People are fucked up with the word ICO and so they change it to STO and think that this will bring a restart in this space. Yet in fact this is just another scheme of fraudulent with the promise that you're not just investing in a coin but rather in their company and surprisingly people hop in. Well, wish you all the best guys.
At least STO guarantees security and can assure investors of the safety of their investment.
Yes, I know that most ICO scheme are fraudulent and a way to extort money from the innocent investors and it was this action that gave birth to STO since ICO already pushed IPO out of relevance though we still have some existing initial public offering that I would rather invest in than ICOs.
Hence, we really need to embrace STO to ICO so that the safety of investors can be guaranteed unlike this scam ICO that has no future other than line through their whitepaper and hype their sales volume.
I'm with you on this one. STO might be one of the answers to change how ICOs are being handled.
With the security that they are offering to potential investors, ICO will soon find themselves deserted by investors.
Fraudulent ICOs were rampant last year and many have lost their savings. I think it's high time to change this course.
Bring back the trust of people with new projects and make the crypto environment credible again.
