With STOs becoming the way of choice for cryptocurrency projects to raise funds, here we review a number of interesting STOs that are set to be launched over the coming weeks.
With revenues of over $10 million the past year and a half or so, TokenMarket has grown to become a premier source of crypto and trading information for investors both novice as well as experienced. The platform combines the best features of early-stage capital fundraising with the latest technology to address the inefficiencies that plague the outdated securities market.
The platform itself is an award-winning strategic and technology advisory firm with a global presence in London, Dubai, Gibraltar, and Helsinki. The company oversaw or advised over 30 token sales and raised over $250 million directly via their platform. The service provides end-to-end token issuance services including fund collection, compliance advisory, and marketing outreach for their clients.
TokenMarket is looking to expand its advisory work into the world of Security Token Offerings (STOs). The core team is actively applying their knowledge and expertise in the blockchain and the Initial Coin Offering (ICO) spaces to traditional markets such as equity and debt, thereby giving access to enterprise-grade investment advice to their investor base of over 170,000 people and companies.
The platform is currently raising its Series A fundraising round via a Security Token Offering of its own with the UK’s FCA Sandbox.
You can express interest and sign up for alerts for the TokenMarket.net STO here.
Cryotech Nordic (CTN) is reimagining the way in which cryotherapy chambers and localized cryotherapy can be accessed by the general public. It uses groundbreaking technology that does not use difficulty sourced nitrogen gasses and expensive liquid nitrogen chambers; instead, it uses a more cost-efficient electricity-powered solution to make its product accessible to public markets.
This is a growing market, and more and more people are slowly coming around to the benefits of cryotherapy. You can express interest in and follow this project here.
Almond is an interesting project that uses a creative economic model and user application that incentivizes consumers to buy sustainable products. It also offers transparency around supply chains and helps responsible brands grow their businesses. The Almond team is committed to ensuring that their work reliably and predictably rewards responsible businesses and consumers and they look to change the way in which consumers are rewarded for purchasing ethical products to help save the planet – one small step at a time.
You can become a part of and express interest in this eco-focused project here.
DOVU is an industrial project that is working with a growing number of automakers, including public transport operators and mobility startups. The project aims to create a circular economy for smart mobility in which consumers are directly rewarded for the valuable data and actions that they contribute to their mobility service providers.
Over the course of the last year, DOVU established pilots with 5 major automakers. The project team even won a contract with UK bus and rail services that complete 1 billion journeys every year. The service has a live consumer wallet and is looking to fund the next step of their project roadmap via an STO, the details of which can be found here.
FITBLOX is a health, fitness, and social community platform. It is built on the EOS blockchain and brings together incentive-based rewards as well as social media monetization. The FITBLOX DApp will be used to empower users to monetize both their fitness data as well as their social media experiences by leveraging a unique stake-weighted voting system. This system encourages users to participate in motivational advancement (otherwise known as gamification).
FITBLOX lies at the intersection of user-monetized social media and secure fitness tracking technology. Content creators to be rewarded by the community for sharing useful content, and FITBLOX will offer users access to a symbiotic marketplace for health and fitness products and content, creating a 360° user experience.
You can follow and express interest in the project here, but act fast, because this STO ends March 30.