Explain all kinds of invest: IDO, ICO, IEO, IEO, IGO, INO
ICO, IEO, IDO, DAO, IGO, and INO are some familiar terms that are often heard when participating in the cryptocurrency market. Recently, IGO and INO have appeared and all these 6 terms are related to raising capital for projects on the Blockchain platform. Let’s Game Art Center research 6 ways to raise capital ICO, IEO, IDO, IGO, and INO to distinguish and invest properly!
IDO (Initial DEX Offering) is the way a cryptocurrency project raises funds through a DEX (Decentralized Exchange). The project will sell its token to IDO investors before TGE (Token Generation Event) in exchange for initial capital to bootstrap the product.
This means that project developers are no longer required to gather assets for pools; instead, the pool is formed on a DEX after the IDO is completed via its own or a third–party launchpad.
The process of an IDO can be described as: Firstly, the project and the IDO platform come to an agreement to launch the IDO. Next, the details of the IDO, the project, and the token will be given out to investors. Then, the IDO begins. Investors will start participating in the IDO via the IDO platform, following its rules. Finally, the IDO ends. Investors will receive their bought tokens when the TGE happens. At the same time, the token will be listed on an announced DEX.
At the moment, there are over 70 IDO platforms across various blockchain networks. Some of the most popular ones are: DAO Maker (Multichain) Polka, starter (Multichain)
BSCPad (BSC), Avalaunch (Avalanche), AcceleRaytor, Solanium (Solana).
ICO (initial coin offering) is a type of funding using cryptocurrencies. It is often a form of crowdfunding, although a private ICO which does not seek public investment is also possible.
In an ICO, a quantity of cryptocurrency is sold in the form of “tokens” (“coins”) to speculators or investors, in exchange for legal tender or other (generally established and more stable) cryptocurrencies such as Bitcoin or Ether. The tokens are promoted as future functional units of currency if or when the ICO’s funding goal is met and the project successfully launches.
Most ICOs require investors to pay using another cryptocurrency, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) being two common choices. There are also ICOs that accept fiat money.
The purchase process typically involves sending money to a specified crypto wallet address. Investors provide their own recipient address to receive the crypto they buy.
IEO (initial coin offering) is a token sale supervised by a cryptocurrency exchange. IEOs are available exclusively to the exchange’s users. Just like ICOs, IEOs allow investors to get new cryptocurrencies (or tokens) while raising…
Essentially, IEOs are another way to crowdfund various cryptocurrency startups through a cryptocurrency exchange acting as a mediator. With the help of crypto exchange, projects manage to get significantly more exposure, interest, and credibility. After a successful IEO, the token issuers pay a listing fee along with an agreed amount of tokens for the use of IEO platform services. Soon, the tokens are listed on the exchange where investors can access instant liquidity.
DAO (Decentralized autonomous organization) is an organization constructed by rules encoded as a computer program that is often transparent.
One of the major features of digital currencies is that they are decentralized. This means they are not controlled by a single institution like a government or central bank, but instead are divided among a variety of computers, networks, and nodes.
In many cases, virtual currencies make use of this decentralized status to attain levels of privacy and security that are typically unavailable to standard currencies and their transactions. In other words, they are member-owned communities without centralized leadership.
IGO (an intergovernmental organization) refers to an entity created by treaty, involving two or more nations, to work in good faith, on issues of common interest. In the absence of a treaty, an IGO does not exist in the legal sense.
IGOs are established by a treaty that acts as a charter creating the group. Treaties are formed when lawful representatives (governments) of several states go through a ratification process, providing the IGO with an international legal personality. Intergovernmental organizations are an important aspect of public international law.
INO (Initial NFT Offering) is a new cryptocurrency crowdfunding innovation — based on the concept of Initial Coin Offering (ICO) — that involves offering a set of limited edition NFTs for sale via the Only1 INO Launchpad. As the NFT market matures, INO rises as a solution to incentivize and reward investors and the communities.
The original NFT provided multi-recipe settlements for NFT designers and creators to sell designs as well as collections.
In the early stages, creators and upcoming projects will provide techniques with community documentation, plans, and roadmaps.
To NFT project is listed on the platform, the creators will launch under the First-Come-First-Serve model or lottery to distribute their NFT fairly, on that basis, promote participating community.
What makes INO unique: Easy NFT projects to start-up, Early Community Building, Lower Transaction Costs, and Higher Return on Investment.
For the creator’s projects and NFTs, INO is seen as a completely new in form, using the strongest elements of artistic NFT. INO always supports Just1 in its success story.
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