Security Tokens — a Win for Ethereum and Stellar?

I most recently came across the above Reddit post inquiring about EOS Security Token offerings.

When prominent companies such as Science Blockchain (SCI) and SPIN (PIN) have decided to conduct ERC-20 security token offerings, it begs us to ask the question — why have other ecosystems neglected to market toward security token offerings to STO on their public blockchains? Other public blockchains that are now also bullish on the security token space include Stellar, which Sharespost GLASS partnered with last week — more on that here.

My assumption is that the more conservative crowd that security token offerings would market to will likely prefer the most popular ERC-20 standard when first “dipping their toes” in and deciding on their first couple of investments to make. A first-time security token buyer would probably not have the risk appetite to test newer blockchains that claim to be faster and cheaper while lacking ERC-20’s track record and existing community. After all, nobody gets fired for choosing IBM.

What are your thoughts? Have you heard of any up-and-coming STO’s planning on raising money through the TRC-20 (TRON) or QRC-20 (QTUM) or XLM standards? Why did they choose to go with these public blockchains? Which public blockchains have the potential to become the de facto standards for Security Token Offerings? Let me know in the comments below.

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Security Tokens and Liquidation Preferences

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