Post
Topic
Board Altcoin Discussion
Re: Germany's First STO - Your thoughts?
by
bramborakymilenec
on 16/05/2019, 16:13:48 UTC
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 BitGo’s 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-bitgo

Also 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 STOs are just another name for an ICO and are nothing special. The most important thing is to research any project before investing. Saying that, this project looks very interesting and they have raised a substantial amount through their current fundraising phase.