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Author Topic: How about STO token?  (Read 483 times)
baryonlee (OP)
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October 16, 2019, 02:26:54 AM
 #1

Reading a ANN

https://bitcointalk.org/index.php?topic=5192773.msg52761913#msg52761913

Do you want hold it?
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October 16, 2019, 03:19:31 AM
 #2

I don't wanna hold it because STO is dead and no more shitscam STO . Desico, bitbond and many more shit STOs are enough to be a proof if STO in crypto is dead.

But I feel curious about you said that if the company has a solid revenue and why don't you just conduct an IPO rather than STO?
That's more suitable for your company consider you said it has already generated decent revenue and that means your company has a product.  Huh

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October 16, 2019, 04:21:38 AM
 #3

I don't wanna hold it because STO is dead and no more shitscam STO . Desico, bitbond and many more shit STOs are enough to be a proof if STO in crypto is dead.

But I feel curious about you said that if the company has a solid revenue and why don't you just conduct an IPO rather than STO?
That's more suitable for your company consider you said it has already generated decent revenue and that means your company has a product.  Huh

Conducting an IPO has a lot more to do with regulations, licensing and compliance than revenue or profit generated by a business. Since it is a singapore based comapny and I am not aware of what the laws are in effect there, i would not comment on it.
But in anycase, sto or ieo or whatever, that project looks like shit to me. The stories of having profitable revenue also sounds dubious.
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October 16, 2019, 05:37:02 AM
 #4


Hold it? No. I don't even want to buy it. I know that those valuation and user growth charts on their homepage are supposed to be estimates, but that small print doesn't even read it in anywhere. Now they look like promises. And as they can't know their numbers in future, it's just a huge red flag.

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October 16, 2019, 06:11:37 AM
 #5

No, that project looks pretty bad, no matter if it's an ICO, IEO or STO, I wouldn't touch it with a 5 foot pole.

Regarding security token offerings, I believe they are the more legalised versions of ICOs and offer a share based system, I've been interested in Polymath previously as the architecture for them, and they've actually had some decent success, but it's usually pretty high minimum investment amounts and a lot of legal work.

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October 16, 2019, 06:12:07 AM
 #6

I would not in any case it would not have kept if I had such tokens. And would merge immediately, because after reading the thread didn't see anything intriguing and new. Another bullshit
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October 16, 2019, 06:16:30 AM
 #7

Sorry i won't dare invest in any STO project and even this one looks not great at all, STO tokens have worst history record since release and no single STO project became successful, the results are pretty bad

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October 16, 2019, 06:28:42 AM
 #8

Sorry i won't dare invest in any STO project and even this one looks not great at all, STO tokens have worst history record since release and no single STO project became successful, the results are pretty bad

Of course there is none because STO involves regulation while cryptocurrency is labeled as an unregistered security offering as SEC stated multiple times before.
there is no hope for STO for now because of the regulation, it is advisable to avoid STO because of the problem we are facing with regulation.
a problem will occur once the sale finishes because the regulators will sue the project and force them to close it. Totally not worth it

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October 16, 2019, 06:42:55 AM
 #9

For some time in 2017 and 2018 STO become hot topic almost every crypto investor get involved in STO project But in 2019 many STO project now dead and now no one trust on these projects.

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October 16, 2019, 06:44:40 AM
 #10

I guess most crypto  investors right now would shy away from participating in any STO or own any security tokens without being clear on where it stands in terms of compliance with securities laws and regulations especially in the U.S. where the SEC is probing tokenized securities if they are indeed compliant!

As we have observed, most projects conducting a STO have been affected or slowed down by this regulations clampdown and exchanges are getting hesitant to list tokens perceived as securities for fear of any Government actions that could put them together with the project and its stakeholders in a very disadvantageous position.

In line with this, it might be also interesting to note that a number of leading crypto companies have created the CRC or the Crypto Rating Council to classify coins or tokens if they are indeed a security or not and I think it will serve as a guideline for these companies to become more compliant in SEC rules and regulations.

Reference thread: The Creation of CRC (Crypto Rating Council) - Its influence on cryptocurrencies.
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October 16, 2019, 06:56:07 AM
 #11

Sorry i won't dare invest in any STO project and even this one looks not great at all, STO tokens have worst history record since release and no single STO project became successful, the results are pretty bad

Of course there is none because STO involves regulation while cryptocurrency is labeled as an unregistered security offering as SEC stated multiple times before.
there is no hope for STO for now because of the regulation, it is advisable to avoid STO because of the problem we are facing with regulation.
a problem will occur once the sale finishes because the regulators will sue the project and force them to close it. Totally not worth it

About that bolded text, what an earth are you talking about? Some of them are unregulated security offerings because they are not complying with the regulations. Not just because they have used cryptos as a mean for funding. Or maybe you want to educate me and give a link about that. And as being securities, they won't be as highly volatile as speculation value of bunch of protocols that can have valuation from 0 to Andromeda for all we know. Crypto people will probably get bored with stos and dump while waiting for the real world value as we are used to insane gains with parabolic rises and 90% dumps.

