Hey, we intend to conduct an ICO on Stellar. We want the number of coins to remain open during the ICO. The price of 1 coin will increase every decade of distributed coins in the following way: 10 6 coins for $0.01 10 7 coins for $0.0125 10 8 coins for $0.015 10 9 coins for $0.0175 and so on The ICO is supposed to be time limited for a duration of about 3 months. In order to accomplish this we start to issue 10 6 coins and create an offer on Stellar for all of these coins using a distribution account at $0.01. At the same time we want to use Bifrost to be able to receive BTC/ETH. Once all 10 6 coins are sold we repeat the process using 10 7 coins at $0.0125 and so on. Are there any issues doing it like this? Are there any projects that did an ICO like this? If yes, were there any issues? Thanks!

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ICO using bifrost with multiple ICO phases/prices

rebekkaeckhart

Hey,

we intend to conduct an ICO on Stellar. We want the number of coins to remain open during the ICO.
The price of 1 coin will increase every decade of distributed coins in the following way:

10⁶ coins for $0.01
10⁷ coins for $0.0125
10⁸ coins for $0.015
10⁹ coins for $0.0175
and so on

The ICO is supposed to be time limited for a duration of about 3 months.
In order to accomplish this we start to issue 10⁶ coins and create an offer on Stellar for all of these coins using a distribution account at $0.01. At the same time we want to use Bifrost to be able to receive BTC/ETH.
Once all 10⁶ coins are sold we repeat the process using 10⁷ coins at $0.0125 and so on.

Are there any issues doing it like this?
Are there any projects that did an ICO like this? If yes, were there any issues?

Thanks!