Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: LakeBTC on August 15, 2017, 02:43:22 AM



Title: ICOs: Team Tokens?
Post by: LakeBTC on August 15, 2017, 02:43:22 AM
What proportion of tokens should be allocated to the team in a good ICO? There doesn't seem to be much discussion about this question, but there are massive differences in recent successful ICOs.

I wrote a short post about this on medium:

https://medium.com/@andrew.mccarthy/ico-distribution-models-team-tokens-a866641e579 (https://medium.com/@andrew.mccarthy/ico-distribution-models-team-tokens-a866641e579)

To keep things transparent, I'm associated with an upcoming ICO, LakeBanker (http://lakebanker.com) (ANN thread (https://bitcointalk.org/index.php?topic=2028648)). We have quite a large allocation of team tokens coupled with a long vesting schedule which limits our freedom to sell team tokens to the market. In the post, I argue that this is a good way to go. But we're genuinely interested in getting some feedback from the community on this question. Thoughts welcome...