An initial node offering (INO) is a more ethical funding alternative to develop a decentralized system to an initial coin offering (ICO) and its applications are specifically studied for peer-to-peer systems.

The INO enables the public to be actively involved in the project development and its evolution by selling NFTs which are the key to run the nodes of the system’s own peer to peer network.

While ICOs focus on creating out of thin air coins or tokens that are often used to enrich a few that buy them cheap just to play an unsustainable pump-and-dump scheme.