初始DEX產品（IDO）的最終指南

了解有關初始DEX產品（IDO）的所有信息，從它們如何工作到如何參與並找到最佳的啟動板。

Remember when startups had to fight for scraps of venture capital or count on private investors? That’s history. Now, crypto teams can tap into global funding in minutes. No banks, no gatekeepers, and no waiting in line.

還記得初創企業不得不為風險投資的碎片而戰時而戰？那是歷史。現在，加密團隊可以在幾分鐘之內利用全球資金。沒有銀行，沒有看門人，也沒有排隊等待。

Welcome to the world of Initial DEX Offerings (IDOs), where fundraising happens out in the open, straight through decentralized exchanges. IDOs let anyone, anywhere, back new blockchain projects—no middleman required.

歡迎來到最初的DEX產品（IDO）的世界，在該世界中，籌款活動在公開的，直接通過分散的交流中進行。 Idos讓任何人，任何地方都返回新的區塊鏈項目 - 不需要中間人。

Why does this matter? It’s simple: more access, more speed, and more control for both teams and everyday investors.

為什麼這很重要？這很簡單：對於團隊和日常投資者來說，更多的訪問，更高的速度和更多的控制權。

In this guide, I’ll untangle the core ideas behind IDOs, how they flipped the old funding models, and why they matter for anyone curious about the future of digital assets.

在本指南中，我將解開IDO背後的核心想法，它們如何翻轉舊的資金模型以及為什麼對任何對數字資產的未來感到好奇的人重要。

Key highlights:

關鍵亮點：

* What is an IDO, and how does it work?

*什麼是IDO，它如何工作？

* Evolution from ICOs and IEOs to IDOs

*從ICO和IEO到IDOS的演變

* Key components of an IDO

* IDO的關鍵組成部分

* Who can participate in an IDO?

*誰可以參加IDO？

* Risks and security concerns

*風險和安全問題

* Benefits of participating in an IDO

*參加IDO的好處

* How to participate in an IDO: Step-by-step guide

*如何參加IDO：分步指南

What is an IDO, and how does it work?

什麼是IDO，它如何工作？

So, what exactly happens during an IDO? Think of it as a crowdsourced raise, but instead of knocking on the doors of VCs or hunting for angel investors, a blockchain project goes straight to the people via a decentralized exchange (DEX).

那麼，在IDO期間到底會發生什麼？可以將其視為眾包的加薪，但是一個區塊鏈項目並沒有敲開VCS或尋找天使投資者的門，而是通過分散的交易所（DEX）直接向人民致意。

The goal is to put new tokens directly into the hands of those eager to back new ideas, with no central authority holding the keys.

目的是將新的代幣直接放在那些渴望支持新想法的人的手中，而沒有中央權威掌握鑰匙。

Let’s zoom in on how IDOs grew out of earlier crypto fundraisers, what sets them apart, and the fine print you need to know before jumping in.

讓我們放大Idos如何從較早的加密籌款活動中發展出來，是什麼使它們與眾不同，以及在跳入之前需要知道的精美印刷品。

Evolution from ICOs and IEOs to IDOs

從ICO和IEO到IDOS的演變

Before IDOs, crypto fundraising had a few phases: ICOs, IEOs and STOs.

在IDO之前，加密籌款活動有幾個階段：ICO，IEOS和Stos。

* ICOs (Initial Coin Offerings) began around 2013–2014, with platforms like Figment facilitating them. However, they faced issues like poor token economics and a lack of due diligence.

* ICO（初始硬幣產品）始於2013 - 2014年左右，像Figment這樣的平台為它們提供了促進。但是，他們面臨著諸如差的代幣經濟學和缺乏盡職調查之類的問題。

* Next came IEOs (Initial Exchange Offerings), launched by centralized exchanges like Binance and Huobi in 2019. While these offered more structure, they were still largely controlled by the exchange.

