Hackernoon logoCan IDOs #RightTheWrongs of ICOs and IEOs? by@victor-ugochukwu

Can IDOs #RightTheWrongs of ICOs and IEOs?

Initial DEX Offerings (IDOs) are the newest way for crypto projects to get their tokens out to the public. Participants who bought into IDO tokens have made an average of 2,036% gains, and some are even far more. Crypto startups are stacking up to launch their IDOs on DEX platforms like Polkastarter, DuckSTARTER, SpacePort, BSCPad and a few other leading platforms. IDOs are preferred because they provide projects with the opportunity of frictionless liquidity, immediate trading, significantly lower listing costs.
image
Victor Ugochukwu Hacker Noon profile picture

@victor-ugochukwuVictor Ugochukwu

Technical Copywriter, Blockchain and DeFi advocate. Passionate about the Web3 economy

Tags

Join Hacker Noon

Create your free account to unlock your custom reading experience.