How do ICOs handle multi-stage funding rounds?
ICOs often use private, pre-sale, and public sale stages, each with specific token prices, limits, and timelines. Smart contracts automate allocation and enforce rules for each stage. Early-stage investors may receive bonuses or priority allocations, while public sales ensure broader access. Automated handling reduces errors, enforces fairness, and ensures smooth execution across funding rounds, providing predictable outcomes for both the project and participants.
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