Initial Dex Offering (IDO)
DeFiAn initial dex offering (IDO) is a way for new cryptocurrency projects to raise money by selling their tokens directly on a decentralized exchange, instead of using a traditional method like an initial coin offering (ICO).
- Definition
- An initial dex offering (IDO) is a way for new cryptocurrency projects to raise money by selling their tokens directly on a decentralized exchange, instead of using a traditional method like an initial coin offering (ICO).