Quote from: baymax on August 12, 2019, 10:51:55 AM

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Quote from: GGabox on August 10, 2019, 01:13:34 PM

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Quote from: GGabox on August 07, 2019, 03:46:54 PM

I am interested in one question.

Large companies invest in your project. Will you give up IEO if venture funds agree to buy all your tokens?

Very good question.

If the Cocos-BCX team urgently needs a lot of money, they can quickly conduct private sales and raise the required amount

At the same time, private investors can artificially raise the price of Cocos tokens in the future.
I think it is better to have IEO.

Many startups receive funding from well-known venture capital funds. However, in the future such companies do not take into account the interests of the community.

Therefore, I want the project team to refuse to conduct private sales and conduct IEO so that there is a fair distribution of tokens

I think this does not depend on us. IEO looks like a pretty attractive way to attract investment, but Cocos-BCX can easily raise this money through private sales.

IEO is primarily beneficial for project organizers.

The project receives active traders in its community, so the token will be very liquid