What is consumer token offering (CTO)?

Consumer token offering (CTO) has become the new way for projects to raise money in the crypto world. It differs from initial coin offerings (ICOs), as CTOs aren’t based on existing cryptocurrencies, like Ethereum or Bitcoin, but are fully independent tokens developed from scratch.

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,”.