DeFi has become a popular alternative to traditional finance. Decentralized finance allows users to have maximum control over their assets, automates financial transactions, and eliminates intermediaries which are common in traditional finance. This explains why DeFi is widely adopted. However, there are inherent risks of losing funds in the DeFi space, and conducting an IDO across multiple chains is rare. In addition, there is a shortage of launchpads that guarantee investors funds and privacy. Only a few platforms have a solid vetting model to filter out scams. Aegis promises to solve these issues and provide an all-inclusive platform where fundraising can be initiated without the fear of losing funds because the company vets the projects before listing them. The new fundraising platform for DeFi projects is AEGIS Launchpad and they are currently preparing for its IDO in October. After Aegis finishes its successful private fundraising that raised $200k, the launchpad aims its public sale round on October 12, 2021. Potentially after the upcoming IDO, the platform plans to soon raise another $100k in private funding, IDOs Will Benefit AEGIS Launchpad Despite being newer, IDOs have become more preferred over ICOs and STOs and there is good reason for this. IDOs allow token distribution to the public conveniently, which is an emerging platform Aegis needs. IDOs are decentralized, meaning there’s no central form of control....
