Welcome to the Ask SCN Community Forums Global Forum General Discussion Why business people choose IDO over ICO?

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  • #7999

    Initial DEX offering when it comes to fundraising, IDO works like magic, IDO provides an enormous opportunity for business people to raise capital for their businesses in the blockchain space.

    Because takes palace in a decentralized exchange so there is no need for permission to start its fundraising campaign instead it needs to the meet launchpad requirement to launch the IDO. This is why mostĀ business people choose IDO developmentĀ over an ICO, IEO, or any other fundraising option.

    Not only that it also provides huge benefits to the users by allowing them to invest in their favorite projects, and sell the IDO when the price goes up and get a huge profit from that, They can even buy the IDO before even the IDO is launched and sell it after the project goes live and get a considerable profit from the IDO.

    Madison Charlie

    Business people choose IDO (Initial Exchange Offering) over ICO (Initial Coin Offering) for several reasons. IDO offers investors a more secure and regulated way to invest in a project. It is also easier for them to access liquidity in the form of tokens, which is not the case with an ICO. An IDO also offers investors more protection from fraudulent activities as the tokens are available through a trusted exchange platform, as opposed to an ICO which is open to anyone. Additionally, IDO projects often offer investors more information and transparency than ICOs, which can help them make informed decisions.

    Rylee Taylor

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