What is IDO?

IDO is an Initial Token Offering that takes place on a decentralized platform. IDO implies crowdfunding, that is, fundraising to invest in a startup. The main difference between IDO and other fundraising methods for startups is that there are no listing fees in IDO. All funds are collected on the accounts of reputable exchanges such as Binance or Uniswap, which significantly increases the trust level in projects.