Crypto Ocean

2023-04-05 17:39:01 Types of Token Sales
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Friends, we have already published a post on how to participate in a Token Sale like Launchpad. But today we decided to take a look at all the other Token Sales.

Token Sale is an early stage of selling tokens before they go on the exchange.

The main purpose of token selling is to raise funding for further product development. Token Sales are also a marketing ploy which raises interest in a project.

All necessary information about selling tokens is written in WhitePaper.

WhitePaper is a document containing important details about the project and a plan for its further development.

Token Sales can be divided into several types:
• ICO
• IDO
• IEO
• IFO

Initial Coin Offering (ICO)

Initial Coin Offering is a way to raise initial capital by using cryptocurrency. It is analogous to an IPO on the stock market. A project sells its tokens to investors and uses the proceeds to develop.

Initial Dex Offering (IDO)

This is an alternative to an ICO. The principle is the same, but the project organizes the initial sale of tokens with the help of a specific decentralized platform. For example, Polkastarter, DAO maker, etc.

Initial Exchange Offering (IEO) - Launchpad

The principle is the same as the ICO, but the project organizes the initial sale of tokens with the help of an exchange. For example, the launchpad on Binance, ByBit, etc.

This is the main type of token sale on which cryptans earn. To participate in such events, we made instructions.

Initial Farm Offering (IFO)

A kind of token sale in which you need to provide liquidity for certain pairs of coins on a decentralized platform. Depending on the volume, an allocation for token seals will be issued. Simply put, this is allocation farming. For example, on PancakeSwap.

The advantage of token sale is the ability to buy tokens at a lower price than before open trading on exchanges. At the same time, it is necessary to take into account the risk of losing invested funds. For this reason, you should always conduct your own DYOR to avoid getting caught in a scam project.

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2023-04-05 16:38:44 Do you enjoy reading this channel?

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2023-04-05 13:03:01 Humanity's adoption of new technologies

The graph shows how much faster the adoption of bitcoin is compared to the adoption of other modern goods (Internet, cell phones, smartphones, electricity, etc.)

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2023-04-05 12:02:48 Introducing "The AI Insider" – Your Ultimate AI News & Insights Destination

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2023-04-04 20:14:16 European regulators turn against ChatGPT

ChatGPT's ban in Italy inspired other European regulators to take tougher action against popular AI chatbots

The main reason the regulators are appealing to is the illegal collection of personal data

Should ChatGPT be blocked?

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2023-04-04 17:02:55 TOP 15 COINS BY POPULARITY ON COINMARKETCAP IN MARCH

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2023-04-04 16:01:13 The hard truth: US banks are collapsing, European banks are getting closer to collapse. And crypto continues to grow.

At the same time, 78% of the population still doesn't know how cryptocurrencies work! And they're losing a cool opportunity to save and grow their savings.

Meanwhile, there are plenty of easy ways to learn the basics of crypto. For starters, it's worth signing up for Learncrypto and finding out:

- Where does the value of cryptocurrencies come from?
- Which coins should NOT be bought by newbies?
- 6 ways to lose your savings forever

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2023-04-04 14:01:17 How to protect your wallet from hacks?

Previously, we discussed the importance of security in the crypto market. Now I'm going to share information on how you can check the security of your wallet and reduce the risk of getting hacked. Several platforms will help us with this

De.Fi - using this service, you can check your wallet balance on all available networks. In addition, you can view the contracts that were previously signed on various dubious sites, and cancel the signed transactions, which would protect yourself from hacking these same platforms

Revoke.cash is a similar service that allows you to cancel signed transactions on your wallet and sometimes provides more detailed information than De.Fi

Why cancel signed transactions?

When you sign a transaction on any DeFi platform, you automatically put your wallet at risk. If such a platform is compromised, attackers are likely to prey on users who have previously used it

There have been many cases where people who used a "proven" decentralized exchange several years ago have been hacked and lost their money without any chance to get it back. Based on this, I recommend that you cancel all questionable approvals and sleep well...

Save and share this information with your friends

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2023-04-04 11:30:11 Elon Musk Launches DOGE into Space

Dogecoin logo added to Twitter. The cryptocurrency's logo is displayed instead of the Twitter logo and when the site loads

DOGE +27%

Elon Musk sends Dogecoin holders his regards

Watch more memes on our second channel Crypto Memes & Jokes

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