Topic: Just a quick question - page 3. (Read 480 times)
Yes they can, softcap designed so they capable of working the project with that money. And hard cap is money for some other thing or improve the project so the result will be better, cause the budget much more bigger.
It depends to them I think, maybe they need to finish the crowdsale before spnding it to the projects so they can allocate the funds from different parts of the projects they reached.
When there is an ICO, can the company running the ICO take and use the funds once the soft cap is reached or do they need to wait to the ICO is over?
As far as i know they could use the funds they have raised anytime they want so that is the risk of joining these ICOs,but morelikely if they get a softcap there would be a public sale,ICOs has a lot of factors to be considered like product,the team,roadmap,whitepaper,partmership etc. so you need do deep research each things you need to know so you can achieve success.
When there is an ICO, can the company running the ICO take and use the funds once the soft cap is reached or do they need to wait to the ICO is over?
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