Crypto token launches are a cornerstone of the web3 industry, enabling projects to generate the capital they need to progress through their roadmap, ship products and carve out a niche in a hyper-competitive space. Whether launched via ICO, IEO, IGO, INO or IDO, the success of such tokens out the gate generally sets the tone for what follows thereafter.
source: https://www.benzinga.com/markets/cryptocurrency/23/12/36119260/token-launches-are-about-more-than-raising-capital-eclipse-fi?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site