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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, it is pretty normal. They offer cheap tokens at the beginning and gradually increase the price of the token in each round (to attract early investors).  :)

I don't mean like a pre-ICO followed by a main one. What I mean is an ICO, then a period of developing and spending the money, and then later on in the project doing another ICO (but this is the part of the plan, not out of desperation).

I can't remember a project that did this but I can remember that there were projects that actually did this. How about the Telegram ICO (TON). They've made an ICO last year or so and they have it this year again.

As for the rounds of ICO, it's their strategy to attract investors to get in while their tokens are cheap. And as the round ends, the tokens they are selling starts to increase in price and bonuses will become lesser.

Well some projects do multiple ICO rounds but they don't necessarily give long duration before the next round. If they wait for so long, then the very first round will be regarded as the ICO , maybe subsequent will be other methods to generate funds for the project especially when the project list on exchanges after the first round. Also, nowadays some projects do IEO on different exchanges and regard it as different rounds of token sale.

I know of projects which still sells their customer token on their website after conclusion of initial ICO and having already gone on an exchange. It is not completely new, but it is a delicate process. The price has to reflect the conditions of the market and investors sometimes complain that it reduces liquidity on the exchanges.
Some projects also offer buy backs and store the tokens to resell at a later time.

You are only spicing it up am making it look cool. Multiple round bounties can be a way that some project uses to delay investors and bounty projects participant. They run the first rounds and when not satisfied or notice failure or low turn out opt for a second round their are initial coin offering that runs endless rounds of ico

Well, actually ICO with multiple rounds have ever happened and I found it, unfortunately, I participated in the bounty programs. Aside from it, ICO with multiple rounds may have been set on their roadmap, ICO round 1, 2, and etc. However, some teams also decide to extend more ICO rounds after looking at the progress and development of the fundraising and see their prospect in the market.

I have heard that so many times. you can try to check qdao, some IEOs have been creating the first round and a few months later it was conducting a new ICO called IEO partnered with exchange site and just visit ico drop and you will see that.

We've seen some projects having multiple rounds ICO's to augment their financial stability as the project development goes along  but I believe its also a strategic move to coincide with major development milestones and roadmap performance and could be used as a basis to test investor's sentiment towards the project and consequently make improvements on marketing it in the succeeding ICO rounds.

This is really complicated and most of these projects are just trying to pull more time to make money. I have participated in many ICO projects in 2018 and very few projects have been successful in implementing this strategy. Now is not the time to choose these projects because it will definitely be shit projects and it is best not to care about ICO because ICO projects are now mostly scam and will only take time if you invest

honestly I've never seen a project like that. but I think there is a project that can do that. only I myself cannot give an example for a project that did it. but of course the project is clear of the direction of the goal because they can provide funds to their own projects with money from the launch of their previous coins. it's a very good project to follow, of course.

It looks like it is. If the ICO team announces the next round, it means that the team did not succeed in the previous rounds for various objective and subjective reasons. This means an additional loss of time, material and intangible resources. This in any case negatively affects the project itself. However, the same situations do not happen. In order for the project to work, sometimes repeated rounds of the ICO are necessary.

Was never a big fan of running multiple rounds of ICOS but it was quite common back then for the projects owners to run multiple rounds of ICOs because hitting the fundraising goal was pretty tough. If I am not mistaken some projects are still doing but this time through IEO.

Normally ICOs will be launched in presale with more discounts and public sale with the original price,most project will do thing one by one and some will do after few months later of pre sale completed.This coould be an idea to invest on the project at public sale whether we can invest or not.

Yes its normal for ICO projects to have several rounds of fund raising anytime they want even the devs may decide to switch from a round of ICO find raising to IEO fund raising,this helps many projects to continue productions

I think first round for some attraction, and after that need round by round ico because it's depends on public attraction also I think it's a policy of related ico developers!

I agree. they want to maximize fundraising, making ico a few rounds. some projects have already done it, some have succeeded but some have not. I think it depends on the policies of the developer and the products to be developed, giving rise to investor interest

It is a type of marketing to attract investors to participate in the project earlier, because the price after each round will increase gradually, so participating in early, you will have more incentives.
Some projects have a Private Sale round targeting Venture capital firms, when they will have a separate agreement.

