Post
Topic
Board Altcoin Discussion
Re: Germany's First STO - Your thoughts?
by
g.m.tyshenk
on 07/07/2019, 19:04:52 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.

STOs are good as they are tokenized real world assets.  More importantly the peer 2 peer lending provides dividends higher than traditional big bank stocks, bonds, CDs and annuities. 

You can read my latest blog post that compares Germany's first peer to peer lending STO called Bitbond here:

https://icochat.wordpress.com/2019/07/07/cryptocurrency-and-income-investing/