Multiple Round ICOs? - page 5. | Bitcointalksearch.org

retnoanjani

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Quote from: mdessouki on September 15, 2019, 05:00:44 PM

I think it is safe to say that multiple rounds of ICOs is not something that is quite common or acceptable, although multiple rounds of fundraising is already implemented in crypto project funding. This is through the already agreed process of Private - Pre-ICO - ICO stages.
On the other hand, even if the project initially does not manage to collect the full amount aspired for full fledged development, the team can still make funds from secondary sale if they managed to achieve a token price appreciation based on the project progress and superior performance.
Or this would never be enough to make up for the funding deficit in case the ICO did not meet its target or the circumstances changed and required more capital?

thats true. Each project must have divided their tokens as a percentage for various things, for example for team management, advisors, project development, and reserves for other purposes. So, if there is an advanced ICO taken from the reserve it is natural, maybe the project needs additional funding or to attract greater public attention.

mdessouki

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I think it is safe to say that multiple rounds of ICOs is not something that is quite common or acceptable, although multiple rounds of fundraising is already implemented in crypto project funding. This is through the already agreed process of Private - Pre-ICO - ICO stages.
On the other hand, even if the project initially does not manage to collect the full amount aspired for full fledged development, the team can still make funds from secondary sale if they managed to achieve a token price appreciation based on the project progress and superior performance.
Or this would never be enough to make up for the funding deficit in case the ICO did not meet its target or the circumstances changed and required more capital?

SistaFista

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Quote from: Rockie1234 on July 27, 2019, 03:18:54 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.

Most ICO in cryptocurrency are running in several rounds.
The first round is seed round, then private sale round, and the public sale round.
If the ICO has additional round after public sale, i think it is because they still not reached the softcap yet.

Brunus

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If it is seriously managed, a project tackled in this way certainly has the best chance of succeeding, as well as outside the crypto world: starting a project, and what is gathered by the first investors allows us to move forward.
However, only if it is managed seriously ...

BitcoinHunt3r

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Quote from: Crypto_lion on September 15, 2019, 04:07:31 AM

Quote from: Rockie1234 on July 27, 2019, 03:18:54 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.

That defeats the faith in the investors. In the very least if they are planning to do another round of ico that means that the initial investors will loose their stake proportion in the coin and supply will increase .

Actually something like multiple round for ICO is bad idea. A lot of factors can be reason like what you said and other else. Like when investor must wait longer to sell their tokens. Maybe it is better if ICO really commit with the time, if not reach target, just accept if the project failed and refund investor's money. It is better than force to something like multiple round of ICO.

Burogh

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Quote from: mdessouki on September 15, 2019, 02:00:19 AM

From my point of view, there are 3 issues to discuss:
1- The need and plan/roadmap to do multiple rounds of ICOs. Like traditional investment rounds (Seed, round A, B, C, etc.). I think that if this is documented well in the project whitepaper and business plan and made clear to the investors including clear milestones that are aimed to be achieved per each round of ICOs then it would be trusted to some extent.
2- The mechanism to do it. ICOs by nature are a one time crowdfund mechanism. However, if the portion of tokens offered at each ICO round is quite small and the rest is kept as reserve so as to be released in batches into subsequent ICOs, it might work!
3- Maintaining and increasing the coin price. This is the most important task of the project by making sure to reach the milestones as promised and excellent marketing and PR activities.

Do you have good examples of projects who did this?

I agree with this analysis. There are several projects that do multiple rounds also because of uncertain market factors and the developer team is waiting for the right moment. In addition, there is a different bonus distribution each round and this can attract investors because sometimes there are investors who want a large bonus from their investment

Crypto_lion

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Quote from: Rockie1234 on July 27, 2019, 03:18:54 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.

That defeats the faith in the investors. In the very least if they are planning to do another round of ico that means that the initial investors will loose their stake proportion in the coin and supply will increase .

mdessouki

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From my point of view, there are 3 issues to discuss:
1- The need and plan/roadmap to do multiple rounds of ICOs. Like traditional investment rounds (Seed, round A, B, C, etc.). I think that if this is documented well in the project whitepaper and business plan and made clear to the investors including clear milestones that are aimed to be achieved per each round of ICOs then it would be trusted to some extent.
2- The mechanism to do it. ICOs by nature are a one time crowdfund mechanism. However, if the portion of tokens offered at each ICO round is quite small and the rest is kept as reserve so as to be released in batches into subsequent ICOs, it might work!
3- Maintaining and increasing the coin price. This is the most important task of the project by making sure to reach the milestones as promised and excellent marketing and PR activities.

Do you have good examples of projects who did this?

