Post
Topic
Board Altcoin Discussion
Re: Multiple Round ICOs?
by
Wysi
on 04/11/2019, 08:48:46 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.
Multiple round for ICO selling make many investor tired with ICO investment, almost ICO have more than ten phase for selling their ICO which each phase take time more than two or three weeks, I invested with ICO and waiting moe than three months for selling coin in the exchange market, I dislike with procedure of ICO have multiple phase for selling their coin, why not take short time for selling ICO coin.

It's a pure greed from the developers to pool in more money and these various phase of IEOs are not communicated to us when we initially invest in their projects and then it's really a tiring procedure before we get our tokens or money back and then we gotta either sell it off immediately which causes investor's dump or else take the hit as most of the coins go through pump for first few days of listing then takes a hit.

I know we cannot blame the developers or investor's alone because sometimes bounty hunters dump the tokens and sometimes market doesn't favor. It's good to avoid ICOs for a while.