An initial DEX offering (IDO) is a fundraising approach that pools investment capital from retail investors.
The IDO was created to compensate for the shortcomings of the "traditional" ICO crypto crowdfunding model.
How do crypto IDOs work?
How to launch an IDO
Unlike, say, initial public offerings and IEOs, neither the IDO nor ICO need the token issuers to pay fees to any intermediary. However, projects wishing to use the IDO or ICO fundraising model are 100% in charge of their marketing.
Another benefit of IDOs is that the issued token is listed immediately on the DEX where the IDO took place.
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