Security Token Pioneer Marvin Steinberg: ICOs Don’t Need Advisors, but STOs Do
If you’re reading this article, you’re either interested in creating a Security Token Offering (STO) or participating in one.
Perhaps you’re an entrepreneur looking for innovative funding sources to grow your project to the next level, or maybe you’re just sick and tired of all the hassle (& hustle) that comes with lobbying to get funding from traditional investors…
Follow Marvin Steinberg : https://twitter.com/marvinsteinberg
Or you’re simply an innovator and realized long ago that the blockchain technology and STOs are the future of fundraising.
Whichever applies most to you…
Read also : https://blokt.com/blockchain/multi-millionaire-german-businessman-marvin-steinberg-takes-over-sto-sector
The good news is that STOs allow you to raise more funds in record time without the uncertainty of traditional fundraising, and get instant access to a worldwide pool of investors with virtually unlimited funding possibilities.
However, the bad news is that there’s a lot of misinformation out there.
According to Marvin Steinberg, a leading STO expert and Founder of CPI Technologies, “Today, scores of providers are trying to sell sub-par solutions based on false assumptions that over-promise, but under-deliver. Since the demand for STOs is rising at an incredible rate, a lot of companies fall into this trap, just because they’re afraid to miss out on the action.”
Creating a Security Token Offering carries with it a lot of risks as-well, from technical, promotional, and of course, legal aspects.
Multi-Millionaire German Businessman, Marvin Steinberg, takes over STO Sector
At an early age, Marvin Steinberg, a successful Ping Pong Athlete got a serious injury that ended his promising sports career. But it wasn’t the end of success for this man, as Marvin made a name for himself as a successful entrepreneur who revolutionized the entire energy industry in Germany.
Follow Marvin Steinberg : https://twitter.com/marvinsteinberg
As a young entrepreneur, Marvin Steinberg was the first to start using online marketing strategies in a predominantly offline industry. He is the one who discovered that, by using PPC advertising, affiliate marketing, and SEO, German energy firms would be able to boost company revenues. It was totally game-changing as when Marvin joined the energy sector, promotional strategies were largely outdated.
Read also; https://icobench.com/u/marvin-steinberg
The key to Marvin Steinberg’s success was that he built an “affiliate army” numbering thousands of salespeople, who pushed for knocking on doors, cold calling, cold emailing, and hustling. Steinberg’s salesforce becomes an effective team that generating over 5000 new contracts every single month, and millions of dollars of extra profit.
A few years later, Mr. Marvin Steinberg started his own distribution company, the “db swpro,” and also became a part of the energy supplier “db swdirekt.” The companies quickly grew and generated steady profit, and involved over 25,000 people at peak.
At a young age, Marvin Steinberg’s whole system became self-sustaining, and he sold the company to an American multinational, making a highly successful exit.
Why STOs are the Future, Explained by German Business Tycoon, Marvin Steinberg
The blockchain ecosystem has grown significantly in recent years. Consequently, the need for funding has also increased as more and more startups are joining the blockchain ecosystem.
Marvin Steinberg, a successful German businessman with several multi-million dollar companies to his name, explains that the whole cryptocurrency market began has grown rapidly. Marvin describes that an incredible amount of funding has flown in the space, and in late 2017 the Crypto industry was seeing around 50 projects claiming need for funds, per month. In January 2018, Filecoin held an ICO that raised over $250 million, the highest ever at the time.
Follow Marvin Steinberg : https://twitter.com/marvinsteinberg
“These are astonishing figures,” claims Mr. Steinberg.
However, he continues that, unfortunately, the lack of regulations around iCOs came with many risks. By February 2018 around 46% of ICOs held in 2017 had failed. ICOs quickly became a great mechanism for scams and many well-known businesses like Snapchat, Linkedln and others have prohibited ICOs from marketing via their platforms. ICOs subsequently turned to odd promotional channels like cryptocurrency airdrop lists and crypto bounty lists.
Marvin Steinberg explains that the current regulations are tough on ICOs and most startups looking to hold one usually have to ban certain countries from participating, especially the US. In fact, Marvin asserts that respectable companies with real products ought to look for alternatives, particularly STOs.
Read more: https://u.today/why-stos-are-the-future-explained-by-german-business-tycoon-marvin-steinberg
Innovative entrepreneur Marvin Steinberg, who revolutionized the German energy industry
Most entrepreneurs believe that building successful companies always requires a lot of time, trial & error, and hustle. Marvin Steinberg’s story, which was recently featured in the Financial Times and Yahoo, is a shining example of why this isn’t always the case.
After suffering a serious knee injury that abruptly ended his promising sports career, Marvin Steinberg made a name for himself for creating a process that revolutionized the entire German energy industry.
He was the first to fully leverage the true potential of online marketing in a predominantly offline industry, well-known for using outdated strategies at the time.
Follow Marvin Steinberg : https://twitter.com/marvinsteinberg
Noticing this unique opportunity, Marvin Steinberg successfully combined his deep marketing knowledge with his innate desire to constantly innovate to build a revenue-generating engine that was able to produce significant extra profits in record time.
