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Continuous Token Model aka Safe Token aka NoICO approach (Bitcoin, etc)

https://medium.com/@simondlr/continuous-token-curated-registries-the-infinity-of-lists-69024c9eb70d

“With continuous token models, tokens are minted as needed, and used within the protocol or application when required. There is no “ICO”, “Token Generation Event” or “Token Launch”. The network/dapp forms around the need of the token and dissolves naturally if it is not useful anymore.”

https://media.consensys.net/exploring-continuous-token-models-towards-a-million-networks-of-value-fff153175776

“The idea is that instead of pre-selling tokens during a launch phase, the tokens are minted as needed through various means. The tokens are then dispensed for services rendered in the network.”