So the STO tapjets holding is just to enable crypto in order to acquire their shares and nothing more?
Please correct me if I am wrong.
@Pyntex first thanks for a great question. I don't think you are wrong. But let's say a US company wants to offer their shares for sale worldwide. Let's even assume that you would buy their shares and receive a paper stock certificate by some DHL or another international mail (cost). Then the company is doing well and is ready to pay you dividends. They would have to then figure out how to send you FIAT to some bank account worldwide. Blockchain transfer is much faster and easier (savings). And how do you easily sell paper shares? Again blockchain makes it easier. STO (certificates on blockchain) solves several of these use cases so we decided to lead the way.
Thanks for the brief explanation but, how will i be able to convert my Tapjets tokens to FIAT easily?
It depends on what you define easily. 1. Sell it back to the company. 2. Sell it to any other person/s 3. Once listed on exchange you follow exchange procedures for liquidation. If you are talking about dividends than you can elect to receive them in FIAT.
Listing on the exchange is a process, it is not guaranteed, and has to be voted on by all shareholders and token holders.
Hope this helps