An initial DEX offering (IDO) is a fundraising approach that pools investment capital from retail investors.
An Initial DEX Offering (IDO) is a way for projects to sell their newly created crypto tokens to the community through a decentralized exchange (DEX). A typical IDO allows investors to lock funds into a smart contract right before a project launches its native token. At the token generation event — the moment a project launches its token — these new tokens are released to investors in exchange for the locked funds, which are being transferred to the project. IDOs provide projects with a simple and cost-effective way to distribute their tokens and raise funds, while at the same time granting higher levels of security to investors.
IDO has been one of the easiest and most profitable ways of investing for both Crypto beginners and veterans.