Topic: Private sale After ICO complete (Read 309 times)
It surprised me about a project doing that private sale have been conducted endlessly, When the project first started a private sale was conducted and afterward a public sale and when it ended a private sale presumed and continue at the moment of writing this.
In my own opinion I think there is no lay down structure on how to raise a fund during the ICO, and any team can choose to raise their money any way they want, maybe if they start with private sale, they won't get much support to continue their project building and want to seek the funds first through ICO, I think it's their decision and they must have reason for that.
Good point,any ICO can choose between how they will raise funds its their own tactics and no one could stop someone doing that because ICOs are unregulated just like what cryptocurrencies are supposed to be.But IMHO successful ICOs shouldnt have any private sale after because if they have reached the hardcap why would they do that? for the sake of money? 
I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. after the private sale , there was a presale and then ICO.but now everything is like upside down, some crypto projects hold presale and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem
I have an assumption that some of the developers chose this thing:
1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.
2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved
the project example is : swissalpsmining and thinkcoin
what do you thing?
I havent still experience or faced up those kind of projects that do have that reversed system on making up sales because in most common private sale, pre-sale and then the public or main sale. On the case you had mentioned they are done with the Main sale so it supposed that they hit up the cap because if they do ask out another private sale then its a little bit sketchy because it might really give out some reason for extension or they didnt really reach any cap at all. I have an assumption that some of the developers chose this thing:
1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.
2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved
the project example is : swissalpsmining and thinkcoin
what do you thing?
Each project has the right to choose the stages of public and private sales, so there is nothing wrong. Especially if the company pre-declares a private sale after the official ICO, there may be a group of investors who are willing to invest in the project only when reaching a certain level of fundraising.
What I understand from your statement is that some ICOs are holding private sale after the ICO public sale ends. It is probably because they haven't reached the softcap and want to extend the sale period by giving it a different name. ICO is a very new market and the rules are not yet framed. It is just a market practice to have the below phases,
1. Private sale
2. Pre-ICO
3. Main ICO
There is no hard and fast rule for private sale period or its chronology. So I don't see any reason not to have a private sale phase after the ICO ends. Probably the ICO owner is trying to sell off the remaining amount of tokens to the investors through this. That's completely normal! At the end of the day, the goal is to fund the business!
1. Private sale
2. Pre-ICO
3. Main ICO
There is no hard and fast rule for private sale period or its chronology. So I don't see any reason not to have a private sale phase after the ICO ends. Probably the ICO owner is trying to sell off the remaining amount of tokens to the investors through this. That's completely normal! At the end of the day, the goal is to fund the business!
off course that was normal but it strange ,private sale after ICO, they said ICO was succesful because some huge demand they stop the ICO and goes to private sale, if has a huge demand and huge interest why must by private sale. it should they continue the ICO right. but marketing plan sometimes goes weird to get an attention
I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC...after the private sale , there was a presale and then ICO...
I think that to conduct private sales after the termination of ICO is silly. As a rule, in the course of private sales, a very low price is made for large investors.
2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved
the project example is : swissalpsmining and thinkcoin
what do you thing?
This may be a closer-to-reality reason but I don't think it's the best way to do in a project. Even the "private sale" concept is not so good to me, much more when it is being done after ICO. If they are not able to reach the hardcap, then maybe, they just have to extend the ICO. the project example is : swissalpsmining and thinkcoin
what do you thing?
I think your assumption is correct. If they don't reach their hardcap in the ICO period then they run private sale so that the can attract more customers. Or maybe I think they might run the private sale for those who are holding huge ammount of their coins in special price.
I think company run this private sale only to increase their sale and they can earn more popularity than before. They also run these private sale if they did not reach to the hard cap either.
Such projects resemble crosses. It is important for them to collect more invaders. They are not very interested in the development of the project. I look with caution on such projects
There seems to be no rules or regulations that they are bound to do when it comes to such arrangements. It actually depends on the project itself, whether you want to go for pre sale and then the private sale or just simply start with the private sale, does not make any difference.
Actually there are no mandatory rules or classification regarding such sale arrangements. It is totally dependent on the wish of the project. You can start with pre-sale first then private sale of you can start with private sale first.
Yeah it's quite confusing because it is not the normally way ICO's are been run, but from the last time i checked, there is no lay down procedure to ICO funding, So the team might do it the way they want it and the way they think they could raise all the money they need to build their project.
In my own opinion I think there is no lay down structure on how to raise a fund during the ICO, and any team can choose to raise their money any way they want, maybe if they start with private sale, they won't get much support to continue their project building and want to seek the funds first through ICO, I think it's their decision and they must have reason for that.
I'm totally confused, what you wanted to get us.But after all what i get from you, first of all you have to know that it s open source, decentralized peer to peer network.
I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. after the private sale , there was a presale and then ICO.but now everything is like upside down, some crypto projects hold presale and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem
I have an assumption that some of the developers chose this thing:
1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.
2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved
the project example is : swissalpsmining and thinkcoin
what do you thing?
I have an assumption that some of the developers chose this thing:
1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.
2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved
the project example is : swissalpsmining and thinkcoin
what do you thing?
To be honest I was also confused by their decision, even some project opened re-ico again even though the project was successful and the percentage of the share was in accordance with the allocation, where did the next token come from.
A project like this is likely to be chaotic and fail if the private sale is opened at the end to pursue the target (correct me if I'm wrong)
I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. after the private sale , there was a presale and then ICO.but now everything is like upside down, some crypto projects hold presale and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem
I have an assumption that some of the developers chose this thing:
1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.
2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved
the project example is : swissalpsmining and thinkcoin
what do you thing?
I have an assumption that some of the developers chose this thing:
1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.
2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved
the project example is : swissalpsmining and thinkcoin
what do you thing?
This is largely because the project did not reach it's hard cap. Lately a lot of ICOs have struggled to get the required funding and investments due to how ICOs have performed after listing on exchanged. So people are a bit laid back when it comes investing in ICOs.
Another of such project that sold tokens after ICO was Suchapp and Usechain. These projects struggled to raise the required amount of ETH during their public sales
Some projects might choose to do things the way they showed want
Its very simple because they want to get more capital to reach the desire goal. They already promote this project to the people so more people now know this project. I really appreciate this kinds of project.
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