What is an IDO: How it works.

IDO Which is an Abbreviation for INITIAL DEX OFFERING is a form of Cryptocurrency fundraising system that is conducted via Decentralized exchange platforms (DEX), Unlike ICO “INITIAL COIN OFFERING”, which takes place mainly on Centralised exchange platforms like BINANCE.

IDO Serves as a Useful means of raising capacity and capital for New Blockchain projects and Startups. This works by the Initial Crypto project Team partnering with a DEX (Decentralized exchange) Launchpad With their main Project Governance Token which is going to serve as a Utility on their platform.

The DEX LaunchPad Platform provides Enough visibility for the intending Project to get Major attention from users and investors. This way, Early supporters and stakers get to form an Engaging community on the IDO project .

Why IDO is a better and Easier Fundraising System than ICO, IEOs, STOs and others
IDO Projects have a better potential Based on several factors that DEFI Offers. Users can Get instant access to Immediate Liquidity and trading. This way, the project is already alive with active interaction.

IDOs also enables Unmatched transparency thanks to Decentralised Exchange protocols, this gives users more encouragement to Engage. On top of that, Investors get to be safe from Pre-mines which gives organizers an unfair edge over initial investors and participants.

Smaller Projects also benefit greatly from IDOs by Getting to gain more exposure and raise funds instead of a Likely rejection from ICO options.

In Conclusion, IDO as a fundraising option gives users and Investors the opportunities to choose and actively engage in their desired potential without a Third party or intermediary. It allows projects to take advantage of the trustlessness and transparency that comes with DECENTRALIZED FINANCE (Defi) to help grow their Projects

Get Access to Institutional Automated Trading system with Mevengine Technology. Harness High-Speed Algorithms and Smart contracts to your trading advantage. Get started Here