0 likes | 8 Views
Create a feature-rich and potent launchpad to increase the market visibility of blockchain projects. Our experts analyse your needs & create a launchpad that meets your business objectives.
E N D
An Initial DEX Offering (IDO) is a fundraising method through which a project launches a token through a DEX, or in other words, a Decentralized exchange. white label ido launchpad platform can be created for a huge variety of projects, from a cryptocurrency to the creation of the token for a startup that offers tokenized real estate. We must always keep in mind that when we talk about an IDO we must remember that the concept of liquidity pools, which is already known by all Reental users due to the liquidity it provides to the tokenized real estate tokens.
How it works: Projects use launch pads or launchpads where investors can go to buy the project’s token. Although it is a decentralized platform, the project that is preparing to launch its IDO must be aligned with the requirements of the specific platform.
It must be taken into account that the vast majority of tokens are based on the ERC20 standard, which means that these projects are built on the Ethereum network or on networks compatible with the EVM (Ethereum virtual machine). However, with the emergence of new networks, it is something that is constantly evolving and many tokens are multichain.
Advantages and Disadvantages Advantages: Decentralization itself: Considering that there is no need for a centralized exchange or permission to start fundraising, anyone can organize and also participate in an IDO.
Its immediate liquidity: IDOs provide immediate access to liquidity and trading, which differentiates them from ICOs and IEOs, which involve an initial waiting period. Reliable transactions: Considering that DEXs work based on smart contracts, which execute transactions and record them in the blockchain technology, which guarantees great security.
Disadvantages Lack of control mechanisms: Those organizing the fundraising have no control over who buys tokens or the number of investors. There is no possibility of integration with Know Your Customer (KYC) capabilities, as no personally identifiable information is recorded for investors.
contact@blockchainx.tech CM Nagar, Sathy Rd,Ramakrishnapuram.Coimbatore, Tamil Nadu, PIN Code 641035 https://www.blockchainx.tech/white-label- launchpad-development/