There’s been a lot of discussion about Vitalik Buterin’s DAICO concept.

Before he presented the idea publicly in January, Neureal had already implemented several of the Best Practices he suggests, among them, the requirement of community vote to release funds based on milestones, much in the way of current startup incubators.

Neureal has instituted several decisions to postpone its token generation event in order to implement Best Practices based on industry-wide issues. One of which was the removal of the soft and hard caps in order to prevent whales from dominating the token sale, as was seen in Decentraland’s 35-second, $24MM raise that left a majority of the community unable to purchase tokens in the sale. Theirs wasn’t the first occurrence, nor the last. What bothered the team at Neureal was that no one seemed to be making adjustments to counterbalance what was happening in the token sales.

But the decision to pull the Neureal cap presented the problem of selling a vast amount of pre-release software access and the resulting deluge of a large stream of working capital without a way for the community to weigh in on the project’s ability to reach its internal milestones.

To account for this, Neureal implemented a strategy to engage smart contracts and voting to reward the project for successfully accomplishing milestones, thus keeping the majority of the funds received during the token generation event locked up.

Bonus. By keeping the funds frozen, they can continue to appreciate based on an increasing value of ETH, as seen in their CEO’s recently published dataset showing the current value of ETH for 2017 ICOs.

This forward-thinking, community-driven philosophy is what continues to showcase Neureal as an emerging leader in the blockchain space. Coupled with their AI + Blockchain project, this startup is continuing to show why it will be one of the 2% who will still be around long after their token generation event.

[content pulled from an upcoming Press Release]