What is the difference between ICO and Ito?
As a keen observer of the cryptocurrency landscape, I'm curious to understand the nuances between two financing mechanisms that have gained significant traction in recent years: Initial Coin Offering (ICO) and Initial Token Offering (ITO). Could you elaborate on the key differences between these two concepts? Specifically, I'm interested in understanding the fundamental distinction in terms of their purpose, regulatory treatment, and potential risks involved for investors. Additionally, I'd appreciate any insights you have on how these two offerings have evolved over time and the current trends within the industry.