Imagine you're investing in a new company, but instead of just getting a piece of ownership (like a stock), you're also getting a special tool. An ITO is similar to an ICO (Initial Coin Offering) but with a twist. The tokens sold in an ITO are designed to have a specific use within a particular project's ecosystem. Think of them like special access cards that give you benefits within a program. For example, an ITO for a new online game might sell tokens that can be used to buy special in-game items. ITOs can be a way for projects to raise funds and for investors to get a stake in something with potential future value.
Here's the difference between an ICO and an ITO:
