Post
Topic
Board Announcements (Altcoins)
Re: DREAMR - The First Platform For Dream Manifestation
by
Eniitan24
on 05/11/2019, 06:58:49 UTC
Yes, regulations around security tokens are strict. If you realized, Dreamr is the first security token to hold an STEO (Security Token Exchange Offering). There must have been some complications which led to the token sale being moved to their website or it might be a move to draw traffic to the website too.

Traffic doesn’t mean nothing to Dreamr platform. It’s won’t be used by google for advertising. I think the reason token sales was moved to the website was because they wanted to ensure that only Non US investors purchase the tokens. Like you said, these are a different type of cryptocurrency, and strict rules have to be followed.

They've made a statement relating to this (though not directly) in one of their blog posts published earlier. It was stated that they've had talks with different exchanges but it seems like they weren't able to come up a mutual ground concerning the token sales.

I think exchanges aren’t willing to host IEO projects anymore. I can’t tell the reason, but it seems to be because they’re obligated to list these tokens after the token sales. Some projects don’t have a successful sales but it doesn’t matter after both parties have signed the contract.
Dreamr’s decision to take over token sales duties might turn out to be great for the project.

I won't really say it's due to the market parformance of these coins after token sales. I mean it is an expected outcome especially in these recent days in CryptoCurrency market. I believe there is definitely another reason outside this why dreamr decided not to use an exchange for their next sales period.