Want to Understand Security Tokens? Look at this Market Taxonomy

Too Long; Didn't Read

If you think security tokens are a small ecosystem think again. The space may be small compared the generate crypto-asset market but its certain growing at a very rapid pace and its becoming very difficult to keep up with it. Every week, I receive requests to review 2–3 projects in the security token space and I find that most of them have intellectual merits and proper technical rigor. The intrinsic complexity of security tokens is translating into a very large and complex ecosystem. Think about it, to create a utility token you don’t need much more than understand ERC-20 and a handful of other crypto-protocols. In the security token space, any token has to interact with many more building blocks including issuer platforms, liquidity providers, regulatory models, etc.