Security Token Offerings (STOs) To Watch This Month: March 2019
Security Token Offerings – Feb 28 to March 30
The security token offering (STO) market has become very popular over the past few months, with investors venturing into the market thanks to benefits such as lower risk of investment and better regulation. Here is a look at some of the STOs that recently ended, as well as a few that will be closing over the coming days, as well as the benefits they would bring to the crypto sector.
Sports Investor Coin
The Sports Investor Coin (SIC) is a token developed by a sports marketing firm and will be the coin to support the first sport asset-backed portfolio in the world. The funds raised from the STO would be used to acquire sport sponsorship assets for both medium and long-term investment purposes. A percentage of the profits garnered from the sports asset portfolios would be returned to the token investors via smart contracts.
Project website: https://www.sportsinvestor.io/
Twitter handle: https://twitter.com/SportsInvest_1
STO closed 28 February, 2019
The BillionApp token is the coin for Billion, a user-friendly set of tools designed to make things easier for both new as well as veteran cryptocurrency users. The tools available include a peer-to-peer cryptocurrency exchange with low transaction speeds, a mobile crypto wallet that supports several cryptocurrencies, a crypto marketplace, courier delivery services, an investment platform, and more.
Project website: https://billionapp.com/
Medium blog: https://medium.com/@billionappl
Twitter handle: https://twitter.com/billionappl
Facebook page: https://www.facebook.com/billionappl
Github repository: https://github.com/Billionapp
STO closed 28 February, 2019
Buy2LetCars Tokenized Bond
The Buy2LetCars Tokenized Bond is the token for Buy2LetCars, a firm that allows people to lease new cars and still enjoy a full manufacturer’s warranty, a service plan and breakdown cover, as well as affordable monthly installments. The investment structure made available by this company is similar to what is offered by many companies in the car leasing space. Investors will receive their bond notes in the form of tokens via their Ethereum wallets.
Project website: https://crowdforangels.com/company/plc/Buy-2-Let-Cars-Ltd-1043
Project details: https://crowdforangels.com/convertible-loans
Medium blog: https://medium.com/@crowdforangels
Facebook page: https://web.facebook.com/CrowdforAngels?_rdc=1&_rdr
Twitter handle: https://twitter.com/CrowdForAngels
STO closing date: 4 March, 2019
FitBlox is a token designed for a health, fitness, and social community platform. The platform, developed on the EOS network, makes use of incentive-based rewards and social media monetization to help boost health and fitness amongst community members. FitBlox will make use of a voting system that encourages community members to take part in motivational advancement style. Members of the platform would be rewarded with FitBlox token for sharing useful contents, and a marketplace for health and fitness products will also be developed.
Project website: https://www.fitblox.io/
Medium blog: https://medium.com/fitblox-io
Facebook page: https://www.facebook.com/fitblox.io
Twitter handle: https://twitter.com/FITBLOX_io
STO closing date: 30 March, 2019
Security Token Offerings are revolutionizing security markets by mitigating many of the problems associated with conventional securities trading. The blockchain technology promotes transparency as all trades and ownership of records are stored on a decentralized ledger that cannot be tampered with. These tokens make it easy to tokenize securities so financial assets such as stocks, bonds, equities, swaps, and more can all be managed via distributed ledgers. The STOBox platform will organizations and companies tokenize their offerings and assets to reach new markets and share wealth benefits and risk distribution more equitably.
Project website: https://www.stoboxplatform.com/
Medium blog: https://medium.com/@stobox_platform
Facebook page: https://www.facebook.com/STOBoxPlatform