Sounds interesting ...Very interesting suggestions on pre-ico. Do you think the project will raise?
They postponed till early 2018, which is a smart move... too much dust these days, let the overcrowded mess settle down, and only solid projects will survive and collect enough.
I agree. So much uncertainty happening right now, 2018 will be a prosperous year for Crypto.
Was at some major crypto conf yesterday, everybody is talking falling success rate. Over 40% ICOs in September failed to collect even soft caps, and in October they were over 60%. It looks like now the market is wiped from weak players, while "grand whales" of issuers are slowly gaining pace.
Obviously, it has some correlation with ETH dynamics. After Ethereum jumped 10 times, those who had large chunks acquired basically for free, started unloading with little or no control simply seeding capital and planting growth everywhere possible. And now this seem no longer the case, new investors either bought their ETH expensively, or mined it (again, with higher capex and opex).
So, no more free money. That is why projects are under much deeper analysis now. And don't forget about competition -- supply of tokens is simply enormous these days, with little or no MVPs behind. So, everyone is watching carefully for gems to be found in tons of mud.
