I've been thinking about some ideas around how to create an ethical ico for a while although I was coming from a slightly different angle.
Top of the list was the idea of having a smart contract that is programmed to release funds along a schedule, based upon project milestones being achieved. Initially I was thinking that the tokens attached to an ICO could vote to delay/speed up such a schedule (thus empowering investors) but then I wondered if technically this could create issues with the SEC (would token holder's hold technical shares)? Lo and behold we get the annoucement from the SEC this week and I'm having to reformulate ideas. Where are you planning to base your ICO? Switzerland?
It makes sense , but you will need a static roadmap, it is quite possible for short-term but not for long-term. What would you do if a new opportunity arise that is clearly more profitable ? For example: All clients/users start asking for the same new feature that wasn't on the roadmap.