An open or a closed ICO? | Bitcointalksearch.org

kryptqnick

legendary

Activity: 3094

Merit: 1385

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Quote from: bitorama on October 13, 2017, 01:45:17 PM

what do you mean by closed ICO ? like cindicator ?

As this ICO is now over, I can't get the difference between it and icos we call open. They do have a team and white paper, everything seems public to me. Or is the question about whether it is better to invest in an ICO or in a coin after ICO is over? In this case I would definitely prefer the second option, because at least it guarantees you that you surely will be able to sell your coin just as you bought it on some exchange.
As for Cindicator specifically, it does look really shady and is forbidden in the US as stated on their official website.

senin

full member

Activity: 938

Merit: 137

To invest in ICO, a potential investor must make sure that he is investing his funds in the released tokens correctly and without unreasonable risks. Therefore, projects should be as open as possible, and the team transparent for such verification. It would also be nice if such an audit was conducted by state bodies and, thus, protected the rights of investors.

withche.07

sr. member

Activity: 549

Merit: 259

Blockchain with solar energy

I prefer completely "open to public" ICO. Private icos are really bad at obtaining investment and also it feels like its shady business to investing that way. I hope all people will realize icos like kin are not good for investors..

Kirtap84

newbie

Activity: 28

Merit: 0

Yes, like Cindicator.

bitorama

full member

Activity: 238

Merit: 100

what do you mean by closed ICO ? like cindicator ?

monacogooner

member

Activity: 147

Merit: 10

Think more will be closed going forward with more risk docs just like a placement doc

VanDerWaals

member

Activity: 112

Merit: 10

I need to know many information if I want to invest my money, so I prefer open ICO's. If I have to believe in something it is going hard if there are some uncertainty.

Investorro1

newbie

Activity: 17

Merit: 0

IF it is your first sale stage and you don't need a tremendous amount of money, you can actually make a closed presale of even raise money with SAFT.
You can check Colony's blog post about it.

This is a smart method if you need a small amount to get the project and infrastructure ready for an open sale.

agustina2

legendary

Activity: 2436

Merit: 1008

Quote from: Kirtap84 on October 11, 2017, 12:27:01 PM

Hello,

For a new ICO i am interested to know if you prefer an open ico or a private ico?

Can you tell me why you prefer this?

To gather investors, everything must be detailed properly and teams are transparent.

Why I preferred this? Of course somehow it will increase the chances that I believe that they are serious in the project.

daserpent

full member

Activity: 140

Merit: 100

Open and transparent ICO. Crypto stands for open and transparent procedures.

Kirtap84

newbie

Activity: 28

Merit: 0

Hello,

For a new ICO i am interested to know if you prefer an open ico or a private ico?

Can you tell me why you prefer this?

Topic: An open or a closed ICO? (Read 280 times)