I'm checking how much funds will be raised tomorrow during the opening throughout the day. I hope funding is transparant and lively updated, to give indication if cap has been reached and what the market cap is, to determine roi.
If overfunded in the eyes of the investor regarding project progression, roi will be lower long term compared to other projects. On the contrary, low market cap is high returns on speculation short term and potentially damaging to project and team.
agreed I'll watch the contract as the hours draw near just to see if interest is there...it doesn't matter the project in the current market, if enough people are willing to throw money into it...that oddly enough is enough to float a token 5x in value. We're all valuing things (at least attempting to) logically, whereas new HUGE money coming into the cryptoscene over the next few years, who knows, will not be looking at 'is this token worth 3.50' they'll look and say oh they raised 50 million bucks or whatever in X days, and they'll think of how bitcoin and ether and dash and many others have gone for moon rides.
I think straight up fomo psychology is going to play, and might already BE playing, the biggest role in this strange bull market.
This only happens once or twice a lifetime...we might be looking at tulips here for 9/10 projects but it doesn't matter I'll trade tulips until I see sentiment getting weird.
(For those who don't understand the Tulip reference, just research Tulips and Dutch Golden Age...hope we're not looking at tulips here xD)