Curated list of ICO approaches
  • Introduction
  • 1 - ICO Features to consider
    • Multiround
    • Forecasting
    • Volume Discount
    • Disable Transfers
    • Roadmap dependent on token sale proceeds
  • 2 - ICO Approaches
    • Dutch Auction approach
    • Interactive Coin Offering approach
    • Variable Token Vesting approach
    • Discounted Refunds approach
    • Proportional Token Allocation aka Proportional Refund approach
    • Continuous Token Model aka Safe Token aka NoICO approach
    • Inflation Funding approach
    • Curated List approach
    • DAICO approach
    • Bonded Token Presale approach
    • Microrounded Auction approach
  • 3 - Experimental ICO Approaches
    • Initial Free Offering
    • Initial Bounty Offering
  • 4 - Unclassified
    • Reverse ICO
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  1. 3 - Experimental ICO Approaches

Initial Free Offering

This approach is highly experimental.

“Tokens sold during an Initial Coin Offering (ICO) are usually backed by a service which pretends to guarantee that the token will increase its value. Against this claim, many recent ICOs have demonstrated that the declared value of a token is irrelevant for the market.

Having seen this, the thesis that 0xNIL wants to verify is:

Token's prices are arbitrary and depend on a perception of their value which has little to do with their declared value.

During the Initial Free Offering (IFO), those who send 0 ether to the contract address will receive some amount of NIL in exchange. To obtain more NIL, just send 0 ether again, and so on until the per-wallet limit is reached. This is an experiment and nobody can know if the NIL will be eventually traded. But if yes, any future earning will be a 100% gain.”

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Last updated 7 years ago