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Topic: How Interactive Coin Offerings (IICOs) Work (Read 138 times)

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April 23, 2018, 04:39:32 PM
#1
Kleros will use the IICO method for its token sale. Here’s an explanation of how it works…

In a previous post, we explained the reasons why we have chosen an Interactive Coin Offering (IICO) to do Kleros’ token sale.
Contrary to traditional capped and uncapped sales, IICOs give buyers certainty of valuation and participation.
We think this is the fairest way to conduct our token sale and have implemented the smart contract to allow any other ICO to use this method also.

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What's the general consensus on current ICO models, are they in need of an overhaul?
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