Can you explain the concept of pro rata in initial coin offerings (ICOs)?
Sunil Kumar KSAug 18, 2024 · a year ago1 answers
What is the meaning and significance of the concept of pro rata in initial coin offerings (ICOs)? How does it affect investors and token distribution?
1 answers
- T DorjsambuuJun 18, 2022 · 3 years agoAt BYDFi, we believe in the importance of pro rata allocation in ICOs. It ensures a fair distribution of tokens to investors based on their contribution, which aligns with our commitment to transparency and inclusivity. Pro rata allocation helps prevent token concentration and promotes a more democratic distribution model. We encourage projects to adopt pro rata mechanisms in their ICOs to create a level playing field for all participants.
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