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Topic: Hardcap ICO is no guarantee that the project will succeed - page 9. (Read 31507 times)

member
Activity: 672
Merit: 14
The success of a project is not dependent on the fact that the ICO reached its hardcap. The success of a project depends on factors like the expertise of the team, the product of the project, the demand level of the product, good marketing strategy etc.
full member
Activity: 1176
Merit: 104
I totally agree with you OP whatever you have a great project, devs, concept and so forth it wont succeed if the market is not good and the project doesn't have a good marketing strategy to gain investors and good community. Have you seen shivom?thats the best example.
jr. member
Activity: 392
Merit: 1
☀️ Iskra Coin ☀️
They should continue to develop the project. Although the project was successful in reaching Hardcap. And after reaching Hardcap the project was experiencing a new challenge and teams had to work hard. I personally have experienced some successful projects reaching Hardcap, but the price after entering the exchange directly fell. We must be thorough in determining the ICO project.
hero member
Activity: 910
Merit: 503
I agree, reaching the hardcap doesn’t mean the project will succeed. Hardwork of the team is still required even after the hardcap. The team should keep working on everything they promised and they should follow the roadmap on time. Sadly many team behind the project don’t care about the success at all.
sr. member
Activity: 938
Merit: 250
i think, ico will success depend on team. they reach of hard cap if they have bad team, it ico will stay in one place. i like ico that until know still developed by their team, and the coin price is great.
in a past, hardcap be a sign for hunter that the ico will success and we can get much money
sr. member
Activity: 1988
Merit: 275
yes i agree with you.lots of project raised hard cap but never deliver any product and do not provide any update about project.i saw some project that didnt raised hard cap but doing pretty well Smiley

Those projects that failed after reaching hard cap might have no intentions of giving their deliverables in the first place. Those were created to fill the dev's pockets and they managed to gain the trust of their investors. That situation is really a disappointment to all of us. They know how to deceive their investors by overwhelming promises and great UI of their websites. It is better to invest in a genuine project that starts from small beginnings.
full member
Activity: 826
Merit: 104
yes i agree with you.lots of project raised hard cap but never deliver any product and do not provide any update about project.i saw some project that didnt raised hard cap but doing pretty well Smiley
full member
Activity: 952
Merit: 104
The of the project become succesful is depends of the devs and the team behind the project , even if the hardcap can reaxh it but the team not forcing it to become successful, the success of every project is came from the devs team.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
I often find many ico projects that are hardcap but do not have clarity of development to date. I think ico is already on the road must be abolished and replaced with an IEO that clearly gives success and does not harm many investors

You can also see that despite they hit the hard cap, they are still struggling to get the coin listed in a decent exchange and to maintain a good price.
The reason behind is already stated by yours, ICO was replaced by IEO already.
full member
Activity: 560
Merit: 100
Achieving hardcap is not a determinant that the ICO project was successful. The achievement of hard cap is only about ICO funding where the ICO should run well because there are no obstacles in terms of costs. All funding is minimally fulfilled and even reaches the upper limit. ICO funding is not a calculated problem here. If there is sufficient funding, but the project has not been successful, then there must be a follow-up evaluation step which can detect where the project error is.
jr. member
Activity: 546
Merit: 3
This is actually %100 true. Some projects even reached their hardcap faster than expected but on the long run they are no more. This happened a lot in 2017. Many of those projects that made waves in the crypto sphere and reached their hardcap are now dead. This is  not good report to hear because, millions of dollars were pumped into those projects.  I think things needs to change now!
member
Activity: 523
Merit: 11
I often find many ico projects that are hardcap but do not have clarity of development to date. I think ico is already on the road must be abolished and replaced with an IEO that clearly gives success and does not harm many investors
full member
Activity: 827
Merit: 100
there are a lot of ICO hardcaps which eventually SCAM and HARM many investors or even become junk coins. I have not thought of believing in the ICO hardcap. I believe in the IEO which is now clearly giving profit
full member
Activity: 854
Merit: 104
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?
Projects that need an ICO do not have their own funds or these funds are insufficient in volume. If the founders of the project have their money, or they are attracted privately, usually in such projects either a very good idea, or other positive qualities in comparison with the usual ICO projects. If private investors are investing heavily in this project, it means they are completely confident in the prospects of such a project. This explains that such projects are usually better than those that are launched through ICO.
Of course, the achievement of the project hardcap only means that investors believed this project. However, in the future, these collected funds may be spent efficiently or inefficiently.
full member
Activity: 1050
Merit: 108
I think we should think clearly about the Hardcap project, I found that among the teams manipulating sales until Hardcap was reached, of course the project would just disappear as it can be seen at this time. I myself did not stick to the Hardcap project but I looked more at the Team performance.
full member
Activity: 723
Merit: 106
STABILA [STB] - Decentralize The Financial System
hardcap is just a bonus for some project because the project really good, and make investor interested to investing their money on the project.
hardcap is not guarante the project are ended successfully, because many project with this condition are ended scamming investor money
member
Activity: 560
Merit: 16
I agree with you, but each person the concept of "success" may be different. For some people, success is to get into the top 100 of the Coinmarketcap, and for others, to get listed on several exchanges is also a "success" . By itself, the fact of collecting a hardcap simply demonstrates the interest of the market to this project, which certainly increases its starting value, but does not guarantee at all that the company will at least follow their roadmap.
member
Activity: 602
Merit: 10
Nowadays it is very difficult to see hardcap in ICO, because many projects are very bad, and there are not many investors left there
even before 2017, all new projects in one way or another collected a lot of money from investors and many collected hardcap during the company ico.  but today all these companies in the cryptocurrency market are also at the bottom.  And if we speak about the current state of the market of ico companies, then even 10% of the desired amount are few people collecting investments.
member
Activity: 426
Merit: 10
Nowadays it is very difficult to see hardcap in ICO, because many projects are very bad, and there are not many investors left there
copper member
Activity: 308
Merit: 1
It is no guarantee absolutely, a perfect example is shivom that achieved its hardcap in less than four weeks, was surprised the token dumped so huge on listing, right now its price is more than 5x lower the ICO price.
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