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 honestly just see STOs or IEOs as another name for ICOs. Any project can be bad regardless of what type of fundraising it's under. Always research the company throughly before putting any money down.
Saying that, after looking into the article and the website, it looks impressive. Raised over 2 million Euros, very strong team, backed by a financial body and also has a working platform behind them.