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Author Topic: IDO can do better ?  (Read 68 times)
Gunday_07 (OP)
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December 18, 2020, 07:32:41 AM
 #1

I've got my eye on MahaDao for few days now and today I see that it's ROI is over 300% already, the reason why I got my eye on this project isn't really about the use case but the fundraising strategy they planned to use which is called IDO, I'm surprised this project raised big money through IDO, is IDO better than IEO? MahaDao price is over 2$ now and trading volume is over 5 million dollars too

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December 18, 2020, 07:53:12 AM
Last edit: December 18, 2020, 08:03:14 AM by Anonylz
 #2

I've got my eye on MahaDao for few days now and today I see that it's ROI is over 300% already, the reason why I got my eye on this project isn't really about the use case but the fundraising strategy they planned to use which is called IDO, I'm surprised this project raised big money through IDO, is IDO better than IEO? MahaDao price is over 2$ now and trading volume is over 5 million dollars too

It would have help alot and save me some time if you hard attach a link to read more about this project, am hearing about this project for the first time and since am the type that like checking new stuff out (you never know where you can find a true gem) i don't mind checking it out, but from what you have said, return of investment already 300%, not a good time to get in, early investors already drain it and got huge profit  Shocked

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MahaDao LINK

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cryptomaniac_xxx
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December 18, 2020, 08:00:07 AM
 #3

I've got my eye on MahaDao for few days now and today I see that it's ROI is over 300% already, the reason why I got my eye on this project isn't really about the use case but the fundraising strategy they planned to use which is called IDO, I'm surprised this project raised big money through IDO, is IDO better than IEO? MahaDao price is over 2$ now and trading volume is over 5 million dollars too
I'm sorry, but it seems that this is just another hype of this whole DAO thing that we have seen lately. 300%? and as you have admitted you didn't check the use case and yet they've gain so much? Something must be fishy here. So for now, just enjoy the profits that you got, because I don't think the price will stay that high for a long time, just saying.

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December 18, 2020, 08:10:35 AM
 #4

Yes, this is something like a random choice. We can't state IDO is better than IEO or ICO. In every form of fundraising there is flaw as well as good part. In recent days DEFI was praised, due to the increased profiting. This means one in hundred has turned to be highly profiting while the rest are unsuccessful. So, can we term DEFI is bad. In terms of usecase it is good, and same is with IEO, IEO for different projects.

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December 18, 2020, 08:16:25 AM
 #5

I've got my eye on MahaDao for few days now and today I see that it's ROI is over 300% already, the reason why I got my eye on this project isn't really about the use case but the fundraising strategy they planned to use which is called IDO, I'm surprised this project raised big money through IDO, is IDO better than IEO? MahaDao price is over 2$ now and trading volume is over 5 million dollars too
I'm sorry, but it seems that this is just another hype of this whole DAO thing that we have seen lately. 300%? and as you have admitted you didn't check the use case and yet they've gain so much? Something must be fishy here. So for now, just enjoy the profits that you got, because I don't think the price will stay that high for a long time, just saying.

Quote
ARTH is a decentralized algorithmic currency that aims to fight depreciation. Irrespective of which direction the market moves, ARTH coin holders will never lose their buying power.

what i don't understand with the above is does that mean holders of this ARTH coin will not experience any dump in price of the value of the coin even if the whole market is down! there are some previous project who also give such claim but could not keep to it, i just see this as a marketing strategy to gain more investors, they have a very small supply of 10 million and i can see the price already at $2.4.

JHORN
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December 18, 2020, 08:24:13 AM
 #6

It's always about the profits isn't it? MahaDao is just as good as many other dao and DeFi projects this days, this doesn't mean the project will be here for many years to come or will perform very well later, make money and exit is the new safe rules on new projects today, be smart

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December 18, 2020, 08:35:06 AM
 #7

IDO means initial dex offering, yes IDO is getting popular more and more this year but the success of IDO has nothing to do with the exchange, if the project isn't that good enough or confusing enough there will be no sell out, it will also lack good volume and liquidity, this MahaDao looks good enough, I don't know how they manage to attract lots of investors though but all the best

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December 18, 2020, 09:23:51 AM
 #8

I've got my eye on MahaDao for few days now and today I see that it's ROI is over 300% already, the reason why I got my eye on this project isn't really about the use case but the fundraising strategy they planned to use which is called IDO, I'm surprised this project raised big money through IDO, is IDO better than IEO? MahaDao price is over 2$ now and trading volume is over 5 million dollars too
not necessarily IDO is better than IEO or ICO, because it all dependent on project team or token issuer, Simply performing an IDO has no relation to a project’s quality at all, as nobody does the research except yourself. DYOR.
leea-1334
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December 18, 2020, 09:40:51 AM
 #9

I've got my eye on MahaDao for few days now and today I see that it's ROI is over 300% already, the reason why I got my eye on this project isn't really about the use case but the fundraising strategy they planned to use which is called IDO, I'm surprised this project raised big money through IDO, is IDO better than IEO? MahaDao price is over 2$ now and trading volume is over 5 million dollars too

IDOs are not any safer than IEOs,,, I would advice the same high caution for all of these than everything else in Defi.

Decentralized just means no "project or exchange" but they can exit scam you just as easily if not more easily since not all investors understand how DEX and smart contract liquidity pools work. Be careful!

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December 18, 2020, 09:46:06 AM
 #10

IDO is more risky than IEO because investors are 💯 on their own, you are at users risk here and no one will care if you lose your money, if binance mistakenly Introduce a scam project you can still have confidence of getting your money back because the top exchange will take full responsibility for your loss

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December 18, 2020, 09:53:38 AM
 #11

I've got my eye on MahaDao for few days now and today I see that it's ROI is over 300% already, the reason why I got my eye on this project isn't really about the use case but the fundraising strategy they planned to use which is called IDO, I'm surprised this project raised big money through IDO, is IDO better than IEO? MahaDao price is over 2$ now and trading volume is over 5 million dollars too
IDO or IEO is the same thing. MahaDAO is indeed successful because it has a good concept, and created quite a lot of hype by partnering with several big projects. Whatever the fundraising method, this project is sure to be a success.

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December 18, 2020, 10:10:09 AM
 #12

I've got my eye on MahaDao for few days now and today I see that it's ROI is over 300% already, the reason why I got my eye on this project isn't really about the use case but the fundraising strategy they planned to use which is called IDO, I'm surprised this project raised big money through IDO, is IDO better than IEO? MahaDao price is over 2$ now and trading volume is over 5 million dollars too
First time to hear about this IDO, a new type of crowdfunding through decentralized exchanges. So after, ICO, we have IEO, defi and now IDO. I see the same thing for this crowdfunding.
It will be ending up as the same as other tokens but the first projects that will conduct this strategy would be the first most successful of them all. And the ones that will follow the steps of the first tryouts of IDO, they're already late and investors would just come and by to those projects without any seriousness but only to make money.

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December 18, 2020, 10:52:19 AM
 #13

Many new projects will prefer IDO because it costs nothing compare to IEO, even scammers can easily use IDO for fund raising since there won't be any type of investigation on them, IDO isn't safe at all, you need to be careful around projects that use IDO, I will prefer IEO over IDO any day but it's still about the project itself, quality projects can decide to use IDO too

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