Nice Idea. Hopefully this method also prevents some of the scam icos because not all funds are released right away and community has also power besides dev teams.
Exactly. Your expression is one of our purpose. So many ICOs told that they need fund for the development of their project. All of them tell lies. If ICO receive 15000btc, 30000btc...If this money is spent for their project worthily, we will see huge projects in a short duration of time after those ICOs. Until now, we see nothing.
ICOBID platform will be developed toward a standard method that the whole cryptocurrency community admits for every new ICOs.