In the form of Decentralized Autonomous Initial Coin Offering (DAICOs) powered by @AragonProject's Fundraising app.
It's already here also with @meTokens.
And in one of my hated opinions, any kind of initial offerings in EXCHANGES (IEOs, Initial Dex Offerings, Initial UniSwap Offerings) aren't democratic and are unfair to new users.
IEOs are bad plus using KYC.
"Initial Dex Offerings" are also IEOs, but in a KYC-less decentralized version.
The thing isn't about KYC.
Exchange offerings are bad in both forms.
ICOs are good even with KYC.
It's buyers' fault to invest in scams.
Can SEC "protect" us from stablecoins like @MakerDAO's DAI?
Is SEC protecting users or their USD?