Thefailureofinitialcoinofferings(ICOs)isnoaccident,asmostICOsdonotlinktoarealassetandarenotregulated.RealizingtheshortcomingsofICOs,theblockchaincommunityandpotentialinvestorsembracedsecuritytokenofferings(STOs)andstablecoinsenthusiastically.Inthisbook,westartwithanoverviewoftheblockchaintechnologyalongwithitsbasicconcepts.WeintroducetheconceptbehindSTO,andcoverthebasicrequirementsforlaunchingaSTOandtherelevantregulationsgoverningitsissuance.WediscussU.S.securitieslawsdevelopmentinlaunchingsecuritydigitaltokensusingblockchaintechnologyandshowsomerealusecases.WealsoexploretheprocessofSTOlaunchesandlegalconsiderations.WeintroducepopularsecuritytokensinthecurrentblockchainspaceandtalkabouthowtodevelopasecuritytokenDApp,includingsmartcontractdevelopmentforERC1404tokens.Later,you'lllearntobuildfrontendsidefunctionalitiestointeractwithsmartcontracts.Finally,wediscussstablecointechnicaldesignfunctionalitiesforissuingandoperatingSTOtokensbyinteractingwithEthereumsmartcontracts.Bytheendofthisbook,youwillhavelearnedmoreaboutSTOsandgainedadetailedknowledgeofbuildingrelevantapplications—allwiththehelpofpracticalexamples.