I read your article on steemit but still have the following queries.
The point of an ICO is usually to raise funds to held with development and to keep progress on track. If the cost of development is fixed at price X, then surely the ICO would want to raise price X and not something else. As much as I dislike capped ICOs, I can understand why some exist. Where would the debs get the rest of the funds if their goal isn't reached?
Secondly, you mention that everyone would be able to participate by removing the whitelisted spots. I assume there would still be no way for US residents to participate despite this due to regulation?