO for such a project.

Looks like a quality project especially great to know that it is properly licensed from german financial authorities. Regarding the project i would have liked it more if it was a real business project i mean something that generates revenue on its own but i was a little disappointed to know that it was a simple lending service i am somehow not a fan of loan based projects.

You should research thoroughly about the project. If it is a big project as you say, evaluate it. But, I guess a good project is not overshadowed.At least we would hear something.

IEO may be different from ICO. But definitely there is no difference between STO & ICO. Both of same. But it is great to see an German project here. I think Europe's interest is getting bigger day by day.

last year im joining one of the big ICO project from Germany called savedroid, i think that project surely gain success with fund around 50m$, and i think this project could be success to due to a big name of Germany country.

STO is actually just an upgrade of ICO with many regulations to be certified as a STO. But the current trend is the IEO, and it helped the market and Bitcoin to rise sharply in the past few weeks, I think the IEO will continue to be the trend in the next few months.

Forget First STO from Germany, what happened to the Saveroid that was made from Germany? The CEO did an exit scam, when they finally got listed, the price got badly dumped. Loss all my cash from Made in Germany. When next you here first from Germany, just stay clear.

First of all i would like to say that the projects from Germany usually succeed in the ICO business and i would always join them (bounty hunting or invest) because they have the most trustfull ICO's. When i check tehir website i liked it very much, options of instant Funding and Availablity for everywhere in the world something sounds great. But i can't find their telegram channel in their websites and that kind of project must have active telegram channel.

grermany has got loads of prospects in the space of crypto and many other countries also consider their take in certain events and occurrences and their involvement in the crypto space is just another feather it compensate for the massive acceptance in the crypto community around the globe

german STO projects may be as good as german cars. so I'm sure that we will see many more german STO projects to come.

Its not my type whose clicking every link provided in this forum as i know some phishing happens here,but i dont care if it was ICO,STO or IEO whats important for me is what this can give to the investors and if this is really legit or another damn scamming again or manipulation.so people must decide wisely for this is another area of peofit offering agaiin

Of course, this is very good news for the market, since the creation of this organization in each country will increase the population popularity of cryptocurrency as a whole and also protect investors.

Based on what I know, I think STO also operates on blockchain technology, just that they are regulated and fully registered which makes it absolutely impossible for people to be scammed through STO, because if they do, they can easily be cracked down by government and arrested, which will make investors’ money to be refunded, that is why it will become very much better than ICO, iCO now is lacking serious respect and lots of investors are shunning it, the best any genuine ICO can do to raise fund is either go through IEO or through STO. I am happy both STO and IEO are coming same time to help sanitize crowd funding system.

I am kinda shocked that the STO market has not evolved as everyone expected as IEO's came out of nowhere.

This does look like an interesting project as it has everything you look for in a project (strong team, decent whitepaper) and more (the fact they already have a successful business behind it).

Lets see how successful this project is as it could spark the market.

Germany is the biggest economic power in the EUROPE region but I don't think they will be successful as a start point of STOs. Maybe I am not right but this is what I think about their new idea.

For some reason, it seems to me that nothing bad will definitely happen there and I hope that sooner or later you and I will hear positive news that BTC or other cryptocurrencies are now accepted in Germany.

In any case, new companies in this system will have real prospects, since in my opinion investors will be convinced of the safety of their funds. Of course, if there is a real system of returning the money spent, if the company fails. Legal guarantees for cryptocurrency users should come first.

Interesting project. Since it is supervised by the German financial regulator BaFin, I hope this would be solid. It has a working product already which is 6 years old. I think buying securities without the help of banks from anywhere around the world would be a revolutionary idea. I am really interested to be updated on this.

the project sounds interesting, but just because it comes from germany, it does not necessarily have to be a success. you should never forget something like that. but i will keep the project in mind.

Why not?The fact that they are from Germany,only adds to the confidence when investing in this project.Only if I'm not mistaken this is not the first project from Germany.

The success of their project is not really ties to the country they came from, if they were German and had gone through ICO, I am sure they would have failed, the reason why they will be successful is just the decision of the investors to trust the platform they are coming from, which is the STO platform.

Since STO projects are being regulated by SEC which makes it very difficult for anyone to get scammed, investors will quickly respond to it provided the project they are proposing is also viable which I am sure the SEC would have vetted too before allowing it to run on the public sales.

It is very promising that this STO is approved with BaFin as it is a very strict financial regulation authority in Germany.
Checked the Bitbond and it is a lending platfrom and  I am not interested in those kind of  projects but analyzing it everything seems legit and the team is also very active.

