Quote from: Lordhermes on Today at 03:39:14 PM

Quote from: ryzaadit on Today at 03:21:59 PM

Quote from: coindefi on Today at 03:19:32 PM

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/

Quote from: ryzaadit on Today at 03:21:59 PM

So, IMO

IMO-Initial Model Offering, this strategy is the worst I have ever encountered whereby 90% coin would be locked for 1-2 years, 10% would be released. The 90% locked would be releasing gradually on a daily basis. At ends meet, the token keeps dumping forever while, investors never make gains in IMO.

IMO is complete scam, almost everyone was intrigued when IMO was announced, many thought we finally have a better crowdfunding strategy but in the end it's all scam, every projects that runs through IMO for fundraising have lost 99% value