Topic: ICO collects $1.5million in 50 hours? - page 2. (Read 733 times)
This is fantastic. I have heard of some states wherein the project team will massively buy their ICO to HYIPing the project. Although am not concluding this project did same, it's just a general submission. Reviewing projects is very important.
I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
It's normal for me, do you even see an ICO can collect 5-20 million dollars in 1 minute? I saw some, there is an ICO that can raised that much only from presale. If the project is really good and so much hype, the ICO results can do that. So i'm not surprised with that $1.5m in 50 hours. What is wondered you? There were a lot of projects like Bancor, which collected over 100mln$ in less that 20 minutes... So it is very easy for project to collect 1,5 mln in 50 hours.
wouldn't say so it today's market.. a year ago sure, now? not really
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I don't think that's a success. I've seen icos collected 10+ million dollars in seconds. Yes. But yes that was in bull market.
However, 1.5 million isn't much for a company, for an ico, and 50 hours is a lot in crypto space. (Even if they gave guaranteed cap for 24 hours etc.)
Also lots of crappy projects fulfilled their hardcap in minutes-hours, then dumped hard. So please don't judge the ico by their speed of raising money. (But It may say something about the hype though.)
Which ICO can collect 10 million $ in seconds?However, 1.5 million isn't much for a company, for an ico, and 50 hours is a lot in crypto space. (Even if they gave guaranteed cap for 24 hours etc.)
Also lots of crappy projects fulfilled their hardcap in minutes-hours, then dumped hard. So please don't judge the ico by their speed of raising money. (But It may say something about the hype though.)
It lies in your imagination?
With the current market, 1.5 million $ in a few hours is an early success with that ICO.
That ICO will probably succeed because it attracts the community
What is wondered you? There were a lot of projects like Bancor, which collected over 100mln$ in less that 20 minutes... So it is very easy for project to collect 1,5 mln in 50 hours.
really that is quite impressive but when it will go on exchange what will happen i always think about it...
is there any way to predict a project's exchange behaviour before it's listed? Any tickers or signals?
I think it always depends on what exchange they might get listed. I will be a good start if they have listed first on reputable and high volume exchange such as binance,okex,hitbtc etc. This way many traders and investors might see and be interested about their project. Listing from the high volume exchanges might be a good publication too.
I don't think that's a success. I've seen icos collected 10+ million dollars in seconds. Yes. But yes that was in bull market.
However, 1.5 million isn't much for a company, for an ico, and 50 hours is a lot in crypto space. (Even if they gave guaranteed cap for 24 hours etc.)
Also lots of crappy projects fulfilled their hardcap in minutes-hours, then dumped hard. So please don't judge the ico by their speed of raising money. (But It may say something about the hype though.)
However, 1.5 million isn't much for a company, for an ico, and 50 hours is a lot in crypto space. (Even if they gave guaranteed cap for 24 hours etc.)
Also lots of crappy projects fulfilled their hardcap in minutes-hours, then dumped hard. So please don't judge the ico by their speed of raising money. (But It may say something about the hype though.)
has the news been proven correct? if proven, surely the project has a huge chance of success. but if it hasn't been proven, maybe the news is only to attract investors to invest in the project.
But how can you check that such news are correct? No one will tell you truth: successfull is the project or not really. Consequently, investors will see the value and amount of distribution of tokens only after the end of ICO when tokens will be accessible in exchanges.
has the news been proven correct? if proven, surely the project has a huge chance of success. but if it hasn't been proven, maybe the news is only to attract investors to invest in the project.
I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
It could be because the project is really good, or the bonus given is big enough for the initial investor. But maybe 50 hours will not be a reference for making conclusions, because I also saw other ico having almost the same start, and having difficulty getting a raise the following week.
isn't actual research needed for every investment? i still think it catches attention and people actually look into the project after this. if it's promising, it's promising
You'd be surprised how many people invest purely based on hype... That's where all the scammers are lurking.
could you even be called an investor if you don't research before jumping on the bandwagon
I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
This may indicate that investors are very interested in this project or that some one large investor has invested so much money. This is a good chance to follow them and an opportunity to earn money
This is nothing extra ordinary, there are ICOs who has raised a lot more in lot less time.
It all depends on the hype around the project, how long it has been marketing, if and how long is the whitelist.
It all depends on the hype around the project, how long it has been marketing, if and how long is the whitelist.
I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
It could be because the project is really good, or the bonus given is big enough for the initial investor. But maybe 50 hours will not be a reference for making conclusions, because I also saw other ico having almost the same start, and having difficulty getting a raise the following week.
isn't actual research needed for every investment? i still think it catches attention and people actually look into the project after this. if it's promising, it's promising
You'd be surprised how many people invest purely based on hype... That's where all the scammers are lurking.
I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
It could be because the project is really good, or the bonus given is big enough for the initial investor. But maybe 50 hours will not be a reference for making conclusions, because I also saw other ico having almost the same start, and having difficulty getting a raise the following week.
isn't actual research needed for every investment? i still think it catches attention and people actually look into the project after this. if it's promising, it's promising
if you tell me another topic, I beg you to specify reference link to see the object being told.
so that all of them know what's right and what's wrong.
if like this without a link then I can't comment on anything.
so that all of them know what's right and what's wrong.
if like this without a link then I can't comment on anything.
You mean I should put a link in the original post of this topic?
That is actually quite impressive to be honest. They probably did a very good job in convincing people to believe in their project and have promoted themselves in quite a good way which actually attracted a good number of investors. Not sure what the project is about, but should be something interesting. Might head over to their ANN thread and see what is it all about.
they are creating platform that will merge crypto and fiat accounts into one dashboard, at least i always get lost between the accounts, too hard to keep up with all of them. actually looked into this project after this post, thanks for sharing, would have missed it
if you tell me another topic, I beg you to specify reference link to see the object being told.
so that all of them know what's right and what's wrong.
if like this without a link then I can't comment on anything.
so that all of them know what's right and what's wrong.
if like this without a link then I can't comment on anything.
That is actually quite impressive to be honest. They probably did a very good job in convincing people to believe in their project and have promoted themselves in quite a good way which actually attracted a good number of investors. Not sure what the project is about, but should be something interesting. Might head over to their ANN thread and see what is it all about.
This could be for a lot of reasons and may not necessarily mean it is a good project.
Reasons can be, hype, bonuses, institutional investors getting in in large amounts and many more reasons.
I remember project Shivom sold out from its Presale and less than 3 months since exchange listing it is at 0.04x that is very bad and there are no guarantees in the crypto space.
Reasons can be, hype, bonuses, institutional investors getting in in large amounts and many more reasons.
I remember project Shivom sold out from its Presale and less than 3 months since exchange listing it is at 0.04x that is very bad and there are no guarantees in the crypto space.
I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
It could be because the project is really good, or the bonus given is big enough for the initial investor. But maybe 50 hours will not be a reference for making conclusions, because I also saw other ico having almost the same start, and having difficulty getting a raise the following week.
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