STO is not gaining so much popularity as I thought it would.
Also there are quite some number of STOs that are not fully complaint. If thee is any platform that claims to be running an STO an yet not registered with SEC, I I'll not still go for it.

STO have not taken off as everyone expected, I see it more as a rebrand of ICOs overall. But this project does look interesting and they have a strong team and raising a strong amount of money.

Only time will tell if STOs really take off in the market. Maybe this STO will spark the market of STOs, regardless I am keeping an eye on this project, looks a lot better than most STOs and even most ICOs.

Are you sure about this, because this site shows that it’s already an STO project and I can see they already have a link for application which is functioning, I have also come across one of recent showing proof of how much they have also raised so far.

The reason why I got discourage or didn’t pick interest that much in STO projects I have seen so far is the interest being offered, is quite too low for me to tie my money down for a year, when I know what I can get through ICO or IEO not even using up to the required amount, STO might not really have more popularity because of these low interest being offered which is even a fixed one.

It looks a very interesting project and hopefully it sparks the STO market alive, because at the start of the year everyone was saying how STOs are the new ICOs and they allow more regulation and less poor projects to raise a lot of cash.

So far I haven't seen one apart from this project which looks very good. They have a strong team, a company that is successful behind them and it seems the country of Germany behind them.

I am keeping an eye on this STO and I might have a gamble later on in the campaign.

Seems interesting! Sto from Germany would be worth trying. This should go well in order to avoid the ICO impression. Success would open up new channels!

I believe that they are going to push the industry, because if it goes well, a lot of projects will follow, because Germany is one of the leading countries in Europe, so I believe that they would have a good influence.

Germany definitely makes a great contribution, but it is also important not to forget about Switzerland. I believe that this country is much more influential than Germany

Not really sure that nowadays Germany means quality.
Those time are gone.
If without Germany, I can't see anything special about this project. In Germany too many scams as well.
I am sceptical about this project ::)

For us, the project from Germany, which was approved by the financial regulator, is good - a positive movement, but the project itself i don't like, I would not invest, although the watch will be helpful.

I hope that STO can be better than ICO, it seems I want to try a project that generates funds using STO.

The amounts that the project has already collected are quite impressive. It will be interesting if such a project enters the cryptocurrency market.

I never thought that there is a project running about STO, STO is one of a good kind of cryptocurrency investment

This may be because STO  is one great secured tokens and beisde of that it is being registerd and being under the watch of an government. this literally increase a token luidity for a crypto watched under the government to ensure projects capability and workability.

Looks a very interesting project, and it's impressive they have raised over 2 million, and they still have another 13 days to raise some more. Not too shabby indeed. They also have a very strong and large team.

Lmao. Ever since my disappointed with Savedroid (SVD) with their made in Germany adverts and jingles, I have decided not to show interest in any project trying to use its country of origin to brand it. It is most times a scam.

I was also a supporter of SaveDroid and it was a horrifying experience for all when the staged a fake scam publicity. Subsequently, SaveDroid lost its footing in the industry and though the project was actually good people got sourced with what they had done. A big mistake that can be so hard to correct as it was damaging their reputation and we know that once reputation is gone then things will start to spiral away. I am hoping that Bitbond can be different and can live up to the expectations of the marketplace. 

After taking a look into thier website and the team setup.... seems not interesting for me...
Very similar feeling as the other projects that are failed..
There were hundreds of projects of lending platform but until now, who is still alive？

Take time and study the whole thing about STO mate, they already have a fixed amount you can earn on your investment, check it very well before you wish for STO than ICO. The only edge STO has over ICO is just the security they guarantee, but for returns on investment, STO projects are very porous in that, unlike ICO projects that when successful, you might sometimes get over 1500% of the investment, but I think the highest you can even get on STO project will not be more than 20%.

So, I will rather struggle to partake in IEO project than to go waste my valuable time on STO projects that will just tie my money down for a token.

lending platforms had a lack of trust but this german project may become something different. usually german projects are legal and have success.

It seems that the legal norms seem to be getting closer and closer to the cryptocurrency, and I hope that there will be more laws to plan the cryptocurrency in the future. French law is very rigorous, I don't know how practical the Savedroid project is, and research is under consideration.

In my opinion, there's something dicey about the project and I think it may be a red flag. I don't want to contribute to the publication of FUD, I just advise that everyone should make a thorough check before investing.

