初始DEX产品（IDO）的最终指南

了解有关初始DEX产品（IDO）的所有信息，从它们如何工作到如何参与并找到最佳的启动板。

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.

还记得初创企业不得不为风险投资的碎片而战时而战？那是历史。现在，加密团队可以在几分钟之内利用全球资金。没有银行，没有看门人，也没有排队等待。

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.

欢迎来到最初的DEX产品（IDO）的世界，在该世界中，筹款活动在公开的，直接通过分散的交流中进行。 Idos让任何人，任何地方都返回新的区块链项目 - 不需要中间人。

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

为什么这很重要？这很简单：对于团队和日常投资者来说，更多的访问，更高的速度和更多的控制权。

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，我将解开IDO背后的核心想法，它们如何翻转旧的资金模型以及为什么对任何对数字资产的未来感到好奇的人重要。

Key highlights:

关键亮点：

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

*什么是IDO，它如何工作？

* Evolution from ICOs and IEOs to IDOs

*从ICO和IEO到IDOS的演变

* Key components of an IDO

* IDO的关键组成部分

* Who can participate in an IDO?

*谁可以参加IDO？

* Risks and security concerns

*风险和安全问题

* Benefits of participating in an IDO

*参加IDO的好处

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

*如何参加IDO：分步指南

What is an IDO, and how does it work?

什么是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).

那么，在IDO期间到底会发生什么？可以将其视为众包的加薪，但是一个区块链项目并没有敲开VCS或寻找天使投资者的门，而是通过分散的交易所（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.

目的是将新的代币直接放在那些渴望支持新想法的人的手中，而没有中央权威掌握钥匙。

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.

让我们放大Idos如何从较早的加密筹款活动中发展出来，是什么使它们与众不同，以及在跳入之前需要知道的精美印刷品。

Evolution from ICOs and IEOs to IDOs

从ICO和IEO到IDOS的演变

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

在IDO之前，加密筹款活动有几个阶段：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（初始硬币产品）始于2013 - 2014年左右，像Figment这样的平台为它们提供了促进。但是，他们面临着诸如差的代币经济学和缺乏尽职调查之类的问题。

* 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.

*接下来是由Binance和Huobi等集中式交易所推出的IEO（初始交易所产品）。尽管这些结构提供了更多的结构，但它们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.

*最后，随着Defi的兴起，IDO成为ICOS和IEOS的分散替代品。它们通常由Blockpad，Coinpad和ClearPad等发射台组织，它们的专业及其支持的项目各不相同。

IDOs flipped the script by routing everything through decentralized exchanges:

Idos通过分散的交流将所有内容都划分为脚本：

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.

简而言之，IDO解决了过去的重大问题，使团队简单地消失了，这使这笔钱变得更加困难。令牌发布是公开的，规则嵌入了代码中，每个人都可以实时看到发生的事情。

Key components of an IDO

IDO的关键组成部分

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

以下是IDO的真正工作方式，从头到尾：

Who can participate in an IDO?

谁可以参加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.

任何人都可以参加IDO，这是关键好处之一。当然，您需要满足一些基本要求才能投资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.

要参与IDO，您需要在Launchpad上创建一个帐户，并完成KYC（了解您的客户）验证。之后，您可以浏览可用的IDO，选择您有兴趣投资的IDO，并遵循Launchpad的说明进行贡献。

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.

最后，您需要拥有一个由用于投资IDO投资的代币资助的加密货币钱包。大多数发射台接受ETH，BTC和Stablecoins等常见的加密货币。

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完成后，代币将记入您的钱包。从那里，您可以决定是继续持有令牌还是通过加密货币交易所出售。

Risks and security concerns

风险和安全问题

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

Idos听起来很激动，但是加密货币中没有“无风险”。这是要注意的地方：

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

*骗子通常会创建假发射台或发布网络钓鱼链接以窃取用户的加密货币。仅使用著名的Launchpads和始终进行双重检查项目详细信息。

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

*一些发射台可能具有很高的最低贡献要求，这可能是小型投资者的障碍。

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

*与任何加密投资一样，代币的价值可能会波动，投资者可能会失去其某些或全部投资。

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

另外，学习如何检测骗局加密项目。安全总比对不起要好得多。

Benefits of participating in an IDO

参加IDO的好处

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

IDO给出了植根于这些事件的真正好处。他们砍掉了旧的障碍，并开了新的门。

Let’s size up what you

让我们提高您的规模