An Initial NFT Offering (INO) is a fundraising method used by creators to launch new non-fungible tokens (NFTs). Similar to Initial Coin Offerings (ICOs) for cryptocurrencies, INOs allow projects to raise capital by selling their NFTs directly to investors or enthusiasts.In an INO, creators often provide a limited number of NFTs, which can represent art, music, virtual real estate, or other digital assets. Buyers purchase these NFTs, typically using cryptocurrency, with the expectation that their value may increase over time as the project gains popularity or utility.INOs are often accompanied by promotional events and community engagement strategies, such as social media campaigns or exclusive pre-sales. They can offer benefits to early backers, such as bonuses, royalties, or access to future drops. As the market for NFTs grows, INOs have emerged as a popular way for artists and developers to connect with their audience while generating funding for their projects. However, like any investment, buyers should be cautious and conduct thorough research before participating.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the