Hardcap ICO is no guarantee that the project will succeed

akungagal

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Quote from: dimox on July 23, 2019, 06:24:12 PM

thats right. reach hardcap not guarantee the project will success or the project still grow for some time. but hunter like if they reach it for some reason. it have high percentage to pay your hardwork and it have high salary.
what make they grow is team, how they bring and show their product to still evolve. and it doesnt matter if it reach soft or hardcap.

i also think like that, what is important is how the development team brought the project to success and many people were interested in buying their tokens.
but it all starts from the project reaching soft or hardcap after that depends on how the development team works to continue to advance the project and keep all their promises.

dimox

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thats right. reach hardcap not guarantee the project will success or the project still grow for some time. but hunter like if they reach it for some reason. it have high percentage to pay your hardwork and it have high salary.
what make they grow is team, how they bring and show their product to still evolve. and it doesnt matter if it reach soft or hardcap.

Chicky213

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Most times the team get carried away with funds appropriation. What determines a projects success is the dedication and team work displayed by the project team members and community.

You are right, achieving hardcap doesn't really guarantee success if the Team is not upto the task. Team members should be dedicated and focused with the project.

yazher

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They may not guarantee success but the best ICO out there that reached their Hardcap, become so much popular that even now they still alive. but if there is no development from the team, there will be no guaranteed success as you said. The successful project came only from an enthusiast team.

alexforneus

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Quote from: olamidey on May 06, 2019, 03:32:16 AM

ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?

Even IEO s no guarantee that the project will succeed. But at least chance of it are bigger.
Dev team is a main thing, not a hardcap

aioc

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Quote from: olamidey on May 06, 2019, 03:32:16 AM

ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?

If they are limited in concept and do not have clear references, then how is it possible that they are going to reach hard cap, investors are wiser now, they will not invest on an ICO that lacks concept and references when there are a lot of ICO to choose from.

PaoAj

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Quote from: olamidey on May 06, 2019, 03:32:16 AM

ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?

This is so true and thanks for pointing it out. People/investors nowadays can easily get starstruck with a project that possibly has a big team member but at the same time, not understanding what the project is all about and if their roadmap is achievable or not. One of the awesome things I read recently was this project that distributed complicated hardware that is designed to benefit companies using blockchain, for free. I love startups that are aiming to take blockchain to the next level and get adoption rising. Someone reaching their hardcap/softcap is indeed a good sign but like what others are saying, DYOR.

funcryptoco

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No any relationship between reach hardcap and successful projects.
There are many factors should be consider when any one plan to invest.

akeda

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As I have experienced in following the ICO project. That the ICO that has reached a hard cap does not guarantee that the project will succeed. We can understand the objectives of the ICO project and learn about teamwork. So we can make good decisions to join the ICO project. I am more interested in the project with a good concept in the future.

motun01

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Hardcaps are not the sole determinant of a successful cryptocurrency project As the project team itself can take things out asserting that they accomplished the hardcap however in reality there's no assets that has been gathered, the group needed to trap potential investors subsequent to achieving the exchange, giving them to accept that the group a chance to have enough assets to proceed with the procedure yet in the hands the group will runaway in the wake of gathering more cash from the exchange, be watchful with your invested funds.

adekogbe

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Great token metrics is nit a guarantee for success it blockchain projects. This has been proven many times over and over again. Some projects have chosen low hardcaps because they think it will allow easy multiplications in term or ROI but that is not the case.
In more cases a bad project will dump irrespective of how high or low the hardcap is

farraddy

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Hardcap was a good indicator in 2017 and not in all cases. Now the popularity of ICO has fallen significantly and new projects need to jump above their heads to bring profit to investors.

ancafe

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Quote from: BitcoinPanther on July 21, 2019, 11:32:00 PM

Yeah you are right. Hardcap is not a guarantee that a project will succeed. It is the willpower and capability of the project team to push through with the project. That is the reason why the team behind the project is so important and I consider that when I am supporting a certain campaign or a project

but the hardcap symbolizes that the team has enough funds to run the project to the fullest, so, if they are truly professional, it will work well. however, it is returned to the team, because as much as any hardcap is achieved, it will not be successful if the team cannot use the funds optimally to develop the project they are making.

BitcoinPanther

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Yeah you are right. Hardcap is not a guarantee that a project will succeed. It is the willpower and capability of the project team to push through with the project. That is the reason why the team behind the project is so important and I consider that when I am supporting a certain campaign or a project

tondenga2122

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Quote from: olamidey on May 06, 2019, 03:32:16 AM

ICO is not a guarantee that the project will be successful because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?

Hmm... Your opinion is right. I have been doing a bounty on the 2 projects that have reached their Hardcap on their ICO (Such as Envion and etc.)
But unfortunately, the project doesn't run well. Maybe the project that doesn't run ICO is doing their best to focus on their development such as BLUE.

Mia44

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yes, it's true that a project without an ICO is usually because the project developer has a lot of money so he doesn't need funds from the ICO and the developer wants investors to buy in the market that's why the project without ICO is better

Inosend

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You are correct, hard capped project is not a guarantee that project will be successful. Some projects don't have what it takes in terms of development or products to keep project going. I have seen many projects like this.

old fart

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I think hard cap just helps in liquidity, project funding and marketing. Hard cap isn't really a guarantee that the project will succeed, what makes project successful is the team and a working MVP.

robattfield

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Quote from: olamidey on May 06, 2019, 03:32:16 AM

ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?

agree with you on projects that do not sell ICOs are mostly good projects and high success rates. And project does not need to run bounty as well. Because these projects have big enough communities, they don't need it anymore.
The hardcap of ICO only speaks to the project team's ambition, but for the project to succeed, it depends on the soft cap. At least the project must reach soft cap to be able to afford development.

bitkanu

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Quote from: timmmers on July 20, 2019, 10:04:35 AM

I do not like ICOs that collect hard cap. Because all investors that are interested in the project invested already and after an exchange listing noone is buying tokens = huge dump.

if the project is good and their ICO sales are limited. maybe more people will be interested in waiting for coins when they are listed on the market. I also sometimes wait for such moments.

Most of IEO right now are having such limited amount of token while demand is high, that's why everytime they got listed they tend to skyrocket even though the initial price is already profiting. Hardcap with ridiculous amount of money in my opinion will only bring disaster simply because they demand more money than what they deserve most of the time.

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