This topic should be moved to "Altcoin Discussion". Use the "Move topic" button at the lower right corner to move it.
The current trend is STO Security Token Offering. Nothing new here since new names are needed once people get accustomed to older names and they want to join into something new. Its normal human nature to do that.
STOs are no different from ICOs than claiming to be "secured" than ICO. These people are trying to gather the attention from investors who lost money due to the bear run in the market that made ICO coins drop and they are being fed with the BS propaganda that having a secured token will mean their money in also secured when actually its far from that.
But some idiot wannabes never learn. Thats why they are idiots and thats why these cashgrabs work in effectively draining out their money.