A lot of projects are doing such fundraising. First rounds are covering basic development and as you said after a certain period of time they are going for real money. I saw enough projects that raised funds in ICO and then launched an IEO to collect more funds.

Such projects mostly are failed ones. IMO, we should not invest into those projects, no matter which sorts of fundraising they use, ICO, IEO, ITO, whatever.
I saw some projects run their ICOs at starts, months ago, then recent months/weeks came back to run their IEOs. Those ones should be avoided because you will highly lose money if invest in those projects.

I think that is very normal if the project does this. for the sake of development and goals to be achieved there must be a perfect program to do, one of which is this. a project needs funds that are in accordance with what is needed if it is not fulfilled they will roll back and seek more funds for the purpose of a successful project.

There are many projects that have launched their IEO phase-wise. There maybe many strategies behind such projects holding their IEO alternatively. The main reason is most of crypto projects are failing to raise required funds. One of them is: https://tokensale.moozicore.com/

This gives investors more opportunities to participate in good projects and this is being applied very well at the IEO. Now Huobi is applying this to help many investors have the opportunity to participate in the projects they propose and this makes many people have interest. I personally like to join round 2 or round 3 because it is a time when many people will tend to buy more

which I know all of ico projects do several rounds of sales, they give the biggest bonus in the first round. this is done so that investors are interested in investing. there is nothing to worry about that  :)

Its okay I guess if its already written down on the plan and the early investors already know about it. That means they are just executing the plan and keeping their promises. Some project really need fund to grow so that making the second round is okay. But, only if the token from the first round still hold its value and not just being dumped to the ground. Otherwise that won't work. No one is gonna invest.

I had seen that kind of ICO before that they conducted first round ICO and after couple of months they conduct ICO again for the second round but I did not see the outcome of the ICO if it is a successful or not. Investors will see it if the first round ICO is successful one or not and it can also gives a good chance to make a successful investments.

I've heard and had tokens that hold ico with a lot of rounds, that's satt token, the project is a little strange in my opinion because they are too ambitious with the project, but the sales results aren't too high and it's been almost a year or so hopefully after this round they stopped because in my opinion if there is no progress holding ico continuously is a waste

i think all ICO project always have a fixed rate,
but they will give different bonus for each round, thats why an ICO project will run a multiple stage on ICO

Depends on the allocation, some of the project doing that's by PRE-SALE but they need money not too high because it's for the only early adopter.

They raised the first money at PRE-SALE for building the platform, after the platform its ready they make another went the product already ready to the public called Main Sale, ICO, Crowdfunding & etc.

it is normal to have different stage of ICO/
at first there are presale and public sale so what we are looking on this?
ICO is an ICO as long as it is legit then its all good./

I haven't heard of any but this model would surely fail the token and project at's really difficult to achieve visible progress in limited amount of time.
Even companies like spaceX fails to deliver on time, business is not always a profit but not being deviated due to losses.
Investors would not trust a project that brings ICO in multiple rounds as the first ones would be frustrated to wait.

I appreciate those who continue to make ICO sales until they reach the hard cap target, they are seriously involved in building the project and not in a hurry. But it doesn't matter if they stop selling, but the project is still running, but most of them are desperate to stop selling and the project dies.

This is a good idea to take but unfortunately, I do not know if there's any project that takes this initiative, I think we don't have one yet, they all want to sell all their tokens and get as many funds as they can, sometimes they do ICO then IEO without any platform to present to investors.

I think that 90% of the second rounds are cheaters who want to collect a maximum of ideas. Unless of course the project did not provide serious reasons for the extension. Say some of the projects of the ICO after the fees made additional rounds in the form of an IEO. But such projects are not reached HardCap on the ICO can be understood.

This is the approach of a every ICO, that is there several stages of sales, Private sales which a very cheap for heavy investors only, public privates, and then several other rounds of ICO with price increasing gradually.

some common thing,we know market have a high fluctuaction recently, and for some reason , the dev have plan to make it multiple round.
the most reason it for make a price better after release to the market.
another common reason is for waiting the bull come or bearish end.

There are many projects like this especially now and main reason is the slowness in the ico market and difficulty to raise decent funds that is why now icos try to do extended fund raise campaigns in different phases.

