Since ICO was banned in China last year, it has been cold, and the target financing amount of many projects in the market is decreasing. Therefore, STO has become a financing outlet for many blockchain projects and is welcomed by the market. This new financing method has improved the liquidity of asset transactions and shortened the financing cycle to a certain extent.

However, it has also been pointed out that STO is safe after all, which is uncertain and cannot be dispersed. Practical tokens issued by ICO, whose essence is money, are legal in most countries and do not need strong supervision.

The future trend is uncertain. At present, ICO is still the mainstream overseas, and issuing qualified tokens requires overseas main companies. At present, Singapore is the best settlement center, and the tax exemption policy is also a major attraction. According to the requirements of the Registry of Singapore (ACRA), the registration of public non-profit foundations in Singapore has the following preparation materials:

Provide the name of Singapore Foundation: ending with Ltd, and you can add funds/foundations; ;

Provide two directors' ID cards (scanned copies), one director with Singapore nationality provided by our company;

Registration time: 10- 15 working days;

Registered address: The registered address of Singapore Foundation is provided by our company;

Registered capital: 1 SGD, without capital verification or addition.

After the foundation is registered, the Singapore Law Society will issue ico compliance legal opinions according to the needs of the exchange, which can also prevent monetary authority of singapore's supervision.