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October 16, 2019, 07:02:33 AM
 #12

STOs the same as ICOs are struggling to reach at least their minimum funding goals. Everybody is rushing towards IEOs nowadays and any other way of raising money leads to nowhere in my opinion. It is not worth your attention.


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October 16, 2019, 07:42:58 AM
 #13

STO projects are nothing but disappointments, they are worse than even ICO projects, upon every features that STO have to offer no single project comes out with a flying color so far, don't know who to be blame, developers or investors?

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October 16, 2019, 07:57:52 AM
 #14


Quote
Listing Date On Exchanges
Listing date: 24th, October 2019
Exchanges:
www.biup.io
www.bitsg.com
www.zbm.com
www.yifei.pro

Pre-Sales Information
Before listing in the above exchanges, the Cercle Foundation Singapore will carry out a pre-sales by its official site.

The pre-sales URL: https://cercle.sg
Date: 2019/10/21 9:00 GMT/UTC+8 Singapore Timezone ~ 2019/10/24 9:00 GMT/UTC+8 Singapore Timezone
Open official site by DApp Ethereum Wallet like imToken, Trust, Go-Wallet, Alpha Wallet, Chrome with Meta Mask, and others
The price of the CSS token during pre-sales: 1 CSS = 0.08 USD equal ETH
Pre-sale will continue for 3 days, and then will be listed in the exchange. While Binance's sales take a few minutes, even they do not set the day of sale for less than 10 days. And after 3 days of pre-sale, listing on 4 exchanges (I have info about none of them).

If this is their site: https://www.o2oplatform.com , I can not find out about their creation here.
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October 16, 2019, 08:32:45 AM
 #15

I don't wanna hold it because STO is dead and no more shitscam STO . Desico, bitbond and many more shit STOs are enough to be a proof if STO in crypto is dead.

But I feel curious about you said that if the company has a solid revenue and why don't you just conduct an IPO rather than STO?
That's more suitable for your company consider you said it has already generated decent revenue and that means your company has a product.  Huh

Hear this true, my friend. STO or ICO, they are exactly the same. Projects and leaders who think they can make easy money just because they can sell a product with a smooth whitepaper and a great exchange to back them up. We need to stop giving them money and stop supporting all these no product companies!

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darthmaul
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October 16, 2019, 08:34:12 AM
 #16

It's actually great most of people don't realize potential in such small tokens but sometimes they can prove to be really good source of investment. Also these can get sudden pumps which could profit you in short term. While good concepts which could prosper you in long term.

 
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tiang_tower
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October 16, 2019, 08:38:08 AM
 #17

I rarely hold STO tokens, because I used to love ICO tokens and now I have started liking tokens in IEO, so until now I don't want to hold tokens from STO, but if there is a possibility to benefit I will also try to hold them in later.
max6575
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October 16, 2019, 08:52:36 AM
 #18

as service gives with option on investors to gains on collection as movement on chart with the trading on market, the use with early displacement of funds on plan to helps as covering future use with equity on work with plan as arbitrage option of trading with the bitcoin merchantile of the finance.



Aabcde
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October 16, 2019, 08:54:29 AM
 #19

I just don't want to buy it, how can I hold it in. I saw that there was no Twitter following either. And also the list exchange that will sell it also sounds new to me, weird. I know just biup. I don't think anyone would to buy this token. But it is also possible for the success of this token. Maybe that's all I can say right now. Just see the progress later.



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NathanJB
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October 16, 2019, 08:57:35 AM
 #20

I don't wanna hold it because STO is dead and no more shitscam STO . Desico, bitbond and many more shit STOs are enough to be a proof if STO in crypto is dead.

But I feel curious about you said that if the company has a solid revenue and why don't you just conduct an IPO rather than STO?
That's more suitable for your company consider you said it has already generated decent revenue and that means your company has a product.  Huh

Hear this true, my friend. STO or ICO, they are exactly the same. Projects and leaders who think they can make easy money just because they can sell a product with a smooth whitepaper and a great exchange to back them up. We need to stop giving them money and stop supporting all these no product companies!

It is an option to invest in these offerings. We can see through the statistics that some of these are giving good amount of profit, especially IEO. But then if you are not made for a tedious research just to make sure that your investment ends up with the most perfect choice among many, you better not get into it. The risk is very high of course because the market is always full of low quality and scam projects. If you are afraid that you will end up feeding these scams, it is better to just buy the existing top altcoins.
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