Topic: ICO collects $1.5million in 50 hours? - page 4. (Read 712 times)
That sale is even low, ico sell out faster than that when people were pumping money into ico in 2017 but reverse is the case now, new ico find raising money difficult as for the ico who raised 1.5M, i think the money is smal for 50hrs.
"ORCA is the first Open Banking platform designed for crypto users. It functions as a customizable, easy to use gateway into the crypto-economy for both advanced and amateur crypto enthusiasts" - it's obvious that investors believed this project, it's wonderful! Such a successful result of investment levies suggests that the project can very quickly collect a hard cap, so those who want to participate must hurry!
i was truly sceptical to invest in anything in this market condition but it's rare to find cases like this that make me change my mind, i'm sure they would have raised much more if this was happening a year ago
If this project is really good, than 1.5 million USD is nothing! Look what happened to TheKey when they started the ICO sale - website has crashed due to many investors 
.
Its true when people have big interest to ico then it can make the website overload so if only 1.5 million is nothing. .But now we talk about the recent condition. In this condition, all investor is still wait and see and any investor pull out their money so not so much cap now in crypto. Finally get only 1.5 million in short time is already good thing
"ORCA is the first Open Banking platform designed for crypto users. It functions as a customizable, easy to use gateway into the crypto-economy for both advanced and amateur crypto enthusiasts" - it's obvious that investors believed this project, it's wonderful! Such a successful result of investment levies suggests that the project can very quickly collect a hard cap, so those who want to participate must hurry!
1.5 million is a small amount for a start up company with ground breaking technology. Considering that minecraft was sold for 2 billion dollars which is almost 2000x that amount.
but do a platform project and a fully working game compare? i see some logical mistakes in this comparison
1.5 million is a small amount for a start up company with ground breaking technology. Considering that minecraft was sold for 2 billion dollars which is almost 2000x that amount.
What a lousy comparison, Minecraft had a working game that was being played by millions of people, thus deserving the 2 billion dollar valuation.
I really can't say the same for this Orca ICO, time will tell I guess.
If ORCA runs ICO via public smart contract and shows that they gains $1.5million in 50 hours, you can believe it. If it is just the number shown on their website, you must not trust, it can be a fake number. Many ICO using fake collected number to cheat investors. Be careful!
The same goes with fake volume statistics on certain exchanges. Always look for proof and don't believe at the first sight.
1.5 million is a small amount for a start up company with ground breaking technology. Considering that minecraft was sold for 2 billion dollars which is almost 2000x that amount.
$1.5 million in just 50 hours or 2 days? I think it can happen if the dev has a good plan of the ICO and they have a strong back up in their project and they have a good project so they can get much of investor. but it's only a few ico that can do this because right now, it is hard to collect a big money from the investor because of today, many ico that is trying to collect the money and then run away. so I hope that you can be careful when you decide to invest in any of ico and make sure that you know almost everything about the project and you are sure with the project.
you're right but also there are many ways to check the credibility of the project, just a careful research is needed
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?
The team of the ORCA project is good! Now very few projects can collect such amount for the entire time of the ICO. If the project really has a great potential then it gathers money very quickly.
Many excellent ICO projects can do this in a very short time because they can attract a lot of whales/sharks, and I have seen even more shocking IICO financing!
This is a very good indicator of the state of the crypto market at the moment.
There are many ICO's that attract investors from the first round, but many ICO's still fail to attract investors, even if they have a good AD plan.
There are many ICO's that attract investors from the first round, but many ICO's still fail to attract investors, even if they have a good AD plan.
I believe this is not true, people now do not believe ICOs, because most ICOs are scammers. And investing in the ICO, especially so actively, very big risk, maybe even just stupid.
how come? the market will still get back high so right now the quest is just to find the right project to invest to. moreover, you can always check if the number they announce are legitimate or not
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?
That was amazing! I have never made such big money in just 50 hours. It is a good and successful ICO project. But not all projects help you make that money. It's not easy, sometimes it's the scam of investors who want to attract capital. 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?
well
its normal for now ,
i mean , if someone see the project is promissing , no matter about what happening on market right now.
they will joining the ICO.
About ORCA , the banking platfrom is something good.
yes, i'd agree, now is actually the time to spot the gems that will get big as soon as the market goes up again
If ORCA runs ICO via public smart contract and shows that they gains $1.5million in 50 hours, you can believe it. If it is just the number shown on their website, you must not trust, it can be a fake number. Many ICO using fake collected number to cheat investors. Be careful!
the funds collected in ETH can be checked online, though ORCA also accept two other currencies but the tendencies can be seen through there. same goes with the smart contract. if you're interested in a project it is not that hard to check it on your own i'd say..
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?
well
its normal for now ,
i mean , if someone see the project is promissing , no matter about what happening on market right now.
they will joining the ICO.
About ORCA , the banking platfrom is something good.
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?
I don't know about this project, but raising $1.5 million in 50 hours is still normal. There are many projects that don't even take so long, especially last year, when ICO was really crazy.
I do not think that now it is possible. However, everything is possible, but it must be a really serious project, with a lot of advertising. I suppose ICOs do not want to spend money on advertising now.
Simply the project has really appeared worthwhile if has collected such means for the development
Or that there are a lot of fools in the ico space, which what I think is going on.Investors are all hoping to discover the next big thing, the next bitcoin. They're chasing the gains bitcoin had in its first few years of existence. I am not surprised that this is happening, but it is a foolish way to invest in anything. None of these ico's are going to be the next bitcoin or even the next ethereum. A lot of these investors have more money than brains, as they say and if this particular ico raised that much money in that short a time, this proves my point.
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