Honestly I do not believe in ICO's that take so long in selling their tokens, a lot of those that come with so many rounds and span so long often end in disappointing investors. The shorter the better

I do not think i have such an ICO at hand and neither have I seen it. Then for such a project to function properly, there might be a problem, because investors could have lost interest in it, if it is taking too much time.
The multiple rounds can be done within a short time frame, that on it's own will make things better.

reasonable or not there are binding conditions. So it is very important for us to examine the roadmap of the project that will be supported. projects from professional developers will definitely carry out activities according to the targets in the roadmap, all scheduled and on target. In recent years, IEO has become more popular, so some projects that have done ico some time ago decided to gain greater investor confidence through Ieo.

The entire point of splitting ICO/IEO rounds into multiple phases is to reach out to the investors in a way that makes it seem that investing in earlier rounds ends up being the most profitable. Offers like X% discount or bonus tokens on the first round, (X/2), (X/4) and so on for subsequent rounds attracts a lot of investors to buy into the project earlier in exchange for a chance at making more profit.

Trust me, that ICO is will not do anything good in the end. Two rounds is acceptable but doing it for 3rd and so on and it's going on for a year then it is really bad. I have seen many ICOs reached their softcap but they were showing their true greed when they want to reach close to hardcap. Those ICOs are looking for a quick profit more than the investors.

Do not invest into ICOs that hold token sale for 1 year. Look on the most successful ICOs, they raised money in few days.  ;)

Yes, I guess it's just normal specially if the money they have raised initially is not enough to push the project to the next level. I'm sorry though but I can't provide some links but I have seen this in the past.

Project plans changes a lot, there could be roadmaps initially but as it move forward there could be changes that can affect the budget of the project so it's necessary that another round for additional fundings. What I don't like is that project changing the rules of the bounty in the end or at the middle because they failed to raise the funds needed.

Previously, there were many projects that did this and that was very reasonable. But now it seems that there are not many more even no more projects that do ICO in several periods for development. All completed from stage to stage, at least 3 months a long time to do ICO.

Multiple model of ico is a good model to rise some funds. Why I think so? Because investors have a warranty and proof of existing company. Short ico's without rounds is not so good like multiple rounds which runs about months or even a few months so people can check the project and to be proof in their existing and can believe them.

I don't remember the names of those projects, but there are coins that do several rounds of ICO, they sell their team shares or shares that they've locked and plan to sell in the future, of course, it should clearly detailed in their roadmap, and they already have products to back it up.

I think it's normal ICOs with multiple rounds and i've seen in some ICO project. I think they still have allocations for the next ICO for development of their project.

They are trying to reached the actual funds that needed to complete the project and make it sure that the progress will happen, many of those ICO's are
just doing nothing even doing multiple rounds of sale period or even they've collected the hard cap but nothing being provided to the supporters and
become nothing at all but just a broken promises that can't be reliable.

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.

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..

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.

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.

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

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.

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 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.

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.

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.

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.

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.

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.

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.

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.

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.  8)

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.

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.

Never ever heard such thing because usually or a typical ICO does normally have pre-sale,main sale and I didn't head out about another round of funding after some several months or a year after.If there were projects like that then usually they cant get much funding on 2nd phase unless if they able to convince the previous investors to put up money and see some development on the works rather than having no updates or just an imaginary project hanging.We know that majority of projects nowadays are frauds or doesn't deliver something new and keeps on copying already existed project ideas and repeat the same process over and over again as long they would able to extract out some money from the community and since you've ask this,have you seen one project do have this multiple round ico? if yes then I'm pretty sure they would failed up or even on the first or initial phase.

I think that is their main goal here, to raise as much money as they can in the first round so that they can continue with the development of their project. There are expenses that needs to be settled behind that is why it is very important to reach soft cap or even hard cap in the early stage. Assuming that they didn't they another round is needed. My only concern is that if they didn't raise money for the first time, then what are the chances of the project to survived if people are not going to be interested anymore?

I think a multiple round ICO is a good thing so long as they pay between rounds. It will mean there will be less initial dumping and more time to hold for later profits. It gives bounty hunters some time to think about their next move. Maybe some will even hold and decide the bounty treated them well so they will be loyal. A loyal bounty program will increase the chances for a successful project and good value token.

Yes it's possible some projects don't wait for long before another round of ICOs. Mot times they do this in order to give room for development to have an MVP in between a set time frame other just to raise enough funds for their project development.