Samboo

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According to my knowledge, crypto projects hold several rounds of IEOs or ICOs in a bid to attract as many as investors and traders. IEO or ICO are the means of collecting funds to support projects. Launching IEO or ICO many times is also a means to advertise a project.

Distinctin

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Quote from: Google+ on September 06, 2019, 06:02:08 PM

I think there is no problem if the ICO has a very large round because maybe their project requires a lot of funds so they give a very long duration to raise money hoping that many investors' funds will come in.

The only reason why they have multiple rounds is to raise more funds or to raise at least the soft cap when the amount raise is not enough.
But, I am not seeing success from the ICO this year anymore, that's looking at the majority of the projects and it seems like time has come already that those who wants to run a crowdsale has to already ensure they invested a funds on their own first, which I think would make the project more reliable especially if we can verity the authenticity of the amount invested.

aemma

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Although it's not rampant but I have come across one or two, according to them, the reason for the multiple round of ICOs is to enable them develop the appropriate product as time goes on. The first round will set them in motion while as time goes on they will have others which at each point is meant to help them fulfill a certain goal. I think there is no issue with this, but however one needs to be careful as it can also be used against the investors to exit scam.

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I think there is no problem if the ICO has a very large round because maybe their project requires a lot of funds so they give a very long duration to raise money hoping that many investors' funds will come in.

Pet240

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I have seen something similar to that, that is, a project collecting fund at intervals, until perhaps the hard cap is achieved which is not outrightly the same as seeing a project collect funds, take a long break, use the first fund for aspect of the project and come back for another, might've very wrong and not encouraging. What is the desired fund is not achieved? How will the initial fund collected returned?

Shallow

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Yes I have see such, where after the first round they kick off with development, then after a certain amount of time they conduct another. Although this might sound right or logical but on the other hand, I don't think it's encouraging or the right step; there are projects which did just one round or even softcap and never bothered to conduct again. Doing multiple round ICO might send the wrong signal to investors as they will be forced to compare it to other developed projects or platforms.

mr_random

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Quote from: babysweetTiger0401 on September 05, 2019, 11:10:19 PM

Quote from: Rockie1234 on July 27, 2019, 03:18:54 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.

If ever I saw an ICO that has a multiple rounds from round 1 to Round 6, usually I never join in that particular projects, because most of the time that projects ended up into scam, aside from very long period of running they are cheaters and deceiver to their community and mostly they said promises and hyped people to buy their token it is good and has a good plan.

The no real use case projects with special problem-solving idea always attract the investors and these investors don't look for the projects with ICO rating services. The best projects usually make one or maximum two round ICOs in order to satisfy the needs of the project investors. Aside from the scam projects, small teams also face with the marketing troubles and they choose the multiple round ICOs as an exit method from the being out circle of the investor's interest.

I also asked comparable proposals from the teams at the real meetings but they used the psychological strategies in order to avoid the main debate. Projects should be launched if there is a real need for their coin. Oppositely, the pump-dump coins will spread their toxic in the crypto industry which is not good from the future perspective.

Ucy

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EOS did this I think.
I think it is done intermittently until a project is developed(not sure though). It's actually an interesting way to raise funds.
I guess developers should adopt the method to allow investors to rate their progress before investing more. This will even motivate the developers to keep working hard and following their Roadmap religiously.

mika11

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Projects that mobilize multiple rounds may be due to the time it takes them to develop the project and the insufficient capital to launch their projects.

andika2018

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Quote from: Rockie1234 on July 27, 2019, 03:18:54 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.

At present I am more familiar with multiple rounds of IEO. Maybe there is an ICO like that but now ICO has begun to be abandoned by many developer teams because they prefer to use the IEO method. Maybe a multiple round of ICO or IEO is one strategy in raising funds because maybe phase 1 is not a good market and can be tried again in the next phase

gensol

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Multiple rounds of ICO is programmed for further development of a given project. But it starts getting boring when the ICOs drags for too long a time without being listed. I feel every project should have something on ground first then raise funds to further develop such ideas.

slaman29

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Quote from: Chuky92 on September 02, 2019, 11:37:38 AM

I have seen some of those types of projects, once the first ICO or most times pre-ico is successful and they set out to develop their platform, in the near future they will still carry out another round of ICO to source for more funds. On the other hand too, is projects which still sell tokens on their website or platform even after a successful ICO. Nevertheless, it depends on the genuineness of the project, there are some which succeeds with the multiple round ICO and some that won't.

Yeah, this is a weird thing for me. I've seen now a few projects that are into 2nd 3rd round funding even and they didn't really make it clear. I go in thinking it's a new project then discover they actually ICOéd like 2 years ago.

No problem to do new funding round, for sure, if you did something with the first round. But constant ICOs feel like something fishy to me.

Topic: Multiple Round ICOs? - page 5. (Read 1373 times)