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by jasonlaramburu 2981 days ago
Kickstarter campaigns follow a similar pattern to the ethereum graph shown in the article. It’s not because of a malicious user who wants to secretly own all the kickstarters. It’s because time-limited crowdfunding campaigns tend to attract the most donations at the beginning (when enthusiasm/press is high) and towards end of the campaign (when FOMO is high).

Also the author should really state in the article that the swarm graph is not cumulative.

2 comments

> towards end of the campaign (when FOMO is high).

I suspect there is also some degree of not wanting to back things that won't make it/wanting to back at around the time the money is taken.

I know the latter is a consideration for me at least.

Duly corrected.
Nice. I think your point comes across much more clearly now. The eth presale graph is much smoother than all the others.

Could the smoothness be partially explained by the fact that one could only use btc in the eth presale, whereas later token sales accepted eth and btc?

Thanks!

Possibly, I don't know. The point of the post really was to show that the pre-sale process was amenable to a more forensic/scientific analysis than anything else.