There are many projects that have held ICOs many times and on many dates. One of them is moozicore, https://medium.com/@moozicore/the-1st-round-of-the-moozicore-ieo-on-exmarkets-exchange-has-been-successfully-completed-2e71d8e7b984.
Launching ICOs many times is a means to raise as much as budget to fund project goals and ideas. It is also a means of increasing price of token.

I think this has been common to ICOS that reached only their softcap, they need to collect more funds so another rounds of ICOS has been implemented well now in a form of IEO. The main reason i think is because they didn't collect enough funds to develop their project so they conduct a succeeding ICO or IEO to reach their goal.

That doesnt make any sense. Why project make new ICO rounds, when the best scenario is "sell everything in the first round and reach soft/hard caps". "Launching ICOs many times" means there is no interest in the project. No one wants to buy it.

How can lots if ICO rounds increase token price? If the project didnt sell all tokens on the first round at the price X (so it makes another ICO round), why would someone wants to buy it with the price X+2 ?

They have been doing that even before IEO was established, to just recently that harmony did it first, I think harmony started their project through ICO first and then later took it to binance IEO after they could not meet up with their funds request on time in the ICO market, but prior to now, we have had so many projects that usually give space for their fund raising deliberately.

I guess those are the one that usually have real use case, they raise little money first to prepare fully for the project and then put some things in place ahead of the major development while they come back to raise more money for the bigger development, at the early development, they must settled anything that has o do with exchanges, and once they are through with second stage, you see them entering exchange immediately.

Typically, each new project has two rounds of fundraising. The first round is called pre-sales or pre ICO. In this round, the development team usually attracts large investors by offering them the greatest discounts.
This is followed by a round of the main ICO, when everyone can invest.

This is not good, if the project has a good idea, there is a finished product or mvp, good marketing, then the entire amount is collected at the pre-sale stage. All this tedious stretching of time for rounds, all this is a sign of the scam, I immediately remember the Orbis project, which raises funds for the second year and continues to do so, deceiving the participants of the bounty and leaving without payment.

it is natural that their plans or roadmaps in such development, there have been many ICOs that I have met at the moment and in the process of taking so long. like the mycro jobs project. mycro jobs also does IEO besides ICO.

Projects usually divide ICOs into rounds, but they continue over and over until the goal is reached or the deadline is reached. But projects like you said may not be normal, I think you should not join such projects.

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.

that just normal for most ICO's rightnow , 1st round giving much bonus and get lower and lower every round
but sometimes that the cause of that coin always having dump on their 1st time on exchange and who get loss is the people who buy at the last round

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.

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.

I think doing an ICO in stages is quite responsible, and could be an indicator of a good project. Initially they try to raise enough money to get them started, then later on if they are doing well they offer people the chance to judge them on their progress so far by offering a further sale at higher prices. For me, this is much better than those projects that just try to raise as much as they can at the very beginning, with nothing to show except a roadmap.

Here

https://moozicore.com/
http://www.farm2kitchen.com/
https://translateme.network/
https://origin.foundation/
https://bolttcoin.io/
https://mymach.io/

Most of them do a token sale more than 3 rounds and then most of them do an IEO on Probit Exchange
They just another money grabber...

I'm sorry that I don't have links to such projects, because when I realize that a roadmap is not good and the money is less then I will ignore them.
In the crypto market, in order to develop a good product and business, they need to estimate the costs that businesses have to spend every year.
If they keep calling for capital and refuse to come up with cost-cutting strategies, it's a sign of failure.

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.

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.

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

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.

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.

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.

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.

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?

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.

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.

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.

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.

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?

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 .

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

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.

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 ...

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.

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.

I think it is normal for any bounty campaigns. I think they are strategies to attract more investors or just as what you said gain more funds for the development of their projects.

Since the market of ico companies is very much compromised, I very much doubt that spending a few rounds of ico companies, a particular project can attract more investors.  In any case, each investor must be either fearless or very confident in the prospects of this project.

Yes I have seen a few of them, according to their road map the first ICO is for starting the platform while setting things in motion such that the platform will run in accordance to the road map, then with successful results they will be able to launch another round of ICO to kick start another level of development within the platform. However, owing to the nature of most of them, some don't even last let alone running another ICO, also owing to the nature of ICOs nowadays even if they should host another, I doubt if investors will consider them as it might also look like exit scam (just saying).

