Viewing a response to: @neavvy/running-security-token-on-polymath-is-it-a-revolution-tutorial-included
By sheer coincidence I as reading about STO few days ago. You have done the brilliant job in explaining the polymath role in STO. Actually SEC is currently evaluating ICO on its own parameter to check whether ICO is security or utility. If it falls on security then it need to be registered with SEC to be able to raise fund in US. The STO concept gives more power to the regulatory authorities,investor are more secured in STO where ICO do not promise anything to investor and most of them scammed the investor. I believe we still have pros and cons for STO. Pros: Actually you are investing in the real assets. More regulated so very less chance of getting scammed. They will be get support by institutions that are interested in blockchain but do not want to do ICO due to legal resons. General public might get more interested to STO. Cons: STO/ICO are not legal in china so still a large market is out of scope. I guess STO will not be decentralized , so it might not go well with cryto currency enthusiast
| author | r1s2g3 |
|---|---|
| permlink | re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181206t020824753z |
| category | crypto |
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hi @r1s2g3 Great post buddy. > STO/ICO are not legal in china so still a large market is out of scope. I didnt know that. Interesting and valuable information. Yours Piotr
| author | crypto.piotr |
|---|---|
| permlink | re-r1s2g3-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181208t092725331z |
| category | crypto |
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Amazing comment @r1s2g3. Let me refer only to cons that you mentioned :) > STO/ICO are not legal in china so still a large market is out of scope. That's indeed terrible situation, obsession about control of their government has really bad impact on the crypto world. > I guess STO will not be decentralized , so it might not go well with cryto currency enthusiast Unfortunately yes, STO will never be as decentralized as ICO so it looses part of its benefits. However, I think that this kind of centralization in the crypto world is somehow needed. Greetings, Jan
| author | neavvy |
|---|---|
| permlink | re-r1s2g3-re-neavvy-running-security-token-on-polymath-is-it-a-revolution-tutorial-included-20181214t232230490z |
| category | crypto |
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