In 2017 and early 2018, Initial Coin Offerings (ICO’s) raised billions of dollars for companies planning to develop a blockchain-related product or service.
The trust in the ICO model has plummeted, 95% of which fail to reach their softcap and the deeply bearish market hasn’t helped the situation.
Initial Coin Offering (ICO)
Over 80% of ICOs are scams and fails because:
- Team doesn’t develop products after fundrasing
- Illegal as legulation of local country
- No transparent
- Investors sell off all tokens
Security Token Offering (STO)
STO issues token are backed up particular company assets. Owing assets have many benefits and moreover, it’s more legal than ICO.
FinanceX is currently conducting FinanceXSTO. Stay tuned and we will announce officially this March, 2019.
Check out some recent FinanceX articles:
- 10 coins and 01 star with 33 new trading pairs appear on FinanceX
- FinanceX shows up on CoinGecko
- Next destination is South Korea, isn’t it?
- FinanceX Exchange is Now Listed on Coinhills
- Share FinanceX app to receive 100,000 VND
For more information on the FinanceX project:
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