What is an Initial Dex Offering (IDO)โ
๐ IDO (Initial Dex Offering) โ is the public sale of a token in a pre-sale. Why has IDO become so popular? Because people who buy a token in the IDO phase can often buy it at the listing price or even below that price. And on the day of listing, if the project is appropriately promoted, we have a huge supply and demand shock, and the target goes up. IDO is a way to stay one step ahead of the market.
There are more and more launchpads on which you can conduct an IDO. One of them is StarTerra โ the first gamified launchpad for Terra.
StarTerraโs gamification is built to have certain minimum entry thresholds and allow you to maximise your score in the leader board (a sort of table) by staking more StarTerra ($STT) tokens or being active on their social media.
Additionally, when you enter the Play2Earn tab, you may find that you have not only invested your money (i.e. stable coin UST, and bought at a bargain price a token of a particular project, e.g. RoboHero), but also there is a chance that you will be able to earn a return in the form of UST tokens.
What is an Initial Game Offering (IGO)โ
๐ IDO in the gaming industry more and more often are called IGOs (Initial Game Offerings). They are an opportunity to invest in gaming projects at an early stage that can offer huge returns after their launch.
IGO took its origin from the concept of ICO Inicial Coin Offering. IGO launchpads like StarTerra are the latest trend in the crypto world. The only difference between ICO and IGO is that the platform hosts gaming projects based on NFTs or tokens as their in-game currency and rewards.
Initial game offerings (IGOs) are an opportunity to invest in gaming projects at an early stage that can offer huge returns after their launch. Investors put their funds into the gaming projects like RoboHero offered by IGO launchpads and anticipate significant ROI once that gaming project is listed on major crypto exchanges or grows in popularity in the flourishing gaming community. With the advancement of the blockchain gaming industry, IGOs are becoming the next big hype in the crypto space. Everyone knows โwho jumps in first gets the most profitโ.
The primary purpose behind IGOs is to deliver early access to gaming assets for early investors, with an estimated significant return on investment in the future.
To find out more about our IGO on StarTerra, read ๐ here.
๐ฅ IGO registration on the @StarTerra ๐ is open:
https://app.starterra.io/project/robohero
#WeFightForLUNA ๐ #WeFightForROBO ๐ค
