Its more than 4 million usd by current ETH price. Its good results I think...
Their hard cap 36 millions.. But I cant find soft cap? Which soft cap?
I'm reading their whitepaper but I don't see there softcap and this one should be discuss by the dev since many people want to know more about it.
I have participated many icos and watched more of it. In my opinion, there is not an ico would cancel after 4m $ funds. Even icos says their soft cap is higher at the end, if they got some million dollars, they just reduce it.
So I am not worried about the soft cap. And I am almost sure that some soma representative will tell that we already hit the soft cap which was x million USD.
In the whitepaper I have read that for every 1,500 ETH they expand to a new region. I suppose that 1,500 ETH is the soft cap. With $4 million they have already enough for almost 9 regions.
I'd like to come back to that point. Can anyone explain to me what exactly is meant with that? Is a region the same as a country or is it more like North America, SEA, CIS etc.?