When a certain model goes out of favor, something new comes out. In the case of token sales, it started with ICOs then comes STOs. A few months later, some people are rushing to join the IEO craze. Just when I thought I've heard it all, two new models came out. Just today, I read about
STEO (Security Token Exchange Offering) and
OEO (Order Book Exchange Offering).
I appreciate the effort of these people to bring something new to the market but all these looks the same to me. Just a change in how it's being packaged.
What do you guys think will be next?
The exchange sale are evolving according to the choice of investors but not all of these terms are mutually exclusive.
For example STO is a type of ICO, it's not necessary that every STO be better than ICO. And every STO are also ICO unless they are hosted on exchange which makes them IEO.
And now the STO being hosted on exchange are given a name of STEO. Many of the ICO also claims to be STO to sound impressive but they have no direct way of providing dividends to the investors like real STOs.