Initial Dex Offering (IDO) launchpads assist project owners and investors in correctly grouping projects and investors by utilizing multiple DEX-based investment pools or tiers.
To understand it clearly, let’s delve in this blog
The popularity of IDO launchpads among crypto startups in 2022 has been attributed to their use of decentralized exchanges, which are an important component of decentralized finance. Furthermore, these platforms make it simple for small-time entrepreneurs to build an initial community and for retail investors to gain access to tokens from larger brands. Furthermore, token transactions and secondary sales are truly peer-to-peer (P2P), preserving the Web3 space’s current notion of total decentralization. Such characteristics ensure that IDO launchpads will remain operational for a long time, as opposed to their counterparts, which did not evolve over time.
As a result, we can say that Initial Dex Offering platforms development is an excellent business opportunity for those looking to contribute to the growth of the Web3 community in some way. These platforms assist small startups in obtaining funds and followers, which were previously difficult to obtain. If you want to run an IDO launchpad venture, there are a few companies that can help you with their experience in building such platforms. They are typically customer-centric, have quick completion times, and have access to advanced technology, all at a low cost.
If you have any business idea in your mind, feel free to contact Antier.
Original Source: https://medium.com/@idodevelopmentcompany/why-build-an-initial-dex-offering-launchpad-platform-a-complete-guide-83ce3826c73f
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