Topic: We should stop promoting ICOs who ask huge money for their soft/hardcap! - page 7. (Read 15834 times)
March 22, 2019, 05:59:10 PM
How do the fees at the ICO stage affect the future development of the project? Now, in fact, 90% of all the projects that conducted the fundraising are simply simply in a deep hole.
March 22, 2019, 04:23:15 PM
Yeah i agree with you and i would add to your point by saying that reasonable funding goals should be encouraged and desire to raise infinity or large sums of money should be discouraged i mean you are just launching a new project and for me 1 to 10 million is a huge and adequate funding for a startup but icos are aiming at 50 million to 100 million and even more which sometimes seem rediculous, this also shows that projects are launched without proper homework and are backed by nothing but greed i think regulators should limit the fund raised in an ico to max 10 million.
March 22, 2019, 03:26:43 PM
Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!
So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!
So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?
I think that the difference is not more projects, but rather ICO teams. Almost all of these projects are moving very slowly. The projects of better working teams are more successful.
March 22, 2019, 03:13:57 PM
Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!
So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?
Agree with this, most of the new tokens were just going to be used for buml and dump so why we need to invest huge money on them,we can get them for more cheap price when it is available on the exchange. Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!
So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?
March 22, 2019, 02:53:36 PM
Some ICO's have unrealistic hard cap but if the hardcap justify the scope of the project then it's okay. I have seen many ICO's reached the hard cap and up until now no product and only some kind of newsletter. I'm picky on what kind of projects I promote and 10 million usd hard cap would be the enough for a startup. More than that would be difficult to achieve considering the market condition.
March 22, 2019, 02:42:58 PM
And if the development team competently justifies why they need these $10 million, and when checking with the project all is well why should we boycott such a project?
March 22, 2019, 10:44:52 AM
For me, usually i choose a project that has a reasonable amount of target for their softcap or hardcap.
I would avoid in choosing project with a target that are too big, just like what has mentioned in the first post.
I would avoid in choosing project with a target that are too big, just like what has mentioned in the first post.
March 22, 2019, 09:09:05 AM
Recently, I cam across a project while researching on bounty projects. The ICO of that project kept increasing and now its at about $2.5. And am wondering, is this project ever going to list at a price close to that $2.5 I mean, it's just outrageous when we know that 95% of ICO project list at ICO price. I just wish investors will wake up and be much more careful on projects they go for.
March 22, 2019, 08:07:58 AM
In the current market condition, it's hard for projects to reach even 10 million dollars, some ICO are faking their sales to convince other investors to invest in their project, I have seen a project boasting they reach this amount but no investors are coming up to post that they've invested this or complaints if there's a lack of update.
March 22, 2019, 07:59:09 AM
I think there is sense in your post. The percentage success of ICOs with small hardcap is far better than those that demand huge hard carp without having something tangible than mere listing on exchange. Envion raised like 100 million USD but today, it's no where to be found.
March 22, 2019, 07:21:10 AM
in my opinion i don't have issues with their huge soft or hard cap , either ways , if the project team do not have a vision and focus on it , the project may still be abandoned after raising the amount . some projects raised huge amount and were still able to make it through and protect their token from dumping .
But my problem is with projects who will state as a condition that hunters will only be paid if they meet their hard cap . i think hunters deserve their rewards after advertising projects and the reward should not come with such conditions.
But my problem is with projects who will state as a condition that hunters will only be paid if they meet their hard cap . i think hunters deserve their rewards after advertising projects and the reward should not come with such conditions.
March 22, 2019, 06:50:23 AM
Yes you are right but not totally correct. Problem is, many of this project didn't even reach its softcap but they lied of the amount theorised and when they get to the market, the price dumps and they blame the market for it.
March 22, 2019, 06:50:11 AM
One of the reasons why you dont invest in this type of project because you know it'll be bullshit, if im gonna invest im gonna go for projects that are legit doing updates, not projects that just have a single update every quarter when they can do alot more.
March 22, 2019, 06:36:25 AM
I don't think we should stop totally in the promotion of project that need huge amount of soft/hard cap because project varies and some project might actually need huge amount of money before they will be able to achieve their goals, I think what we have to do is to do a good analysis ourselves about the projects, then check the funds needed to carry out the project to see whether the funds is actually what is needed or not.
If not, we should contact the dev team stating them that based on our analysis, they will go for studying and recalculating the soft/hard cap. If they keep stubborn then we must think about stop promoting such unrealistic/greedy teams. This is because, everyone must have their own justifications and we must give them chances to explain their own perspective too.
If not, we should contact the dev team stating them that based on our analysis, they will go for studying and recalculating the soft/hard cap. If they keep stubborn then we must think about stop promoting such unrealistic/greedy teams. This is because, everyone must have their own justifications and we must give them chances to explain their own perspective too.
March 22, 2019, 04:50:19 AM
Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!
So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?
I do not often participate in ICO projects when they ask for a large amount of money, which is my experience because I often see those projects that are very difficult to succeed and the rate of failure is very high Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!
So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?
March 22, 2019, 04:48:39 AM
you are very right. sometimes the one that didn't reach its hardcap is the reliable token in the market. I know some token that reach its hardcap but still not on any exchange until now.
March 22, 2019, 04:41:57 AM
Definitely true. Even if we help to promote ico for their soft cap and hard cap, still there is a chance that they cannot meet even soft cap, meaning theres a chance that the project would be unsuccessful. But we should not lose hope then.
March 22, 2019, 04:36:59 AM
Hello Everyone,
Recently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!
So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?
their development is not just listed on the exchange, but more than that for example HDAC you can see the develpoment progress on the website or you can also ask on the telegramRecently I have analyzed that most of the big raised ICOs are valueless or nothing but a pump dump token! No Major updates but they asked huge money to run their technology/project smoothly! Look at the HDAC, Bankex, Pumapay, Online, Cryptosolartech and so on ICOs! They gathered huge money from the sale but then what happened? Their developments mean just listing on some exchanges that's it! Many low cap ICO projects are doing far better than those highly earned ICO projects. Look at the countinghouse ICO, how happy their investors are!
So, My Opinion is, we should stop promoting those ICOs who asked more than 10-20 Million USD as a soft cap goal! what do you think?
in my opinion it doesn't matter that they want high softcap and hardcap, provided they have to be in accordance with what they will develop
March 22, 2019, 03:14:39 AM
its not about the hardcap. if the softcap reachead, the project will continue if not then no.
its still on the dev of the project if they decided to turn into a scam token.
its still on the dev of the project if they decided to turn into a scam token.
March 21, 2019, 06:27:36 PM
Higher soft and hard caps do not necessarily mean that these ico's are fraud or expected failed projects. Even those ico's with low soft and hard caps failed. Maybe you're right on some points but not absolute. It is still based on the project itself.
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