Initial Bond Curve Offering (IBCO) is a fundraising method that allows projects to raise capital through token sales. It leverages a bond curve, which is a pricing mechanism that dictates how the price of tokens changes based on supply and demand.During an IBCO, tokens can be bought at a price influenced by the existing supply. As more tokens are purchased, the price increases according to the predefined curve. This mechanism ensures that early supporters can buy tokens at a lower price, while later investors pay more, reflecting the increased demand.The bond curve model encourages early investment and helps projects secure funding while providing a clear economic model for token distribution. It also offers transparency and minimizes the risks of price manipulation since the pricing is algorithmically determined. Overall, IBCOs aim to create a fair and dynamic method for projects to launch their tokens and engage their communities.