A Dynamic Coin Offering (DYCO) is a fundraising method used by projects to issue their tokens while allowing flexibility in pricing and distribution. Unlike traditional Initial Coin Offerings (ICOs), where token prices are set in advance, DYCOs adjust based on demand and other market factors.In a DYCO, the offering period is often divided into stages. Early backers may purchase tokens at a lower price, while later participants pay more as demand increases. This mechanism aims to incentivize early investment while creating a dynamic pricing strategy that responds to market conditions.A unique feature of DYCOs is the option for investors to get a refund if they are dissatisfied with the project’s progress or its token value after a specified period. This aspect helps mitigate risks for investors, fostering trust and encouraging participation.Overall, DYCOs strive to create a more equitable and adaptable fundraising process, aligning incentives between project developers and investors.