The top Web 3 incubator, Icetea Labs, recently introduced a brand-new Web 3 term called Initial Fan Offering (IFO), which will offer the first stake pool scheduled to debut on October 25th, 2022, with the promise of an enticing discount for holders and early birds.

Initial Fan Offering is what it stands for: Become a fan, support projects, and gain tokens. You contribute to the project by performing easy activities. IFO is created to enlist supporters of the project who will aid in its growth. Distributions of the first tokens are merited. For the first time, the team develops a new scheme called “Initial Fan Offering – where project tokens are granted to real fans” to support this conviction.

Participants will benefit from joining IFO in the following ways:

Become a fan, make projects shine, and earn rewards that are worthwhile.
You don’t have to invest any money or make any purchases to use IFO.
Simple to participate: By staking your tokens and lending support to the project, you may easily take part in IFO.
massive profit The prizes are valuable tokens from potential blockchain ventures that have the potential to generate enormous profits.
GAFI and ILAP have joined Icetea Labs’ IFO programme. The first-ever staking pool for IFO uses GAFI tokens. The top 6 ILAP prospective projects will include one of the awards from the IFO programme.

Source: Prnewswire