In 2018, a very large percentage of ICOs registered in Germany failed, and as a result, many investors lost their money. Now, ICO has been replaced by IEO and STO, but since this type of investment is too young, it is difficult to judge this objectively. At the moment, IEO is a profitable and fairly safe way to invest compared to STO and ICO, so many people have chosen this method lately.

I think that everything connected with Germany can be called qualitative, maybe with regard to cryptocurrency it will turn out that they will have much more opportunities to really use all the best.

Will  Bitgo still be a "cryptocurrency" under government regulations?  I don't think it'll qualify as a cryptocurrency with this alone. It can't be a proper blockchain and be regulated at thesame time by government

in any case, I am very pleased with the conversations at the G-20 summit regarding cryptocurrency, where Germany is not the last.  Of course, the fact that the government controls cryptocurrency will be alarming, but we must understand that the blockchain will be introduced into all spheres of human activity, including the emergence of a certain cryptocurrency.  In addition, you can take to the attention of the decision of some States of America, which recognized certain cryptocurrencies as digital securities, including digital assets. 

Very interesting news, it looks like the crypto world winckles to the german authorities, i wonder what will happen next, perhaps Germany will become a paradise for altcoins? :P

For me I still don't understand the noise surround all these STOs arrangement, they must be having high  potential to succeed in the space, when there you are a Doctor PHD, Developers most of them are not rely offering something juicy to investors  to make people drop ICOs and now IEO for STO

It's a decent looking project (The one mentioned above) but honestly I don't see that much of a difference between ICOs and STOs it's the same horse with a different name. Always focus on the project itself, not if it's an ICO, STO or an IEO.

They are raising as well, according to their site they have already raised over 2 million Euros, and they still have 10 days to keep raising, looks a successful project especially in the current market.

I'd blindly trust them. Bitbond had been here for quite a long and had done a good business for a long period of time.
But a fixed 4% per annum and probability of getting 4% more won't lure me to invest in it.
There are many other options that provides better return of investment.

I think this is another step towards full control over the crypto-market, a free decentralized market is an impossible dream.

I've invested in all three (ICOs, STOs and IEOs) and they are all flawed. It really depends on the project. I would suggest that if anyone is looking to invest they do their home first.

It doesn't matter what classification they are in, if the project is bad, it will fail. I like the fact they are trying to evolve it though.

This project looks interesting though, They have raised a lot and they are still in the fundraising stage.

Fundamentally, an STO is an ICO that complies with securities laws
and make it more secure to investor
look like it will be great movement from bitbond

Security Token Offerings are only likely to solve one kind of fraud. The kind where the people running the project turn out to be completely fictional. It will do nothing to save you from inexperienced operators that promise more than they can deliver or people who will raise money just to pay themselves a salary while running down the money raised without doing much to complete the project. Don't let it lull you into a false sense of security. You still have to conduct your own due diligence.

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.

Great article, thanks for sharing the content with the community.

I think IEOs are the hot thing right now, nobody is talking about STOs. This project does look very interesting though, i will keep an eye on it.

No matter what form of token sale cryptostartup offers. The main factor of success is whether the token has a real use. If it is utility token, then you can be sure that it doesnt have any use.  :)

Well, the BNB token is also a token that is used only on the stock exchange and it has no other use than to reduce the commission, but in spite of this the price is constantly increasing

I don't know why people even bother on STO. Less people talk about it and am yet to understand the value it adds to the crypto space. People still prefer ICOs and IEO

those ideas looks like diversion to me when the markets was down. They have not made any new impression with the STO idea. however, we have not seen more of STO in the market like we expect. Like you said the success is in the use case that can drive the demand volume of the token

To make STO much more difficult than ICO, the project may face a huge number of problems and regulators.Honestly, I would have avoided this project. maybe I'm wrong, it's everyone's business.

I am not usually fascinated about country of origin. I don't see it as a major factor to determine the success of a project. STOs are still Overrated and none has shown its worth till date. I rather prefer ICOs/IEOs, buy my coin and trade it for profits

If this STO already registered in BaFin, i think its good investment and legit cryptocurrency. Not many token registered in financial institution and  its not wondering if already raised 1.8million euros. About IEO or STO, its about held by exchanger and security token registered by regulator

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

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.

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.

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.

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?

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.

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.

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

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.

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.

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.

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.

+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.  ;)

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

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.

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.

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.

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.

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.

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.

Please don't jump into conclusions:

https://i.imgur.com/9UiOkgw.jpg


Bitband will be another STO for useless songs on the blockchain.  ;)

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.

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

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.

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/

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.

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.

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.

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.

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

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.

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).

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

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.