Are STOs All They’re Cracked Up To Be?
▻https://hackernoon.com/are-stos-all-theyre-cracked-up-to-be-10e1c9faed0a?source=rss----3a8144ea
Imagine being able to own .1% of a Picasso or a fourth of an Uber cab that you split with three of your friends. Currently, such things would be burdensome at best or just nearly impossible. However, security tokens offerings (STOs) are providing a path to fractional ownership by enabling the tokenization of virtually anything we can think of. Such offerings have been sweeping the #cryptocurrency space, providing a regulated alternative to ICOs. Since security tokens are backed by underlying assets or profits, investors gain access to equity, voting rights, and dividends. In theory, this should allow anyone to invest into anything, opening the doors for unlimited opportunities never seen before. Yet in practice, there are quite a few obstacles one needs to be aware of before getting (...)