The STO can be called the most unSuccessful Token Offering method ever. It was used for a very short time and very few projects, and was not very popular. It was not very likely to be successful anyway.
Moreover, they were very cumbersome due to legal requirements.
Yes, the exact statement you gave, because everything you say has been proven to be true and very accurate, STO is a new bidding method that appears suddenly and then disappears suddenly because investors do not trust the STO method.
Well, that could be argued, but I believe that the cumbersome legal requirements are what make STOs a safer option than other fundraising methods? I mean, we cannot forget in a hurry what happened with ICOs
I think this will be a waste of time if debated, because the STO also has advantages and disadvantages, as well as ICO which was once very popular and then just disappear because investors who no longer rely on ICO, but prefer other new methods namely IEO .