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IDO is one of the best crowdfunding models that was selected by many DeFi projects for their startups to issue tokens on decentralized exchanges and automated market makers (AMMs).
They will raise funds transparently and fairly than the previous crowdfunding process.
Most of the DeFi projects uses Ethereum Blockchain to create a token with the ERC-20 token standards.
There are also other blockchains like Binance Smart Chain, TRON, EOS, etc., with token standards to create reliable tokens.Here we discuss the process of creating tokens and the economics that come with it.
Engage your audience on the platform and let them know the talk and discuss the project by building a community.We suggest recognizing the right audience for the goal rather than ending up just time passers.Build a platform on blockchain that targets the right audience based on your goal.Select your BlockchainMany blockchains support IDO development like Ethereum, Polkadot, Binance Smart Chain, etc.
Since Ethereum is flexible to develop tokens with its unique features.
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