Funded Security Token Offerings: an Overview
It is no doubt that it has been a fundraising. For both sides, STOs offer a wider range of options. This practice is merely theory, and what about practice? We've made an overview of 6 funded STOs for you. If you want to make it, it’s helpful to take it a bit. investment advice).
Others have been raised for $ 100 M, others have been raised. However, it’s not worth it. The number of raised funds. It is a project that has a project.
Concept: asset tokenization. The project provides an end-to-end solution for token issuance. It is an open-source set of protocols for enhanced ownership of the blockchain. By utilizing Neufund companies will be able to conduct regulated to offer offerings.
Token sale ended: December 16, 2018
Total funds raised: $ 3.85 M
Concept: Elio is a personal vehicle. It gets up to 84 mpg and just $ 7,450. Elio is supposed to be a gas conservatory. Moreover, the company claims to create an extra 1,500 jobs.
Token sale ended: October 15, 2018
Total funds raised: $ 16.92 M
Concept: Aspen Digital, Inc. is a corporation from Maryland that owns the St. Regis Aspen Resort in Aspen, Colorado. The resort has 3 buildings and 179 guestrooms, 25 residential club apartments and 3 food & beverage outlets. Other amenities include approximately 29,000 square feet of meeting space, an outdoor swimming pool with a seasonal bar, a fitness center, and a 15,200-square-foot Spa. The resort also features a number of leased retail spaces. St. Regis Aspen Resort is an iconic trophy property. The STO investors got an indirect fragmented equity ownership stake in the resort.
Token sale ended: October 01, 2018
Total funds raised: $ 18 M
Concept: tZERO aims at integrating cryptographically secure distributed ledgers with existing market processes. This will help to reduce settlement time and costs, as well as increase transparency and efficiency. tZERO's Security Token Front-End solution makes legitimate security token trading easy and more efficient from both a cost and operational perspective. The solution is integrated with tZERO's risk management software, order management system, matching engine, and other technologies. tZERO’s mission is to help existing market participants improve their workflow, alongside with allowing new customers to participate.
Token sale ended: August 09, 2018
Total funds raised: $ 134 M
Nexo is the world’s first Instant crypto overdrafts. Nexo is powered by Credissimo – a leading fintech group that has been successfully operating across Europe for over 10 years. The Nexo slogan is ‘Let your crypto work for you’. A Nexo Wallet is an insured wallet that lets users borrow instantly in 45+ fiat currencies and earn daily interest on their idle assets.
Token sale ended: April 01, 2018
Total funds raised: $ 52,5 M
Blockchain Capital is a San Francisco based venture capital fund investing in technology companies that leverage blockchain for their work and foster innovations in the blockchain economy. Blockchain Capital was founded in 2013. The company’s passion is to provide entrepreneurs with the tools to succeed, which includes funds, expertise, partnerships, talents, and strategy.
Blockchain Capital has already been funded as a multi-stage investor. The company has issued a BCAP, a tokenized VC fund.
Token sale ended: April 10, 2017
Total funds raised: $ 10 M
These are only 6 projects out of many - the most noticeable and successful ones. It would be important for them to emerge, in the next years, to embrace their fundraising.
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At the most basic level, Security Token Offerings (STO) are relatively similar to Initial Coin Offerings. Basically, an investor is issued with a token that represents their investment. But, in an STO,…