I just checked an ANN thread. There was a post regarding the last round of the IEO. They were offering 25% discount to IEO participants. I wanted to post on that thread. But instead of posting on that thread, I decided to create a new topic as there are many same IEOs.
Offering bonus on the last round of an ICO/IEO is really funny.
The bonus is valuable only if there are some other participants that sell the tokens at higher prices. I cannot understand bonus on the last round of an IEO. Even if they give 1000% bonus to investors, it doesn't differ. The bonus on the last round must be zero. These kind of IEOs try to deceive participants. It might be true even if we call them scammers.
If a token price is 100 satoshis and they give all participants 25% discount. Investors shouldn't be happy that they have bought the tokens at 75 satoshis. Because the price is 75 satoshis not 100 satoshis.
We can say the price is 100 satoshis if there will be a next round and some people buy the tokens at 100 satoshis.
I have always been against bonuses when it comes to icos or any other similar form of raising money, in my opinion the only fair way to distribute the tokens is to not set an arbitrary price for them and just give the tokens according to the amount of money that each investor put into the project, this way you get a real idea of what is the demand for that token and the possibilities of the token crashing will be very low.
But obviously the solution is too logical and most likely will limit the amount of money that projects can get out of investors and while this will be good for investors in general we know that developers want to get as much money as possible even if they do not need it.