Many times you see some dev and team performing different rounds of ICO because they fail to meet up with their target and in order for  them to continue with their development, they have to conduct another ICO.

I can't provide any link now but know some project that did this. Synereo team did this, they raise money from the space atleast  twice another project that did this was Fetch.ai, they have raised money last year and this year did another round on Binance through IEO.

Good analysis on your part. I met several projects that carried out a number of stages of ICO. This is usually displayed on its roadmap.As an example the recent Orbis project, which carried out several stages of ICO and plans listing and trading on the big exchanges in november 2019 year

Several project has done that in time past, they can be trusted if they have good and experience team, also when they follow the road map set, early investors can trust them, therefore to reinvest and also invite or encourage new investors will be easy.

Yes I have heard about it in various projects, although I don't know if they later carried it out. That is, after their first ICO the project will kick off then in the future they will conduct another so as to start another phase of development; but the issue there is, what will guarantee they have a good ICO later on? However, if the project is working according to plan and the results is visible for all to see, then maybe investors will be encouraged to participate in the another round of ICO.

Orbis was an old ICO sales project and it was very long and heard that Orbis was a scammer but hearing your statement that Orbis will be trading in November, I'm happy

I am pleased to join the ICO bounty campaign if the team has already worked well in the first round and their token is already being traded on the exchange. This gives confidence that our work will not be in vain. The cryptocurrency market is very unpredictable and gives different results at different times. Therefore, I completely allow repeated rounds of ICO, if only it would benefit the project and cryptocurrency.

Usually a project should have 2 rounds of ICO's but when it happens to have multiple rounds then the project didn't raise the necessary funds and the lack of investors force them to make another round with another discount which can be dangerous for the previous investors. When someones sees projects with multiple rounds of ICO's , just stay away , its better and safer.

Some projects who are legit one really doing a multiple batches of ICO rounds. Normally for a project this is what they do since its really hard to raised money and at the same time do some development without ample budget. Of course developing something needs people to pay for unless the team are consists of all developer that shoulder their own work for the projects

I hate ICO running with multiple round, I find many ICO have round is not for first phase but also can round for many phase, after first phase ended they are running with second until third phase with six months for ICO sell, after ICO ended they make IEO for selling their coin and investor keep hold their coin very long, I hate this because if use for other investment we have get much profit.

I relate to several rounds of ICO quite normal. Mostly these rounds are due to the current poor state of the cryptocurrency market. The ICO team cannot raise the necessary funds right away and is trying to do this in stages. Sometimes unforeseen circumstances and changes occur in the project itself. Of course, the appearance of other rounds of ICOs indicates that certain malfunctions are occurring in the project plans, however, the realities of our life always make their own adjustments.

they do not care for investors , they do care only to raise funds that can be use to the project the more funds they accumulated the better for them. Since most of the ICO right now  is just want money not to make a good project.

Projects that do multiple rounds of ICOs are not many, they are very few and yet these few ones have failed at last even after the long ICO fund raising, i don't see anything wrong in this idea and its another good way to make sure that they met their fund target by means necessary

Of course and almost all ICOs do multiple rounds on each token sale, because with that they can maximize their fund income from investors with multiple rounds and bonuses in each round are different
And the duration is arguably quite long in each round

in general, ICO sales are divided into 2 phases, Pre-ICO, and ICO. however, at the time of the ICO, sometimes they made the ICO part into several rounds. it is used to accelerate the achievement of investment, such as Round 1 must collect $ 100k, Round 2 $ 50k, and Round 3 $ 25k. every round maybe the price of the token will always increase. I think that is one of the sales techniques and quite a lot of projects like that.

It is not only because they wanted to take money from their investors. Most of ICO projects are actually having multiple rounds of ICO not because they want to, it is part of their plan for the improvement and development of the project. There are some reasons for it, but it is all for the success of the project.

more ico has multi rounds on their own, sometimes it can be more dangerous some time it's good, that mean its all depend on project quality so we have to recognise good project on that, I recently search about hawk network and it has pretty great idea about IEO planing so you can learn more with twitter link given below https://twitter.com/Hawk_HKC/status/1184768244802052096 

as parts with works on manage to gives with notables on quote as possession with limit of numbers with capital to helps as beginning of terms with extensive manage on plan with the projects the returns to refer with shifts on stages to attains on field as complying with works on higher terms of tasks as completion.

