[IEO] Hiway - Platform Explanation & IEO Announcement - page 14.

charlop24

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Quote from: nwosuchristabe2 on June 20, 2019, 04:44:13 AM

Quote from: jumiapaul on June 20, 2019, 04:07:12 AM

Yes, that's true. I even know of an exchange Project which seemed very promising, I can't remember the name now, but I remember participating in the trading competition last year, I was surprised when they announced that the project did not make up to 100$ in the ICO and had to refund the peanut raised back to the investors. I sincerely didn't see that coming.

That's a clear indication that the fact that the project seem promising and have a low hardcap doesn't justify its success. From your explanation, the project already had a working product as you participated in the trading competition, but at Last nothing came out of it.

It's really unfortunate and I feel their pain, the team must have spent a fortune in designing, hosting and maintaining the exchange platform with the hope that they would be reimbursed after the tokensale, only for nothing to be raised. I still believe that they had a poor marketing team.

ning_aric

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Quote from: nwosuchristabe2 on June 20, 2019, 04:44:13 AM

Quote from: jumiapaul on June 20, 2019, 04:07:12 AM

Yes, that's true. I even know of an exchange Project which seemed very promising, I can't remember the name now, but I remember participating in the trading competition last year, I was surprised when they announced that the project did not make up to 100$ in the ICO and had to refund the peanut raised back to the investors. I sincerely didn't see that coming.

That's a clear indication that the fact that the project seem promising and have a low hardcap doesn't justify its success. From your explanation, the project already had a working product as you participated in the trading competition, but at Last nothing came out of it.

Things has changed. You don’t get that much attention as a project trying to raise funds on ICO. Having a STO or IEO doesn’t seem to change that either. Projects like Hiway, needs a product to be in business.

nwosuchristabe2

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Quote from: jumiapaul on June 20, 2019, 04:07:12 AM

Yes, that's true. I even know of an exchange Project which seemed very promising, I can't remember the name now, but I remember participating in the trading competition last year, I was surprised when they announced that the project did not make up to 100$ in the ICO and had to refund the peanut raised back to the investors. I sincerely didn't see that coming.

That's a clear indication that the fact that the project seem promising and have a low hardcap doesn't justify its success. From your explanation, the project already had a working product as you participated in the trading competition, but at Last nothing came out of it.

Kinkadeinspired

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Quote from: jumiapaul on June 20, 2019, 04:07:12 AM

Quote from: Mrcharles on June 20, 2019, 03:32:05 AM

Quote from: nwosuchristabe2 on June 19, 2019, 06:37:54 PM

Quote from: Sozialtourist on June 19, 2019, 04:24:51 AM

Quote from: Getadaaa on June 19, 2019, 03:28:01 AM

Quote from: Sozialtourist on June 18, 2019, 05:58:06 PM

Quote from: gee777 on June 18, 2019, 05:03:24 PM

Quote from: ning_aric on June 18, 2019, 03:41:33 PM

It’s been a week since WAY tokens IEO sales ended on DCOIN. Hiway team promised an update , but I don’t know how soon that would be. Does anybody have an idea of the progress of WAY Tokensales on Exmarkets?

Maybe we should wait for another week. Creating reports for a big sale like the hiway IEO takes time. So we have to give them time to create a concrete report.

Or better just wait till the IEO on Exmarkets is over, too. Then they can publish the results of both sales together. Do they also have a softcap? And if they do so, was there an announcement if they'Ve already reached it?

It’s just a hardcap. Hiway has an ICO before now. And the total sales is less than a $1 million USD. I’m quite sure they’ll get that from the two exchanges in no time.

So they don't have a softcap at all? At least this way potential investors can be sure that the project moves forward and that it won't get cancelled at all due to not enough funding.

The hardcap of the project is pegged at just $700k which it's agreeable very low. I guess this is the reason why there's no softcap, considering the fact that the hardcap can be reached, I believe that the softcap is not necessary.

The fact that the hardcap is seemingly low as its less than a million dollars is not a guarantee that it would be achieved. It would interest you to note that there are projects that raised less than 100$ in their tokensales and had to back out.

Yes, that's true. I even know of an exchange Project which seemed very promising, I can't remember the name now, but I remember participating in the trading competition last year, I was surprised when they announced that the project did not make up to 100$ in the ICO and had to refund the peanut raised back to the investors. I sincerely didn't see that coming.

What?! Are you for real? If that be the case, then they must had a really bad marketing strategy. No project with much promise and potential like you claim will raise less than a $100 USD unless their marketing is wack! I mean, $100 USD? Smh

jumiapaul

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