BitOffer：IPO、ICO、STO. A grand drama about freedom and supervision
1. ICO, born from freedom, die out of disappearance.
ICO，Initial Coin Offering, Blockchain project initially issued tokens, which is likened to the IPO of stock market. It refers to the act of converting an enterprise or project into a digital asset for financing.
There must be a brilliant chapter in the history of finance that belongs to ICO. MasterCard OMNI successfully raised 5000 BTC on the Bitcointalk forum, and NXT raised 21 BTC, with a market capitalization of US$100 million. Not to mention the ICO legend — Ether Square ETH, which raised more than $18 million. ICO has given the financial community a pair of wings, encouraging people: “go fly, we have a mine”. But the consequence was that not only people with dreamed came, but also people who only dreams, even those who simply wanted to swindle money came too. Countless people rushed to the ICO, trying to get benefits and head for the peak of life, marrying the beauty. Countless projects, with a single white paper and even without white papers, have easily swept away the hard-earned money of investors, but there are few projects implemented. Although a few ICO projects achieved good results, most of the ICO projects are like beautiful bubbles, which were fascinating, but eventually vanished. It is what we call the “economic bubble.”
2. STO is the IPO with freedom and the ICO under supervision.
So, when the drawbacks of the laissez-faire child of ICO begin to become more evident, will people once again invest in the “elderly” IPO? No, people would rather install a monitor on this child and let him grow into a good young man. So STO, Security Token Offer, the issuance of securities-type certificates, was born. On the one hand, STO accepts securities regulation in various countries, and on the other hand, it supports holding securities. It combined the security of IPO and the flexibility and efficiency of ICO and achieved low-cost financing. America, the European Union, Singapore, Hong Kong, and Taiwan have successively introduced relevant regulatory policies to promote the development of STO, which also makes the entire financial market to develop consistently and steadily.
3. BitOffer’s forward-looking and innovative features can be told in its STO service.
BitOffer is currently one of the few cryptocurrency exchanges on the market that can provide STO services. It can accurately spot the shortcomings of ICO, support STO, and take the lead in developing STO services, which greatly reflects the professionalism and forward-looking nature of BitOffer as an innovative exchange. It has also become a Trump card for BitOffer to seize the cryptocurrency market. After all, in the industry, he who runs in the front has the first opportunity.
The evolution of the cryptocurrency trading model is ever-changing like waves. Perhaps each wave has its shortcomings, but when a wave has gone, there must be another new wave. Now we have to admit that it is gradually becoming an irresistible important role in the financial world. And it gradually penetrating into more fields and created the miracle of the digital age, which also made us unable to turn a blind eye to it. To seize the opportunity of cryptocurrency is to seize the future.
