Yes - we agree. The soft cap was set when the ETH price was around $300! We will be looking to peg it to a US$ figure, especially with the volatility in the last 24 hours.
Information from the site: The soft cap is set at 20,000 ETH and hard cap at 100,000 ETH. Once the soft cap is hit, the ICO will be considered successful. Additional funds will be utilized to expedite expansion into other regions such as applying for securities licenses in other countries, setting up new offices, recruiting more experts and building loan book.
20,000 ETH as a softcap is very ambitious,
especially when the ETH price is skyrocketing and there are many promising ICOs undergoing.
Of course, I hope it can be achieved.
Hi! How much funding do you need to consider the ICO a success?
Information from the site: The soft cap is set at 20,000 ETH and hard cap at 100,000 ETH. Once the soft cap is hit, the ICO will be considered successful. Additional funds will be utilized to expedite expansion into other regions such as applying for securities licenses in other countries, setting up new offices, recruiting more experts and building loan book.
20,000 ETH as a softcap is very ambitious,
especially when the ETH price is skyrocketing and there are many promising ICOs undergoing.
Of course, I hope it can be achieved.
Glad to know that.
It is important to make a reasonable cap, which will end up raising more fund actually.
