IDO stands for Initial DEX Offering, which temporarily translates to the initial distribution of coins on DEX. DEX stands for Decentralized Exchange.
The IDO model is a successor to other crypto fundraising methods such as ICO, STO, and IEO.
An IDO is a project that issues tokens through a decentralized liquidity exchange and manages fundraising events on behalf of project members. Binance DEX organized the first IDO project.
Solanium
Solanium is one of the latest IDO fundraising platforms on the Solana network. Solanium’s new IDO participation makes it more equitable to participate in Solanium-supported projects.
Solanium’s first project was also the project to make Solanium’s name “Port Finance” for 38 times the opening price.
Currently, on the Solanium platform, there are nearly ten development projects, all of which operate on the Solana network.
According to Roundmap, Solanium is focusing on developing decentralized trading on its platform to meet investors’ investment and trading needs.
The solaium platform offers a “SLIM” Token that investors can use to participate in new projects by Staking their SLIM coins to get tickets to the lottery.
Raydium
Raydium is an AMM broker operating on the Solana Blockchain network. Raydium is a synthetic platform that pushes all the needs of Crypto investors. Offers Defi activities on the Solana network such as Decentralized Trading, Swap, Liquidity Pools (LPs), Staking, Farms, and Launch (Accelerator).
In particular, Accelerator is a program to support new projects that call for Raydium’s IDO funding. Among the Raydium projects supported by ATLAS, POLIS is the most famous pair of projects mentioned by FTX (SAM) and Binance (CZ) owners.
Most recently, Raydium provided an additional Dropzone funding program focused on releasing NFT projects on the Solana network.
The Raydium platform provides a “RAY” Utility Token to support investors who can be Staking or join projects released on their platform.
Polkastarter
Polkastarter is a crowdfunding platform born in 2020. In the beginning, Polkastarter operated on the Ethereum network. However, by 2021, they switched to using the leading Polkadot network.
The Polkastarter platform supports many projects on many dimensions, such as Ethereum, Binance Chain, and Polygon, so there are many projects for to choose Polkastarter to implement IDO for their project.
Up to this point, Polkastarter has had more than 30 successful large and small projects.
The Polkastarter platform offers the Utility Token “POLS”, which allows the investor to hold to receive the opportunity to participate and the projects they issue.
Avalaunch
Avalaunch is the first IDO platform on the Avalanche blockchain network, developed to support projects built on the Avalanche network.
Avalaunch offers a new form of IDO participation for investors, which is entirely different from the current funding models with many new functions and modes of operation. They believe this solution will support more equity for small and medium investors, avoiding the situation of too many applicants who do not make project purchases.
Avalaunch has successfully supported three projects, each of which has achieved certain successes. Since the Avalanche network is entirely new, there is still a lot of potentials for new investors to develop.
Avalaunch offers a “XAVA” Utility Token that investors can use to Staking and participate in their projects easily without competing for project tokens.
DaoMaker
DaoMaker is one of the most well-known fundraising platforms in the Ethereum network, offering technologies that enable project developers to quickly call for funds on their platforms and support venture capitalists who can access and participate in investment in projects they issue conveniently.
It can be said that Dao Maker is one of the most influential and developed platforms in decentralized funding platforms.
Dao Maker has supported the release of nearly 60 large and small projects. One of the projects that attract the community is the My Neighbor Alice project, with a profit of almost X300 times, helping the name Dao Maker become more prominent in the IDO platform.
Dao Maker provides a “DAO” Utility Token that makes it possible for investors to Staking and qualify for investment projects safely, as well as using KNIVES in the Dao Maker ecosystem.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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