My few cents: I do not believe in STO and will never participate in such a project because no one exchange will accept the listing of store token.
@Rippar to some extent you are correct. STO is not a token it is a stock certificate recorded on blockchain and transferred to a wallet as a token. However, there are two forces in play: 1. There are several exchanges in the US that are ready to trade but because US STO offerings are still in lockup mode you will not see meaningful exchanges for another 10-11 months. Second, the company may elect to list in OTC/Pink Sheets at some point in time.
Regardless of the approach, STO is a digital version of common stock, this is a different investment vehicle from ICO. Sales can come in the form of company stock buyback, liquidity event, and private transfers. Not to mention the dividends and voting rights of STO/Stock.
Lastly, we have been approached by several Singapore, Malta, and Bermuda exchanges who are ready to trade Reg S tokens at any time. The board of directors and each shareholder would have to vote for such an option to list in the future.
Thanks for such a big explanation. Appreciate that. I guess that STO is a good way for big investors, not for usual. So that it will be not interesting for 95% of this forum members.