Initial Dex Offering (IDO) is a new fundraising model that blockchain projects use to sell their tokens through a decentralized liquidity exchange (DEX) like Uniswap, Bancor, etc.
Key Features Of Crypto IDO
IDOs have introduced several groundbreaking features to the world of crypto fundraising.
They occur on decentralized exchanges (DEXs), removing the need for middle persons.
They provide a paradigm for democratic participation, enabling participation for individuals with internet connectivity.
IDO Vs IEO Vs ICO:
Bounce Finance: A decentralized auction platform offering a competitive swap environment for IDOs. Trust Wallet: A secure and decentralized wallet allowing users to manage and trade their tokens effectively. CoinMarketCap: An essential platform for tracking token performance and keeping up with market trends and insights.
Steps to Launch a Crypto IDO
Tips For Conducting A Successful Crypto IDO
Real-Life Examples Of Successful IDOs
IDOs first saw the light of day in 2020, courtesy of a Decentralized Finance (DeFi) project called Raven Protocol that launched on Binance DEX.
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