Raising capital in the crypto industry is an important mechanism for the development of any project. What is the essence of an initial decentralized exchange offering (IDO)? Let’s break it down.
IDO – the process of initially offering tokens before they are listed on exchanges. In simple terms, it’s an opportunity for projects to raise funding directly from users.
The methodology is similar to initial public offerings (IPOs) in the stock market.
· IDOs allow projects to quickly launch into the market and raise funds for further development.
· Users can buy tokens at a low price and become early investors.
How it works:
1. A project announces its IDO and offers a certain number of tokens at a fixed price.
2. Depending on the platform, users fulfill specific conditions and participate. This could involve token staking or completing social tasks.
3. Distribution occurs after the token is listed on exchanges, according to the vesting schedule (token distribution plan among participants).
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To participate in IDOs, you need to have a wallet (e.g Tonkeeper) and a certain amount of assets. Other conditions depend on the platform.
❤️‍🔥 – If you’ve participated in IDOs before or plan to try
Raising capital in the crypto industry is an important mechanism for the development of any project. What is the essence of an initial decentralized exchange offering (IDO)? Let’s break it down.
IDO – the process of initially offering tokens before they are listed on exchanges. In simple terms, it’s an opportunity for projects to raise funding directly from users.
The methodology is similar to initial public offerings (IPOs) in the stock market.
· IDOs allow projects to quickly launch into the market and raise funds for further development.
· Users can buy tokens at a low price and become early investors.
How it works:
1. A project announces its IDO and offers a certain number of tokens at a fixed price.
2. Depending on the platform, users fulfill specific conditions and participate. This could involve token staking or completing social tasks.
3. Distribution occurs after the token is listed on exchanges, according to the vesting schedule (token distribution plan among participants).
—
To participate in IDOs, you need to have a wallet (e.g Tonkeeper) and a certain amount of assets. Other conditions depend on the platform.
❤️‍🔥 – If you’ve participated in IDOs before or plan to try
As of Thursday, the SUCK Channel had 34,146 subscribers, with only one message dated August 28, 2020. It was an announcement stating that police had removed all posts on the channel because its content “contravenes the laws of Hong Kong.” In handing down the sentence yesterday, deputy judge Peter Hui Shiu-keung of the district court said that even if Ng did not post the messages, he cannot shirk responsibility as the owner and administrator of such a big group for allowing these messages that incite illegal behaviors to exist. In the “Bear Market Screaming Therapy Group” on Telegram, members are only allowed to post voice notes of themselves screaming. Anything else will result in an instant ban from the group, which currently has about 75 members. Matt Hussey, editorial director at NEAR Protocol also responded to this news with “#meIRL”. Just as you search “Bear Market Screaming” in Telegram, you will see a Pepe frog yelling as the group’s featured image. Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with “#meIRL.”
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