In recent years, blockchain technology and its applications have grabbed the greater attention of folks across the globe. As per our topic, security token offerings are the well-known crypto fundraising method adopted by most entrepreneurs. The reasons behind their higher prominence are because of the incorporation of blockchain in its back end. The other factor is the greater credibility that is offered by the STO platform.
Now, a query that will be running through your mind is, “who are all eligible for launching an STO?” Basically, a reputed and well-built organization can create its security tokens without any hassles. The reason is because of the reputation they’ve built in the fintech space. Those organizations who wish for trusted crowdfunding will go with a security token offering.
Rather than that, the STO launching firm should get approval from the SEC (Securities and Exchange Commission) of the local government. SEC will properly analyze the assets backed and only approve the project with the proper background. If your project is approved by the SEC, you can easily attract multiple potential investors. Hence, STO is considered an ideal method of crypto crowdfunding in the crypto-verse.
In this article, you’ll be knowing about security token offerings, how to launch an STO, the best method for STO development, etc. Before anything, we shall know what an STO was…
What is meant by a Security Token Offering?
Security token offering(STO) is the most popular fundraising method adopted by most startups and entrepreneurs for developing their businesses. It is more ideal than all other crowdfunding models as they are highly secure. Two factors that play a key concern in developing a security token offering platform are security token creation and following the SEC regulations.
While speaking of security tokens, they are created by backing any real-world assets like real estate, commodities, crude oil, etc. Not only the backing of assets but SEC rules and regulations can be properly followed for security token creation. As the SEC is involved in the security token creation process, they are highly regulated and secured. Based on the type of asset-backed, they are divided into debt tokens, equity tokens, and asset tokens.
- Debt Tokens – Created by using debt cash similar to short-term loans.
- Equity Tokens – Created by backing the equity or shares of a company.
- Asset Tokens – Created with the help of the value of an asset.
On considering these types, many startups are interested in creating security tokens. Once after knowing about security tokens, you might be curious to know the creation process of a security token offering platform.
How to Launch an STO?
Many peeps think that developing an STO platform is a bit of a complicated process. But that is not the fact here. Security token offering platforms can be developed in two methods viz. One is a development from scratch and an STO script. Let us discuss the two in brief.
Creating a security token offering platform from scratch is building an STO campaign from the initial stage. You have to plan and initiate the STO development process as per your business requirement. As it is built from scratch, it is more complex and takes more time, energy, and resources for the development process. More patience is required when you’re developing your STO platform from scratch. If any errors occur in between the development phase, you should be able to fix them. If you think that this process is complex. Here comes the ideal solution.
Development with an STO Script
An STO script is a pre-fabricated software that has all the necessary features for launching an STO platform. STO development services can be easily initiated with an STO script. As it comes with all the aspiring features, it is very easy to deploy the website in minutes. The cost of an STO script is also low and it doesn’t require any developers for deploying the website. It is ready-made software so an STO website can be launched in minutes just by doing some customizations. Hence, you can go with the STO script for your security token offering platform development.
Now you might get an idea of how to launch an STO. Following this, we shall discuss the aspiring features of an STO script.
Astounding Features of Icoclone’s STO Script
Basically, the features of an STO script come individually for the admin and investor dashboard. They are.
Admin Dashboard Features
As an Admin, you can handle the token requests on your dashboard and manage them instantly
You can manage the users by editing/viewing/deleting the details by taking complete access to the platform
You can select the different modes of payment such as BTC, Debit Cards, Credit Cards, etc for instant payment
You can bring in a new set of users by inviting them with a Referral System integrated into your STO Platform
Looking to Start a Security Token Offering Website at a Minimal Cost?
Before buying anything, we’ll analyze its cost and then the decision will be made. In that sense, you’ll be eager to know the cost of launching an STO. As I’ve said earlier, developing a security token offering platform from scratch costs more when compared to the script. It might alter based on your business requirements.
On the other hand, the STO script comes at an affordable price that includes all the exemplary features for the development process. Here too, there is no exact price for an STO script as it might change based on the customizations you made. Approximately, STO script cost might range from $8k. This is not the fixed cost but varies based on the alterations and customizations made.
Speaking of the STO script providers, numerous providers are prevailing in the crypto marketplace. Those lists might be mixed with amateurs. To filter the best ones, you have to analyze the market and pick the STO script provider in the crypto space.
Why Choose Icoclone for Getting STO Software?
Icoclone is one of the outstanding STO script providers in the crypto ecosystem. We excel in providing security token offering development services in an exemplary way. We have a team of well-experienced and skilled developers who develop your STO platform in an exemplary way. Our STO script comes along with a unique crypto wallet that helps for storing your security tokens. You can just make customizations based on your interest and launch your STO platform promptly with our STO script. We offer 24/7 service and support for our clients even after deployment.
We not only provide STO script but we also excel in offering ICO script, crypto token development, crypto wallet development, NFT development, etc. If you are interested in getting any of these services, you can contact Icoclone for exemplary results. Get a feature-rich STO script from Icoclone, develop your STO platform immediately, and reap great funds for your crypto business!!!