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Topic: What is your general sentiment on soft-caps for ICO's? (Read 782 times)

full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
Soft cap denotes that how much fund needed to develop their project in future so there is a good thing to have a soft cap on ICOs since it can be a good sign to identify by ourselves that these teams got enough fund for their future purpose.
Now there are a lot of projects that cannot rise the Softcap, and this is due to the fact that the cryptocurrency market is now in serious condition
sr. member
Activity: 952
Merit: 308
I think it's necessary, because it's the initial target for development. But it would be wrong if the softcap is too high to achieve, maybe the softcap must be adjusted to market conditions.
legendary
Activity: 1512
Merit: 1041
I think the soft cap is very necessary for an ICO project because the soft cap is a sign of their minimum fund to run the project. thus can be more convincing to investors in supporting the project.
but actually the guarantee regarding softcap will make it a road or not it is not determined by it because it is funding to run while whether it is successful or not is not a determination
But stopping at softcap may delay the execution of the project because they have to start cutting down on all their budget using hardcap and removing most part that they initially thought was necessary for the project or the ones that will facilitate the project but I know that a very serious minded developer with a sound project will be able to work with softcap and push the project hard till it see the light of the day.

I also suspect that most developers that have stopped at softcap end up still investing the fund in some projects they believe to help them double it to the original price quoted for hardcap, probably reasons why we see lots of delayed projects.
full member
Activity: 1498
Merit: 146
Soft cap denotes that how much fund needed to develop their project in future so there is a good thing to have a soft cap on ICOs since it can be a good sign to identify by ourselves that these teams got enough fund for their future purpose.
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
If they don't put a soft cap and can't raise any good amount of Money, they probably end up having worthless tokens. It mostly happened like that but there is very little amount Project which actually created some value.
member
Activity: 490
Merit: 10
It is true that softcaps are really needed here so that later if there are more funds obtained by a project that are not misused by irresponsible people, it will also help investors to be confident with the ICO project if there are targeted results.
full member
Activity: 378
Merit: 105
MoonDeFi
I think it's necessary, just not in large numbers, many projects that look greedy and even softcap up to more than $ 4 million, but as a result, investors have been disappointed with it all, because rarely of those who get a return, I think this need to be repaired, like there are limits to softcaps.
jr. member
Activity: 394
Merit: 1
it is their procedure that the softcup stage in my opinion is important because it shows that the project can develop after that there are still other stages. at least if the project can reach the softcup stage it's not too bad. especially considering that the market is not in good condition, some of them do not reach the softcup stage either ...
hero member
Activity: 1638
Merit: 505
I think the soft cap is very necessary for an ICO project because the soft cap is a sign of their minimum fund to run the project. thus can be more convincing to investors in supporting the project.
but actually the guarantee regarding softcap will make it a road or not it is not determined by it because it is funding to run while whether it is successful or not is not a determination
sr. member
Activity: 770
Merit: 250
If I see the project did not reach soft cap, it doesn't mean that this project is bad. I know many examples when the projects have had a good grow on the exchange after bad ico.
member
Activity: 574
Merit: 10
Some new projects require fundraising and this Soft Cap is at least a predetermined sales target. If the fund collection does not reach the minimum sales target, I think the project will fail and maybe the investor's money will be returned.
sr. member
Activity: 980
Merit: 294
The question on soft cap is very non-standard, since it is a certain insurance for the project, the fact is that the project always calculates the minimum amount necessary for the initial development of the functional and this is a soft cap, of course, it is possible without it if the project does not set any goals but this is unlikely.
That is why they launch ICO, to raise more money for the development of their project. We've seen some projects that have already a ready product thus they still choose to have an ICO. I still don't see ICO that don't have soft cap otherwise they don't do ICO.
member
Activity: 238
Merit: 10
Is it necessary for an ICO to have soft-cap or does it show a sign of weakness and missing confidence?
It's a sign of high confidence, as a matter of fact. If teams didn't believe they'd reach it, they wouldn't even bother with the ICO. I personally see nothing wrong with it...
hero member
Activity: 1358
Merit: 509
Soft-cap is necessary for increasing the investor confidence and attracting more potential customers to the project. Teams can sell their project to other investor if their idea is worth more than pre-determined soft cap.
jr. member
Activity: 392
Merit: 2
Development needs funds  so ICO is a good fund raising method. It is different question how realistic
are the soft cap / hard cap targets. Very often, they are oversized without any reason.
hero member
Activity: 1302
Merit: 540
The current belief of people about softcaps has almost decreased due to the lack of transparency regarding funds and in the end also got the suspicion that many projects were manipulating their funds
Sad but true, this issue regarding to collected funds is one of the reasons why investors are no longer interested with projects that was been introduced, knowing that there's no transparency and most of the fake projects can easily manipulated the amount, it's really needed to be more extra careful believing as soft cap can be a good indications while in the other hand it's also ways to trick target investors.
jr. member
Activity: 192
Merit: 1
Soft cap is important for the initial development of the project. Let's assume they have already done all things needed to show the project to the world, they need the softcap to woeh on the basic goal of the project which can be seen by the supporters of the project.
member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
Most soft caps are realistic though there are ones that are very ridiculous. There are some that are way way out of target. Investors of late are scared to invest due to so many scam projects

jr. member
Activity: 126
Merit: 4
I have already met enough projects that have hold their token sales without even having a soft cap and these were the most successful projects, because already before the sales begin they have provided a working product.
full member
Activity: 644
Merit: 101
Like many people, I simply cannot understand why we need to make all of our investments with you in order to achieve softcap, because I think that all this definitely does not have a serious relationship to the project.
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