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.
[story continues]
Written by
@cleo_johnson
Investor, crypto interested
Topics and
tags
tags
ido|polkastarter|research|crypto|cryptocurrency|cryptocurrency-news|market-cap|crypto-trading
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: 7HgaegFiUIuMEMAEZMfwT_tSCZ5j74tD4UWNFT-cgf8
