IEOs are not public offerings, which entirely misses the principle of crowdfunding, am I right or wrong? ICO is the only fundraising strategy that works wonders publicly but since we have no better crowdfunding than the not so transparent crowdfunding (IEO) we just have to accept things as they are presently?
The only crowdfunding I'm looking forward to is DYCO ( dynamic coin offering) which I once thought was a complete joke but not until Orion Protocol used this crowdfunding platform to raise fund and the result were satisfying, DYCO is from DAO MAKER and it is designed to increase the effectiveness of token fundraising events.
For the first 16 months after token distribution, the entire circulating supply is backed by USDC. 80% of the funds raised initially are set aside to be used to buy back tokens from dissatisfied holders.
Note: I'm just sharing this on my own, I'm not part of DYCO team and I'm not paid to do this, if you want to learn more about DYCO check the link down below, thanks
https://daomaker.com/dycoThis is really interesting information. Of course, for the development of the crypto market, as well as the market for crypto crowdfunding companies, new and improved systems are needed. We already know ICO, IEO and others and see how they work. I can’t say that they show excellent results, since very often problems arise with the same IEOs. Maybe DYCO will be a success, but it needs to get more attention and there should be more new crowdfunding companies on its base to show its efficiency. It is certainly important for the crypto community to have a stable system, as this would solve a number of problems in this direction. Thanks to your information, I will pay more attention to DYCO to understand how effective this system is.