At the cusp of the initial coin offering (ICO) witch-hunt in 2018 by the US securities market regulator, many prospective ICOs considered switching to seemed like a safe haven — securities token offering model. With the much-needed hype to make the transition back then, many wondered if STOs would replace ICOs as the next evolutionary state of the industry.
Business expert and contributing author to Forbes Jim Preissler provides insight into the subject of stagnating growth in the STO niche. According to his post, he suggests the hype about security tokens doesn’t match current development, saying that “there has been little actual tokenized security activity to date”. His opinion was that the bear market may have been largely responsible for this.