https://www.dunitech.com/ETO-Development.aspx

It is common for new firms to use equity financing to dilute shares in order to raise capital. The standard methodology entails existing shareholders diluting the corporation in order to attract new investors in multiple rounds. Equity token-based finance has two stages: non-public barred up Stage and Public Liquidity Stage. Throughout the lock-in period, you will be able to keep the stocks as non-dilutable. Equity Token Offering tokens are on the market for investors (ETOs)