Initial Dex Offering (IDO) Definition | CoinMarketCap
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IDOs, on the other hand, can offer a far more cost-effective token sale and listing model.
Initial dex offerings, or IDOs, are tokens that represent any type of asset hosted on a decentralized exchange (DEX)
IDOs offer businesses a tool for engaging their communities in an economy that both enriches their products and services while allowing them to make smart business decisions regarding their assets.
In an IDO, a blockchain project makes a coin’s first public debut on a DEX in order to raise funding from retail investors.
IDOs have similarities with initial exchange offerings (IEOs), where crypto projects launch their token and raise funds via a centralized exchange,
Firstly, an IDO provides quick liquidity with little to no slippage through available liquidity pools in a DEX. Relatively, it has cheaper listing costs
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