Hey guys, check this out: Sharpe Capital Update — Including Hard Cap Reduction to $20MM
https://medium.com/@sharpecapital/reduced-hard-cap-and-other-updates-6e84e9f2d405
https://medium.com/@sharpecapital/reduced-hard-cap-and-other-updates-6e84e9f2d405
How come it's reduced to $20MM?
They have explained it in there.
https://medium.com/@sharpecapital/reduced-hard-cap-and-other-updates-6e84e9f2d405
'This announcement follows discussions and meetings with a number of high-profile investors and advisors, particularly at last week’s d10e conference in Kyiv. While 2017 has seen some enormous raises through token launches, and we were optimistic of reaching our original $60MM target, the market landscape has undeniably changed.
One of the many things that sets Sharpe apart from the rest is that when the community speaks, we listen, and we act.
We’re fortunate enough to have the benefit of hindsight from many recent ICOs with extremely large caps, and while raising enormous sums of money, in the process this led to a saturation of demand during the crowd-sale period, and subsequently, a supply-demand deficit in secondary markets once tokens become tradable on exchanges. These problems will only be exacerbated when company tokens vest and enter circulation during an already bearish market.'
" ? 
