DYCOs https://daomaker.com/dyco sound like they came here to moralize the crypto world. It sounds good to invest in a company that will keep as a collateral the good old fiat collected by the token sale to back his new crypto! In a sense is a way to show the good will of the originator of the token, because he is offering a way out for the investors. In another sense it is a form of weakness: the issuer of the token seems to be not really so sure about his own project and is asking investors to try and see...

Anyway, the issuer is not going to refund 100% of the investment, in the market we see offering about a refund around 70-80% of the investment. Of course the effort is to convince investors to hodl and not to sell.

At the end of the day, only the best projects will make money for the investor, and while FCA in the UK is banning financial instruments with crypto underlying for retail investors, BTC is at 17,000 USD, up around 10,000 USD for year 2020!

Investing prohibitions is like trying to stop the wind by your fingers! Is there more quality, safety and intrinsic value in betting on horse racings than in BTC and ETH? Well, betting is absolutely legit in the UK, also for private investors that know nothing about the risk of loss!

DYCO is a good starting point, but only if the project is a good one. Assuming that investors are dummies, is only a way to reduce their possibility of making money in something like cryptos that, while fiat carries negative yields, can offer returns through speculation and staking.