Crowdfunding is the best way to raise a good amount of funds from potential investors. This helps startups and entrepreneurs to raise capital for their crypto projects. As a startup, you may know various crowdfunding techniques in the crypto world. These include Initial Exchange Offerings (IEO), Security Token Offerings (STO), and Initial Coin Offerings (ICO). Among them, STO is regarded as the safest form of cryptocurrency crowdfunding. Hence STO development is in high demand among many startups.
So to give them a deeper understanding this blog explores STO completely. Also, we will discuss how it benefits your startup business. Let us now see
Overview of an STO Development
STO is a well-known fundraising method that addresses the security concerns of other crowdfunding models. For launching an STO, you should create security tokens that are backed with real-world assets like real estate, gold, stocks, etc. To create security tokens, you should follow SEC guidelines that ensure the token is highly secure. Because of real assets and the influence of the SEC, STO creates higher trust among investors.
So considering the higher security and business benefits, you might be interested to know the development methods behind STO creation. So now let us see…
How to Create an STO Platform?
Creating an STO platform involves a lot of technical and complex procedures. So it needs a high level of programming languages and access to related tools. If you are good at programming language and have confidence, you can build an STO platform at your own wish. However, keep in mind that it involves security risks and requires deeper groundwork. That consumes more time and financial resources.
To avoid such time and money loss, you can create an STO platform using the STO software. It is the best in time-consuming and is also cost-efficient because of instant deployment. So, developing an STO platform using an STO script will be the finest choice that will help you in the long run.
Further, the STO script is completely customizable as per your business requirements. It is preloaded with all the upgraded features and excellent technical components needed to offer a user-friendly interface. With a detailed admin panel, you can check the ongoing processes in your STO platform. However, to implement all these things effectively in your platform, you should approach a prominent STO development company
They help you choose the top-notch feature set that will give you outstanding business benefits. So have a look at the…
Features and Advantages of an STO Development
Speaking of the STO platform, you may be curious to know the features in both the user and admin panel. Let us see them one by one.
Features in the User Panel
- Investor Dashboard
- Virtual Wallet Integration
- White Paper Creation
- Buy Tokens
- Profile Settings
- History of Transactions
Features in the Admin Panel
- Investor Management
- Transaction Dashboard
- KYC/AML
- Crypto Wallets Integration
- Token Sale
- Referral Program
With the above-mentioned features, STO scripts ensure numerous benefits in STO development. Let us check the…
Advantages of using STO Script
As stated earlier, STO scripts are ideal options to launch your STO platform. The following advantages will justify the reasons.
- 100% customizable and bug-free
- Has real-time STO analytics
- supports a wide range of methods of payment
- Inexpensive solution
- Multi-tested script
- quick deployment
So now you may be clear on how STO development helps you attain your fundraising needs with attractive features. In addition to that, it all comes under your budget. So next, let us find…
How much does it Cost to create an STO platform?
Whether you are a startup or an entrepreneur, the first thing that strikes your mind is the cost. However, the STO development cost varies for the feature set you choose. So definitely, you can not predict the exact cost to be spent for fundraising purposes.
But, as we discussed earlier, by hiring a reputed STO development company, you can estimate the cost to create an STO platform that ranges between $14000- $20000. Again, this is an approximate value and it may vary depending on your business requirements.
Where to create an STO platform?
So far we have seen the features, benefits, and costs that make you excited to develop an STO with ready-made STO software to easily get into your crypto business. As you know STO platform development is at a high peak because of the benefits it offers to both investors and fundraisers. So, the next query that comes to your mind is where to get the best STO software and how to find one. Am I right? Speaking of STO development, several STO development companies are prevailing in the crypto marketplace. To filter the best ones, you have to do some market analysis and pick the best STO development company.