For funding the EHF Project, the following investment size at Pre-ICO and ICO, Round 1 is necessary:
Soft Cap – $ 2 000 000;
Hard Cap– $ 210 000 000.
Why is the difference between soft cap and hard cap 100 times? This is a big difference. By the way, in white paper you only have:
Table 5-1. Proposed Budget Items of the EHF Project 2018-2028 (based on Hard Cap at the Pre-ICO and ICO, Round 1).
Where is the table for Investment Plan for soft cap?
Soft Cap – $ 2 000 000;
Hard Cap– $ 210 000 000.
Why is the difference between soft cap and hard cap 100 times? This is a big difference. By the way, in white paper you only have:
Table 5-1. Proposed Budget Items of the EHF Project 2018-2028 (based on Hard Cap at the Pre-ICO and ICO, Round 1).
Where is the table for Investment Plan for soft cap?
Softcap usually indicates the minimum amount for project continuation. So I guess even if ICO will gather only $2 mil, the project will go on, the question is how fast...
I'd also want to see some numbers in case only softcap will be raised, but I think the number will be much higher. If I'm not mistaken, devs said that they are negotiating with private investors, and imo majority of investments here will come from private or institutional investors.
that's what I though. the softcap is the minimum amount for proof of interest. hard cap is the amount needed to develop the project fully.
That's a very interesting way of describing soft cap and hard cap.
Hard cap is amount to limit the funding to come in. Doesn't necessarily means amount needed . Amount needed are beyond the soft cap
