Topic: If ICO Extended the token sale date - page 2. (Read 207 times)
I think it is not something wrong because those teams are extending their time for their projects because they don't want to give up
This is very typical of a bearish market condition. Not too many people will be interested in investing in an ICO largely because they have lost money to other ICO, they're therefore skeptical of investing in another. When a project therefore fails to reach softcap, for a serious team, in order to save the project, they will be forced to extend the token sale date, just to be able to raise more money to meet the set goals of the project.
They are mostly just giving themselves more time to raise the amount of money that was the set goal in the beginning. If a project does not get the amount that they are going for then they will most definitely extend the ICO date so that they can raise even more and with this extension comes an extension in everything else associated with the project.
You can always go for a project that is better and charges less than the one you have in mind. There are a lot of options.
I think that here you need to look at the situation. If there is a tendency that the project can collect the right amount, but just do not have enough time - I'm not against that extended the time. Well, if you can see that the project does not show any interest - it's all useless, even extending the terms of investment
If you can see the effort of the team wanting to achieve even the softcap just to implement the project then there would be nothing wrong for them to extend the ICO date and if after a few days, they would be able to collect the required amount then that team may have a good future but still you should be cautious with your investment because there are no guarantees when it comes to cryptocurrencies.
If it appears that due to the low speed of the cryptomarket, any ICO projects can not reach the softcap or hardcap, they will increase the time, in such a situation. I think this decision may be correct.
Like what is happening now wherein many investors are having doubts when it comes to investing because the cryptocurrency market is doing good so it would be better for the team to extend its token sale until such time when the investors gain back their confidence like what happen last year wherein many ICOs are successful to achieve its softcap/hardcap because cryptocurrency market in general is doing good.
I think that here you need to look at the situation. If there is a tendency that the project can collect the right amount, but just do not have enough time - I'm not against that extended the time. Well, if you can see that the project does not show any interest - it's all useless, even extending the terms of investment
This is definitely not a good sign for the crowdsale investors. But if you invest it through priv or presale, it's a good sign.
If this happens, any ICO project could not reach softcap or hardcap, because of that they would like to increase its time, it would be a good decision. I think it will work.
If it appears that due to the low speed of the cryptomarket, any ICO projects can not reach the softcap or hardcap, they will increase the time, in such a situation. I think this decision may be correct.
The ico extended the sell time is the ico can not afford developers should investors not buy. Or ico sell at a higher price than its real value so ico not sell.
It's a common occurrence at the moment that majority of ICO's doesn't reach their hard cap or soft cap and they extend the date of the ICO's I don't see any thing wrong with that, if the team sees necessary that extending their ICO could help reach their cap and then they can do it to save the project.
If Any ICO extended the token sale for any reason like they not reached the Softcap or hardscap for any reason like for down market. So what's your opinion is it right of wrong?
It is on the team's decision. there are different reason why they need to do it.
sometimes there are people who want to invest but needs more time. this is not just a simple investor if that happened.
they are delay on something that they need for the ICO.
they want to push the project and keep it alive.
My opinion on this is both wrong and right. It will only depend on the situation of the ICO. If the sales are close to the softcap, then it is a right decision to extend the campaign. However, if the token sale didn't reach even a half of the softcap, then it is a wrong choice to extend it further.
A lot of ICOs are struggling in this market, the market has been on an extreme downtrend since the beginning of the year, and ICOs seem to be hopeful that this will turn around some time towards the end of the year. If they didn't believe in the market, then they shouldn't have launched their product into such a hostile environment. I personally don't like it when ICOs extend the token sale duration, particularly when they have already failed to meet their softcap.
The vast majority of ICO's in the market is doing this (Extended the token sale date) so don't be perplexed if its trick for sure, they are doing it keeping in mind the end goal to spare the undertaking for neglecting to acquire reserves from financial specialists with a specific end goal to succeed. since there is a considerable measure of speculation associated with the task and the venture will before long be more successful.
If Any ICO extended the token sale for any reason like they not reached the Softcap or hardscap for any reason like for down market. So what's your opinion is it right of wrong?
If the ICO is extended with the reason that it hasn't reached the softcap, I think it's logical. But if the ICO is extended with the reason that the market is not improving it's not logical. Because it happened in 2017 the late payment for the bounty campaign because they gave the reason that ethereum prices were soaring. So this reason has already denied the current market conditions. I think this depends on the performance of the ICO developer.
Different reasons lead to this decision, there is no clear answer to your question. Projects sometimes overcome many difficulties to achieve their goals and this can be a reason to stop the sale of tokens. And it's not always a bad thing. Perhaps they need time to review strategy and strengthen the team, as well as for product development and better preparation. The main thing that the team did not disappear and reported their problems and further actions, was in touch with the participants. But if the project is closed and all gone.that's cause for concern.
I think expanding the time to sell the tokens is normal if they do not have enough capital to save the project. But that affects the product and reputation of the project with investors. Too many scams led to the ICO losing confidence in many investors. The competition between the projects and their ICO too much led them to extend the sales period to get enough capital to operate.
But in my opinion we need to be careful because it can be scam! really.
But in my opinion we need to be careful because it can be scam! really.
Hello mate. If a developer or the team behind a certain a project believes in their project and they were not able to achieve their projected hard or atleast softcap then extending the ICO probably the best thing they should do. And i'm ok with it. I don't any mistake about it. Cheers!
If Any ICO extended the token sale for any reason like they not reached the Softcap or hardscap for any reason like for down market. So what's your opinion is it right of wrong?
Most of ICOs do this.
They think with postponed ICO they will got more profits from investors when the market is uptrend.
But i think the investors won't invest on ICO when the market is uptrend and holding real coins
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