Daox.org brings you a community-driven protocol to make ICOs worth investing in again. Fundraising DAOs play the role of advanced intermediaries between startups and their investors, protecting interests for both sides, and increasing the efficiency of the capital. Think of them as ICOs 2.0!
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- July 1—July 10 - 50%
- July 10—July 20 - 40%
- July 20—July 30 - 30%
- July 30—August 10 - 20%
In 2017, more than $6 billion was raised via an innovative fundraising approach — initial coin offering (ICO). This is incomparably more than in 2015 and 20 times higher than figures for the year 2016. The success and skyrocketing growth of this trend were since ICOs are the most convenient way of investing and raising funds nowadays.
However, its current implementation (as crowdfunding or in other forms) has many challenges, such as high investment risks; the complexity of tech; expensive legal support; inefficient marketing; lack of transparency; fraudulent activity; low success ratio; volatility of cryptocurrencies; unpopularity; and scams.
These and other problems are constraining factors for the vast amount of projects and investors that could participate in a new crypto-economy and significantly boost it.