What is an Initial Decentralized Offering (IDO)
The offer of new, cheap and promising tokens on DEX exchanges, which is what IDO is, firstly, attracts buyers and helps the newly minted project raise money for development, and secondly, it allows speculative investors to earn a large number of X's (but this is not certain ). Early presale of tokens in order to raise capital for development is a common practice in the cryptosphere. From this...
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