After the rapid rise and fall of Initial Coins Offerings (ICOs), the era of security token offerings (STOs) has begun. Several entrepreneurs from different industries have turned towards STOs to raise capital via equity crowdfunding or private placement. According to a recent report, STOs are going strong with a success rate of 99% so far.
However, launching an STO is considerably tedious compared to launching an ICO, which requires virtually no legal regulations. You are going to need someone who can guide you through the complex mesh of legal regulations and the ever-evolving blockchain technology. That’s why you should hire an advisory providing security token offering services. An advisory is an individual or a team of individuals (organization) with expertise outside of your company.
Read on to know more about why you need an STO advisory and how to get a good one.