*接下來是由Binance和Huobi等集中式交易所推出的IEO（初始交易所產品）。儘管這些結構提供了更多的結構，但它們仍然受到交易所的主要控制。

* Finally, in 2020 with the rise of DeFi, IDOs emerged as a decentralized alternative to ICOs and IEOs. They are typically organized by launchpads like Blockpad, Coinpad, and Clearpad, which vary in their specialties and the projects they support.

*最後，隨著Defi的興起，IDO成為ICOS和IEOS的分散替代品。它們通常由Blockpad，Coinpad和ClearPad等發射台組織，它們的專業及其支持的項目各不相同。

IDOs flipped the script by routing everything through decentralized exchanges:

Idos通過分散的交流將所有內容都劃分為腳本：

Put simply, IDOs fixed big problems from the past and made it much tougher for teams to simply disappear with the money. Token launches are public, rules are embedded in code, and everyone can see what’s happening in real time.

簡而言之，IDO解決了過去的重大問題，使團隊簡單地消失了，這使這筆錢變得更加困難。令牌發布是公開的，規則嵌入了代碼中，每個人都可以實時看到發生的事情。

Key components of an IDO

IDO的關鍵組成部分

Here’s how IDOs really work, from start to finish:

以下是IDO的真正工作方式，從頭到尾：

Who can participate in an IDO?

誰可以參加IDO？

Anyone can participate in an IDO, which is one of the key benefits. Of course, there are some basic requirements you’ll need to meet in order to invest in an IDO.

任何人都可以參加IDO，這是關鍵好處之一。當然，您需要滿足一些基本要求才能投資IDO。

To participate in an IDO, you’ll need to create an account on a launchpad and complete the KYC (Know Your Customer) verification. Afterward, you can browse available IDOs, select the ones you’re interested in investing in, and follow the launchpad’s instructions for contributing.

要參與IDO，您需要在Launchpad上創建一個帳戶，並完成KYC（了解您的客戶）驗證。之後，您可以瀏覽可用的IDO，選擇您有興趣投資的IDO，並遵循Launchpad的說明進行貢獻。

Finally, you’ll need to have a cryptocurrency wallet funded with the tokens used for investing in the IDO. Most launchpads accept common cryptocurrencies like ETH, BTC, and stablecoins.

最後，您需要擁有一個由用於投資IDO投資的代幣資助的加密貨幣錢包。大多數發射台接受ETH，BTC和Stablecoins等常見的加密貨幣。

After the IDO is complete, the tokens will be credited to your wallet. From there, you can decide whether to continue holding the tokens or sell them on a cryptocurrency exchange.

IDO完成後，代幣將記入您的錢包。從那裡，您可以決定是繼續持有令牌還是通過加密貨幣交易所出售。

Risks and security concerns

風險和安全問題

IDOs sound thrilling, but there’s no “risk-free” in crypto. Here’s what to watch out for:

Idos聽起來很激動，但是加密貨幣中沒有“無風險”。這是要注意的地方：

* Scammers often create fake launchpads or post phishing links to steal users’ crypto. Only use well-known launchpads and always double-check project details.

*騙子通常會創建假髮射台或發佈網絡釣魚鏈接以竊取用戶的加密貨幣。僅使用著名的Launchpads和始終進行雙重檢查項目詳細信息。

* Some launchpads may have high minimum contribution requirements, which could be a barrier for smaller investors.

*一些發射台可能具有很高的最低貢獻要求，這可能是小型投資者的障礙。

* As with any crypto investment, the value of the tokens can fluctuate, and investors could lose some or all of their investment.

*與任何加密投資一樣，代幣的價值可能會波動，投資者可能會失去其某些或全部投資。

Also, learn how to detect scam crypto projects. It’s always better to be safe than sorry.

另外，學習如何檢測騙局加密項目。安全總比對不起要好得多。

Benefits of participating in an IDO

參加IDO的好處

IDOs give real benefits rooted in how these events are built. They cut out old barriers and throw open new doors.

IDO給出了植根於這些事件的真正好處。他們砍掉了舊的障礙，並開了新的門。

Let’s size up what you

讓我們提高您的規模