As you're well aware of , Initial Coin Offering (ICO) is a means of raising funds with the use of Cryptocurrency mostly for decentralized projects. Aside from being a great way to raise funds for cryptocurrency projects, ICO can also be an effective way to grow a community through the participation of Bounty Hunters. It will be of great benefit for the Deeponion ecosystem.
I said in one of my posts that one of the ways to continue keeping Onion on the rise and on the high side is to integrate an ICO system on the forum which basically will allow members raise funds for their startups hosted on the forum using Onion currency alone. For instance, a section of the forum will be designated for fund raising for Startups aka ICO where users will list their projects and amount of Onions needed to execute such projects. Investors will go through the list of ICOs, choose any project of their choice and invest the minimum amount of Onions required by the projects owners. When Investors buy loads of Onions for the ICOs, the overall value of Onion goes up. This will make the community more popular and self-sustaining as Bounty hunters will be attracted and also ensures the continuous growth of Onion cryptocurrency.
This system of crowd funding should be encourage on Deeponion Community. Forum needs to be sustainable especially at post-Airdrops period. ICOs on the forum must be funded with Onions. This am sure will add to the value of Onion if everyone is participating in Onion-funded projects.
