Security token offerings have been a topic of debate for some time now. They are being hailed as the next wave of change in the crypto realm after the rapid decline of utility tokens. While over 4,000 utility token sales have managed to raise a combined total of around $12 billion since January 2017, only 44.2% of them remained active into the fifth month or beyond, a recent study states.
Just like any new technology, security tokens are also a victim of media hype. Although security tokens do bring some solutions to the table, they can’t solve all capital investment and decentralization related problems. Most of the solutions described by security token evangelists are often a combination of the benefits of crowdfunding and other market factors that may be misleading the average blockchain enthusiast.
Read on to know the truth about six security token myths.