In July, the amount of cryptocurrency financing plummeted by 80% from the previous month. No one cares about the STO model.

According to the inter-chain pulse data, as of August 5, the total amount of cryptocurrency monthly financing in 2019 has remained basically between 200-300 million US dollars (except that in May, Bitfinex released a $1 billion IEO project LEO, resulting in total financing. The amount has increased sharply). However, in July, the total financing of ICO, IEO and STO in the cryptocurrency market fell below US$100 million to US$48 million, a decrease of 83.13% from June. None of the STO financing was completed.