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/dycoDoes not sound to be a realistic solution to me especially for crypto market where fud, panic and fear happens everyother day and people rush to sell even the news proves to be a rumor so such a fundraising campaign cannot be sustainable because each project takes time to fully develop and there are a lot of times during that period when the price dumps badly so with the current market psycology i am sure most people will ask for the 80% refund and in that case the project will not be able to continue, i fear.