IDO is an alternative to ICO and provide early crypto projects with a means of raising capital by selling their tokens. Through an IDO, projects can launch their tokens on a decentralized liquidity exchange, and investors can participate by purchasing the token at a reduced price.
IDO offers tools that enable projects to communicate with the community. Also, projects are duly verified to prevent scams. Examples of IDO are Poolz Finance, GameFi, and PolkaStarter.