Read also: https://u.today/why-stos-are-the-future-explained-by-german-business-tycoon-marvin-steinberg
The key to this engine was his own “affiliate army,” numbering thousands of salespeople, busy knocking on doors, cold calling, cold emailing, and hustling – all under Mr. Marvin Steinberg’s guidance.
“I was really good on the phone and loved selling, but I realized that if I truly want to become #1, I couldn’t be doing the selling myself forever. So I built a network of salespeople who did it for me. Of course, there were affiliate opportunities before I came along, but I was the first one to use online marketing to find other sellers in huge numbers, and get them to join my team. That created huge leverage!” – Marvin Steinberg has said in an interview.
STO Expert Marvin Steinberg says “ICOs are Dead. Long Live the STO”
Marvin Steinberg shares his thoughts about security token offerings which arose in the aftermath of ICOs.
Industry are evolving all the time, but blockchain evolves quicker than any industry. Ideas and approaches that were cutting edge a year or two ago are now seen as outdated and in need of change. The Initial Coin Offering is a good example.
Not long ago it was seen as the perfect way for new businesses and startups to raise funds. Now, it’s regarded as too risky, too vulnerable to legal issues and scams. But what is replacing it?
The answer to that question and many others in the blockchain space could lie with STOs, according to CPI Tech founder, Marvin Steinberg.
Life Before CPI Tech
CPI Tech was founded by Marvin Steinberg, a former ping-pong athlete who had a promising career ahead of him when he picked up an injury and was forced to retire. He transitioned to a career in the energy sector, where he excelled using unique marketing approaches.
Read more: https://cryptovest.com/features/sto-expert-marvin-steinberg-says-icos-are-dead-long-live-the-sto/
How the Ambitious Entrepreneur Marvin Steinberg Revolutionized the German Energy Industry and Created a Multi-Million Dollar Empire by the Age of 25
Marvin Steinberg's story is a shining example of why this isn't always the case.
After suffering a serious knee injury that abruptly ended his promising sports career, Mr. Steinberg made a name for himself for creating a process that revolutionized the entire German energy industry.
He was the first to fully leverage the true potential of online marketing in a predominantly offline industry, well-known for using outdated strategies at the time.
Read also: https://cryptovest.com/features/sto-expert-marvin-steinberg-says-icos-are-dead-long-live-the-sto/
Noticing this unique opportunity, Mr. Steinberg successfully combined his deep marketing knowledge with his innate desire to constantly innovate to build a revenue-generating engine that was able to produce significant extra profits in record time.
The key to this engine was Marvin Steinberg's own "affiliate army", numbering thousands of salespeople, busy knocking on doors, cold calling, cold e-mailing, and hustling - all under Mr. Marvin Steinberg's guidance.
Why STOs are the Future: An Interview with Marvin Steinberg
A few years ago, Marvin Steinberg was a young ping-pong player with a bright athletic future ahead of him. An injury shattered that dream, forcing him to give up the sport and focus on a different kind of career.
Marvin Steinberg has taken an interest the energy niche, where he excelled and founded 2 successful businesses.
First as a one-man team, and then as an enterprise which he built from the ground up using unprecedented marketing techniques (at the time) like SEO, affiliate marketing, and PPC.
At the same time, Marvin Steinberg also developed a robust foundation of salesmen for his energy contracts and distribution.
Although he’d achieved rapid growth, Steinberg wasn’t finished. After selling his energy distribution company for 7 digits, he focused his energies on his new passion.
This time the industry was blockchain and cryptocurrency, a space ripe for innovation and in a period of rapid transformation.
Marvin Steinberg founded CPI Tech, a blockchain development and advisory firm specializing in STOs.
Marvin Steinberg, Founder of CPITech, Uses Securitized Tokens to Raise Funds and Grow Companies
Marvin Steinberg is the founder of CPITech. CPITech is helping clients to raise funds at lower costs than IPO using Securitized Tokens and they are helping companies to grow traffic and grow the profits of companies.
They automate marketing and promotion.
Marvin Steinberg became known by revolutionizing the entire German energy industry. He created an affiliate sales network with thousands of sellers which sold 5000 energy contracts per month. This business was sold to a multi-national.
Marvin Steinberg then started CPITech and one of its projects is to tokenize part of Times Square in New York for $700 million.
Nextbigfuture interviewed Marvin Steinberg
Describe the story of your transition after selling the energy company.
After selling my energy distribution company “db swpro” to an American multinational and making a successful exit in 2016, I noticed that there’s an unstoppable trend emerging in the cryptocurrency and blockchain markets that will revolutionize the economy as we know it.
However, at the time, this innovative industry was still relatively new and it was the perfect opportunity to jump in before others and strive towards becoming the #1 expert in the crypto field so that when the industry did mature, my company, CPI Technologies would be ready to take on the biggest and most complex projects internationally.