Seediscussions,stats,andauthorprofilesforthispublicationat:https://www.researchgate.net/publication/342419787SecurityTokenOfferingsPreprint·June2020DOI:10.13140/RG.2.2.25613.15841CITATIONS0READS9883authors,including:Someoftheauthorsofthispublicationarealsoworkingontheserelatedprojects:BlockchaininFinancialMarketsViewprojectDanielLiebauRotterdamSchoolofManagement6PUBLICATIONS7CITATIONSSEEPROFILEAllcontentfollowingthispagewasuploadedbyDanielLiebauon24June2020.Theuserhasrequestedenhancementofthedownloadedfile.1SecurityTokenOfferingsThomasLambert,DanielLiebau,andPeterRoosenboom∗June24,2020AbstractSecuritytokenofferings(STOs)arenotinitialcoinofferings(ICOs)o...