Investor trust in crypto fundraising, reimagined: Moving from the forking frenzy to farming fundamentals.
This could be attributed to the failures of many blockchain protocols that had launched initial fork offerings, leading to rising mistrust among crypto venture capitalists and retail investors alike.
A number of IFOs could be launched in farming events conducted by DEXs, providing investors with the flexibility to choose from different projects that want to raise capital. In addition to the capital raised, other benefits of the IFO process for crypto projects include enjoying access to theestablished by these DEXs and being able to market their product or service with the DEX’s large user base.
By ensuring that all listed projects in a farming event are scrutinized thoroughly by an internal assessment team,have emerged as trusted IFO platforms for crypto investors looking to invest in promising DeFi projects. Moreover, since all transactions or activity remains transparent due to the extent of decentralization involved, crypto fundraising events like IFOs are increasingly gaining ground even in the midst of an extended crypto winter period.
Additionally, initial fork offerings were highly unregulated due to the absence of any investigations or research conducted by the hosting CEX, a complete contrast to the trust facilitated by DEXs that explore intricate details of participating DeFi projects before approving them for an IFO.
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