These are the five major steps to launch your IDO to the public and start fundraising in the crypto space.
Derive a business strategy
Deriving the business strategy would make a lot of sense to the investors about your IDO, which builds trust among the investors and encourages them to invest in your IDO. The strategy should include the project challenges and the project potential to the public by launching your white paper.
IDO Development
In the white paper itself, we should determine which blockchain the project is going to launch on because
Choosing Blockchain
One of the most important steps in starting an IDO is selecting the right blockchain network. after choosing the right platform for your project and starts our development for the specific blockchain network.
Smart contract
The creation of smart contracts is a major part of the IDO because the whole process falls in the decentralized platform so the smart contract should be more than perfect.
Testing
When the smart contract is finished, it should go through several tests to ensure that it is free of bugs and any other vulnerabilities to attack.
Crypto token development
A typical IDO investor locks up funds in exchange for a new token. In IDO, the token is meant to be the asset, so the investor is getting an IDO for the stablecoin or either cryptocurrency, so delivering the perfect token to the investor is the major task in IDO development. It can all be done by choosing the pitch-perfect IDO development company.
Promoting your IDO
It will help you to reach the target audience, which will create more demand for your IDO even before the presale, and demand for your IDO will get an increase in price, which will be a positive sign among the investors.
Visit a dex launchpad
If the IDO meets the every requirement of the launchpad, then the IDO project is listed in the DEX launchpad. For public sales, here are some of the best lDO launchpads to list your IDO
- FireStarter
- DAO maker
- TrustPad
- BSCPad
- Bounce
launch the token to start raising funds
After the IDO project is launched, people start buying the IDO tokens for the stablecoin or cryptocurrency. And your IDO project starts to raise funds, IDO benefits both the token holders and the fundraisers. IDOs work because DEXs can provide immediate token liquidity. This is why DEXs tend to reward liquidity pool providers with handsome rewards and incentives. These are all the steps to launch your IDO.
Why choose Maticz as your technical partner?
Being years of hands-on experience in the blockchain field, maticz is well known as an enterprise blockchain development company. Our expert developers will satisfy your complete business requirements for developing an IDO. Not only in IDO we are experts in DAO development, as well as the pioneer DApp development company.
“ By bringing our client visions in the world of blockchain, We have satisfied customers all around the world.”
