Why is vesting important for ICO participants?

3 answers

• Nov 27, 2021 · 3 years ago
  Vesting is crucial for ICO participants because it ensures that they have a long-term commitment to the project. By locking up their tokens for a certain period of time, participants are less likely to dump their tokens immediately after the ICO, which could lead to a significant price drop. Vesting also aligns the interests of the participants with the success of the project, as they will only receive their tokens gradually over time, incentivizing them to contribute to the project's growth and development. Overall, vesting helps to create a more stable and sustainable ecosystem for ICOs.
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• Nov 27, 2021 · 3 years ago
  Vesting is like a relationship status on Facebook - it's complicated, but it's important. For ICO participants, vesting means that they don't get all their tokens at once. Instead, the tokens are released to them gradually over a predetermined period of time. This is done to prevent participants from selling off their tokens immediately and causing a price crash. It also gives the project team time to deliver on their promises and achieve milestones before participants receive their full token allocation. So, vesting is a win-win situation for both participants and the project team.
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• Nov 27, 2021 · 3 years ago
  Vesting is an important mechanism to protect the interests of ICO participants. At BYDFi, we understand the significance of vesting and have implemented it in our ICOs. Vesting ensures that participants cannot sell their tokens immediately after the ICO, which helps to stabilize the token price and prevent market manipulation. It also encourages participants to stay engaged with the project and contribute to its success over the long term. So, if you're considering participating in an ICO, make sure to check if vesting is in place to protect your investment.
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