X @wale.moca 🐳

Seedify introduced their ICO model "Initial Milestone Offering" today.TLDR: Projects get initial funding (20%), the remaining funds are split into 4 equal tranches which unlock when certain milestones are met.Interesting model, as it aligns incentives between projects and ICO participants more.A key problem of the ICO run in Q4 has been that there is no real alignment once projects successfully raised funds. This concept could be part of a solution and effectively stop rugs from happening.Happy to partner w ...