What does “New Stobox client is live” mean?
The phrase “New Stobox client is live” means that an extensive process of setting up an STO was completed. The STO process takes approximately 2 to 4 months for one client.
The phrase “New Stobox client is live” means that an extensive process of setting up an STO was completed. The STO process takes approximately 2 to 4 months for one client. We have a big team of 70+ people working on the Stobox project.
If the client goes live, it means that they have passed:
Defining the type of security, corporate structure, pitfalls, regulation, the financial structure of the token, and other parameters best suit the client’s needs.
Preparation of all necessary legal drafts for STO process, including Private Placement Memorandum, Privacy Notice, AML policies, Security Token Purchase Agreement, and so on.
Smart-contract development, SaaS platform DS Dashboard deployment. This stage features two important tasks: firstly, you have to issue the token which will fit the whitelisting requirements. Secondly, you have to launch a platform to sell this token. Over there, the investors will be signing up and passing the AML/KYC policy.
This includes reaching out to your potential investors and launching the marketing campaign.
Comes after the offering is over. Listing on DS Swap for the secondary market of the security tokens.
Read our article to find out about each stage of launching STO in more detail: Successful STO: step-by-step guide
Launching STO is a long journey, and Stobox is honored to help private companies tokenize their assets and reach business goals.