With the growing number of tokens in the market, the approach to selecting promising projects becomes especially important. Tips for choosing successful tokens can help avoid losses.
Choosing Curated IDO Launchpads
When selecting IDO platforms, it is important to pay attention to the quality of project curation. Some platforms handle selection better than others, as they can afford to be more selective. However, it is essential to conduct your own research on recent project performance on the selected platforms.
Benefits of Refund Policy Platforms
Some IDO platforms offer a refund policy that provides the option to return funds in case the project fails. This adds a layer of protection for investors, allowing them to study post-IDO results before making a decision. It is important to choose platforms with clear refund terms to avoid delays in fund return.
Avoid Subscription Model Launchpads
Many platforms use subscription models, requiring investors to purchase and stake native tokens to participate in sales. This can increase the risk of losses when token prices drop. If you choose such a platform, examine its token and its stability to minimize risk.
The right choice stems not only from the popularity of the platform but also from an informed investment approach. It is essential to follow all the above tips to boost your chances of success.
