Trace is an innovative project that brings together DeFi, NFTs, and real-world enterprises onto a single platform. During its initial funding rounds, Trace Network managed to get the backing of some of the blockchain industry’s top-shot investors like Morning Star, Spark Capital, LD Capital, OKEx Blockdream Ventures, and more. Now, with the launch of its IDO, Trace Network aims at roping in the attention of the public.
Due to their decentralized nature, IDOs have become a new favorite way of launching tokens, with more and more crypto projects choosing them over ICOs or IEOs. By eliminating the need for middlemen and providing instant liquidity, IDOs make it extremely convenient for the public to participate in…
This article was first published on coinquora.com
Continue reading on CoinQuora
Source: Cryptocurrency - investing.com
