Post
Topic
Board Altcoin Discussion
Re: Multiple Round ICOs?
by
Pinkris128
on 03/11/2019, 23:58:18 UTC
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.

It certainly a good idea because many projects failed because they aim to high or do not have clear plans to expand their project. Multiple rounds of crowd funding enables the investors have a "practice" investment to try the wellness of the project. It is also a good way of showing that cryptocurrencies are not a ponzi scheme or a scam because the devs are not after your money. Multiple rounds of launching also makes the coin constantly relevant to the market.