"Question 1: Explain in your personal opinion whether IDO should be done on crypto currency.

Answer
In my personal viewpoint,initial dex offering(IDO) should be done on cryptocurrency considering the following advantages:

• Initial Dex Offering(IDO) makes possible the implementation of fundraising by a community that makes a project,and interestingly it's an event that is officially formed in the decentralized Exchange.

• Initial Dex Offering is highly indispensable in a situation where a project that gives tokens that will be,or are already on the list of a Decentralized Exchange wants to advertise those tokens to the public generally in order to heighten public awareness.

• IDO is an appropriate and ideal choice in a situation where a new project wants to both start a token and also raise funds in no time,given the fact that many people have switched over from centralized Exchange to Decentralized Exchange in order to boost the number of participants who sign up or subscribe.

• Additionally,Initial Dex Offering skillfully puts a plan into action whereby participants can buy something by swapping cryptocurrencies for tokens that implement IDO directly on the Decentralized Exchange,and the cryptocurrency can take the form of ordinary coins or stablecoins,with a view to making the IDO process very simple and also attract more participants.

"Question 2:Can IDO have a significant impact on the cryptocurrency world?

Answer
Yes, IDO can have a significant impact on the cryptocurrency world given it's current state as the more preferred method of raising capital and distributing tokens in the crypto world,no wonder traders in large numbers prefer IDOs now to Initial Exchange Offerings(IEOs).

"Question 3: Explain one example of a token that has been IDO but failed/rug pull.

Answer
An example of a token that has been IDO but failed was Raven Protocol on Binance DEX. This token was created or formed to bolster quick trading,outright liquidity,transparent and fair fundraising..
Yet,it failed to provide what it promised. According to the investors,"the sale of the tokens ended in a little while thereby not giving the average traders opportunity to collect any tokens." In this way,fair distribution was not attained and this consequently gave rise to the formation or growth of IDO launchpads.
The image below depicts the first IDO launched by Raven Protocol in June,2019.

Image source

"Question 4: Make a detailed fundamental analysis of 2 tokens that have done IDO,and compare the two tokens.Then give your opinion on the results of your analysis.

Answer
The 2 tokens that have done IDO are MAHA and UMA.

1. MAHA

The current decentralized organization known as mahaDAO, are poised to launch IDO for MAHA, being their governance token.
According to issuers,"MAHA controls the world's first non-depreciating cryptocurrency ARTH."

2. UMA

The Universal Market Access(UMA) protocol is a token that helps DeFi developers to base synthetic assets on Ethereum which are tokens supported by collateral with changes in worth.
Last April, UMA started it's sale of token through decentralized Exchange Uniswap with an initial price of $ 0.26 per token,and in an effort to achieve that price,UMA placed $535,000 in Ethereum into a liquidity pool that was newly formed.However,in spite of it's first drawback,UMA presently has a market capitalization valued at over $1.5billion,with one token worth over $25.

Comparison
Those two tokens that have done IDO,namely MAHA and UMA have something in common which is that they're based on decentralized exchange.

My opinion
In my opinion based on the results of my analysis,it's obvious that IDO is in vogue today and considering how it's controlling the token distribution model,it's possible that IDOs will remain the best option for raising funds toward projects.

"Question 5: Look for 1 token that is currently IDO and explain the steps to be able to participate in the IDO.

Answer
A token that's currently IDO is sushiswap,which is a decentralized crypto exchange based on Ethereum and this token is trying to take over from Uniswap as the most famous decentralized exchange based on Ethereum.

The steps to be able to participate in IDO

• Create a wallet
  Every IDO is implemented on various DEX,and each DEX has it's perculiar wallet.Hence,before deciding to take part in an IDO,a wallet must first of all be prepared that will be used as an information reference point in connection with the tokens that have been bought at the IDO. For example,to be able to take part in an IDO held on Binance DEX,a wallet on Binance DEX must first of all be created.

• KYC/AML Registration
  Nearly all Initial Dex Offerings held at any Dex require that participants do KYC/AML.This is a method where participants get registered using each participant's personal data. The KYC/AML method is implemented or used because it's a compulsory requirement to be met by many countries in the world,and by implementing this method,it'll make the IDO event run successfully without problems.

• Whitelisting
  As a follow-up to what's often used as a requirement for taking part in an IDO is whitelisting. This is a method employed to bring together various tasks that must be finished by participants in order to satisfy the requirements,and tasks usually given such as following some type of accounts on social media which includes Twitter,Facebook,etc. Subsequently,there's need to retweet or repost some kind of posts and lastly to subscribe to,or sign up on a group on the Telegram app.

"Conclusion.
Conclusively,Initial Dex Offering(IDO) is a distinct event from other events such as Initial Coin Offering (ICO) and Initial Exchange Offering (IEO) given the fact that it's yet very new and also not familiar to many people.

Although IDO is not as common or popular as ICO and IEO,it's a good option to take part in because chances are there that a good project might crop up in the days ahead.

Reference
Reference

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@wahyunahrul