What is an initial DEX offering?
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 be thought of as decentralized liquidity exchanges.
IDOs are the newest model for crypto projects looking to raise funds from investors.
DEXs are less scalable. It's not uncommon for ICOs and IEOs to be able to raise more than $1 billion. For DEXs, this is unheard of.
4
16 reads
CURATED FROM
Initial DEX offering (IDO): A beginner's guide on launching a cryptocurrency on a decentralized exchange
cointelegraph.com
8 ideas
·121 reads
IDEAS CURATED BY
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.
“
The idea is part of this collection:
Learn more about crypto with this collection
How to use storytelling to influence and persuade
How to create a compelling narrative
How to structure your story for maximum impact
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates