Anyone here already familiar with the concept of Bonding Curve Offering?

We have seen a couple over the last months like Aavegotchi (NFT), DXDAO, Perpetual Protocol, Hedgic...

It is a DEX-like token distribution method (mint/burn) with an AMM predicting the price of the token.
The AMM ensure permanent liquidity for the token, limiting liquidity risks which is high for ICOs.

https://defiprime.com/bonding-curve-explained

Have you participated in one yet?
What are your opinion about it?

Asking for feedbacks and opinions as we are considering launching one for TradingBull.io.