2017 and 2018 were undoubtedly very massive years for ICO’s (Initial Coin Offerings), with project teams collectively raising over $20 billion during the two-year ICO popularity spree. The practice and absence of regulatory barriers behind running an ICO allowed startups and teams to raise funds in pursuit of Blockchain based projects and ideas on a global scale with relative ease. However, the lack of applicable regulatory frameworks opened up room for devious minds to take advantage of investors in pursuit of acquiring a slice of the next potential moonshot project in the cryptocurrency market.
A year down the line, we’ve got countless cases of crowdfunded investor resources being misused, shady marketing tactics used to sell essentially hot air and lavish Whitepapers, lack of transparency, bogus funding for bogus ideas, and teams outright failing to hit roadmap and development targets. So, should there really be any surprise that the last few months have shown more stringent government regulations forming, more crackdowns on misleading ICO projects, and the rise in popularity of STO’s (Security Token Offerings) as a more legitimate and regulatory aligned way of Blockchain crowdfunding and tokenizing assets and equity.
How will STO’s change the market that we are used to? What will happen to Blockchains that are popularly used for crowdfunding? How will the existing key crypto ecosystem players change, such as exchanges and other tech providers? Jonathan Galea, Managing Director the Blockchain Advisory based in Malta provides his perspective on STO’s in the market, their link with Global Financial systems, whether or not they will squeeze ICO’s out of the picture, Blockchain adoption, and a whole lot more that will surely help you navigate the cryptomarket in 2019 and beyond.
special thanks to our partners: https://mazee.io/
04:10 Could STO’s be the future?
06:19 How can a startup hold an STO?
08:08 Is Malta the go to place for STO’s?
10:19 Where the majority of STO’s come from.
12:34 Impacts on the speed of Blockchain innovation.
14:47 Will STO’s replace ICO’s?
19:00 Tips for Startups
21:52 How does a startup register itself
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IRA’s and cryptocurrencies, two completely different markets, with one being vastly older and significantly less volatile than the other. According to today’s guest, Morgan Steckler, CEO of iTrustCapital, a cryptocurrency retirement company, there’s a lot of untapped interest towards cryptocurrencies coming from the IRA space.