Reliable ICOs

A reliable ICO process needs

• Governance to protect token buyers

• Tools and liability protection for deal sponsors

On successful closing, some staked assets and new tokens go into an AMM pool to provide liquidity for everyone. In a meme project, most assets go to the AMM or buyers, and no further governance is needed.

The remaining claimed assets and new tokens go to a multisig treasury. The treasury is initially controlled by signers from an arbitrator. The default arbitrator is the Sweepr Foundation. The arbitrator protects the token buyers and the deal sponsor.

• The arbitrator distributes tokens to buyers and the AMM pool

• The arbitrator can distribute tokens to founders with lockups

• The arbitrator can work with the sponsor to select and register a legal wrapper that provides liability protection and governance

• The arbitrator hands off control of the treasury