Post
Topic
Board Altcoin Discussion
Re: Will STO's Work?
by
Solondrado
on 15/01/2019, 22:56:28 UTC
What do you guys think? Will STO's be able to compete in the crypto market and actually succeed? I'm glad to see ICO's die out. They were consuming too much market cap +90% of the projects were garbage. I made a list of 100 ICO's I seen promoted back in April and only a select few of them are doing well. Nauticus launched (https://nauticus.exchange/) which is great news for the exchange community, but unfortunately today Cryptopia suffered a hack. We seem to take one step forward, followed by one step back...What do you guys think?

That depends on how good the project is. If the project listing as a STO is "quality", then I think it will prove to be an effective venture.

I agree with this, but there were a few ICO's that made it big. Binance used to be a tiny exchange with nearly no volume and look at them now. Nauticus was just in there ICO phase and they raised over 19 million dollars. Both of these feats were impressive considering how hard it is to make it in crypto.