Of course, these are sales techniques, but the question is different: do these sales techniques work? not stupid investors remained on the market now and they understand when to buy - after listing))

I think the first round of ICO is done to meet up the preliminary expenses related to a business which will be utilized to check the feasibility of business and it's projections. Moreover sometimes even the pilot testing stage is done using these funds and after they are pretty much sure that business is feasible and can bolster then they launch the second round of ICO. But personally I feel ICOs aren't actually implementing these things. I think they just do this so that they can actually crowdfund more money in the second round because the buzz has been already created. Generally the main crowdfunding the second one and the fist one is just pre-sale.

It has been done most of the time, first round will be pre-ico, which they will raise fund for the implementation they need, and any other development or to start their product. Next is ICO which they use to fund the whole project including the listing in any exchange.
In my experience before, I have experience second round ICO, which will happend several months after the ICO, I'm not quite sure if this is still happening till today.

I have seen a few times that many reputable projects can be resold, even though they are listed on major exchanges. As I remember, something like this happened in MAN. The year after the end of the ICO, ICO should have been. There are those who remember this project. IMO if the project is respectable, nobody will be doubtful and we will have full confidence in everything devs do.

Lots of this happens in new projects. Some even reached round 3. The possibility of this is only 2, first, they sell with the reason to distinguish which early bird and which are ordinary investors. Cheaper prices in the first round or usually called presale or private sale. Until the next round where all the coins are sold out. Second, the next round occurred because in round 1 the hardcap was not fulfilled so a further round was opened to meet the target.

These are tactics of developers to pool in as much funds as possible and now most of the project does that with cheeky terms like bonus rounds and all,  I think it's a waste of time as resource which shows lack of planning and improper execution in the first round which makes it spill to other rounds.  Nowadays investors are bit hesitant to invest after a disastourous last year so developer needs to win the trust back with genuine projects.

I've seen a lot of ICOs who had multiple rounds of crowd funding. Some even extend their crowd funding event to make sure that they have enough money to develop the project. I actually invested in an ICO 2 years ago and had forgot about it, it almost took them a year and up till now I haven't had any news if they were able to finish their ICO. I didn't bother too much since it is just a small amount of money. Most projects delay their launch date if they think it is needed to be done.

To be honest, I don't want to complain too much about ICO projects with many rounds but from my experience, I see most ICO projects launch many rounds and call for funding, the rate and success of these projects is very low because my first thought about these projects is that they don't have confidence to attract enough capital, so they need to create many rounds to help the project lengthen and attract more people. However, this road only reduces confidence from investors when the time is too long, the stagnation always makes people have aversion.

Yes, you are right. They really are not mature enough in that regard. That way, their roadmap can be messy because of the unexpected round 2. If I saw from my experience, if it has entered round 2 because the funds are not collected properly, then it is certain that the coin will be ignored or the roadmap does not work properly.

depending on the investor, if they believe in it they will provide additional funds when the next ico is held, but this is not separated also from the scamer I mean they make an ico with a low softcap in round 1 then continue in round 2 raise the sc.
so it's not all good and all bad, you really have to pay attention to the development of the project.

I left with find ICO run with multiple phase, now I interested with invest on IEO without have multiple phase for coin sell, I will join ICO if coin sell based on how road map schedule by team and owner, without during how road map have make by team ICO I will left and never investing with ICO have multiple round for selling coin, excatly second phase is enough for selling an ICO coin.

Now almost every project spends how many rounds of ICO. In principle, it works like this, the first round with a big discount or bonuses to attract part of the money well and see how the community reacts to their offer. Next, the next round starts, which has less discounts and bonuses. However, there are such cases, especially now, when fees are going badly and projects are making more and more rounds in the hope of raising funds. I am worried about the fact that project admins set unrealistic amounts for soft cap and hard cap. Of course, I understand everything that the more money the better, but for such money as they want to raise, you can do a lot of things, but in fact, every project turns out to be a dummy. Based on this, I can conclude that a few rounds of ICOs are just an opportunity to raise at least some kind of money.

many ICOs are like that and in the end when they enter the market the price falls below the ICO price. recently like Curio at the beginning of the ICO they sold tokens at a price of $ 1 when entering the market the price dropped to $ 0.2 it's very sad

Yes, that is their strategy, but there are ICO during its peak season that they were be able to raised funds during their private sale, so they don't need for rounds in public sale. It was happy to see ICO during those times that almost all are almost hitting their sales in just a short period of time, unlike today that even IEO, it is hard for a project to raise fund.

