Glossary of Digital Asset Offering Acronyms
The quickly-changing digital asset market has led to many terms being used, some common and some more obscure. This is just a start, so please let me know what I missed in the comments.
DAICO ⁓ Decentralized Autonomous Organization + ICO (An Offering that combines aspects of Decentralized Governance)
DAO ⁓ Digital Asset Offering (Though a bit confusing due to Decentralized Autonomous Organization DAOs)
ETO ⁓ Equity Token Offering (Type of STO)
IAO ⁓ Initial Airdrop Offering (also being used as Initial Asset Offering)
ICO ⁓ Initial Coin Offering
IEO ⁓ Initial Exchange Offering (Offerings conducted on Exchanges)
IFO ⁓ Initial Fork Offering
ISO ⁓ Initial Securities Offering (Similar to STO but not limited to Blockchain-Based Tokenized Securities)
KYC/AML/CFT ⁓ Know Your Customer, Anti-Money Laundering, Counter Financing Terrorism (Offerings must be KYC/AML/CFT-compliant across offering jurisdictions)
PPM ⁓ Private Placement Memorandum (Offering Memorandum)
SAFT ⁓ Simple Agreement for Future Tokens (Adaption of SAFE Simple Agreement for Future Equity — Often Used when Conducting Offerings Prior to Token Distribution)
SICO ⁓ Security-Wrapped ICO (Offering Utility Tokens under Private Placement Exemptions)
STO ⁓ Security Token Offering
TABS ⁓ Tokenized Asset-Backed Securities
TED ⁓ Tokenized Equity or Debt (Type of STO)
TSI ⁓ Transactional Security Instruments (Representing a Redeemable Security)