What is the initial release of IDO? Introducing future initial releases

Erfan Cryptocurrency January 4, 2022

Introduction

The initial release of Coins or ICOs in 2017 became very popular. In 2019, the Exchange Initiative (IEO) boomed, and centralized digital currency exchanges, such as Binance, acted as a springboard for new tokens. In 2020, a new type of initial public offering will enter the digital currency market: the initial public offering (IDO) (Initial Defi Offering). Join us in the rest of the article to get acquainted with this type of initial public offering and learn about Defi’s initial publicity projects.

What is Defi?

The Defi platforms finances decentralized (Defi) are working on Blockchain bed. Defi uses smart contracts to manage financial systems.

With the spread of blockchain and digital currencies, financial markets and decentralized financial systems are expanding. Financial markets and banking systems do not provide people with free and fair access. The infrastructure currently being provided is relatively centralized; As a result, they are vulnerable and pose risks such as fraud, censorship, counterfeiting, and financial markets.

Blockchain is preparing a new, decentralized and reliable infrastructure for financial markets. Defi is a new infrastructure of blockchain-based financial markets that enables decentralized financial management.

Defi’s motto is “Bank for people without a bank.”

What is a Quinn Initial ICO?

ICO stands for Initial Coin Offering. Quinn’s initial public offering is a new concept of group investing used in the digital currency industry. It is a process in which a company launches its digital currency for the first time to finance it.

Digital currency developers usually issue a certain number of their tokens as an initial public offering and then sell them to buyers in exchange for bitcoin, tetra, or fiat money.

What is an Exchange Offer (IEO‌)?

Initial Exchange Offering is selling a token that is offered and monitored through cryptocurrencies. The initial public offering of the exchange is exclusively available to users of the same business; Of course, some IEOs may be held in several conversations.

The initial public offering of the exchange is the next step in the evolution of the Quinn initial public offering (ICO). Defi did not monitor the initial supply of coins, and many scams occurred in this way. But in the initial public offering of the exchange, users could participate more efficiently and with more confidence; Because the businesses were examining the digital currency team and project in question.

What is Initial Defi Offering (IDO)?

Decentralized financial systems, which use smart contracts instead of third-party intermediaries to fund traditional and older methods, have become one of Atrium’s most brilliant advantages in recent years. We are currently witnessing major new Defi projects with applications such as lending.

In addition, one of the most significant growing applications of Defi is a decentralized exchange (DEX), which allows users to trade tokens 24 hours a day, seven days a week, easily and without permission. Among these platforms, Uniswap, first deployed on Atrium in November 2018, has become particularly popular and has become an excellent and reliable source of liquidity for the digital currency ecosystem.

A feature that has made Uni Swap popular is that its smart contract is publicly available; This means that anyone or any project can use its practical infrastructure. With the launch of IDO, Uni Swap has become the system of choice for distributing a new class of valuable digital indigenous products: management tokens.

Government tokens are such that they give token holders the right to vote and thus to manage the core network protocol; A valuable feature that has made Defy flourish. Therefore, IDO initialization is a decentralized way of obtaining management tokens offered to members of the project community.

Fundamentally, the most attractive DFS startups are projects that have completed a product, tested on the Atrium core network, or published public MVPs. Projects that start with just the release of an ERC20 token and the release of a white paper are not worth the investment.

Latest IDO Releases

UMA diff initial release

Defi launched the UMA protocol in December 2018. The project is a decentralized financial contracting platform that aims to provide users with access to the global marketplace. In particular, the UMA protocol specializes in amplifying so-called cost-effective hybrid tokens, which are collateralized ERC20 tokens that can track everything without constant on-chain pricing through an oracle. The project launched its first valuable token, ETHBTC, in May 2020 to demonstrate its technology. The initial version of this token follows the ETH / BTC price ratio and allows investors to buy or sell according to the price of ether against bitcoin.

The initial release of DIFA COMP

Launched in September 2018 on Atrium’s core network, Compound Digital Currency is a money market algorithmic protocol that revolves around decentralized lending. Users can offer their liquidity to the Protocol to borrow by pledging, compound interest, or digital currency. Since its inception, Compound has been recognized as one of Atrium’s most advanced programs. As of early July 2020, Compound was DeFi’s most significant project, with a total value of $ 679 million; that’s $ 70 million more than MakerDAO, Diffie’s second-largest project at the time.

The initial release of DFD DXD

Following the launch of the team Gnosis in March 2019, DXdao is a decentralized suite focused on developing Diffie products. To date, DXdao has supported and owned projects such as Omen. Eth and DEX Mesa. Eth, a decentralized forecast market. DXD is a native token of the DXdao ecosystem.

The initial release of Difai is coming soon!

BRONX

This project was renamed from b0x to bZx in July 2018. the box is a decentralized platform for lending and margin trading. Project officials explained:

Unlike most blockchain startups, box has made the ethical decision not to release its tokens to the public without a fully functional platform.

MTA

Launched in May 2020, the mutable Protocol is a comprehensive decentralized platform for stable coin lending and liquidity. This Protocol allows users to store stable ERC20 coins such as Dai, USDC, or USDT to produce 1: 1 USD. If renewed, MUSD can be deposited in a “reserve” contract to monetize projects such as Compound and Aave. Alternatively, you can use the swap feature to transactions with enabling StableCoin slippage zero.

CRV

In June 2020, Curve Finance, a decentralized exchange, unveiled the DAO curve and CRV tokens for efficient, stable coin trading with stable coins. DAO is based in Aragon and collects Curve trading costs. The CRV token is also a management token that supports Staking.

Concluding remarks

In 2021, Defy projects flourished. The need to defy platforms that can provide sound financial services to digital currency users was fully felt. With the advent of defy projects, many people became interested in investing in them. So the project developers started the initial release of IDO.

There are many different ways to launch a DEFA, but there is one particular thing: more DFIs or Initial Defi Offering (IDOs) are on the way. One reason is that this type of supply has just started. Another reason is that, at present, this type of public offering and strengthening of social activities around Difai projects in their early life has been beneficial for introducing and attracting project capital; So more projects will surely follow this success. So the key for investors is to invest in projects with interesting end products or MVPs. These days, just having white paper and a token is not enough.

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