I am not talking about the private sales and pre-sales. I am talking about the main sales.
Don't you think ICOs should allow people to invest any amount of money they want? It will cause the tokens to be distributed among more people.
Assume that 1000 people are participating in an ICO and each of them is investing only 1 dollar. Don't you think they are more helpful than a person who is investing 1000 dollar?
Better to consider a maximum amount instead of a minimum and do not let the whales manipulate the price.
of course for counting ,
i mean if 1000 people invested with a minimum,let me say 1 usd
so that mean they will got 1000 usd
then dev,will calculate everything needed for start the project
also some ico have some planning if just rechaed soft cap, they will go to milestone 1
and if hard cap reached , they can going to milestone 5
about whales or private investor,usualy they will lock their asset until some time.
i also believe min invest create for find a good investor .
like a hodl for a long time.