Quote from: ven7net on October 18, 2019, 12:45:46 PM

Quote from: Rockie1234 on July 27, 2019, 08:18:54 PM

Have you heard of ICOs with multiple rounds? Like they raise a certain amount of money now, use that money for primary aims and goals, and then a few months/years down the line (as part of their original plan) launch a second round to fund additional goals and further project development? Just wondering if this is a thing, if so please provide me with some links to projects that have done so.

Now almost every project spends how many rounds of ICO. In principle, it works like this, the first round with a big discount or bonuses to attract part of the money well and see how the community reacts to their offer. Next, the next round starts, which has less discounts and bonuses. However, there are such cases, especially now, when fees are going badly and projects are making more and more rounds in the hope of raising funds. I am worried about the fact that project admins set unrealistic amounts for soft cap and hard cap. Of course, I understand everything that the more money the better, but for such money as they want to raise, you can do a lot of things, but in fact, every project turns out to be a dummy. Based on this, I can conclude that a few rounds of ICOs are just an opportunity to raise at least some kind of money.

Yes, that is their strategy, but there are ICO during its peak season that they were be able to raised funds during their private sale, so they don't need for rounds in public sale. It was happy to see ICO during those times that almost all are almost hitting their sales in just a short period of time, unlike today that even IEO, it is hard for a project to raise fund.