Never heard of it. But what does IDO stands for?
Initial DEX Offering
IDO- Initial Defi Offering,
That's what it means, I came across a recent project DefiForYou DFY located at Vietnam planning to launch IDO presale, I searched through the website and understood the meaning of ido whib normally done on Binance smart chain,
https://ido.defi.com.vn/So, IMO
IMO-Initial Model Offering, this strategy is the worst I have ever encountered whereby 90% coin would be locked for 1 year, 10% would be released. The 90% locked would be releasing gradually on a daily basis. At ends meet, the token keeps dumping forever..