Too Long; Didn't Read
In 2017, the Initial Coin Offering (ICO) exploded onto the global scene and upended the traditional method of funding an early-stage business. 80% of ICOs conducted in 2017 have since been identified as scams. Together, those scams cost investors approximately $1.3 billion. While the investor interest in ICOs has cooled, there’s been a corresponding rise in interest in Security Token Offerings (STO) As financial instruments, they operate much like any other conventional private investment offer.