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.
IEO promotes the distribution of tokens among the entire active community. Token will have a more stable cost.
I agree with you. The more people own Cocos tokens, the more stable the token price will be.
Centralized exchanges and whales constantly manipulate prices
Perhaps for a more equitable distribution of coins, the Cocos-BCX team will conduct an airdrop.
However, IEO is also necessary for the project.
As for me, the main thing is that the Cocos-BCX project can fully realize its idea.