We should stop promoting ICOs who ask huge money for their soft/hardcap! - page 8.

tippytoes

sr. member

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Quote from: tsaroz on March 21, 2019, 04:57:13 PM

Classifying ICOs based on their soft cap and hard cap and Generalizing them as one being better than other is not a bright idea.
The projects and their caps depends on various estimations and goals. The success and failure depends on the projects ethics and dedication.

Every project has different soft and hard cap because they are addressing different natures of business. So it depends on what kind of business they are launching. And yes, it depends on the project's ethics and dedication so we are talking about the development team here. If they have sincere goals no matter how much they raised, they should make both ends meet and find alternatives on how they can realize their platform. They should not stop if they are not able to raise their target funds but find ways on how to address the situation rather than abandoning their project.

Goodvalony

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honestly, i regrets selling my countinghouse tokens last year novenmber. look at were it is now. i remember participating in the bounty campaign, honestly, the project looks like something not serious. but finally look were they are now. huge and massive profits. lesson number one, don't sell off tokens easily.

tsaroz

legendary

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Classifying ICOs based on their soft cap and hard cap and Generalizing them as one being better than other is not a bright idea.
The projects and their caps depends on various estimations and goals. The success and failure depends on the projects ethics and dedication.

bhadz

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You have the freedom to do that but I doubt it that everyone will participate on this especially with bounties. Most of the bounty hunters will just go on with any project that they can participate that looks stunning and good to them. It is the sad reality that many of those projects that gathered huge amount aren't really working with what they have promised. I'm not telling that all of them but many, still looking at the brighter side, there's still few of them that keeps on working with their promised road map.

TheAndy500

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Quote from: Tduty on March 21, 2019, 03:34:09 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?

I also noticed that during the bear market projects with small targets deal with situation much better then big ICOs. However, we can not forget about such projects as Golem or EOS. A lot depends on the moment they enter on the market. However, I think that large projects will be able to show that ICO or STO are really good instruments for building very profitable investments. The all what they need is just better market situation.

Sinone

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Quote from: ?? on ??

Quote from: Tduty on March 21, 2019, 03:34:09 PM

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 agree with this, so many ICO with high softcap or hardcap after listing they dont care anymore about the project, sometimes the team dont care anymore about the project roadmap. And i think 10-20 Million, they only set it to make profit, not for project. I think 5Million for hardcap, this is enough. Lets care about investor

Yes, Agree with you. Look at the Binance Launchpad's BitTorrent ICO! The hardcap was 7 Million USD if I am not wrong but they made a very high trading volume because it has a good project with developments and it is known by most of the internet users! I feel 10 M USD hardcap is enough to run a project perfectly. But they need 30-50 Million USD to fill their own pocket!

42K

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Erotic Industry on the Blockchain! RachelX

Thats a nice idea but then we have to first weigh the project before considering or comparing their hard/softcap with the project. There are some projects that even if they raise just $1million they can set it up and start working on their products whereas others needs more than that. So for these we have to really look into the project before taking any step.

Xardasim

sr. member

Activity: 1624

Merit: 250

ICOs with lower softcap are also in the same situation. It is not about softcap or hardcap. This situation is caused by the development of opposite volatility. Better condition means better ICOs.

cryptobae10

jr. member

Activity: 658

Merit: 5

Quote from: Tduty on March 21, 2019, 03:34:09 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?

Yes you are right in some points
But it’s not the project fault I would say because I can assume you fell in love with the tokens and did not cash out your profits

So basically, it’s up to us to have a good information before joining any bounty

Tduty

member

Activity: 448

Merit: 21

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?

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