Topic: What happens if ICO didn't reach it's MINIMUM CAP? - page 2. (Read 747 times)
when I was newbie I also had the same question with you, maybe because I was not experienced in following ico, and now when I have experienced it, I can answer it, if ico project is not reach soft cap / minimum cap, they will refund to investors, and if they hold a bounty campaign, then the bounty hunter who has participated will not get paid
as far as I know if the minimum is not reached, then the investor fund will be returned. but there is also a project whose token is still shared if the minimum is not reached. in the whitepaper clearly written their plans, what steps they will run, starting hard cap, soft cap and if the minimum is not reached.
If not reach the minimum CAP. They will try to push their money to buy that tokens to gain soft cap and will deceive people to take that money. There are many projects that do this because they do not want to miss that amount
well,this is new information for me.is it ever happen ico target didn't achieve?
Actually I don't know any ICO that didn't reach its minimum cap. However I'm just being cautious since this ICO has a few followers and not doing much of advertising its project.
There are many of ICOs didn't reach its soft cap. It's okay and could even better for them.
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So basically. It should be refunded? So when an ICO tells that the project will continue and be on exchanges even when not hitting the minimum cap. is considered a scam?
Not necessarily. It depends on how the smart contract is written.So basically. It should be refunded? So when an ICO tells that the project will continue and be on exchanges even when not hitting the minimum cap. is considered a scam?
If the team says in their announcement thread or their website before the ICO starts that refunds will be issued upon failure to achieve the minimum target, then that's probably what's gonna happen.
If they say that the project will continue despite not hitting the target, then it's reasonable to assume that their funding is still enough to go on. Doesn't mean it's a scam.
If it's a scam, they run away with your money either way.
I found a project has reached softcap / minimum cap but did not pay bounty participants and the project was not continued.
Please be careful in choosing ICO
Please be careful in choosing ICO
I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses
All the payments should be returned. There should be a term of the smartcontract. Keep away from the ICOs with no smarcontract.
well,this is new information for me.is it ever happen ico target didn't achieve?
Actually I don't know any ICO that didn't reach its minimum cap. However I'm just being cautious since this ICO has a few followers and not doing much of advertising its project.
well,this is new information for me.is it ever happen ico target didn't achieve?
in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.
But that depends on the company's agreement some icos that doesn't refund the money of the investors and just try to run the project with those funds just like ark and it become successfull project in this time. It is better to refrain from ico, where redund is not made.
So basically. It should be refunded? So when an ICO tells that the project will continue and be on exchanges even when not hitting the minimum cap. is considered a scam?
in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.
But that depends on the company's agreement some icos that doesn't refund the money of the investors and just try to run the project with those funds just like ark and it become successfull project in this time. It is better to refrain from ico, where redund is not made.
in most cases you will recive a return.
It is better to refrain from ico, where redund is not made.
It is better to refrain from ico, where redund is not made.
I would like to be informed on what happens to your investment if ICO didn't reach its minimum capital. As far as I know, ICO will be refunded to its investor. But a particular ICO told me that their project will continue and the coins will still be on exchanges even if didnt hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses
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