Are STOs All They’re Cracked Up To Be?by@DanElias
202 reads

Are STOs All They’re Cracked Up To Be?

by Daniel Elias3mNovember 13th, 2018
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

Imagine being able to own .1% of a Picasso or a fourth of an Uber cab that you split with three of your friends. Currently, such things would be burdensome at best or just nearly impossible. However, security tokens offerings (STOs) are providing a path to fractional ownership by enabling the tokenization of virtually anything we can think of. Such offerings have been sweeping the cryptocurrency space, providing a regulated alternative to ICOs. Since security tokens are backed by underlying assets or profits, investors gain access to equity, voting rights, and dividends. In theory, this should allow anyone to invest into anything, opening the doors for unlimited opportunities never seen before. Yet in practice, there are quite a few obstacles one needs to be aware of before getting lost in the hype.

People Mentioned

Mention Thumbnail

Companies Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Are STOs All They’re Cracked Up To Be?
Daniel Elias HackerNoon profile picture
Daniel Elias

Daniel Elias

@DanElias

L O A D I N G
. . . comments & more!

About Author

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite