The power of IDO in crypto projects.
27-03-2023
IDO - initial DeX Offering is a famous process in crypto projects to collect the funds for the stability , strength, development and growth of the project. It also enable the core team to pay smart contract fee and team of technical block.
Any crypto project aimed four main tasks through IDO process.
👉 Get attention of investors by offering low price of token in IDO period.
👉 Get userbase for project on social media like Twitter, telegram.
👉 Airdrop of token to community for Wallet addresses , holding token numbers and circulation of token.
👉 Quick access of token in initial trading and liquidity on demand.
What should we do before going to IDO trade.
Verify the smart contract of the token on CMC, BSScan etc.
Check project's website (without website the project goes in doubt)
Check other social media like Twitter, telegram.
Check board of directors, management team and core team.
Check liquidity and total supply
Check road map of the project.
If we see in recent days ( March only) three major new entries happened which are successful. The only thing behind them is aggressive team , loyal community and successful IDO trade period.
ARB and ID listed already on different DeXs and trading with bumper bull 🐂 as prices went 500% + within a day.
AIT token still now in IDO stage where different activities going on like IDO trade on pancakeswap, charts on poocoin and Airdrop for community on telegram. AIT token sales in IDO achieved its 45% target in first 25 days and by 15th of April they will close it to list on DeX like Binance and SupereX.
The airdrop campaign is live through Airdrop bot and anyone ( click on airdrop bot to get access to airdrop ) can claim 100K AIT tokens worth of $100 by simple tasks.
By 15th of April this IDO will ends and innovative sales or paired sales will begin in exchanges.
IDO benefits for investors.
Investors alway pick lowest price of the token which mostly stands on 25% of original price in three presale rounds . Third round keeps optional if sales targets not achieved in first two rounds. IDO trade is opportunity to gain high profit and most of investors sell the token on launching time because people rush to the token and the price went to moon in no time.
That's all for today. Like , upvote and leave the comments for feed back.
Cheers,
Amjad
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Lead image: Taken and edited by me on flash.
Such Airdrop is looking scam. I also joined such type of airdrop before few months. But , I couldn't swap coins..