ICOBox would like to announce an upcoming shift in our business strategy. In 2018, we plan to enter a new Security Token Offerings (STO) market, establish a foothold and, over the next two years, become one of its star players. The company is also getting ready to offer its clients the opportunity to work with a radically new product – the so-called “composite tokens,” which combine the best features of utility and security tokens.
ICOBox emphasizes that this will not have any adverse effect on its relationship with its existing clients and the performance of its obligations to ICOS token holders.
It is not a secret that since the start of the year the market changed considerably. Numerous countries of the world whose citizenry is particularly interested in crypto products are pondering ways to regulate the cryptomarket. And with fewer companies currently conducting their ICOs, utility tokens are becoming less popular, with some projects which originally planned to conduct their ICOs now setting their sights on STOs.
To remain at the vanguard of the industry, ICOBox has to change with the times. The company's new strategy involves restructuring its team and adapting to the latest market priorities.