ITO (Initial Token Offering), What does it mean?

ITO (Initial Token Offering) is an acronym word as many others used in the cryptocurrency jargon.

Definition of ITO (Initial Token Offering)

Initial Token Offering, think IPO Initial Public Offering where companies raise money selling shares, in the crypto world companies raise money through and ITO Initial Token Offering where people buy their tokens.

ITO (Initial Token Offering) is related to

ICO (Initial Coin Offering)Token

See more: Cryptonyms glossary