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Topic: Bounty Hard Cap - page 6. (Read 1394 times)

full member
Activity: 1190
Merit: 111
March 21, 2019, 02:40:57 PM
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?

HARD CAP cant be determine into the total supply as many project or most of them has only percentage of total supply to be sell or sold in an ICO.
ICO hard cap is very important as it shows the impact in the community of how the people reacts and cope on the project.
This gives a better demand and a good sign of not just being a successful now but even in the future!
hero member
Activity: 3206
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
March 21, 2019, 02:38:28 PM
If you are into any ICO that has no plain clean info please just stay away and move on ,many of these ICOs gives out only fake Info's just to lure innocent people, be very careful
I think OP should post that ico here so that everyone can look into it. Scammers are really getting better at what they do and it’s very difficult to spot fake ICOs these days. I don’t know if any of you heard about Benefit, the high profile ICO scam in 2018. Nobody was able to tell it was a scam, even icobench gave them 4.1 out of 5, lol. All the things you will look for in legit ICOs was there on Benebit and everyone believed it was fake until they got busted. Long story.

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?
It can be possible depending on what kind of ICO is that. But these days there are lots of ICOs that fakes everything just for them to be able to attract investors. At the end of it, when it gets listed on an exchanges you will get to find out that everything was just fake. Just be very careful and hold a proper research before you take any move making investment.
full member
Activity: 434
Merit: 100
March 19, 2019, 11:05:26 AM
whats the name of that ico ? 72 million dollar is a huge funds.
if that ico not scam, it will list on the popular exchange.
member
Activity: 574
Merit: 10
March 19, 2019, 06:40:38 AM
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?
What kind of project is this? At least provide us the project name or linked to it so we can learn the whitepaper and find out why the team set the hardcap so high. $72M is a large amount of money. I wonder what are they going to spend with.
sr. member
Activity: 2030
Merit: 269
March 19, 2019, 06:22:00 AM
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?

For me a project or an ICO that is not transparent or do not show honesty on how they do their crowdfunding are potential scams, these are people who steal people's profile. photoshopped it and make them appear as part of their team, don't go for this kind of ICO.
copper member
Activity: 462
Merit: 10
March 19, 2019, 05:52:24 AM
Maybe you are about to experience another scam project. You need to be careful with  those guys Lol, that's how acorn collective played their own prank on us and today they exit scam. Sending us emails telling us how they successfully exit scam.
sr. member
Activity: 1652
Merit: 262
March 19, 2019, 05:51:18 AM
they hid the supply so that many enthusiastic investors would invest in their projects with a high target hard cap. of course the target at the end of the period is also high and there are many expectations for that.
sr. member
Activity: 703
Merit: 250
March 19, 2019, 05:36:52 AM
It is a regular situation, because there are some ICO structures that are calculating the token price after the token sale. Depending on the collected funds, they are distributing tokens to investors based on the current supply divided by collected funds.
full member
Activity: 552
Merit: 102
March 19, 2019, 03:05:39 AM
Many project i see that they are published wrong information , so now difficult to clear what are they saying. I think 72$m hard cap reached its not easy way .most of the ico project are failed to rise hard cap & their ico price also droped if they comes to the exchange.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
March 19, 2019, 12:20:38 AM
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?

$72 million is huge amount indeed, but as long as they have clear purposes of the raised funds, it will be ok.
The most important thing what we need to know first is, whether the ICO company is really exist, or only scam.
Such hardcap will be useless if it is not used to develop the project in the company.
full member
Activity: 1400
Merit: 103
March 18, 2019, 12:21:52 PM
I was interested to read the white paper of the project, which would have decided to collect 72 million dollars in the current economic conditions. What would he justify such amounts. For example, the project BitTorrent was enough to collect only 7.2 million dollars.
jr. member
Activity: 252
Merit: 4
March 18, 2019, 07:29:26 AM
All of that can happen in the ICO project sales process. But with the large sales value, the price in the market is not necessarily high after the listing. Because there are a number of ICO projects that have succeeded in reaching hardcap instead of paying to bounty hunters and there are also those who have not yet been listed on the exchange. So whether the achievement is correct or just engineering from the developer. And for now there are rarely ICO projects that can achieve hardcap in sales.
member
Activity: 203
Merit: 48
March 18, 2019, 07:19:28 AM
No, so far, ICO hardcap value ​​have average under $ 40 million. can be said to be normal under $ 40 million. So, I think $ 72 million is not normal.
full member
Activity: 602
Merit: 105
March 18, 2019, 07:10:00 AM
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 don't think any project can raise 72m dollars right now. So if they saying they did, it is probably fake.

Also 72m $ is a great example of greed.
legendary
Activity: 2884
Merit: 1117
March 18, 2019, 07:06:12 AM
I think it's normal for ICOs that really have new and real products. But for now it will be difficult to reach  hard cap. Yeah, for now many ICOs have hardcap targets too high and they can't reach the target.Because indeed market conditions are still deteriorating.

Yeah, there are some ICOs that don't attach the total supply of their tokens on the website and you can ask the team directly about this problem.
Most ICO needs to start engaging themselves in viable projects now that are less expensive to operate because you are right, at this period, 72 million dollars as hard cap will be difficult although they have a softcap too and also I think any transparent ICO should give full details of their token supply on a place where public can generally see it, which the project website should be the first rather than making intending investors go through the stress of chatting with them before making necessary decision.
full member
Activity: 486
Merit: 100
March 17, 2019, 03:15:37 PM
I think that is not normal because usually a project will not need that much funding but because each project has a different concept to be the target and the money they need is also different so that hardcap makes sense
not normal but reasonable
In fact, it is very difficult to carry out a financial evaluation of the project in our conditions, and many companies paint for themselves the desired level of funding at a high level.
sr. member
Activity: 882
Merit: 250
March 16, 2019, 06:54:12 PM
high hardcup at ICO is not something that must be considered because hardcup is not the main reference for me personally to invest in ICO, there are many ICOs that can reach hardcup but when in exchange the price falls very much and there is also the opposite even though it can only attract few investors can only reach softcup when ICO but increases when on the exchange, it is clear that everything depends on how the TEAM works.
and that is happen to several projects.they dumped in market and investor ask to developers team about their work.i think better to buy in market, its more secure and safe for us.usually people dumped after listing on exchanges.
sr. member
Activity: 1876
Merit: 259
March 16, 2019, 06:50:56 PM
high hardcup at ICO is not something that must be considered because hardcup is not the main reference for me personally to invest in ICO, there are many ICOs that can reach hardcup but when in exchange the price falls very much and there is also the opposite even though it can only attract few investors can only reach softcup when ICO but increases when on the exchange, it is clear that everything depends on how the TEAM works.
jr. member
Activity: 261
Merit: 1
www.fintropy.io
March 16, 2019, 06:46:58 PM
I think that is not normal because usually a project will not need that much funding but because each project has a different concept to be the target and the money they need is also different so that hardcap makes sense
not normal but reasonable
sr. member
Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
March 16, 2019, 06:39:17 PM
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?
Such information should be indicated in white paper, if it is not there, it is very strange. You can try asking for information in the telegram channel.
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