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Topic: Multiple Round ICOs? (Read 1384 times)

full member
Activity: 905
Merit: 113
January 25, 2020, 05:16:25 PM
I see billcrypt doing ICO again even though in the past year they have done ICO and reached softcap, the reason they did ICO again is because they are targeting to reach hardcap, I also don't know if the current one doesn't reach hardcap whether they will hold ICO again or not
full member
Activity: 657
Merit: 100
January 25, 2020, 04:02:24 PM
So many ico's project will go multiple round. In only 1 round ico never success in bearish market. Multiple ico can run for dividend in short term. EZ Exchange finished some days before it’s done by multiple ico round. Hydax & Eterbase ended multiple round ico project. I heard some multiple round ico's in 2019, mostly slow dead project will choose multiple round token sell this is old concept and normal issue. If not enough fund collected than team's choose such way.        
jr. member
Activity: 296
Merit: 1
January 25, 2020, 01:34:31 PM
yes, I have personally heard about projects that run various ICO rounds, I still remember about the ETHERBASE project, they ran another ICO round in 2019. actually it didn't matter as long as the dev & team was really serious in developing their project after gathering and in each round of ICO. but many cases of such projects are used as money laundering or embezzlement of ICO funds.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
January 25, 2020, 01:27:41 PM
Have you heard of ICOs with multiple rounds? Like they raise a certain amount of money now, use that money for primary aims and goals, and then a few months/years down the line (as part of their original plan) launch a second round to fund additional goals and further project development? Just wondering if this is a thing, if so please provide me with some links to projects that have done so.
This happens often. In fact, there were projects which had another round of their ICOs last year after they failed to properly propel the project ahead. Some even had their first ICO in 2018 but came back to the market in 2019. There is one I am currently involved in as a bounty hunter which is trying to have another ICO but investors are not accepting that line of thought. The investors want the team to work on the project with whatever money made in the first ICO.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
January 25, 2020, 01:12:25 PM
If you see projects conducting several rounds of ICO apart from the norms, that is private sale and public sale then it is possible there is no interest in the project and also that the projects is a scam, there must be a reason why people are not interested in your project and you are looking to look fund as high as 5 times in the market
sr. member
Activity: 1610
Merit: 264
January 25, 2020, 01:09:56 PM
Not really, but I understand that routes might change or extend sometimes that the time requires more fund for some reason like mismanagement to the project funds, but it should be at least be avoided.
It was like a long time ago since I attempted bounties, and I never experienced multiple rounds of ICOs.
sr. member
Activity: 906
Merit: 263
January 25, 2020, 01:01:15 PM
To me it makes sense and is less scammy. If you hold only one ICO you get all the money and you can basically stop working on the project and run. If there are multiple ICO and there are each smaller amounts there is less risk and if the team does not do what they promise after the first ICO then you do not need to take part in the second. If the team does well and accomplishes what they set out to do then they deserve the next round of ICO.
full member
Activity: 756
Merit: 100
January 25, 2020, 12:16:54 PM
Have you heard of ICOs with multiple rounds? Like they raise a certain amount of money now, use that money for primary aims and goals, and then a few months/years down the line (as part of their original plan) launch a second round to fund additional goals and further project development? Just wondering if this is a thing, if so please provide me with some links to projects that have done so.
I heard, Several kind of multiple round ICO. But as this types of multiple round is very rare. Almost same character has in Cinemadrom. You check it here https://bitcointalksearch.org/topic/bounty-cinemadrom-round-4-starts-airdrop-round-2-take-your-50-5105360
but I can't sure everything is perfect or legit. You have to decide by your experience. I'm not even supporting this types project.
full member
Activity: 1148
Merit: 101
January 18, 2020, 07:50:49 AM
Multiple rounds of ICO and IEO doesn't guarantee the success of any project, the quality of their real use cases is what will determine their out comes in terms of high demands
Yes, the quality of real use cases that will guarantee the success of a project, but now not all projects have real products,
so many projects are difficult to find their success.
hero member
Activity: 2338
Merit: 517
Catalog Websites
January 18, 2020, 07:22:19 AM
The telegram ICO did this and until now the updates are unknown.
And during the stronger days of ICO there were ICOS that made this because investors were likely to invest for every project and they don't care about even how many rounds a project will commit.
full member
Activity: 1148
Merit: 116
January 18, 2020, 06:54:13 AM
Multiple rounds of ICO and IEO doesn't guarantee the success of any project, the quality of their real use cases is what will determine their out comes in terms of high demands
sr. member
Activity: 914
Merit: 250
Making Smart Money Work
January 18, 2020, 05:06:50 AM
Yes I have heard that 1-2 years ago many projects launched more than 2 rounds, for now most projects launch only until round 2 but the duration is extended.
hero member
Activity: 1666
Merit: 753
January 17, 2020, 04:51:55 PM
Nope. And I think this isn't that common due to the fact that ICOs want to achieve their primary goal before anything else - which is to act as a vessle to funnel funds to the founders.

