My opinion is :
Waves as a platform seems better than ERC20 in terms of TX fees and ready to be exchanged in waves dex ..the only down side of it is that not much legit projects are using it .,
also free distribution while accepting donations is the most balanced way to go with allocation
ICO model is good to collect the necessary funds for listing and development but not everyone can participate (US/CN/...)
it's a nice approach to take community opinions before the start of the project so count me in to support you guys