very interesting, Cryptocean has 3 cap levels: lightcap: 3mio, softcap: 5mio, hardcap: 10mio
and as I'm seeing, there's a long pause between public-pre-ico and main-ico (15.6. - 1.9.). do you think that in the summer fewer people would participate in an ICO? Fall is sure to be a good time for a public sale
I think the staged approach is to prep for the next stage. You will need to spend considerable amount on marketing and to actually reach more people until you hit the hardcap. It is also easier for the team to raise the 10 mil in stages rather than a single sale. However in the whitepaper (page 30) it is mentioned that there are three stages to the sale: the private pre-ico which is done. public pre-ico and the main ico. where did you see the lightcap? maybe it is the private pre-ico