ICO, IEO, and IDO explained in a few sentences:
An IDO (Initial DEX Offering) is when a token is launched on a decentralized exchange or an on-chain launchpad, and users subscribe directly with their wallets.
During the ICO boom around 2017, many projects raised huge sums with nothing more than a white paper, and many later failed to deliver on their promises.
The entire IDO process takes place on-chain. Before approving anything, verify the webpage and contract address—there are plenty of fake sites.
$ETH 2386.38 (-1.05%)
#ETH
This is not investment advice. Don’t follow blindly.
An IDO (Initial DEX Offering) is when a token is launched on a decentralized exchange or an on-chain launchpad, and users subscribe directly with their wallets.
During the ICO boom around 2017, many projects raised huge sums with nothing more than a white paper, and many later failed to deliver on their promises.
The entire IDO process takes place on-chain. Before approving anything, verify the webpage and contract address—there are plenty of fake sites.
$ETH 2386.38 (-1.05%)
#ETH
This is not investment advice. Don’t follow blindly.