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Polkastarter IDOs: Crypto Fundraising, Reinvented (yet again)

Written by @cleo_johnson | Published on 2021/5/12

TL;DR
BDC Consulting analyzed 39 projects held on Polkastarter in the past 6 months. They found that buying tokens at an IDO and selling them an hour later on Uniswap can increase the ROI to 2,700%. The long-term survival of the IDO model is under question, but it's worth saying a few words on how it works in the U.S. BDC consulting found it's hard to find out how much you can get in at the start of the project.

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Written by
@cleo_johnson
Investor, crypto interested

Topics and
tags
ido|polkastarter|research|crypto|cryptocurrency|cryptocurrency-news|market-cap|crypto-trading
This story on HackerNoon has a decentralized backup on Sia.
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