STO Expert Marvin Steinberg says “ICOs are Dead. Long Live the STO”
Cryptovest
Published Oct 03, 2019 05:44AM ET
Updated Oct 03, 2019 07:01AM ET
STO Expert Marvin Steinberg says “ICOs are Dead. Long Live the STO”
Industry are evolving all the time, but blockchain evolves quicker than any industry. Ideas and approaches that were cutting edge a year or two ago are now seen as outdated and in need of change. The Initial Coin Offering is a good example.
Not long ago it was seen as the perfect way for new businesses and startups to raise funds. Now, it’s regarded as too risky, too vulnerable to legal issues and scams. But what is replacing it?
The answer to that question and many others in the blockchain space could lie with STOs, according to CPI Tech founder, Marvin Steinberg.
CPI Tech was founded by Marvin Steinberg, a former ping-pong athlete who had a promising career ahead of him when he picked up an injury and was forced to retire. He transitioned to a career in the energy sector, where he excelled using unique marketing approaches.
Quickly after founding SWDirekt, Marvin realized that he needed to expand and began to develop a great sales formation, recruiting affiliates and sales people in Germany and experiencing rapid growth. After achieving enormous success and building an energy distribution company, Steinberg eventually sold his firm and moved ...
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