There are a lot of ICOs who did this though I don't have the name of projects by now. These projects usually did this not just because of the additional funds that they needed but of course, they have considered the market condition especially last year wherein market is really down and many holders lost the amount that they had in 2017. Currently, I am with Freelanex, not an ICO but an IEO but they will have 3 rounds.

True, it is very clear that the curio token is currently experiencing a very severe price reduction on the exchange probit, whereas when it was first listed on the exchange probit, the price had risen above $ 1, so bounty participants and investors were disappointed with the curio project .

It can't be handled since the situations inside is still not favoring new projects. supports after the listing is not that much and the developers needs the fund
to continue the development of their coin. There's no assurance that even they've met the hard cap means that they'll be able to catch up and bring profits
to their investors. If you can find other projects better to stay out from multiple ico round as the chance is slim to succeed.

This is the setbacks of ICO. The more they delay the more suspicion that they are scam or fraud. It is much better to start a project and made update to investor once you got funds. Some extend the ICO  thinking that more will come to join and shell out their cash. Its 2019 and more than half of that ICO has failed.

I've seen such icos, which open a lot of rounds to get the funds because the previous soft cap has not been reached. But depending on the investors they believe or not if there is an additional round for additional funds.
Not freelancing also from the scammer that made the ICO in the early successful, but in the next round, they escaped.
So there must be a positive and negative impact on both of them.

It is a common thing that projects are trying to raise money in phases. First of all, they may start on a bear market and finish of bull market. This is the core idea to do so, but in general the most ICOs are likely to fail, even if they are collecting funds during the whole year.

And when entering the market usually also disappointing. some projects even experienced a significant price decline when after experiencing a launch on the stock exchange. is this a natural thing? because of course we do not want to get a loss from the investment that we do but precisely this time due to ICO all get losses

But if ico is done with multiple round, then the time to analyze a project will be more and you can see the progress of the project to the end of the investment limit, and if the research has good results you can invest in the last part of the ico period even though you don't get a lot of bonus but your research will be more maximal than in the fast-running ico, so you will have more difficulty analyzing it

What you are talking about looks like a fraudulent scheme. As a rule, the project announces in advance how many rounds of fundraising will be carried out, and after that, having gained a certain capitalization, the project begins to work at full capacity, with no additional fees being spent.
An example of what you are talking about is the MiracleTele project. After successful fees, the project still sells coins that have already depreciated to impossible numbers.

I think MiracleTele is one good example of a project driven by greed of the developers.
They have no shame to grab money from those investors and disappeared once they took their share.
I don't think they can salvage this platform.

https://www.publish0x.com/cryptosoup/miracletele-urgent-update-financial-troubles-and-staff-losse-xxznvp

Multiple round of ICOs is good as long as the project is showing great progress after each round of collecting their funds.
But would be best if they can deliver their objectives ahead of time.

I found only 3 types of multiple round ICOs. One is as you said second round for additional goals, Cinemadrom is the same types of campaign I think. Some projects runs ICO by top coins like BTC round, Ethereum round and XRP round to additional goals. Third is simple like sperate the whole term of project run by several round. I'm not doing any types of campaign until something interesting in their project.

To do so many rounds of fundaraising is a fraudulent scheme, that means the developer has no vision to develop its product. A single guy like George hozt is enough to create an autonomous driving mode for less than 1k dollar. The ico that conducts so many rounds of fundaraising was totally non sense thing.
they are a greedy bastard who is looking for money only and they have no competence to develop anything.

What do you mean by this sentence? The duration of ICOs? Or The phases of working on a project as a whole?
I think a quality project mustn't depend on market trends. It can continue improving with smart plans, own funds, and community support.


I can agree with you a bit. If a project creates regular updates and lets the community + investors know the current achievement, it is no problem. However, regarding the achievement of ICO's rounds, most projects are not open to the community. They just announced to have other rounds after the first one was over, then no updates related to how much they get the funds.  

