Interactive Coin Offering — A Protocol Explained
Rob Bent
5655

In the whitepaper you describe an inflation ramp:

Inflation ramp: Buyers who purchase tokens early receive a discounted price. The maximum bonus might be 20% (a typical amount for crowdsales today). The bonus decreases smoothly down to 10% at the beginning of the withdrawal lock, and then disappears to nothing by the end of the crowdsale.

I’m curious if you think that that is absolutely necessary for the token sale structure. Recently we have seen bizarre bonus structures like that of Salt Lending which gave up to a 98% discount, which we discus here:

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