Seriously STO ( Security Token Offering ) has every legal evidence you could ever hoped for from new ICO and IEO projects, I'm just curious and surprised at the same time why STO projects aren't doing so well, they always failed to raise fund successfully even when they are more legit than others, what do you think it's happening with STO? Why so much failures?
With direct experience in the field, there are many reasons that they have not taken off in the same way. But if we put aside the price of crypto it boils down to a few things.
Firstly, STOs require a level of KYC/AML which puts off many investors and makes it difficult. For instance, many individuals in Asian countries do not have passports, thus you need to rely of document authentitication that thrawt with problems.
Secondly, there is no large trading venue because securities require certain regulatory permissions such as a Multilateral Trading Facility License (MTF).
Finally, the relationship between the company, trading venue and companies house (in the uk) is still not established and therefore, its easier for now to utilise nominee structures to hide investors underneath.
I hope this helps
