As the great cryptocurrency winter of 2018 extends its grip by yet another month, anecdotal evidence at various blockchain conferences worldwide has been rife that a security token wave is on the cusp of forming. This new breed of digital assets is one that seeks to comply with existing regulators, rather than to subvert. Security tokens are are programmatically designed to be compliant with relevant regulations. In the words of influential crypto podcaster and fund manager Anthony Pompliano:
With recent examples of assets being tokenized ranging from the St. Regis Aspen Resort to a Picasso painting (facilitated by a certain John McAfee), to private shares of startup from Germany and Brazil, momentum is clearly favouring this nascent development. This narrative has been backed up by the the experiences of the Rate3 team as well during the various partner conversations we have had. Whisper it, but we may even be witnessing the first shoots of a transition from the wild west that was ICO-mania making way for a ‘Security Token Offering (STO) spring’.