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Topic: Bounty Hard Cap - page 13. (Read 1363 times)

jr. member
Activity: 406
Merit: 1
March 12, 2019, 11:01:39 PM
#30
Hard hats are too high, so this will make you work harder, and this challenge seems difficult with current market conditions. If you really have a real product it will not be as easy as you can definitely still go through a long process. Make a discussion with the team, whether to reach the soft hat if it's too high.
jr. member
Activity: 490
Merit: 2
March 12, 2019, 08:49:22 PM
#29
it's just a kind of high target the team wants to achieve in order to get more funds from investors.
member
Activity: 1302
Merit: 25
March 12, 2019, 02:06:13 PM
#28
It could be normal because it isca target but whether it is realistic is another thing totally. It is figure computed together with the supply. You can make more research to know the supply if you are suspecting unrealistic figure and goals before you buy.
legendary
Activity: 2982
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 12, 2019, 01:56:38 PM
#27
Price per coin, soft cap and hard cap together with their date and all the roadmaps and other details are usually written in their website and they are usually giving updates in social medias on how much they've sold already from time to time. The hard cap must be  proportioned to the project they are developing, if you see it unrealistic or too good to be true then they are just making a big claim with out any basis on it or nothing to show, maybe just to attract more investors.
full member
Activity: 560
Merit: 121
March 12, 2019, 01:50:09 PM
#26
Usually all the details are written in their whitepaper and in their official website so investors can be able to freely calculate but there are ICOs that claim to have a private sales and I don't like it because it is private it makes people feel they don't have the right to know the current sale status and indeed no one asks because they are keeping it private. I feel that there is anomaly happening behind this private issue. Suddenly they will post an update that it was a successful ICO or sold out ICO. They will promise the moon and the stars so they can get investors.  Grin
hero member
Activity: 1218
Merit: 534
March 12, 2019, 01:30:48 PM
#25
72 million sounds like a lot but other projects have been able to raise billions of dollars.  I consider EOS to be a centralized piece of garbage but they were able to raise billions for their token which doesn't even serve a real need for crypto users.
hero member
Activity: 2632
Merit: 833
March 12, 2019, 12:17:16 PM
#24
This is very weird, why they seems to set a hard cap that is not reasonable at this market conditions right now? I'm sure majority of you will agree to me that the amount being set is exorbitant. I guess it will really hurt them more and investors will just shun away from this project because of those hard cap goal.

Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?

I think they just wanted to send signals to investors that they're expecting something big on their project that's why they targeted a huge hard cap. But for crypto enthusiast, we all know that it's a difficult target specially in this current market conditions. Of course total supply is also need to be put in place, if there nothing you can find in their website then you have to think twice about this project, just saying.

Then they're giving us a wrong signal. Even the most successful projects in 2018 hasn't reached $70 m market cap as far as I know.

hero member
Activity: 2660
Merit: 551
March 12, 2019, 11:57:19 AM
#23
Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?

I think they just wanted to send signals to investors that they're expecting something big on their project that's why they targeted a huge hard cap. But for crypto enthusiast, we all know that it's a difficult target specially in this current market conditions. Of course total supply is also need to be put in place, if there nothing you can find in their website then you have to think twice about this project, just saying.
sr. member
Activity: 980
Merit: 252
March 12, 2019, 11:49:31 AM
#22
Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
Of course to make a quality comment will help you with the information that you can specify about the project.If you are not interested in a specific project and the situation in General with ICO which have a large hard cap then everything is not so clear.You need to analyze a lot of information to make a conclusion about the project. But if the amount of fees is indicated but the price of the coin is not indicated, then most likely this project is an absolute scammers.
full member
Activity: 2100
Merit: 174
March 12, 2019, 11:46:11 AM
#21
Hard caps vary differently for each ICO because they have set of goals to be achieved that corresponds to a certain amount of fund collected. So the correct question would be "is this kind of hard cap reasonable?" not "is it normal to have this hard cap?". Anyway, it seems to me that that project is unreasonable to set that high of a hard cap. For comparison, Electroneum has a very good concept and fairly popular but its hardcap is just around $30M.
legendary
Activity: 1218
Merit: 1000
March 12, 2019, 11:28:40 AM
#20
I want to know which ICO project has that high hardcap? Honestly, I just found out that there are ICO that have such a high hardcap, which is a total of 72 million dollars. I think the developer is too high in making hardcap, because until now no ICO has sold up to 72 million dollars. The ICO has so few interested people that I don't think it will reach that hardcap. But actually it's the right of the ICO project developer because it doesn't matter to me if hardcap isn't fulfilled.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
March 12, 2019, 11:25:39 AM
#19
That is the beginning of fraud and scam having a hardcap only give the the chance to have an excuse at the end of the day to run away with investors money, and most of the ICO this day upload fake informations about their total supply and even the mile they have covered all in the quest to lior investors.
Nowadays majority of the scam projects are comes in the market. But we must properly analyse the right platform because new technology is the right direction for future journey so we can find the project goals and future implementation. I never Suggest to participate in bounty because it was our own risk.
full member
Activity: 980
Merit: 114
March 12, 2019, 10:07:58 AM
#18
That is the beginning of fraud and scam having a hardcap only give the the chance to have an excuse at the end of the day to run away with investors money, and most of the ICO this day upload fake informations about their total supply and even the mile they have covered all in the quest to lior investors.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
March 12, 2019, 09:23:21 AM
#17
Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?

Hardcap is just an indication that it would be the maximum sales they need to whether stop the sale and continue to the next process on their project.
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
March 12, 2019, 08:37:27 AM
#16
I have a project they raised more than 50M $, and the price on 2$. After the exchange the price already down more than 90% i have around 300-400 if we calculation that the price will be 600-800$ but right now the token worth only under 5$
hard cap didnt guarante it will success in market too,moreover they have big discount for seed  and private sale contributors.and also big allocation on bounty campaign could make its price down alot.
sr. member
Activity: 1064
Merit: 389
Duelbits
March 12, 2019, 07:02:44 AM
#15
I have a project they raised more than 50M $, and the price on 2$. After the exchange the price already down more than 90% i have around 300-400 if we calculation that the price will be 600-800$ but right now the token worth only under 5$
legendary
Activity: 2170
Merit: 1789
March 12, 2019, 06:59:40 AM
#14
ICO metrics is way too difficult to judge. A good project that I know only raised around 4 million and that's enough for them to onboard new clients, develop the code, buy an office, even have enough money for 18 months (assuming there's no profit for them, which is almost impossible considering the quality of the team).

I think you can ask the team directly about this, but if their hard cap is so high while they don't have any existing product, it's very likely their token price would drop a lot.
full member
Activity: 434
Merit: 101
YouTuber, gambler, and scam-buster.
March 12, 2019, 06:37:13 AM
#13
There's a simple answer to inflated hard caps.

Most ICOs are scams.
Most people are greedy.

That's all there is to it. Just human nature, unfortunately.
member
Activity: 980
Merit: 62
March 12, 2019, 05:11:47 AM
#12
Every ICO has different standards and they calculate the money they need differently.
However, in this market condition, I find it very dumb to set a hard cap at 72 million. You will never catch up this amount of money even if your ICO lasts too long.
sr. member
Activity: 1176
Merit: 301
March 12, 2019, 04:50:41 AM
#11
Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
In an ICO website they always have the full details about their project,
From the developer up to their advisors and their coin price and the whole supply ,
They would also put up their plans .
So maybe you just missed something  try reading their whitepaper.
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