CoinsPaid CPD Token Launch – Sharing our experiences, what we do and how we do it

In just a few years, the CoinsPaid team has grown from a startup to a leader in iGaming payment processing. And now our established and well-coordinated team of professionals has entered the DeFi space with its own token. Following our goal of enabling traditional businesses and their customers to use DeFi tools, we took the first step towards launching the first DEX offering (IDO) in our company's history. We consider this one of our most important events. As the CEO of CoinsPaid, I would like to share my experiences and insights about the launch of IDO and how the early stages of our IDO are working successfully. About a year ago I wrote an article on how to avoid scam projects in the world of DeFi, where you can freely read my views on them. During the launch of IDO, my team and I prepared a list of actions explaining what steps to take and what to focus on before releasing the project. The CoinsPaid Checklist Evaluate how convenient it is to generate the DeFi token or token. CoinsPaid carefully studied tokenomics to consider all scenarios and developed a successful strategy to develop the CPD token. Choose a platform for launch and choose a team of experienced advisors in the crypto world. If you already have a well-established team, involve them instead of outsourcing. You can also hire managers to train your employees on the specifics of working with an IDO. Create tokens on a blockchain that meets your needs by answering the following questions: What algorithm and for what purpose? How many coins were given etc. For example, CPD is an ERC 20 token based on the Ethereum blockchain. Consider your cross-chain strategy. In our ecosystem, the CPD token is available for the ETH, TRX, BSC, SOL and DOT blockchains, allowing both businesses and users to use the token to exchange within other ecosystems and wallets. The 'bridge' in this case is a network of smart contracts.

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