The ICO lasts until Q4? that is still a long time. But actually the time is well chosen. we all assume that the bulls will come back in the autumn. and in a bull market it is easier for the ICOs
Yes I thought this was a long time when I first saw this, however it ensures that Tachain ICO raise the necessary funds to continue with their project and complete development.
Exactly, I would rather have a project have a longer ICO time as long as they can hit the required minimum funds to allow the development they need within their roadmap
Yes as long as they drive up enough interest to last the entirety of the sale. I think Tachain will do well. Hoepfully they will not need to extend their token sale but like we said I would prefer the team has the right level of funding to carry out development properly.
It is long time ago that a project was sold out during the ICO. Most projects extend or move the ICO. Therefore a long ICO period is better. I suppose that the market grow and Tachain can reach their targets to continue the development.
Yes we are not really in that environment anymore where ICO’s sell out instantly or within a few days/weeks of launch. There were too many mediocre ICO’s at the start of the year that took a lot of investors money and haven’t provided the returns necessary for people to reinvest in other projects. Crypto investors like to HODL and sometimes this can work against other projects because a lot of people will not sell at a loss.