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.
I think it's a positive step towards investors confidence as they are trying to make fundraising less risky, only time will tell if it will be successful or will leave more people burnt because they jumped on the hype train. I would suggest to everyone that they do heavy research into any project before putting a single cent into it.
The project the article is talking about looks very promising and i'm keeping an eye on them, they have already raised over 2 million Euros and are still far from the end date of their fundraising stage.