Topic: What does long sale periods say about the ICO? - page 2. (Read 227 times)
it can be a positive side for the project. Taking a long time for the project can result increase of the price of tokens and investors get more profit than expected. Many ICOs take time to gather the proper investments for the project.
I think it is not so much the duration of the sale period that makes a problem for investors confidence, rather than that when they keep changing or delaying or postponing that affects confidence.
For me, if ABC says they will do 3 months presale, 3 months public sale and etc, I have no problems. But if they say 1 month and then suddenly becomes 5 months, or if they say 1 Jan but delay to 1 Jun, then I have a problem because if they can't even do ICO to schedule, then what about their roadmap?
Even 1 year is okay for me. But not EOS 1 year where there was no cap!
For me, if ABC says they will do 3 months presale, 3 months public sale and etc, I have no problems. But if they say 1 month and then suddenly becomes 5 months, or if they say 1 Jan but delay to 1 Jun, then I have a problem because if they can't even do ICO to schedule, then what about their roadmap?
Even 1 year is okay for me. But not EOS 1 year where there was no cap!
There's some ICO which announce crowd sale that lasted longer than others. What does it signify?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
UPDATE: From the answers so far, many sees it as a case of the ICO team extending the duration of sale. But "extension" is not the only scenario that can happen.
Here are two examples:
1. An ICO ABCD at first announce a sale lasting X days. But when it gets close to the start of the sale, they extend the duration of the sale.
2. An ICO WXYZ announce their sale, and it is a long period (e.g. maybe 1.5 times longer than normal main sale period?)
So if you see these two ICOs, what would you think?
(EDIT: After reading some responses, I edited/updated this post to clarify and present a clearer case.)
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
UPDATE: From the answers so far, many sees it as a case of the ICO team extending the duration of sale. But "extension" is not the only scenario that can happen.
Here are two examples:
1. An ICO ABCD at first announce a sale lasting X days. But when it gets close to the start of the sale, they extend the duration of the sale.
2. An ICO WXYZ announce their sale, and it is a long period (e.g. maybe 1.5 times longer than normal main sale period?)
So if you see these two ICOs, what would you think?
(EDIT: After reading some responses, I edited/updated this post to clarify and present a clearer case.)
There could be multiple reasons for extension of an existing defined sale date:
1. Project makers are considering market is not good to have a sale and they may loose potential investors
2. Legal reasons, they are not fully compliant and ready to start the sale and they are waiting for updates from there lawyers.
3. Other internal issue like team management, re-organization, re-structuring.
For the second example:
It is well known fact that there are ICOs which want to raise a big amount of money for there project and they are expecting that the project will take longer period of time then other ICOs to raise the funds they require, so they make the ICO sale for a long period of time.
For both the cases, these are not the factors for considering if the project is good or bad.
Long sale periods of ICOs sometimes can get too tedious in a sense, it sometimes loses hype and excitement in the part of investors. However, I guess some ICOs do this so that they can get more investors and get more time to market the platform. Personally, I don't like extended sales of ICOs, you sometimes lose track because of the number of ICOs popping out once in a while.
Major reason why some ICO takes longer sales period than others is because they couldn't raise enough fund without which they won't be able to bring their idea to life as it is in their whitepaper and roadmap so they extend the sale period and could take that as an opportunity to fully develop their products but I don't like ICOs that takes forever to finish token sale, I prefer short term ICOs
I think it is really simple. When you don't raise the fund you intended to, you extend the sale to get to that mark. Projects that doesn't sale that much and not very popular usually are the ones that extends since they dont reach their softcap with the time they expected to.
Interesting, thanks for all the responses.
From the answers so far, many sees it as a case of the ICO team extending the duration of sale.
I have another scenario though. Let's say two ICOs begin at the same time. But the duration of their sales are different. (Note that in this case, its not extending.)
How would you look at it then?
(I will add this into the original post.)
From the answers so far, many sees it as a case of the ICO team extending the duration of sale.
I have another scenario though. Let's say two ICOs begin at the same time. But the duration of their sales are different. (Note that in this case, its not extending.)
How would you look at it then?
