ICD is all about the distribution. This mean's there is no offering of a token in exchange for ether. The token is simply given away. As a matter of fact, the only reason why token would acquire long-term value is that the project doing an ICD does a great job. An ICD is also not technically about raising money so you can go easier on the KYC and AML.
ICDs are fairly new phenomena even though AIRDROPS are very common. They are a perfect symbiosis between the newly created currency and the base currency. In fact, the US dollar was used in a similar way during the Gold Standard.
To wrap up, the Usage of ICDs are:
More economic accountability from the project creators
Fewer scams
Bigger economic “potential”.
Bitcoin didn’t do an ICO.
Reinforcement of the base currency
No AML/KYC
p2pglobal.io searched for benefits like interoperability of decentralized applications. We have concluded that by choosing ERC 20 token as a token type, we achieve these benefits. Total Supply is fixed at 100 million P2P tokens. No more tokens can be minted in future to balance the supply and demand.
