ICO vs STO

Either way both are means to raise funds to start a new business, maybe a blockchain.

It seem that they come under differing rules in how they operate & what investors are buying into.

What is strange is a company they offers to manage STO's kicks off its own startup with an STO.

Is this a chicken vs egg issue?

https://nulltx.com/mobu-sto-a-security-token-issuance-platform-with-a-twist/