Topic: What happens if ICO didn't reach it's MINIMUM CAP? (Read 777 times)
They're supposed to refund all the investors. Sometimes they just go ahead with the project anyway though.
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
There are such ico who continue to work if they have not collected enough money. Mostly, investors return money, but there are dishonest ico.
I believe that ICO should refund the investor's money and they should not take the money and just be gone like a bubble. It will be the responsibility of the ICO to initiate such move since it will be the right thing to do. Perhaps, if some ICO has not reacbed the soft cap target during the pre token sale, they still manage to continue on tbe exchange sites.
When an ICO project does not meet the softcap means that the project will scam investors will lose confidence in the ICO because the investment is not refunded.
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 didn't hit the minimum cap. Is this true? or is it possible to be a scam? Thank you for your responses
It's good to possess the spirit of transparency and honesty. Whenever it happens that a particular ICO can't meet up with the minimum cap "soft cap" and still didn't refund investors funds, in some cases it's not a conclusion that the ICO is purposely organizing to scam.
For every legit launched ICO hope for the best, probably they might have better plans to bring their dream in to fruition and also it can be a scam. But, the best practice should be when a launched ICO is unable to reach its soft cap, investors funds should be returned with immediate effect.
Several failed ICO in the past has put such into practice to mention a few Swapy, Trendit. Like this new project "Linkchain", it stated clearly in the whitepaper that "Investor's funds will be held in escrow. If for whatever reason the soft cap is not reached, 100% of token buyer funds will be returned". Which is a good practice?
Usually if they fail spectacularly they return all the investments back to the original owners.
If they are close to their goal they usually stay open just to reach it and the investors agree to it.
If they are close to their goal they usually stay open just to reach it and the investors agree to it.
In 99% of cases they return the investments back to the investors. Although I have seen some ICOs stay open for another month if they are close and the community are fine with it.
It all depends on how correctly formed the idea of what will be the result. That is, the project has not collected the required amount, then usually for a normal project, a smart contract returns all collected funds. And those who did not create such a contract, then of course their funds remain on the account and everything, you can forget about them.
Some of the ICO who didn't reach minimum cap wait for another opportunity, or given a spare time to make it up for another ICO but others gave token already to participant only they cannot use it yet because the ICO hold their own for time being and wait until such time that they have enough fund to continue in their project..that's what I've learn or know..
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
Yes, cases like that sometimes do happen to certain ICOs that didn't reach their minimum cap. The ICO manager might be telling you the right thing, so don't be afraid just wait for them to add the coin to an exchange. What you have to do is to watch their activities and wait patiently. I am afraid you have no option for now than to believe them sir. Thanks.
Normally ICO team announce what they'll do if softcap is not reached. Common practiceis to make a refund
Normally, it was stated on company website at FAQ tab.
If it didnt reach the minimum cap, there will be a refund and no tokens or payment for bounty participants.
If it didnt reach the minimum cap, there will be a refund and no tokens or payment for bounty participants.
usually ICO or developers involved in failed ICO projects will go or extend their campaign periods,
so I'm somewhat hesitant to invest in ICO if the project concept is not good and clear..
But in many cases they try to return and want to do again for better time we have very rare cases when they still try with this fund and have good result because its also depend on devs what they want to do and how they can manage this so I'm somewhat hesitant to invest in ICO if the project concept is not good and clear..
usually ICO or developers involved in failed ICO projects will go or extend their campaign periods,
so I'm somewhat hesitant to invest in ICO if the project concept is not good and clear..
so I'm somewhat hesitant to invest in ICO if the project concept is not good and clear..
From what I've read here, I didn't know that a return of the investment was made, but I supposed that the smart contracts are supposed to do that. Anyway, I have a question and I hope that someone can answer it: Is the softcap the necesary money for the project to work? Thank you
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.
As I know they need to announce info about this is happening and give all coins they already received back to all investors... sad... but fair
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
Icos will raise money if they want to do any legit thing. Shitty Icos wont raise required capital and if they dont they will be listed on a terrible and bullshit exchange ,pay them around 1-5 btc and enjoy the rest of their funds raised for personal purposes.
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
Icos will raise money if they want to do any legit thing. Shitty Icos wont raise required capital and if they dont they will be listed on a terrible and bullshit exchange ,pay them around 1-5 btc and enjoy the rest of their funds raised for personal purposes.
Thank you for the responses. Im now enlightened 
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.
-snip-
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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