How to hire the STO launch service provider?

Security tokens are cryptographic tokens that are paid as dividends, investment amounts or the share of profits. Security token offering (STO) is a new regulated fundraising approach to launch a crypto token.

STO launch is a complex task and requires expertise in finance, law, marketing and technology. Therefore, in-depth research is necessary before you hire an STO service provider.

The following points cover all the critical factors to look out for in an STO launch service provider:

Legal expertise

Security tokens must adhere to legal regulations as any non-compliance may lead to the death of STO. Financial rules imposed by the jurisdiction of every country are essential for STO launch. There are a few exemptions for these registrations, but it is different for every jurisdiction.

Before hiring an STO service provider, ensure that the firm has a team to handle all the STO launch's legal issues.

AML/KYC services

The website that deals with the sale of tokens should integrate compliance tools like KYC and AML for bad actor checks. An STO service company must offer AML/KYC services.

Professional whitepaper writer

A whitepaper or owner's manual for the token is required before introducing it to the public and releasing it in the market. It will help to promote your idea with more extensive outreach and attract strong investors for your STO.

Hire a professional whitepaper writer who possesses the knowledge and understands the ethics of writing legal and technical aspects of a token.

Technology stack

STO works on a Blockchain-based platform. Therefore, it is crucial to ensure that the company is well-equipped with the tools and the practical implementation knowledge of Blockchain applications. It is recommended to reach out to a leading Blockchain development company that excels in working with Stellar, Ethereum, Hedera Hashgraph, etc. Besides Blockchain platforms, security token platforms like Harbor, Swarm, Securitize and Polymath are essential.

Community support management

After the STO launch, support management services are necessary to provide assistance to the investors and avoid the possibility of any issue while using your product. It is essential to confirm that the company you are hiring can support and respond to queries posted by investors on various platforms or forums.

Marketing services

The promotion of STO to the world through various services like email marketing, social media posts, content marketing and other ways can attract more investors to your network. If you require assistance with marketing techniques, hire an STO marketing service provider to help you accomplish your task and take you to the global level.

Conclusion

The points mentioned are well-researched and recommended to fulfill the purpose of finding the right STO launch service provider. While interviewing any consulting firm ensures that it provides the mentioned STO launch services to its clients.

If you're looking for an STO launch service provider to assist your project, connect with the specialists at LeewayHertz. With years of robust experience and expertise, they aim to provide the best STO services to their clients. From white paper drafting to STO marketing, they provide complete STO launch services. Don't miss the chance to schedule a free consultation and discuss your requirements.