- STOs are not merely “compliant ICOS”
- they are about tokenizing real World assets in a compliant & automated way
References
1st Wave of ICO's
Anyone could contribute very easily by sending ETH to a smart contract.
2nd Wave of ICO's
Companies needed to ensure some contributors were not allowed to buy tokens. KYC at a crowdsale level.
STOS
Companies selling securities must ensure some investors are not allowed to buy tokens in the initial issuance and on secondary markets.
Funding Cycle For Entrepreneurs
