What is a Security Token Offering (STO) and Could it be the Future of Fund Raising?

In 2017, there were 875 Initial Coin Offerings (ICOs), raisingUS$6,23 billion, which equals on average US$7,12 million per ICO. In 2018, there were 1257 ICOs that raised US$7,85 billion, which comes down to an average of US$6,25 million. Not surprisingly, the vast majority of these ICOs were done in the first months of 2018. In the past four months…