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    <title>Adrian Lai - South China Morning Post</title>
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    <description>Adrian is CEO of Liquefy, a technology platform that offers digital securities solutions. He is also a trainer on blockchain for various institutions and previously worked for BlackRock in Hong Kong.</description>
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      <author>Adrian Lai</author>
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      <description>The 2017 boom in cryptocurrency initial coin offerings (ICOs) due to the success of Ethereum was followed by a sharp decline and extended bear market in 2018, amid increasing regulatory concern over fraudulent incidents.
According to a comprehensive token report by Fabric Ventures, 58 per cent of all ICOs in 2018 failed to raise capital, disappeared, or refunded participants.
However, the decline of ICOs has opened the door to a new type of token offering, the Security Token Offering (STO),...</description>
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      <pubDate>Sun, 25 Nov 2018 23:01:18 +0000</pubDate>
      <title>Is STO replacing ICO as the ‘new sexy’ in the cryptocurrency community?</title>
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