DYCO (Dynamic Coin Offering)
Dynamic Coin Offering or DYCO is a newly developed crowdfunding model by DAO Maker that only uses utility tokens backed by USD for the first 16 months of their launch. This allows promoting accountability for all the project developers who are associated with crowdfunding.
Not the mention, the USD backing ensures some form of hedge against any downward price trend for the token. Along with targeting the primary market, DYCO has also launched its second iteration called DYCO v2 for the secondary market.
DYCO v2 facilitates a smart contract-based token distribution among investors. So in case the original buyer doesn’t way to stick for the long term, they can avail of a refund against their allocation prior to the project’s initial launch.
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