Hello everyone,
Recently I discovered this STO called Bitbond. They are Germany's first STO with a BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht. It is the German financial regulation authority) approved Prospectus and will be using BitGos Business Wallet. I am curious what you think about the project. Do you think STO's are the next evolution in ICOs? Or just a rename? You can look at the article below.
https://www.bitbond.com/resources/bitbond-works-with-bitgoAlso if you want to visit their website, you can do that by clicking here -
https://www.bitbondsto.com They have already raised 1.8 million Euros according to their website and they are in their fundraising phase.
That looks so crazy to see untrusted platform gets a license from the regulators, STO is not even comparable with ico and IEO people are still choosing ICO rather than STO. Bitbond is such a disgrace in the STO industry about how the platform with a bunch of complaints can run STO. You should check the official announcement and you will see that.
I don't know why people even bother on STO. Less people talk about it and am yet to understand the value it adds to the crypto space. People still prefer ICOs and IEO