ERC20 token standard creator proposes a reversible ICO

Advertisement

Fabian Vogelsteller, the developer credited for formalizing the underlying code of most ICOs (the ERC-20 token standard), proposed a reversible ICO or RICO at Devcon4. A RICO would allow token investors to take back their allocated funds at any stage of the project, thus providing some protection for would-be investors. The RICO would use a special-purpose smart contract that would enable investors to send funds back to themselves. (Source: CoinDesk)


© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.