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Topic: Hardcap ICO is no guarantee that the project will succeed - page 17. (Read 31492 times)

copper member
Activity: 476
Merit: 4
Hardcap doesn't guarantee the authenticity of a project but it still goes a long way in helping them the project attain its goal. Reaching a hardcap means the project won't be having any issues with the funds to list In a top
exchange and also to achieve its road map.
sr. member
Activity: 714
Merit: 251
Hardcap is simply the maximum amount of funds that can be collected to build a project. But that not withstanding, there are so many other underlying factors that can determine the success of a project and one is a "marketable working product".
full member
Activity: 546
Merit: 100
I think if a project is really serious about running a project on Blockchain even though the project doesn't get Hardcap when ICO tends to succeed, because people need concrete evidence such as prices not too far from ICO prices, because many projects currently get Hardcap but have value bad at the exchange market.
member
Activity: 458
Merit: 10
Yes, it doesn't guarantee the success of a project but at the same time it will surely have significant effect on the development of the project. For example, a project like EOS flourished because they have the financial capacity to fund the project.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
if there is an ICO that can really achieve hardcap then it shows that ICO is in demand by many investors, especially ICO who have high sales targets and although hardcap cannot be used as collateral but this can be used as a big trigger to make the project successful because the logic is when a project has large capital then at least the project does not have capital problems, only how can the team develop the project or not
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
I also became one of the people who agreed with that opinion, I always considered ICO not a determinant or guarantee that the project would succeed, so far I only consider ICO as an added value, as a supporter or as a condition for the success of a project because without ICO successful (at least softcap) then the project will not run or the project will be stopped
so the more successful the ICO, the greater the chance of the project to succeed
full member
Activity: 1093
Merit: 103
Hardcap reach isn't easy to rise funds for any altcoins in cryptocurrency in this year. People don't want to check ICOs this year, just checking for IEO much better from ICOs. Development should be strong to reach the success and update will be release on time to time.
full member
Activity: 826
Merit: 104
yes i have seen so many hard cap reached project failed to deliver any promised or anything from their roadmap.they take money and then left the crypto world and now chilling Smiley
copper member
Activity: 362
Merit: 1
Most of the ICO aimed to reach hardcap before they will undergo listing into differnt exchanges but only minmal projects reach this thing. And its not guarantee that they totally succeed after they reach the hardcap because they can't even reach their ICO  price after they had list into different exchanges site.
member
Activity: 309
Merit: 11
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?
that's right, because actually succeed is not about how much money is used to develop the project, 80% success is determined by the hard work and innovation of the development team, that's why hardcap ICO is no guarantee that the project will succeed, so we must really consider our decision to join the ICO, the project must have good long-term planning so that its sustainability is maintained.
member
Activity: 392
Merit: 12
MINTER
I agree with what do you say, but i think the hardcap of ICO can make the project development better than project that did not reach the hardcap, because more much money will be in for the operational development and long term planning for the future.
sr. member
Activity: 812
Merit: 256
There is a big problem some ICO shows wrong numbers i mean they lie to investors live they have raised big money to get more but then afther end of ICO  cant make any product as there are no money so projects like Moozicore will have much more success than others say they raised 5-6 mln.
member
Activity: 536
Merit: 15
I personally think the success of a project to a great extent depends on the effort and expertise of the team and not whether the hardcap was raised or not. I have seen projects that raised there hardcap but still failed to deliver and also projects that were not able to raise their softcap but still did very well. so the hardcap is not a yardstick for success of the project but the ability of the team to create demand for the project token and also meet the milestones on their roadmap on time.
full member
Activity: 1008
Merit: 101
of the 10 ico that reach hardcap only 2 will have good prices when the list is on the market because most of the ico don't use funds seriously, only SOON news announced by the team at the telegram makes prices fall further
full member
Activity: 714
Merit: 101
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?

Developers of new projects going to ICO generally do not provide any guarantees for people carrying money to their projects. This is primarily due to the lack of legislation concerning ICO. There were several cases when the project collected Hard Kap and deceived its investors without having fulfilled the assigned tasks.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I agree with this view. Hara project can be given as an example. It made a hard cap by taking $ 30 million investment in just 4 hours. But the project is still stable and counting.
First of all an ICO is not going to achieve its full hard cap until it convinces the investors as why should they put in money in the ICO. We have had some bad days with ICO and that has been enough to alarm investors of the fact that a blind investment could be painful. SO if ICO with weak project cannot raise the full hard cap, how come people consider it s guarantee for success of the project?
sr. member
Activity: 1078
Merit: 256
Cryptocurrency investing is a high-risk event. No matter how good the product / idea of the project is, no matter how experienced and well-known the team and advisers are, no matter how real or transcendental hardcap would be - nothing gives any guarantees of a successful result.
Exactly, there's  no sure thing unless the developers are really keen to succeed, even those who so called project who reached the target funds to implement the progress of their tokens have no assurance that they've be able to deliver, it's needed to wait if what fate will bring them and how they
will provide good things to their investors.
sr. member
Activity: 1036
Merit: 250
Cryptocurrency investing is a high-risk event. No matter how good the product / idea of the project is, no matter how experienced and well-known the team and advisers are, no matter how real or transcendental hardcap would be - nothing gives any guarantees of a successful result.
copper member
Activity: 462
Merit: 10
Well I must say you are right, and that is yet another problem which we face in crypto that is yet to be addressed. Many projects that has raised huge funds turn out to be trash while projects with good value can't raise enough funds.
jr. member
Activity: 308
Merit: 1
This has been well proven that irrespective of the amount raised from a project does not determine its success. I have seen many projects in this form and I totally agree with you
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