Aside from discounted rates when purchasing tokens before public launching, what else can a potential investor benefit from investing in an initial coin offering?
What do they do when the coin comes to a crash when it goes public? How do these companies protect the interests of their investors?
It seems to me that the project team negotiates with a large investor on different conditions than with the holders of tokens, perhaps promising them a part of the profit or tokens at very low prices that no one announced.