DYCO - Dynamic Coin Offering - a new token sale framework

artemtsygankov (48)in #ico • 5 years ago

DAO MAKER recently introduced its revolutionary new product - Dynamic Coin Offering (DYCO) - which can change the rules of the game in the ICO market.

A DYCO is a token sale framework in which utility tokens are USD-backed for up to 16 months. This by design generates a token model that is stable to the downside but has the freedom to move upwards.

A DYCO downwards movement is limited through guaranteed buybacks financed by 80% of the raised funds, the token retains the ability to move upwards through a speculative and utility value.

Speculative and utility value of a utility token are based on product success, demand in staking, revenue-based buybacks, product fees, token-based loyalty programs, etc.

Projects selling tokens under a DYCO framework guarantee to return 80% of the raised money back to DYCO participants through buybacks.

ICO/IEO Mcap = Speculative value + Utility value

DYCO Mcap = Speculative Value + Utility value + DYCO_funds * 0.8

DYCOs are for the few real builders as the refundable nature of the raise makes them compatible for only those few that aim to make something viable and lasting. At the same point, it allows long-term holders to retain their tokens at the benefit of supply being reduced by others.

An additional important factor of DYCOs is that, until the final refund date is reached, circulation consists of only refundable, money-backed tokens. Till the closure of the final refund period, teams are not able to dilute circulating supply with tokens issued to them, foundation, marketing, advisors, partners, etc.