ICO, STO, TOKEN: Understanding these new forms of financing

Both types of tokens (utility and security) can, in principle, also be exchanged at the ICO for cryptomoney or can be resold at a later date on an exchange platform (the investor then hopes that the price of his tokens will have appreciated). “It is this listing on a secondary platform that gives the security its liquidity. The investor will then be able to resell it to a third party and, as it is on the blockchain, in a totally traceable manner”, adds Vincent Pignon, specialist blockchain advisor to the State of Geneva, as well as founder and CEO of the company WeCan.Fund.