Top Launch Pads and IDO Platforms Cryptocurrencies and Tokens February 2024.
Tokens of the best IDO launch pads sorted by market value, price, trade volume and variation.
What is a Dex Initial Offer?
Dex initial offerings, or IDOs, are tokens representing any type of asset hosted on a decentralized exchange (DEX) – an IDO is when a project launches a token through a decentralized liquidity exchange. IDOs can be created for anything from cryptocurrencies to music albums and ether-powered warships. IDOs give companies a tool to engage their communities in an economy that enriches their products and services, while enabling them to make smart business decisions around their assets.
In the same way that traditional startups receive venture capital before launch, projects that issue initial DEX offers receive financing from individual investors. Unlike an initial public offering, investors in dex initial offers never have any stake in the project.