STO : Friend or Foe ?
▻https://hackernoon.com/sto-friend-or-foe-4537bef13a1e?source=rss----3a8144eabfe3---4
If you are part of the crypto circuit, you will be more than familiar with the term ‘ICO’ (initial coin offering) as this has been the most popular way of raising funds for Startup #blockchain projects. ICOs have been the vehicle used to raise over $5 billion dollars in the first half of 2018 alone. The purpose of an #ico is to allow companies to raise capital without giving away any of their equity or control. In exchange, a digital asset (tokens) is created that can be traded, an asset which may or may not go up in value.ICOs have recently been receiving a lot of bad press, due to a large number of projects failing to follow their roadmaps and fulfill their promises. Some have failed to release a product or to even get their tokens listed on an exchange. Investors ended up with worthless (...)