It is like the soft opening of a business venture. This strategy can help them gain the interest of the potential investors. It is kind of normal for new projects that do not want to make unrealistic promises to their investors by only aiming for small objectives that will add up in the end. It is a good way to ensure that the project do not just want your money, it wants to be part of the development of the coin.

It certainly a good idea because many projects failed because they aim to high or do not have clear plans to expand their project. Multiple rounds of crowd funding enables the investors have a "practice" investment to try the wellness of the project. It is also a good way of showing that cryptocurrencies are not a ponzi scheme or a scam because the devs are not after your money. Multiple rounds of launching also makes the coin constantly relevant to the market.

In general, I normally belong to several rounds in ICO projects. This is sometimes a necessary measure, which is now associated with the poor state of the cryptocurrency market. Even good ICO projects now often do not raise sufficient, even minimal funds, and therefore such a measure may be the only one so that this project can still be launched.
However, as elsewhere, there may be abuse. This is not always good for bounty hunters, because sometimes the ICO project teams do not allocate additional tokens for subsequent rounds, in fact, forcing them to continue working for free, especially if it is impossible to exit the bounty without saving previously earned tokens.

It's normal thing in ICO since in every round, the price becomes morr expensive which make since and beneficial for thr earlier investors. The only cautious in this system is when the stated period per round were adjusted and moved. It happens many time when the project doesn't meet the expectation and preparation they expect to the investors.

investors will loss their trust if developers team decided to run multiple ico.we have multiple opinion with their decision why collecting money again ,first round investors will be very disappointed more over if developers team didnt reach roadmap at all. ,they affraid market will have different response with developers team thinking.i am sure if it happen ,they were mismanaged fund from 1st ico.

The team has an option on what to do based on their strategy while still selling the project, all they want is just to raise as much as they can so they will have a decent amount to develop the project, I think the more crucial part is after the ICO as that's the stage where we will know if they deliver or not.

Ico usually only does one round of their sales, but the policy can change if the income develop get is not in accordance with the minimum target (sotfcap), of course the team will try to do ico for the second time so that the collected funds can reach their target, because the more funds are obtained from ico, the easier it is for them to develop their project according to the roadmap, but if there are project developers who repeatedly make an ico even though they have received a lot of funds and reached the target (hardcap), I thought that was a fraud and only targets money from investors.

Multiple round for ICO selling make many investor tired with ICO investment, almost ICO have more than ten phase for selling their ICO which each phase take time more than two or three weeks, I invested with ICO and waiting moe than three months for selling coin in the exchange market, I dislike with procedure of ICO have multiple phase for selling their coin, why not take short time for selling ICO coin.

It's a pure greed from the developers to pool in more money and these various phase of IEOs are not communicated to us when we initially invest in their projects and then it's really a tiring procedure before we get our tokens or money back and then we gotta either sell it off immediately which causes investor's dump or else take the hit as most of the coins go through pump for first few days of listing then takes a hit.

I know we cannot blame the developers or investor's alone because sometimes bounty hunters dump the tokens and sometimes market doesn't favor. It's good to avoid ICOs for a while.

But the reason they held multiple ICOs in addition to being afraid was because the funds obtained were not enough and on the other hand to get the maximum funds. Of course, if investors in the first round will get a big bonus or discount and give bonuses for each round

Investor confidence will continue to grow if the projects that run ICO have good goals and products, I have seen several new projects, for example, QDAO which runs ICO for more than 5 rounds, with prices that continue to rise at each round and the tokens they sell continue to run out sold every round.

I think that it was when raising of fund through ico started becoming too difficult that they introduced that Multiple round of ico, unlike before that a project could even raise the whole project moment within 2 weeks but now, I dint think that even works again. Some of them don't even pass the first round talk less of going to the second phase and I think it is not right for you to put much blame on hunters dumping a project.

When it comes to a project to dump, it would take millions of dollars to be taken out of the project marketcap for it to be qualified as dumping, then ask me, how much exactly do these people allocate for hunters, and how many hunters really worked for them for it to have had major impact. The people dumping their project are still their investors that they have allocated thousands of the tokens to as gift.

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.

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

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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://bitcointalk.org/index.php?topic=5105360.0
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.

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.

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.

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

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.

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.

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.        

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