What is an ITO?

An initial token offering (ITO) is the Token Sale start of Leondrino tokens of token class D.
The purchase of such Leondrino tokens is always a bet on the future and is limited in volume per user and transaction; namely at 100.00 Euro per transaction and 1,000.00 Euro per month, and therefore does not fall under a regulation of financial services.
With the start of an ITO, Class D tokens combine the right to purchase certain products or services of the brand company in exchange for the branded tokens or, should that happen, to convert the Class D tokens one-to-one into Class C tokens.
Tokens of the token class D are neither transferable nor tradable and cannot be returned to the issuing brand company in exchange for a payment of national currencies.