I am thinking about somewhere around 50 million but it is just an educated guess. So it makes 1/3 of the total amount which is 150 million.
It would surely help to have some update form Envion Team on the status right now. The amount raised on the website goes up-and-down for a few days now. I understand it's because of ETH fluctuation, but still, some hard facts would be useful.
I am observing the ICO closely for some time and hesitating whether to invest or not. And when the raised amount is almost the same for several days now, doesn't look optimistic... What happens if Envion doesn't reach the hard cap?
Not if they reach hard cap? Nothing happens.
For projects, the most important thing is soft cap and they multiplied it by a lot. The hard cap is just the highest limit they can gather nothing more.
So, you are saying that basically, the ICO is already successful and it might as well end at this level? No matter what happens in next weeks?
Exactly. It is more than successful. They can produce the first 100-200 MMUs in Spring'18. No matter what happens they can already realize the 161% ROI. If the upcoming proposed deals will be signed we don't to worry at for the next years
Thank you for answering. That's more than enough I wanted to hear for Christmas and the New Year!