# Create ITO

## Understanding Initial Token Offerings (ITOs)

What is an Initial Token Offering (ITO)? An Initial Token Offering (ITO) is a fundraising mechanism used by blockchain projects to distribute a new digital asset or token to investors and enthusiasts. Similar to an Initial Public Offering (IPO) in the traditional financial world, an ITO enables projects to raise capital by offering a portion of their cryptocurrency tokens to the public.

The XPort Hub Launchpad offers creators their own ITO interface, boasting undeniable advantages and enhanced features compared to standard functionalities through the KleverScan toolkit. This enables you to make your offering more vivid, informative, and significantly more user-friendly for potential participants (buyers)!

In this guide, we'll walk you through all the steps, from registering your ITO on the Klever chain to launching it on XPORT Hub.

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