Cryptocurrency Q&A
How do crypto IDOs work?
How do crypto IDOs work?
LightWaveMystic
Wed Nov 13 2024
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7 answers
1924
I'm interested in understanding how crypto IDOs operate. Could someone explain the mechanism behind it, including how it differs from traditional fundraising methods and what are the key steps involved in participating in a crypto IDO?
7 answers
Carlo
Fri Nov 15 2024
Decentralization is a key aspect of Initial Dexit Offerings (IDOs).
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DiamondStorm
Fri Nov 15 2024
By operating on decentralized exchanges, IDOs offer fairness.
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Daniele
Fri Nov 15 2024
The decentralized nature of IDOs also promotes equal opportunities.
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BlockchainWizardGuard
Fri Nov 15 2024
Immediate liquidity is another advantage of IDOs.
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Federica
Thu Nov 14 2024
By listing the token on a decentralized exchange (DEX), IDOs ensure that there is a ready market for the token.
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