All About the Main Crypto Trends 2021 (IDO)Today, the cryptocurrency market is undergoing very good times: Bitcoin 60k, Altseason, for 4 months already many projects have been updating their historical highs, the popularity of DeFi , NFT , as well as now the IDO boom, as there were an ICO and IEO at the time.
What is the difference between IDO, ICO, and IEO?
IEO and IDO in general are the same, except for the platform that hosts the fundraising process. Speaking of ICO - a project takes full responsibility to manage transactions and operations on an inner platform. If it’s IEO - a centralized exchange host the “ICO” in-house. IDO is the ICO and IEO both in one, but a centralized exchange is replaced with decentralized.
IDO has a great advantage on IEO because for IEO you need to pay exchange fees, which is raising up and up as the market develops. For IDO you do not need anybody’s permission. It's a synonym of decentralization - instead of exchanges, community members are the ones who vet projects and tokens. It opens new horizons.
Unlike 2017 (ICO time), platforms have appeared that select options and provide an opportunity to invest in projects such as Coinlist, Poolz, A2DAO, DAOMaker DuckDAO, Binance Launchpool, etc.
Bulk has been active on the market for over 4 years and has attracted millions $ to fund seed and private rounds.
Expected to be released of a similar platform soon — Bulk Network . They have impressive examples where they have participated in such startups. As a rule, such projects have turned a profit.
New projects give such platforms small allocations to raise funds in which many want to participate. Allocation is an allotment of tokens or equity, that may be earned, purchased, or set aside for a certain investor, team, group, organization, or other related entity. This happens in the form of a lottery. Usually, the retail investor is allocated from $100 to $1000 since the demand is very high.
Last time on Coinlist there was a queue of 400 thousand active accounts to take part in Casper. It was crazy
The market is bubbling. There are many opportunities to make money.
Naturally, investing is fraught with risks, so use money management.
Best regards EXCAVO
