Big crypto projects are using Dutch Auctions for their token sale — here’s why

Over the last few years, ICOs — Initial Coin Offerings — have been arguably the most controversial topic in crypto. During the height of the last bull run in late 2017, virtually anyone with an idea could run an ICO and raise excessive amounts of capital with relative ease.

Throughout 2017, it was not uncommon to log on Facebook and have your feed littered with ads for the “next Bitcoin.”

Original source
https://hackernoon.com/big-crypto-projects-are-using-dutch-auctions-for-their-token-sale-heres-why-c28c0d47ad1d?source=rss----3a8144eabfe3---4

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