Zeroswap is excited to announce the upcoming launch of ZeeDO — a Dex Offering Platform which will allow companies to do distribution of tokens — in a 100% transparent and fair manner. This would empower users by providing an equal opportunity to participate in the token distribution.
Evolution of Fundraising Landscape in crypto —
- ICOs, or Initial Coin Offerings, exploded in popularity in 2017. But soon the whole process was marred by some malicious activities, like not having transparency in fundraising and not revealing about the project details.
- In 2019, it was Initial Exchange Offerings (CEOs), where centralized cryptocurrency exchanges like Binance served as third-party springboards for new token offerings.
- Circa 2020, traditional ICOs and IEOs have all but died down, while a new kind of crypto-native offering type has arrived: Initial DeFi Offerings (IDO)
IDO — A Level Up To The IEO :
While the fundraising in IDO is very similar to IEO apart from being available on DEX, it does offers some unique propositions to users and companies:
- Instant Trading: From the moment a project launches its token, investors can start trading the token. This allows the investors to buy a new token as early as possible and later trade it at a higher price.
- Lower Cost: If a project uses a liquidity exchange, they only pay a few euros of gas fee for deploying a new smart contract. This smart contract controls the liquidity pool and the asset’s token (Automated Market Maker)
- Open and Fair Fund Raising: The IDO model allows anyone to participate in the fundraising taking away the flaws of traditional private investments
Market Scope of IDO — Funds raised in 2020:
ZeroSwap DTO — ZeeDO:
ZeeDO — Is ZeroSwap’s Dex Offering Platform to do distribution of tokens on-chain, it has been designed to empower — users by enabling them to participate in DEX offerings in a fair and transparent manner; as well as for companies who will not have to worry on the unfair and not so transparent cost been charged by current IDOs.
We have come up with innovative ways by which users who wish to participate will first get Proof of participation NFT and later if they win the lottery they will get Proof of winning NFTs.
Opportunities offered only by ZeeDO:
When a company launches token on ZeeDO, it is joining the partnership 🤝 that will continue far beyond the token distribution — some of the commitments that ZeeDO will provide:
- 100% Fairness and Transparency in Distribution of Tokens.
- No Hidden Cost.
- An unparalleled network of leading crypto marketers.
- Unmatched brand exposure providing global visibility.
ZeeDO Vision and Mission:
- To provide a low cost, decentralized platform for blockchain businesses to raise capital.
- To remove barriers to entry, by providing an easy to use platform for doing distribution of tokens.
- Simplify participating in token distribution events for users.
Additional Support offered by ZeeDO for companies doing distribution through us — Marketing, Knowledge base, Mentors, Network of VCs, Participation in Future events, Community Support.
When are we launching?
Mark your calendars: 18th of February 2021.
About ZeroSwap — Zeroswap is a multi-chain compatible decentralised exchange aggregator focused on making zero-fee transactions possible. We are aiming to make on-chain trading simple and easy, by providing access to Ethereum, Binance Smart Chain, Elrond DEXes access under one roof. One of the core utility of $ZEE is to reduce friction in fundraising using digital assets. In order to facilitate activity around this, we have been building an initial dex offering platform named ZeeDO.
Partnership — Zeroswap shook hands with, Covalent, Frontier, Elrond, Diadata, Altonomy. Each of the partnerships lays a solid foundation of our vision “MultiChain Dex Aggregation”
