Those who know bitcoin will know blockchain and those who know cryptocurrency trading will know IDO. The initial DEX Offering is now getting the utmost attention from the crypto community lately. Not just crypto users, ventures, and project developers who are getting ready to enter the crypto realm with a cryptocurrency-based project are also into IDO. If you are an aspiring crypto enthusiast looking for funds to develop your crypto project, then IDO Token development will give you what you desire. Yes! It can do better than any other fundraising method invented so far.

Here is a blog curated for aspiring crypto enthusiasts looking for the best strategy that can get you the funds. Here you will find proven facts that can tell you why (Initial DEX Offering) IDO Token Development can be the best option for you to raise funds. 

What is crypto fundraising?

In general, when entrepreneurs are in need of funds for their project development, it is natural for them to start a crowdfunding campaign through a centralized platform. They will have to pay certain fees to establish themselves on the platform. When it comes to ventures who are in need of huge funds from the public, they start an IPO fundraising campaign. IPO or Initial Public Offering is public crowdfunding where the venture sells its company shares to the public in the name of stocks. 

But these methods will not be suitable for projects and ventures based on blockchain. Since decentralization is the main aim of the blockchain, the above-mentioned methods will not be suitable. Since funds play a crucial role in deciding the success of the project, blockchain geeks came up with crypto crowdfunding concepts. Initial Coin Offering or ICO, Initial Exchange Offering, or IEO were all introduced as predecessors of IDO. Though they are still preferred by some projects according to their needs, IDO is the most popular crowdfunding concept right now. 

Why is IDO popular?

Initial Dex Offering is a decentralized crowdfunding concept that allows the project owner to launch a fundraising campaign in a decentralized liquidity exchange. IDO token development is the key here. Instead of shares or stocks in the IPO, IDO tokens are sold to the public. These tokes hold an initial value, which increases in their value on demand. When these tokens are bought in exchange for a cryptocurrency or fiat currency, the fund collected will be used for the project development. And at the end of the development, the buyers or investors who hold the token enjoy the product or service with a special privilege. 

There are many benefits that the investors and the project developers enjoy through Initial DEX Offering. Some of them are given below.

• The investors can buy the IDO tokens at a cheaper price, during the IDO which will increase once the project is launched.
• They can enjoy immediate trading options to trade their tokens as soon as they purchase. This offers better security to their assets.
• This immediate trading also brought a new trading practice of tokes giving an opportunity for crypto traders to generate passive income. 
• The Decentralized Exchange platform where the IDO is launched will increase the liquidity of the tokens better than other concepts.
• The project holders can get hold of the target audience easily through the dex platform.
• The value of the token increases as soon as an investor buys one. This is when the demand increases and the value or the price also increases along with it.
• The project holders will have the liberty to whitelist the investors for the token sale. 

There are also other benefits that make it a better crypto crowdfunding concept which is better than its predecessors ICO and IEO as well as the funding models that emerged after it. 

Glimpse of IDO

So, what happens in an IDO? What will you have to do before launching an IDO? We at Appdupe offer you everything from drafting your project to marketing your IDO so that you can achieve successful fundraising. Here are a few things you must take into account while launching your IDO. 

• You should draft a whitepaper of your project, a detailed roadmap of the project development, and a website. 
• Start the marketing campaign soon so that you get enough attention when you launch your IDO.
• IDO token generation is the next crucial step where you need to give utmost impotence. 
• Selecting the right DEX platform to launch your IDO also decides the success of the IDO.
• You will have to generate a token pool where the investors can pay for their tokens before the launch
• Once the token generation takes place the investors will receive their tokens.

Having a developer who can do it all by your side will help you in launching a hassle-free IDO. 

You must also know the fact that a decentralized exchange platform will have a serious vetting process that decides your authenticity before launching your IDO. This helps in creating reliability for the investors to invest in your project. That is why it is important to have a perfect development plan, whitepaper, and roadmap for the project before initiating the IDO process. It is also advised to have an active social media platform, a website with the details of the project team, and other contact details. They are the basic criteria to build trust on the investor’s side. 

Why Us?

At Appdupe, we have a professional team of developers who are experienced in this field for years and are experts in various blockchain networks like Ethereum, Solana, Cardano, Binance, and more. We also have a professional marketing team who understands the crypto market better with their years of research and experience in this field. 

IDO Token development is the best way you can choose for yourself because of its benefits over the investor’s side making IDO one go-to concept for quick passive earning. IDO token can be generated for anything right from a cryptocurrency token to releasing a music album. Since the dawn of blockchain in the last few years, there are many projects coming out making it the right time to start yours now.