Meaning of IDO - Web3?
IDO stands for Initial DEX Offering in the context of Web3 and cryptocurrency. It is a type of crowdfunding method where a project launches its token directly on a decentralized exchange (DEX). This allows investors to buy the tokens as soon as they are listed, often at an initial offering price. IDOs are popular because they provide immediate liquidity, are accessible to a broader audience, and do not rely on centralized intermediaries.