How to Buy New 100x Altcoins on Initial DEX Offerings (IDO)

Anyone can become a crypto venture capitalist!

Col Jung
9 min readDec 21, 2021
Source: SolChicks NFTs on Solanart (Fair Use)

Edit: My YouTube video for this article is here.

Investing in stock market startups holds a high barrier of entry.

One is typically a rich, skilled and well-connected angel investor or venture capitalist.

In the crypto world — where technology is decentralised and opportunities democratised — ordinary folk like you and I can get in on the action with a very low barrier of entry.

Pick a quality launchpad — there’s at least one for every popular blockchain nowadays — stake enough tokens and you’re on your way. Brilliant!

In this article, I explain how to participate in an Initial DEX Offering (IDO) on the TrustSwap launchpad from beginning to end, using the recent SolChicks (CHICKS) launch as an example.

IDOs are the crypto version of IPOs in the stock market.

You were able to make an easy 13x profit buy purchasing CHICKS at the IDO, allowing you to easily recoup your initial investment. Image by author

SolChicks is an epic play-to-earn (P2E) adventure game built on the Solana blockchain that recently launched across 30+ launchpad platforms at a price of $0.05 per…