Author

Topic: Has anyone got in on the 'friends and family' stage of a project? (Read 71 times)

newbie
Activity: 187
Merit: 0
Just wondering if anyone has ever participated in the 'friends and family' stage of a project? I see on most ICOs that there is a percentage of the project allocated to 'early investors' and wondered what this stage consists of. The percentage allocated to this particular section can vary wildly, from a couple of percent to 20-30 percent. Is there an even bigger discount offered at that stage? I guess so, as it would be the riskiest point to get in, literally providing the funds to get the project up and running towards ICO stage. Not so relevant in group funded projects, but would love to know if anyone here has gone in on an independent project and how far it has got since the initial investment. Presumably you have to know one of the project members to get in at this stage and usually stricter rules involved on distribution of tokens.
could have such a thing happen. in my bitcoin cruising range still, focus on how to invest in bitcoin.
member
Activity: 350
Merit: 41
Just wondering if anyone has ever participated in the 'friends and family' stage of a project? I see on most ICOs that there is a percentage of the project allocated to 'early investors' and wondered what this stage consists of. The percentage allocated to this particular section can vary wildly, from a couple of percent to 20-30 percent. Is there an even bigger discount offered at that stage? I guess so, as it would be the riskiest point to get in, literally providing the funds to get the project up and running towards ICO stage. Not so relevant in group funded projects, but would love to know if anyone here has gone in on an independent project and how far it has got since the initial investment. Presumably you have to know one of the project members to get in at this stage and usually stricter rules involved on distribution of tokens.
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