I have sorted out some common airdrop terms for you to choose from: ICO (Initial Coin Offering) is the first token issuance. In blockchain projects, ICO is the private financing of the currency circle. Before the currency is traded, it comes out to sell coins to everyone at a low price for financing. After listing on the exchange, the private equity people and the official go to the secondary market to sell coins for financing;

IDO (Initial DEX Offering, liquidity mining) is commonly known as direct airdrop, which attracts people to increase computing power, and the official keeps the coins. Then, the currency is made valuable by operation. After listing on the exchange, everyone sells it to those who don’t have coins and those who want to buy it to raise funds and make money;

IEO (Initial Exchange Offerings) is the first trading issuance, which is almost the listing of new coins, similar to the recent IO;

IGO (Initial Game Offering) is the first game issuance, which was very popular in the past few years, but the popularity has decreased recently;

From the perspective of the project party, a project can have four stages: ICO, IDO, IEO and listing on the exchange, which is the same as many traditional Internet projects. The team has an idea, makes a plan, looks for seed round and angel investors; then starts to turn the idea into a product, finds users, and collects data; if necessary, looks for some strategic investment, increases capital endorsement, and conducts ABCD rounds; then conducts internal testing, public testing, promotion, and finally impacts the exchange, goes public, and has another wave of new listings before going public