What is a CTO & how does it work?

The CTO is a framework created by the Brooklyn Project, which is a collaboration led by the ConsenSys Legal Team and consisting of different blockchain industry partners. Did you know?

What are CTOs & how do they work?

CTOs were created by the ConsenSys-backed, crypto legal consortium The Brooklyn Project . Patrick Berarducci, Brooklyn Project co-chair, says that “The bottom line is that these are digital assets that are constitutionally consumptive in nature— meaning, they’re designed fundamentally to be used or consumed,”.

What is a crypto offering framework?

In April 2019, the U.S. Securities and Exchange Commission published a crypto offering framework – as a guide that issuers and investors can use to determine whether digital assets are securities. The SEC approves CTOs because none of their laws are being violated.