Are Security Tokens The Next Big Thing?
Security tokens, a buzzword that keeps to appear in the crypto news quite a lot lately. The coinbase headlines about their company acquisitions have most likely been the most popular ones.
If we see security tokens being traded on crypto exchanges and it'll become a trend then I see cryptocurrency going mainstream sooner rather than later. This market is simply huuuge and would bring a whole new era of investment possibilities.
So you see, it stays interesting in the cryptosphere and it just keeps to get better every single day. I'm definitely convinced that crypto is here to stay but don't put your money on shitcoins, they'll be worthless very soon I guess.
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Seems security token are the next big thing.
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The word is hype. Like general ICOs some will succeed and others will fail.
The majority of ICOs in 2018 went to great lengths to not have their token classified as a security. Now with the approval for Coinbase to sell security tokens, will this stance change? Will we see more very obvious tokens openly representing equity hit the market? What is the long-term fallout going to be?
Security tokens are now listed in coinbase. Statement said by coinbase but ripples decision is still swimming. If it happens then ripple will be listed in coinbase for sure. Lets hope for the best.
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I try to stay away from security tokens because there very few distinguishing factors between them. I try and focus on demand based utility tokens rather than trying to guess which way consumer confidence will shift.