This blog post outlines some critical problems of ICOs, and also provides tools and research data to hopefully help kickstart a wider use of the proposed multi-series token sale model. Please direct any questions or interest to contribute in defining a proper framework at firstname.lastname@example.org
With more and more token crowdsales taking place each day, the industry is starting to evaluate alternative token sale models opposed to the currently acclaimed single-stage ICO. The problem is not raising big numbers, but raising more than one can chew.
“Greed isn’t about getting lots of money, it’s about getting lots of money without working hard to show you’re capable of spending it wisely.” — Vitalik Buterin