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Six Upcoming Blockchain Projects You Should Be Watching
By IBTimes Staff Reporter
Six Upcoming Blockchain Projects You Should Be Watching Photo: Pixabay
Token offerings have been through multiple iterations over the years, fueled by the need for projects to gain recognition and liquidity for their tokens, and the insatiable appetite of crypto users for the latest and greatest new investments.
With multitude projects raising funding the DeFi and NFT ecosystem are exploding. The latest iteration of the funding raising is called an IDO (initial DEX offering).
Essentially, it’s the same model as an initial exchange offering, only with the added benefits of decentralization and more flexibility for token issuers. Given the serious liquidity that DEXs such as Uniswap and PancakeSwap now command, it’s hardly surprising that more and more projects are looking to the IDO as a means of crowdsourcing liquidity for their tokens. ....

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