(I will add this into the original post.)
Too long ICO period means the team is unable to raise fund and people dont like their project because of not having enough potential and a huge chance of scam also.
A long sale just means that the ICO was not able to raise enough amount that they initially thought they could. That is why, they went for the long sale.
There's some ICO which announce crowd sale that lasted longer than others. What does it signify?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
I believe such projects are big failures because they were unable to collect the funds quickly due to no marketing strategies or no proper investors base. Any new projects which has ability to raise funds very quickly is the one who is most popular and trustworthy in the market. If such coins are to be invested then they get reached to soft cap by the time of private sale only. This tells us the potential of those projects and how big they are in the real world. Considering most of them are running for very long time means one more thing, people are being ambiguous about ICO investments and there are more than 100's of them coming into the market everyday. So most probably its diluted investment too.
It is simple and straight, when ICO drags for long time, such ICO has not been able to raise needed fund or the ICO is looking for more fund to compliment what has already been raised!
Too long duration of ICO sounds not interesting for me. If I join its bounty campaign, it will take a long time for waiting the distribution. I also think it is not effective way to attract investors. If the duration of ICO is up to a year, it will spend too much funds and time.
There's some ICO which announce crowd sale that lasted longer than others. What does it signify?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
Some project ICO could take longer time than expected because of the fund they plan to raise during the ICO. It depends on how quick they were able to raise the soft cap and hard cap. As for me, it doesn't matter how long the crowd sales lasted, once am satisfied with everything about the project. I will give them time to raise enough fund for the success of the project.
Not a big fan of long duration of ICO's, but I can understand why some chose to extend/postpone or prolong yes. Times are harsh. When they started their adventure, funding would seem the last of their worries. However, times changed, funding is not that easy anymore. Some projects still try and get as much as possible, for this they extend...hoping for better times. Also, it gives them more time to work on their project/product...which by the time things get better, they will pick up more momentum, since they have progressed a lot in those months...
I like short-term sales, I think long-term sales are a good step but it makes us wait too long, sometimes we don't know what will happen to Crypto, because cryptocurrency is like an ocean, it is very difficult to guess what will happen , I think you should consider this problem well
There's some ICO which announce crowd sale that lasted longer than others. What does it signify?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
I think they are making sure to that the number of tokens will be sold with a higher amounts. This could lead more investors to know about their project and also some of it is in line with their road map.
There's some ICO which announce crowd sale that lasted longer than others. What does it signify?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
I think that in good ICO projects change the terms of different periods because the creators see that they can not raise a certain amount during this time. And maybe they believe that over time the price will grow even more. Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
Yes, if sales take too long, as the price of tokens changes, that could make a big difference in the cost to different investors.
So I don't think it's good news that I would avoid investing in these projects.
So I don't think it's good news that I would avoid investing in these projects.
There's some ICO which announce crowd sale that lasted longer than others. What does it signify?
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
UPDATE: From the answers so far, many sees it as a case of the ICO team extending the duration of sale. But "extension" is not the only scenario that can happen.
Here are two examples:
1. An ICO ABCD at first announce a sale lasting X days. But when it gets close to the start of the sale, they extend the duration of the sale.
2. An ICO WXYZ announce their sale, and it is a long period (e.g. maybe 1.5 times longer than normal main sale period?)
So if you see these two ICOs, what would you think?
(EDIT: After reading some responses, I edited/updated this post to clarify and present a clearer case.)
Following that question, would you consider the duration of the different stages of an ICO sale? (e.g. a long angel round, or a pre-ICO sale that is very short)
Does it make a difference to you?
UPDATE: From the answers so far, many sees it as a case of the ICO team extending the duration of sale. But "extension" is not the only scenario that can happen.
Here are two examples:
1. An ICO ABCD at first announce a sale lasting X days. But when it gets close to the start of the sale, they extend the duration of the sale.
2. An ICO WXYZ announce their sale, and it is a long period (e.g. maybe 1.5 times longer than normal main sale period?)
So if you see these two ICOs, what would you think?
(EDIT: After reading some responses, I edited/updated this post to clarify and present a clearer case.)
Jump to: