> For the complete documentation index, see [llms.txt](https://logyq-protocol.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://logyq-protocol.gitbook.io/whitepaper/tokenomics/ispo-rewards.md).

# ISPO

An Initial Stake Pool Offering (ISPO) is a unique method of decentralized fundraising for startups on Cardano. Cardano is a permissionless, decentralized public blockchain that facilitates peer-to-peer transactions through its native coin, ADA.