Multiple Round ICOs? - page 7. | Bitcointalksearch.org

asyakashi

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Quote from: PuertoLibre on August 26, 2019, 06:01:47 PM

Quote from: asyakashi on August 26, 2019, 05:57:28 PM

it was a sign that the project was not in great demand so the Team extended the sales period in several rounds.
there are several projects that use this method to achieve their sales.
some succeed but many also fail, if it involves a bounty hunter this is a big gamble.

Extending the required time and increasing the minimum amount are the signs of bad promotions by the team. Using different methods dor achieving the soft cap is usually thought by the slowly developing projects, there are not concrete mechanisms for detecting the most legit project. Several projects with uniques market ideas can be an exception but the market never gives lifetime access to the tokens of these projects. Extended token sales also help the team to analyze the previous round of token sales with the right management tools. That is the reason why investors never like to take pre-sale bonuses as an early bird on the projects.

I also think that there are other ways to get investors. adding campaign time isn't bad either, but looking for other options should also be considered.

Hans Groober

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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.

I have not heard about new projects that conduct similar ICOs. This is of course an interesting idea, but I think that if the developers raised the money necessary for the implementation of the project, they will be able to realize it without additional investments.
Unless they need money to advertise a finished project. However, if the project is good, then finding additional funding for them will not be a problem.

Prolifik

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That could be really a good idea for honest ICOs. Why they need to raise all money at once? Then they are not motivated to do something, they grab money and leave the market, but if they see that they have to do something for money, they will work. Cool

charlop24

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I know of a project that carried out several ICO's and its over a year since the project was launched and its yet to commence the project development. I personally find the idea of multiple ICO discouraging. Several investors are waiting for the project to list, but they are busy with ICO's for over a year and nothing to show for the funds which has been entrusted to the team.

pinoy.bolanon

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Based on my understanding from all the IEO's nowadays they have sequence or rounds for their token sale, i think thats normal nowadays, as they need to execute the project with or without full funds from their token sale, and i think its a good way for the team itself to attract more investors, as they only offer good amounts during the initial round.

X-ray

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There was a lot of multiple rounds of ICO this time, you can see that how the majority of IEOs in exmarket was doing even a few phase of IEO. they are doing it due to the lack of demand and very strict competition.
I heard so many IEOs have been doing multiple rounds in various major sites too just like bitforex and coineal. (but a lot of multiple round of icos were launching at the medium or low platform)
You just need to visit that exchange site directly and you will find a lot of the IEOs were running multiple rounds.

Twinkledoe

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Quote from: danggoron on August 27, 2019, 06:00:22 PM

If the project shows good progress and development and is in accordance with what the developer explains and plans, then that is not a problem. But usually, the ICO and IEO plans are already planned in the roadmap. If there is something outside the roadmap, the responsible developer will provide clarification. The thing to worry about is if the developer doesn't make a clear announcement regarding Ico and IEO additions, and there is absolutely no progress in the development of the project, they may just want to cheat more people, so be careful.

The major reason why they are doing those multiple round ICOs is to rip money as much as possible from naive users. This is true to most projects. They are active during these rounds but don't expect to get answers from your questions when the ICO is over. To OP, just browse the ANN section and you will see a lot of projects doing this strategy and now it is more on multiple IEOs. I hope small or big time investors should really be very cautious before sending money to these projects.

danggoron

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If the project shows good progress and development and is in accordance with what the developer explains and plans, then that is not a problem. But usually, the ICO and IEO plans are already planned in the roadmap. If there is something outside the roadmap, the responsible developer will provide clarification. The thing to worry about is if the developer doesn't make a clear announcement regarding Ico and IEO additions, and there is absolutely no progress in the development of the project, they may just want to cheat more people, so be careful.

ruski

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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.

There are so many projects extended their ICO durations especially in the previous year, and even this year. You can check the ANN section and you will see a lot of them. And I think it is normal, because the market is still down, and many projects failed to reach even their softcaps.

mr-coin

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Multi round should be short time, if it as you said i never participate.
If i intend to participate in any project every point and steps should be clear and according road map and is it?
So be careful many ICOs this days scam, sure not all.

AndRE177

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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.

I heard that now there are almost no successful ICO projects left, there are only scammers who, under the guise of new ideas, are trying to attract new investors. I would rather participate in IEO at popular exchanges than risk taking part in a new form of ICO.

coin-investor

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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.

I haven't stumble project that does a second round of crowdfunding, but if ever there is a coin that will do that, they will have the trust of investors because they have already proven that they can deliver what they promise.

but they can only do that if they have locked token or team allocated for the team that they intend to use for the second round of crowdfunding.
Projects should have a buyback plan, which is highly recommended so they can sell their tokens that they buy back.

PuertoLibre

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Quote from: asyakashi on August 26, 2019, 05:57:28 PM

it was a sign that the project was not in great demand so the Team extended the sales period in several rounds.
there are several projects that use this method to achieve their sales.
some succeed but many also fail, if it involves a bounty hunter this is a big gamble.

Extending the required time and increasing the minimum amount are the signs of bad promotions by the team. Using different methods dor achieving the soft cap is usually thought by the slowly developing projects, there are not concrete mechanisms for detecting the most legit project. Several projects with uniques market ideas can be an exception but the market never gives lifetime access to the tokens of these projects. Extended token sales also help the team to analyze the previous round of token sales with the right management tools. That is the reason why investors never like to take pre-sale bonuses as an early bird on the projects.

asyakashi

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it was a sign that the project was not in great demand so the Team extended the sales period in several rounds.
there are several projects that use this method to achieve their sales.
some succeed but many also fail, if it involves a bounty hunter this is a big gamble.

martina14

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It is normal that an ICO have several stages.
This is on their plan at first, they will just put some number of tokens on the stage to reach the cap then will raise the price after that.
This will level the early investors to get the cheapest token price.

akeegan

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Nuls is trying to create a precursor to an ICO called the SCO which will be rad to showcase which projects are promising from the ones that aren't

nikogluttonym

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And then, when entering the token exchange, only early investors win. Because it has cheaper tokens and reduces prices by selling their tokens. The token should always be sold at the same price so that everything is honest for all holders.

defyance

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Several rounds of ICO can be for different reasons. This could be planned by the project, but could be due to failed token sales, which is more likely.

nxnqauff

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It gives multiple ways. 1. Desperate of the team to raise money by some means, 2. Investors ignores project for multiple ways even with extended date. Etc..

ALLAH 1

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In cryptocurrency all Dev has main target is huge community support and give them service as they want, what is easy. For community support and funds, multiple rounds is easy for sale and gather funds.

Topic: Multiple Round ICOs? - page 7. (Read 1384 times)