Page 310 - ESSAYBCTO ENG 1ST

And there is something called STO .

‘STO: Venture startup contributing to the capital market ’

STO is an amendment to the Capital Markets Act and investor protectio
n, and a bill was recently passed by the National Assembly .

the STO bill is related to electronic tokens ,

Looking at it more calmly, it means separating management and perform
ance .

Not involved in stocks , not involved in operating rights ,

This is a method of receiving dividends based on performance .

This is the creation of new value .

Electronic tokens are a new value .

The numeric domain can also be viewed as the concept of an electronic
token .

However, the numerical domain and electronic token The difference is

Electronic tokens only reflect numbers, but
The numeric domain platform does not only reflect numbers.

It reflects the sweat, tears, sincerity, and performance that person shed

within it. In addition to its own value, the value of the person's efforts is a
dded , That value becomes a living performance that continues to grow .

electronic tokens called STO reflects only the current value ,

The upprice token, It is adding future value to present value .

started the policy of separating this performance from management suc

h as the STO that I am discussing now in 1992 .

By providing a system of agents , distributors , and branches without

holding stocks , a formula was set in which the agent had to pay 100 wo

n , the distributor had to pay 1,000 won , and the branch had to pay
3,000 won .
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