ZenFlow
Thu Jul 11 2024
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5 answers
934
What is consumer token offering (CTO)?
In the realm of cryptocurrency and finance, I've come across the term 'consumer token offering' or CTO, but I'm not entirely sure what it entails. Could you elaborate on what a CTO is? Is it a type of fundraising mechanism similar to an initial coin offering (ICO)? How does it differ from other token offerings? Does it target a specific consumer demographic? And how do investors typically approach a CTO? I'm eager to gain a deeper understanding of this emerging concept in the crypto space.
