DYCO (Dynamic Coin Offering)

A new crowdfunding approach called DYCO (dynamic coin offering) was created by DAO Maker to encourage project creators to be accountable. It uses utility tokens that are backed by USD for the first 16 months of their lifecycle.

Notably, the USD backing enables DYCO investors to receive a return of their tokens in the event that the project fails to create a marketable product, allowing investors to claim their share. An investor might decide to return their allotted tokens and receive their money back, for instance, if they notice that the project developers have deviated from their original plan. The project’s worth is altered as a result of the token supply being decreased, which raises the value of each token, and the permanent removal of refunded tokens from circulation by burning.