Hi there, they are seperate things.
MWAT is a utility token. It is what the platform uses, it does not represent shares on RED, it gives you access to the platform.
The STO is a way for you to become a shareholder of RED
SO for what have you raised 30 mln usd? You sold MWAT tokens to investors, but they dont have any advantages from them now. Investors need profit. not acces to platform.
if you look at their first year listing on the exchange, the price of MWAT has increased,
and of course investors have also profited