Web3 incubator Icetea Labs launches IFO Pledge pool

According to BlockBeats, on Oct. 24, according to PR Newswire, Web3 incubator Icetea Labs recently launched a new Web3 term, "Initial Fan Offering (IFO)," and announced that it will launch its first IFO pledge pool on October 25. The idea of IFO is to recruit fans of a project, help expand the project, and earn tokens. According to Ron Nguyen, head of marketing at Icetea Labs, the first IFO pledge pool selected only six projects out of more than 200 applications to improve quality.