Initial Deligator Offering model in Kira Network

By umskay | mirkolevkov | 15 Oct 2020


Initial Deligator Offering, IDO is similar to lockdrops — but actually generates revenue to the projects that launch them on Kira. Main advantage is that investors do not spend their tokens and with MBPoS you can take part in multiple IDO’s at the same time using the same asset. It’s like lockdrop on steroids. Team believe that this is the future of crowdfunding because investors dont liquidate their assets for illiquid tokens, they maintain 100% of custody over their assets and can be delegate at any time if they feel like project is not delivering. In the future many crypto and non crypto start ups and non profits can benefit from that mechansim

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