IDO, or Initial DEX Offering, is a fundraising method in the cryptocurrency sector where new tokens are launched directly on a decentralized exchange (DEX). It is a variant of the more famous Initial Coin Offering (ICO) model. In IDO, projects raise capital by issuing their tokens on a DEX platform, allowing users to trade new tokens directly against existing cryptocurrencies.
The key feature of IDO is its decentralized nature. Unlike traditional ICOs, which often involve centralized platforms and intermediaries, IDOs take place directly on DEXs. This can provide greater transparency, access and security for both project teams and investors. IDOs also allow for immediate trading of tokens after issuance, giving investors instant access to the market.
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