Initial DEX offering (IDO): A beginner's guide on launching a cryptocurrency on a decentralized exchange - Deepstash

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Reading this article gives me all kind of red flags, beware, it seems to be a hard sell on IDOs argumented by the prospect o earning money instead of technical information and value.

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Initial DEX offering (IDO): A beginner's guide on launching a cryptocurrency on a decentralized exchange

Initial DEX offering (IDO): A beginner's guide on launching a cryptocurrency on a decentralized exchange

cointelegraph.com

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The maturation of the cryptocurrency industry as a whole has led to the creation of the initial DEX offering (IDO), one of many creative fundraising approaches. But the first fundraising approach in crypto was the initial coin offering (ICO), which in 2017 generated a lot of ill will. It also tur...

An initial DEX offering (IDO) is a fundraising approach that pools investment capital from retail investors. The IDO was created to compensate for the shortcomings of the "traditional" ICO crypto crowdfunding model. Because an IDO works with a DEX, as opposed to a centralized exchange, DEXs can b...

How to launch an IDO

This section covers how users can launch their IDOs in a step-by-step fashion. To launch a successful IDO, users must also learn how to create a cryptocurrency.

Plan the token offering to be released over a DEX by creating a strategy that makes sense. The strategy should include the challenge the project aims to resolve, fund allocation, which blockchain the project will run on, the general marketing strategy and how to spearhead the project post-IDO and...

At the very least, marketing collateral for an IDO launch includes a website and a white paper . A well-branded website that is visually pleasing can do wonders for...

If the project meets the platform’s requirements (typically consensus and whitelisting), an IDO will be approved.

The process for launching a cryptocurrency has become straightforward. Users might be able to discern from CoinTool that it doesn’t take much time at all. 

The difficulty isn’t in the token generation. Pretty much anyone can figure out how to make a cryptocurrency. The challenge is in convi...

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