Scala Blockchain offers top Security Token Offering (STO) services in the crypto market as of date. We develop and deliver token with that conform the proposed regulatory compliances. Our Unique selling proposition is that we offer the best Token and ICO Audit services as well. The future is the time where STO would be a mandatory entity in crowd funding based on virtual tokens. Save the hassles and upgrade your token to a STO today. Among other services we offer Utility token services as well.
If you’re amidst the ICO and cryptocurrency race, then Security token offering or STO is something you should consider or be aware of. By the broad categorization of SEC and FINMA for tokens i.e. Utility tokens and Security tokens; As the coined term suggest, STO are like any other token you would find at an ICO or exchange, but the only difference being these token are backed by regulatory bodies. The regular ICO tokens you find in the market are mostly referred to as ‘utility token’ and most of them become a bust, not even making it to the exchanges. This would bring about a new scenario in which Venture Capitalists and common investors in choosing tokens to bank on. Giving control to regulatory bodies would in turn mean more accountability and surety for parties on both sides of the offering.
Even though the Howey Test is a good approximation to evaluate whether something qualifies as a security, there’s still a lot of uncertainty on how the SEC will apply the test in regards to cryptocurrencies.