Presently, launching a crowdfunding platform is one of the profit-yielding business solutions for young entrepreneurs. So, many startups are willing to kick start their crowdfunding platforms in the crypto space to develop their business from an initial stage.
Speaking of crypto crowdfunding platforms, STO is the most secure fundraising technique. In the security token offering platform, one individual can raise their funds with the help of security tokens and STOs are highly regulated by security laws.
In case you want to develop the STO platform, before that you should know the development methodologies and cost factors.
***Here are some factors that play an important role while determining the cost to create an STO platform, ***
Business idea
Complexity
Timeline
Technical framework
By considering these factors, the cost of creating an STO will be determined.
Another major factor that determines the cost is the development methodology. That is you can develop the STO platform from scratch or you can look out for the best ready-made STO Script.
However, we cannot predict the approximate cost to create the STO platform, because it may vary from one customer to another customer.
By choosing the leading STO development company, you can make it all under your budget. So, start working on finding them and initiate your STO campaign at an affordable cost.