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Author Topic: Multiple Round ICOs?  (Read 1305 times)
ilhamsugihamin
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September 02, 2019, 11:06:39 AM
 #81

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.

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September 02, 2019, 04:02:00 PM
 #82

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.
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September 02, 2019, 04:37:38 PM
 #83

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.

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September 02, 2019, 10:30:24 PM
 #84

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
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September 04, 2019, 02:20:16 PM
 #85

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, 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.

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September 06, 2019, 03:49:46 AM
 #86

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, 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.

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September 06, 2019, 04:10:19 AM
 #87

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.

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.
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September 06, 2019, 05:39:08 AM
 #88

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.
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September 06, 2019, 06:36:55 AM
 #89

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.
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...
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September 06, 2019, 07:00:14 AM
 #90

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.

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September 06, 2019, 07:36:59 AM
 #91

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.

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.

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September 06, 2019, 07:41:51 AM
 #92

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.
andika2018
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September 06, 2019, 08:26:08 AM
 #93

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.

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
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September 06, 2019, 09:27:26 AM
 #94

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.
Ucy
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September 06, 2019, 08:26:34 PM
 #95

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.
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September 06, 2019, 08:35:54 PM
Last edit: September 07, 2019, 01:31:11 AM by mr_random
 #96

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.

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.
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.
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September 06, 2019, 09:44:33 PM
 #97

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.

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September 06, 2019, 10:57:36 PM
 #98

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?
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September 06, 2019, 11:02:08 PM
 #99

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.

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September 06, 2019, 11:19:19 PM
 #100

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.
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