us as the devs wouldn't touch the IPO funds or if we did it would only be an agreed upon small amount of the overall amount
You think, in the current situation with that many IPO scams, you'll get that much trust from investors/buyers?
I also think that this coin should basically be working with all the basic features a coin should have BEFORE it is released. All of theses coins that slowly release crappy features after the launch just dont sit well with me.
I always had the same opinion on this point. Currently it doesn't seem to be necessary doing it this way, just have a roadmap and tell you need the IPO founds for that goals to achieve.
I have recently learned that people invest their money if you launch a new coin, use the name of an existing coin, add Dark to it, make an overpriced IPO, promise that "many cool things will follow" but you can't talk about it, promise you'll launch services to make money and get some people to hype your coin.
If the price is above the IPO prices 2 days later, they will say it's the greatest coin ever...