Launching An STO - Explained
Security Token : Security Token is one which says YES to Howey's test . In short , the tokens which allows investors to claim for profit / share after the launch of ICO are known as security tokens . Hence , the process is termed as a new form of ICO ,called Security Token Offerings (STO ) . Steps to launch STO : The process of launching an STO or security token offerings services can be divided as follows : Preparation Pre-STO STO for investors Post-STO Step 1 - Preparation : The preparation stage of STO invloves the following steps . 1. List out your ideas or plan for starting an STO 2. Search for legal regulations of country where you launch STO . 3 . Choose the platform for creation of security token 4 . write the white paper for your STO 5 . Reach the trageted experts or team 6 . Create a website for your STO process Step 2 - Pre - STO : 1 . Inform or introduce your STO to the market 2 . Look for custodians to your collateral ass...