Hi to all. If anyone here has invested in STOs, I would be interested in your (ongoing) experiences.
I made a small investment in the Bitbond STO (managed by Solaris Bank), mostly because I found it interesting to take part in one of the first STOs. This is a bond issued by German bitcoin-based lender Bitbond. I received my first coupon at the beginning of October (in BB1 tokens).
I see this as a high-risk investment, mostly because coupons and principal are paid out in crypto (Stellar). I imagine that when principal is paid out at the end of the bond term, the market will be flooded with bondholders trying to sell their Stellar for hard cash - assuming Stellar lasts that long. I’m keeping my fingers crossed.
Anyway, I will document my experience here as time goes by.