Cryptocurrency Q&A
What are the disadvantages of IDO?
What are the disadvantages of IDO?
Sara
Fri Nov 08 2024
|
6 answers
1372
I'm considering investing in an Initial DEX Offering (IDO) but want to understand the potential downsides. Could you outline the disadvantages of participating in an IDO?
6 answers
Lorenzo
Sun Nov 10 2024
Disadvantages of the IDO mechanism can be observed in its less rigorous vetting process.
Was this helpful?
96
36
CryptoLordess
Sun Nov 10 2024
This lack of strict scrutiny allows for the easy launching of tokens.
Was this helpful?
293
45
Moonshadow
Sun Nov 10 2024
In contrast, the IEO mechanism has a more thorough vetting process.
Was this helpful?
60
38
Enrico
Sat Nov 09 2024
Due to the ease of launching tokens through IDOs, fraud becomes a prevalent issue.
Was this helpful?
354
61
Riccardo
Sat Nov 09 2024
Investors need to be cautious when participating in IDOs due to this increased risk of fraud.
Was this helpful?
385
33
Load 5 more related questions