There is no way around that. Having multiple rounds means meaningful roadmaps, and that is the one thing that most scam ICOs absolutely despise.

However, it's not a bad idea at all if community demands this type of structure, whereby you essentially get what you pay for each round. If one round fails, then obviously there won't be a whole lot of demand for the next round of investments.
member
Activity: 721
Merit: 19
Trident Protocol | Simple «buy-hold-earn» system!
January 17, 2020, 04:01:38 PM
Have you heard of ICOs with multiple rounds? Like they raise a certain amount of money now, use that money for primary aims and goals, and then a few months/years down the line (as part of their original plan) launch a second round to fund additional goals and further project development? Just wondering if this is a thing, if so please provide me with some links to projects that have done so.

Yes, I often see ICO that has finished the first round, but they continue the second round. In fact, they changed the name of the token in the second round, while in the first round it was finished. LUCRE (LCR) is an ICO that has been completed in the first stage. Now they change the symbols from LCR to LCRT, and the LCR tokens they have shared are not working. I don't understand what they are doing right now.
This type of token is nothing but a pure scam, because if you have finished raising fund from the first sales, why come the second time again to raise the second time, and then changing name, this is how most scammer do operate. I know we have some projects that are do raise fund twice, but those ones make their intention known to the public and they never finish raising fund at the initial stage.

The initial stage is what they use to raise the fund that they will use temporarily to sort out some things that requires development while they pause to act based in the  first fund that they receive and then come back the second time to raise fund that will complete the project for them, and most of these ones are usually very serious projects with real use case.
Yes, I see that the project is close to the element of scams. But I can not be sure that it is true or not. But according to my analysis that will lead to scams. I hope this can be processed to ensure certainty about the project, so it will not take a lot of victims.
jr. member
Activity: 66
Merit: 1
Get Paid for good Content!
November 16, 2019, 02:24:29 PM
I know of some coins that had done this on Exchange and still couldn't meet up and some that have done in sever exchanges. Truth is, many investors are kind of scared of investing which calls for regulation.
sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
November 16, 2019, 02:14:50 PM
Its normal for some project to do multiple ICO round, simple reason is due to the fact that most project that holds multiple round of ICO do that to meet up with the hardcap set target,  so sometimes they split such Ico in diffrent rounds with diffrent bonus percentage so as to attract and encourage more investors to join in the ICO.  And some project holds multiple ICO rounds so as to raise funds to meet up developing plans of the project
You will realize if they start announcing two sentences: "the next round because of softcaps that have not yet been reached", and "the next round because at this time the team is still focused on developing / there are technical problems". And it all ends with "waiting for the next announcement" and not realizing that a year has passed with a group filled with promotional spam.

all the reasons that arise are because they cannot see the direction of the project in accordance with market conditions, in the end they run away with the money obtained from the previous phase.
full member
Activity: 664
Merit: 100
November 16, 2019, 01:08:48 PM
in my opinion it is a normal thing, more precisely like raising funds in the Pre-ICO and collecting funds at the time of the ICO, which provides their respective benefits.
member
Activity: 858
Merit: 13
Christ The King
November 16, 2019, 11:17:55 AM
Miracle Tele did that and they were successful but ended up scamming we the investors.  Although there are some project that do carry this out without scamming anyone, they usually have it on their road map. I don't like the ideology though.
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
November 16, 2019, 10:42:35 AM
Its normal for some project to do multiple ICO round, simple reason is due to the fact that most project that holds multiple round of ICO do that to meet up with the hardcap set target,  so sometimes they split such Ico in diffrent rounds with diffrent bonus percentage so as to attract and encourage more investors to join in the ICO.  And some project holds multiple ICO rounds so as to raise funds to meet up developing plans of the project
hero member
Activity: 1106
Merit: 527
November 07, 2019, 02:36:14 PM
Mostly to increase the growth of the investment for their project they bring the different phases of ICO investment.

So we need to be careful and check whether the project is achieving its cap As they planned and now what is their development improvement as time goes.
If everything is going correct we don't need to be worry about and make the investment as we wish.
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