common-close-0
BYDFi
Trade wherever you are!

Can you explain the concept of pro rata in initial coin offerings (ICOs)?

avatarS MaluDec 24, 2021 · 3 years 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?

Can you explain the concept of pro rata in initial coin offerings (ICOs)?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    At 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.