New IDO Launches, L7 is pioneering Value Discovery in Web3

Ethereum's Dencun upgrade is on the horizon, and Bitcoin's halving is fast approaching. As Bitcoin breaks through the $60,000 mark, the cryptocurrency market's sentiment is soaring. In this optimal period at the bull market's onset, L7, a platform specializing in digital asset management and traffic aggregation, launches its new IDO section. This launch brings a new way of initial offering with its first project, NEO FANTASY, greeting global users on March 3rd. The initiation of the IDO section propels L7 to uncover more high-quality potential Web3 projects, empowering them while offering users more opportunities to engage in the primary market. This collaboration aims to multiply wealth during the bull market cycle, assisting startups in realizing their value leap.

In the Web3 domain, IDOs are a familiar concept. So, what exactly is an IDO, and what are its unique features? Who should consider participating in IDOs, and how does L7 DEX's IDO differ from those on other platforms? This article will explore these questions in detail, shedding light on the essence and advantages of IDOs within the Web3 ecosystem.

What is IDO?

An Initial DEX Offering (IDO) is a method of token issuance based on decentralized exchanges (DEXs), serving as a way for Web3 projects to raise funds and attract early users by directly offering tokens to the public. Originating in June 2019 with Binance DEX as the first platform to organize an IDO, this fundraising model has since been adopted by numerous DEXs, becoming a significant focus within the crypto community. Platforms like Uniswap, Balancer, Polkastarter, Bounce, Mesa, and DuckStarter are among the more notable IDO platforms, each attracting considerable attention for their potential to generate wealth effects during market cycles. With the launch of its IDO section in the early phase of a bull market, L7 aims to minimize the waiting period for participants, quickly capturing value and facilitating wealth growth.

Why Participate in IDOs? The Unique Features Explained:

In the Web3 world, users can buy and sell tokens on the secondary market or acquire them directly from the primary market. Unlike the high barriers of traditional finance's primary markets, Web3's primary market opens its doors wide to individual investors, offering a plethora of platforms for participation, each with its own set of rules and conditions. However, as traditional institutions enter the space, driven by developments such as the approval of Bitcoin ETFs, and with large capital inflows into Web3, the opportunities for individual investors to participate in the primary market are increasingly squeezed, making it difficult for them to obtain tokens at the initial offering.

IDOs present one of the avenues for participation in the primary market, allowing users to purchase tokens at their initial offering prices on DEXs, thereby standing a chance to secure high returns. The benefits of participating in IDOs can be summarized as: No KYC required, participation is possible by simply connecting a wallet, a more transparent and fair way, rapid transactions and ample liquidity, after the primary market issuance concludes, tokens can quickly be listed on the secondary market.

Key Features of L7 DEX’s IDO

L7 is web3 digital asset management and traffic aggregation platform, dedicated to providing global investors with digital asset investment and allocation services. Leveraging its rich industry resources and extensive network, we offer a diverse range of investment solutions, including venture capital in digital assets, startup incubation, and financial management. L7 DEX in L7 ecosystem stands out as a decentralized trading platform integrating spot, IDO, and contract trading. It aims to offer all-encompassing IDO services and incubation solutions for premier Web3 projects.

1)User-Friendly Design for Accessible Web3 World

The L7 DEX's Launchpad features a meticulously designed interface tailored to user habits, displaying all information and project data clearly at a glance. Without the need for lengthy searches for project details or participation rules, users can join without KYC, simply by connecting their wallets, thus ensuring privacy. L7 DEX enables users to smoothly explore the latest IDO projects for seamless participation.

2)Rigorous Due Diligence for Quality Project Discovery

L7 DEX conducts strict screening and investigation of projects before their IDO launch, ensuring only those meeting criteria and providing essential documentation are listed. Unlike other IDO platforms, L7 focuses not just on the project's financial backing but also on product technology, community size, and team operational capabilities. This approach provides rising high-quality startups with opportunities for growth, offering financial, branding, operational, and technical support.

For smaller-scale, lesser-known projects, launching a token through L7 DEX is often easier and more cost-effective than on large centralized exchanges. Projects featured in L7 DEX's IDO not only gain L7's financial support but also benefit from global community exposure, aiding mutual growth and value appreciation.

3)Ample Liquidity for Easy Trading

Following the completion of an IDO, liquidity is promptly added for the token, facilitating immediate trading. A portion of the funds raised is allocated to liquidity pools, reducing slippage and volatility for better trading depth and experience.

Differing from other IDO platforms, L7 DEX offers projects a one-stop token issuance solution, including token creation, liquidity pool establishment, initial offering, and subsequent multiple crypto/single crypto earning products.

4)Anti-Whale Measures for Fair Participation

The design of L7 DEX's IDO products prevents speculators and whales from bulk buying tokens, ensuring fair participation for average investors. By participating with designated tokens, all users can join, with each user's successful purchase amount determined by the ratio of "required funds" to "total funds raised." The number of IDO tokens received by users depends on the number of participants, with any excess funds returned.

Summary

L7 DEX's IDO Launchpad debut on March 3 with NEO FANTASY (ERT7) quickly exceeded fundraises expectations, showcasing L7's capacity to astonish the industry with its efficiency. As the market strengthens, L7 will accelerate the discovery and listing of high-quality projects, refining its project review processes and aiming to become Web3's keenest value discoverer.