Ethereum-based projects are increasingly skipping centralized trading platforms and listing their tokens on decentralized exchanges first. But the process isn’t always smooth and the DIA sale on Gnosis Protocol this week is the latest example. DEXs allow projects to list tokens without paying hefty fees required by CEXs and, because these protocols are permissionless, tokens are available for anyone in the world to trade. Liquidity pools —rather than order books— dominate these platforms, which facilitate the exchange of smaller coins. While ICOs and IEOs dominated crypto companies’ fundraising in the past, it seems ... (full story)